WALL ST. JOURNAL REALTY NEWS WSJ.com: Real Estate Vulture Fund Makes a Move in U.K. Real Estate A veteran British property investment team has sat on their vulture fund, waiting for the right moment to pounce on the growing carnage in commercial real estate. Now their venture is making its first move. Office Rents Slide on Drop in Demand Office rents declined throughout the U.S. as business slowed and landlords grappled with a growing expanse of empty space. China Urges Real-Estate Developers to Cut Prices China plans to expand public housing and urged developers to cut home prices in an effort to stem job losses. Construction Spending Exceeds Expectations Spending on U.S. construction projects is holding up better than expected, but it is likely to falter in the coming months. Real-Estate Executive Is Found Dead Steven Good, CEO of a Chicago real-estate auction firm, was found dead in an apparent suicide. It wasn't clear if there was any connection to his business. Lisa C. Mattise Telephone 800.928.7629 Mobile 434.981.0354 RE/MAX EXCELLENCE

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