Pasal Development: Consolidated Earnings After Taxes of EUR 2.6 mn for the 9M 2008

PASAL Development S.A. announces that consolidated earnings after taxes and minority interest for the 9M 2008 amounted to 2.6 mn euro compared to 6.0 mn euro in 2007. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 3.5 mn euro compared to 10.1 mn euro in 2007, while consolidated earnings before taxes amounted to 1.3 mn euro compared to 8.6 mn euro the respective period of last year. The reduction is mainly due to... 

ZipRealty Appoints Lanny Baker as Chief Financial Officer

ZipRealty, Inc. (Nasdaq: ZIPR ) announced that Lanny Baker has agreed to join the Company and will assume the role of Chief Financial Officer of the Company, effective December 1, 2008. David Rector, Senior Vice President, Chief Accounting Officer, and Chief Financial Officer, will remain with the Company as Senior Vice President and Chief Accounting Officer. Mr. Rector has been with ZipRealty since 2002 and has served in the role of Chief Accounting... 

Grubb & Ellis Files Investor Presentation

Grubb & Ellis Company (NYSE: GBE ), a leading real estate services and investment firm, announced that it has filed an investor presentation with the Securities and Exchange Commission in connection with its 2008 Annual Meeting of Stockholders, which is scheduled for December 3, 2008. Grubb & Ellis’ Board of Directors recommends that all stockholders vote FOR the company’s three independent and experienced directors — Harold... 

RSC Holdings Inc. Appoints Vice President of Managed Services

RSC Holdings Inc. (NYSE:RRR ) announced the promotion of Gordon McDonald to the position of Vice President of Managed Services. In this new role, he will be charged with supporting the recent success of the proprietary Total Control® equipment management software. The unique product is gaining market share among industrial companies, by offering cost savings and transparency to equipment rentals. “Gordon has thirty years leadership experience... 

InnVest Real Estate Investment Trust announces adjusted monthly distribution

InnVest Real Estate Investment Trust (“InnVest” or the “Trust”)(TSX:INN.UN) announced today that it has declared a distribution of $0.0625 per unit payable on December 15, 2008 to Unitholders of record as at the close of business December 1, 2008. The November distribution represents a one third reduction from monthly distributions of $0.09375 per unit that have been paid since the Trust’s inception in 2002. “InnVest... 

Dot VN, Inc. Signs Danang City Office Lease

Dot VN, Inc., a Delaware corporation (“Dot VN” or the “Company”) (http://www.dotVN.com), (Pink Sheets: DTVIs), an Internet and Telecommunications Company and the exclusive online global domain name registrar for the Country of Vietnam, announced that it, through a wholly-owned Vietnamese subsidiary formed under the authority of the People’s Committee of the City of Danang (“Dot VN Danang”), has executed a... 

LaPolla Reports Third Quarter Profit

LaPolla Industries, Inc. (OTC BB:LPAD.OB ) (“LaPolla”), a leading manufacturer and supplier of spray foam insulation and coatings designed to reduce energy consumption in the commercial and residential new construction and retrofit markets, today announced results for the third quarter and nine months ended September 30, 2008. “LaPolla continues to grow sales dramatically despite the current economic crisis. Mainstream acceptance... 

Stewart Title Company Illinois Division Announces Two New Positions Director of Attorney Services and Manager of Customer Service

Stewart Title Company – Illinois Division, a wholly-owned subsidiary of Stewart Information Services Corp. (NYSE:STC), announces the hire of Robert (Bob) L. Canel, Director of Attorney Services, and Steve Kirin, Manager of Customer Service. Canel, a real estate attorney for more than 30 years, brings his sales experiences from the last 10 years in the title industry to Stewart Title Company – Illinois Division. As Director of Attorney Services,... 

Stratus Properties Inc. Receives Letter from NASDAQ Regarding its Third-Quarter 2008 Form 10-Q Filing

Stratus Properties Inc. (NASDAQ: STRS) announced that on November 18, 2008, Stratus received a letter, as anticipated, from The NASDAQ Stock Market advising that Stratus is currently not in compliance with the continued listing requirements set forth in NASDAQ Marketplace Rule 4310(c)(14) because Stratus did not timely file its quarterly report on Form 10-Q for the quarter ended September 30, 2008 (the “Form 10-Q”). The NASDAQ letter advised that... 

Plazacorp enters into new management agreements for its portfolio

Plazacorp Retail Properties Ltd. (PLZ:TSX Venture) announced today that its independent directors have approved a new five-year Management Agreement between Plazacorp and Plaza Group Management Limited (“PGML”). Under this new agreement, PGML will provide property management and corporate management services to Plazacorp. PGML is a company indirectly owned and controlled by Earl Brewer, Chairman of Plazacorp, and Michael Zakuta, President...