New York, December. 3, 2007 (HAUPTNEWSWIRE) — nasdaq stock market, announced Inc. (nasdaq(r)) (nasdaq:NDAQ) this rice, Inc. (nasdaq:REIS), a leader in the commercial real estate news services, shifted its general stock of american stock echangex on global market nasdaqs. On November 30, began rice to act under the symbol “RICE.”
Rice is the 24. Company, to of american stock echangex to nasdaq to switch this year.
“nasdaq pleased that a pioneer rice like, Inc. decided to connect our family of the prominent companies”, said Bruce Aust, Executivvizepraesident of the korporativen group client nasdaqs. “is pleased nasdaq, around in the situation zuSEIN, rice to support by to order place to the added view and the efficient acting climate for the company.”
“we believe that nasdaq offers a superior view platform and it, where ours act investors said” to Jeffrey H. LynFord, chairman von Reis are. “our company was registered on other markets over the last 15 years, but we believe, nasdaq the best market are to support to our growth objectives and it are, where we believe that ours become investors well served.”
Over rice
The company was created by A May 2007 fusion between rice, Inc. (”private rice”) and WellsFord material Properties, Inc. (”WellsFord”). Rice of carries on the business of private rice and of WellsFord.
Private rice was created 1980 like a servicer of the commercial information of the property market and is today a leader in this to catch. Rice maintains its own data base, which contains exactly described information about commercial real estate in the neighbourhoods and metropolitan markets in US. The data base contains information about dwelling, einzelverkauf, office and commercial property and becomes from the real estates investors, from which credit-giving places and from other specialists, sells the informed purchase uses and and finances decisions to form. At present its to many of the prominent lending institutions nation, the cheapness places news services to rice investors, the mediator and the appraiser to the order.
Flagship product tear is rice SE, on-line entrance to the information and to analytic tools supplies, which are sketched, in order to facilitate debt and cheapness negotiations. Additionally to the tendency and prognosis analysis at the neighbourhood and metropolitan levels, the product offers detailed building-specific information such as rents, place rate and basic renting times, to characteristic sales information, listing of the new structure and characteristic Schaetzungschaetzungen.
Is sketched to rice SE, in order to satisfy the demand to information within the prescribed period and exact, around the adoption of resolutions of the characteristic owner, the developer and the designer, the banks and the non bank credit-giving places and the cheapness investors, all to support of, erFordern whom entrance to the information about the achievement and the price calculation of the values, including detailed data concerning the stock exchange transactions, the VersorgunGSMaterials and the absorption. These information is critical to all aspects of evaluating the values and the financing of its acquisition, development and structure.
To more information concerning products and services are tear, attendance www.reis.com.
Before the fusion WellsFord was a corporation, which develops worked on real estate as dealing in real estate bank enterprise functioned, which acquired, financed and and invested in the private and general real estate companies. The functioning primary activities of the company before the fusion were immediately the development, the structure and the sales of three living projects and of its approximate 23% property portion of private rice. The company continues developing these three existing living projects to design and sell.
Over nasdaq
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Neither nasdaq stock market, Inc. forms still any its participant (together “nasdaq”) each possible recommendation to buy or sell any security or each possible representation over the financial condition of any company, who should take up itself investors their own being entitled care and evaluate companies forwards investing carefully.
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CONTACT: nasdaq central contact: Bethany Sherman (212) 401-8714 bethany.sherman@nasdaq.com
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