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...buying binge comes as commercial real estate rents and occupancy rates continue to plunge, leaving industry experts wondering if the rally was premature at best - and overdone at worst. "I'm a little bit more cautious in the near-term, given the rally that we've had and where valuations sit," says Michael Bilerman, a Citigroup Global Markets analyst. "They're trading at a 15% to 20% premium to NAV [net asset value]." He says he wouldn't be surprised if REIT stocks saw a 5% to 10% correction in the near-term. (Read "New REITs Pounce on Distressed Mortgage...

Author: /time Magazine | Title: REITs and Commercial Real Estate's Victims | 10/28/2009 | See Source »

...image of an old wooden junk with orange sails is ubiquitous in Hong Kong lore. It's on matchbooks, advertisements and postcards in this famous port city, but the traditional wind-powered Chinese boat cruising Victoria Harbor is a rare site these days. The reality is a bit less picturesque: the second busiest port in the world is filled with diesel-powered ships, ferries and fishing boats that belch toxins into the infamously polluted Hong Kong skyline...

Author: /time Magazine | Title: Cleaning Up Polluted Harbors with Greener Ships | 10/28/2009 | See Source »

Perhaps we all should just admit that, on that cold Cambridge night in the Old Yard, the whole concert felt a little bit like HUDS: out of place. Now, if it had instead been “Girl Jam: a jam-a-capella re-jam of our favorite jams”, we probably would have really kicked back, and, well, jammed. But, though we may jam, perhaps we were just never meant to concert...

Author: By Alexander J. Ratner, CRIMSON STAFF WRITER | Title: Love it: Pep Rally | 10/28/2009 | See Source »

...Christian, too, has started to come around. "Certainly things have gotten a lot better," he says. "The British army has become a bit more sensitive in realizing that tourism is kind of touchy when it comes to big explosions...

Author: /time Magazine | Title: In Kenya, Can War Games Coexist with Wildlife? | 10/27/2009 | See Source »

...eloquent and a bit strange, like a true bohemian." - Goran Kojic, editor of Belgrade magazine Healthy Life, on being fooled by Karadzic's disguise as a New Age healer. Karadzic freelanced for the publication while hiding from authorities. (AP, July...

Author: /time Magazine | Title: Former Bosnian Serb Leader Radovan Karadzic | 10/27/2009 | See Source »

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