Universal City office tower landlord gets $355-million infusion

MONTREAL – Canadian pension fund Caisse de dépôt et placement du Québec is bulking up its real estate holdings in Britain with the purchase of the prestigious Woolgate Exchange in London’s financial district.

Continuing my predictive analysis of a global real estate relapse, I bring you today's headlines followed by updated research of company that we see slated for probable bankruptcy. Professional and institutional subscribers should download the latest deliverable, which illustrates the likelihood of a bankruptcy in our most recent forensic analysis candidate if it were to go the foreclosure route -Foreclosure Scenario Analysis.

Tech giant Google announced Tuesday that it has begun offering free public WiFi internet access in the southwest Chelsea neighborhood of New York City, close to its mammoth headquarters. According to Google, the new service — which was the product of a public-private effort by the company, city officials, and a local nonprofit development ogranization – will provide free Internet access to hundreds of thousands of people each year, making it the largest such WiFi network in New York City.

Tech giant Google announced Tuesday that it has begun offering free public WiFi internet access in the southwest Chelsea neighborhood of New York City, close to its mammoth headquarters. According to Google, the new service — which was the product of a public-private effort by the company, city officials, and a local nonprofit development ogranization – will provide free Internet access to hundreds of thousands of people each year, making it the largest such WiFi network in New York City.

A swath of the Los Angeles skyline is trading hands as office-tower owner Brookfield Office Properties has reached a deal to buy MPG Office Trust, the largest office landlord in the city's downtown.