News clips 4/13

-Bank of America is unloading a big block of foreclosed homes. And not for the first time. Funny how you just don’t get that kind of thing here in Europe. The moves comes as the American housing market continues to show signs of recovery.

-Aareal Bank gets its A- rating confirmed by Fitch. Not that this looks like it’ll be enough to keep the bank active in property

-Orco Property Group has called a meeting of bondholders (Feb 3., 2006) on April 30 at the Archa palace, conversion of bonds into stock is on the agenda

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