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Apollo Investment Corp. said it posted a loss for the second quarter due to a hefty losses from foreign currencies and depreciation because of weaker capital markets. SAN RAMON, Calif.----Property indices in Europe and the United States are reporting shrinking levels of depreciation in most markets; however, for many real estate investment managers, it’s still a work in progress as they battle through the deleveraging process and continue to take write-downs on assets. The Government's move to scrap depreciation on listed commercial property is "completely out of whack" with the rest of the OECD and may make it harder to attract offshore investment, the Property Council says.New Zealand will... Consolidated-Tomoka Land Co. today reported net income of $800,570, or $0.14 earnings per basic share, for the year ended December 31, 2009, and earnings before depreciation, amortization, and deferred taxes of $4,531,135, or $0.79 per share, for such period. Â The comparable numbers for 2008 were net income of $4,834,900, or $0.84 earnings per basic share and EBDDT of $7,924,025, or $1.38 per ... Property investors will find it hard to argue they should continue to claim depreciation of buildings that were increasing in value while not paying tax on that increase, Tax Working Group member John Shewan says. read more

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