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Real Estate News Jan 2008

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Countrywide CEO cancels USD real estate conference appearance
Angelo Mozilo, chairman and CEO of Countrywide Financial Corp., will not participate in the Jan. 22 University of San Diego Burnham-Moores Center for Real Estate annual conference as previously scheduled. (Thu, 17 Jan 2008 02:37:58 GMT)

HK-listed Zhong An Real Estate buys 100 pct of Hangzhou Zheng Jiang Real Estate
HONG KONG (XFN-ASIA) - Zhong An Real Estate Ltd (672.HK) said that it has agreed to acquire the entire issued share capital of Hangzhou Zheng Jiang Real Estate Development Co Ltd for a total of 370.36 mln yuan. (Thu, 17 Jan 2008 03:55:07 GMT)

Allure Of Real Estate Is Waning For Agents
With each passing month, it gets tougher to sell homes in the Tampa Bay area, as median sales prices keep slipping and buyers remain skittish. The pressure of making a buck in the industry appears to be leading some local real estate agents to drop out of the business. (Thu, 17 Jan 2008 05:09:42 GMT)

First smoking fine goes to real estate office, 56 others warned
ST. PAUL (AP) — The first fine for violating Minnesota’s statewide smoking ban went not to a rebel bar but to an Eden Prairie real estate office. (Thu, 17 Jan 2008 05:21:46 GMT)

Arizona real estate outlook bleak — for now, experts say
PHOENIX — The short-term outlook for Arizona's real estate remains bleak, with experts expecting more price declines and thousands more foreclosures in 2008. (Thu, 17 Jan 2008 07:07:41 GMT)

Real estate needs index
VietNamNet Bridge – The Vietnam Construction Federation is planning to join forces with economists to develop a real estate index the Government can refer to when adjusting management policies. (Thu, 17 Jan 2008 09:31:17 GMT)

BNP Paribas appoints head of real estate corporate finance in Germany
BNP Paribas has appointed Joachim von Rheinbaben for the newly created role of head of real estate corporate finance in Germany. (Thu, 17 Jan 2008 11:04:34 GMT)

Al Barakah Investments enters real estate market
Al Barakah Investments enters fast-growing mid-segment of Dubai's real estate market with Dhs1.3bn Sanali Towers in Downtown Dubailand. (Thu, 17 Jan 2008 12:10:09 GMT)

Spanish Real Estate Agencies Folding
Half of Spain's real estate agencies have folded in the past year due to a slowdown in the once-booming building sector, an industry association says. (Thu, 17 Jan 2008 12:43:51 GMT)

Real estate expert helping health department find new headquarters
A consultant has been hired to help the Kanawha-Charleston Health Department find a new headquarters. Phil Angel, who has more than 40 years' experience in commercial real estate, started assisting the department with the search for a new building last week. (Thu, 17 Jan 2008 12:46:34 GMT)

PNC profits stung by lower real estate values
Hurt by the struggling real estate market, Pittsburgh-based PNC Financial Services Group said earnings fell 53 percent to $178 million in the fourth quarter, or 52 cents a share. (Thu, 17 Jan 2008 16:54:23 GMT)

Several face charges in real estate fraud probe
A 70-year-old Mississauga man is among five people charged and police are looking for others, including another Mississauga man, in connection with a massive real estate fraud totalling nearly $4 million. Toronto Police laid 135 fraud-related charges today against five people, and Canada-wide warrants have been issued for two more suspects. (Thu, 17 Jan 2008 17:51:14 GMT)

REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Thu, 17 Jan 2008 21:18:02 GMT)

REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Thu, 17 Jan 2008 21:20:13 GMT)

Global Real Estate Expert to Reveal Survival Strategies on Top 'Money Answers' Show
"America's Money Answers Man" and talk show host, Jordan Goodman, will feature global real estate expert, Ray Wirta, former CEO of CB Richard Ellis, live on The Money Answers Show with Jordan Goodman (http://www.moneyanswers.com), Monday, January 21, 2008, at 12 noon PST, (3 p.m. EST). Wirta will reveal investment strategies for surviving today's real estate market crunch. (Thu, 17 Jan 2008 21:27:13 GMT)

Conference speakers: Detroit real estate market has hit bottom
The Detroit real estate market has hit bottom and is expected to improve during the next couple of years. (Thu, 17 Jan 2008 21:27:25 GMT)

Inland Real Estate Corporation Announces Date of Fourth Quarter and Year End 2007 Earnings Release, Conference Call ...
Inland Real Estate Corporation (NYSE: IRC) today announced that it will release its fourth quarter (Thu, 17 Jan 2008 22:17:11 GMT)

Inland Real Estate Corporation Pays January and Declares February Cash Distribution to Common Stockholders
Inland Real Estate Corporation (NYSE: IRC) announced that today it paid a cash distribution of $0.08167 (Thu, 17 Jan 2008 22:19:22 GMT)

Five arrested in real estate scam
Toronto Police have arrested five men in an elaborate real estate scam in which parking spaces or storage lockers were sold off as 300-thousand dollar condos. (Thu, 17 Jan 2008 23:59:37 GMT)

Real estate agent murdered in Chiba
CHIBA — A real estate agent was found murdered Thursday night in his office in Ichihara City, Chiba Prefecture, police said Friday. (Fri, 18 Jan 2008 01:22:23 GMT)

Bafin to investigate Hypo Real Estate over warning
Hypo Real Estate's senior management faced a potential further blow yesterday as it emerged that Germany's financial regulator, Bafin, had launched an investigation into whether it failed to inform investors of its profits slump in a timely fashion. (Fri, 18 Jan 2008 02:48:44 GMT)

Pioneer in S.C. real estate dies at 81
Walter M. Keenan Sr., longtime fixture of South Carolina’s commercial real estate industry, died Thursday. Keenan was 81. He is survived by his wife, Harriet, and son Walter M. (Neel) Keenan Jr. Co-workers and competitors alike remember Keenan as someone who was very fair to deal with in what can often be the cutthroat business of commercial real estate. “Walter was one of the pioneers of true ... (Fri, 18 Jan 2008 05:16:48 GMT)

Banks feel real estate, credit ills
Two of Charleston's locally based banks said Thursday that the credit crunch and real estate slowdown dragged down their respective bottom lines during their most recent earnings period. First Financial Holdings Inc., the biggest banking company based in the Charleston area, reported its f... (Fri, 18 Jan 2008 05:54:45 GMT)

No real-estate sales record for 2007
Nobody's panicking, but the 2007 real-estate market ain't what it used to be - in fact it's not even what it was in 2006, according to some recently released year-end reports. (Fri, 18 Jan 2008 07:37:59 GMT)

Real estate appraiser sues WaMu
Washington Mutual Inc. has been sued by a real estate appraiser who claimed her contract with the biggest U.S. savings and loan was terminated because she prepared appraisals that indicated market conditions were declining. (Fri, 18 Jan 2008 08:02:31 GMT)

How Broward County local governments financially benefited from real estate boom
Real estate boom brings cash to local governments Broward County and its 31 cities reaped an extra $1.4 billion because of the increase in property values between 2001 and 2006. Last year, they reduced tax collections from property owners by just less than $62 million as part of tax relief ordered by the state. Here's a look at the changing tax picture for each government. (Fri, 18 Jan 2008 08:28:17 GMT)

Hypo Real Estate CEO says co sent earnings statement at earliest possible time
FRANKFURT (Thomson Financial) - Hypo Real Estate Holdings AG's chief executive Georg Funke brushed off accusations that the company may have breached ad-hoc regulation and failed to inform investors in due time about developments at the company, according to an interview in Boersen-Zeitung. (Fri, 18 Jan 2008 10:09:57 GMT)

Real estate industry takes hit
A slower Thurston County housing market has been felt by not only buyers and sellers but also South Sound real estate professionals. (Fri, 18 Jan 2008 11:23:08 GMT)

Stronger year predicted for central Indiana real estate market
Realtors forecast a stronger real estate market for central Indiana this year, predicting a one-to-two percent increase in home sales. (Fri, 18 Jan 2008 11:34:15 GMT)

• Things That Can Make a Quick Sell in Tampa Real Estate
Are there something that keeping your home from selling in Tampa real estate? There are points that you need to keep in mind in order to sell your home quickly. (Fri, 18 Jan 2008 12:30:22 GMT)

• How to Move Your Things to a New Home at Miami Real Estate
Are you moving to Miami real estate? Do you want a moving company to help you out with your stuff? A moving company can help you move your stuff from your old home to your new one. But hiring a moving company requires money for them to do the work for you. (Fri, 18 Jan 2008 12:45:34 GMT)

Crist appoints veteran broker to state real estate commission
TALLAHASSEE -- Gov. Charlie Crist has tapped a Pensacola real estate veteran to fill a slot on a state regulatory panel. (Fri, 18 Jan 2008 13:19:27 GMT)

Retailer Seeks to Allay Real-Estate Fear
Outdoor equipment retailer Cabela's is trying to improve its image in Montana, where some sportsmen are concerned the company's real estate operations spur ranch sales and cost them opportunities to hunt. (Fri, 18 Jan 2008 14:52:03 GMT)

Real estate sales down 8 percent
Fresh off a second straight year of declines in total dollar volume and number of sales, island real estate agents are predicting more of the same for 2008 amid nationwide economic frustration and uncertainty surrounding the upcoming presidential election. (Fri, 18 Jan 2008 14:52:58 GMT)

Inland Real Estate Sets Monthly Dividend
Inland Real Estate Corp. said its board declared a regular monthly dividend of 8.167 cents per share. The retail center real estate investment trust said the dividend is payable Feb. 18 to shareholders of record Jan. 31. (Fri, 18 Jan 2008 16:27:58 GMT)

Survey: Commercial Real Estate Hiring and Compensation to Remain Healthy in 2008
The 2008 job outlook for real estate professionals - particularly in the commercial sector - remains (Fri, 18 Jan 2008 17:17:20 GMT)

Monmouth Real Estate Sets Dividend
Monmouth Real Estate Investment Corp. said its board declared a regular quarterly dividend of 15 cents per share. The industrial real estate investment trust said the dividend is payable March 17 to shareholders of record Feb. 15. (Fri, 18 Jan 2008 17:23:06 GMT)

BuySide Realty becomes licensed to sell real estate online in Texas
BuySide Realty, an online residential real estate brokerage firm, has expanded operations to Texas. (Fri, 18 Jan 2008 17:45:50 GMT)

on stage: How many real estate agents does it take to...
David Mamet's 1984 Tony Award-winning play, "Glengarry Glen Ross," follows the lives of unethical Chicago real estate agents who are prepared to go to any lengths (legal or illegal) to unload undesirable real estate on unwilling, prospective buyers. (Fri, 18 Jan 2008 20:13:15 GMT)

Real Estate Forecast: Clear skies ahead
When area real estate professionals gather for this year’s Tarrant County Commercial Real Estate Forecast, they can expect to hear the second verse to last year’s optimistic song. (Fri, 18 Jan 2008 21:05:38 GMT)

Glass half full, real estate industry telling Atlantans
Local real estate industry leaders made another stab this week at counteracting the growing tide of gloomy news about mortgages, foreclosure and home sales. At a panel discussion assembled by the Mortgage Bankers Association of Georgia and the Georgia Association of Mortgage Brokers, representatives of bankers, brokers, real estate agents and builders encouraged consumers to "think of the glass ... (Fri, 18 Jan 2008 22:07:28 GMT)

Some Valley real estate regions holding steady
The outlook isn't all dim for the Valley's real estate market. A new study by Arizona State University shows that some areas, such as Phoenix, Paradise Valley and Scottsdale, are holding their own. (Fri, 18 Jan 2008 22:12:35 GMT)

Real estate conference offers wealth of timely topics
The 12th annual real estate conference Tuesday at the Burnham-Moores Center for Real Estate may not have the Countrywide Financial Corp. CEO, who had originally been scheduled, but will have no shortage of speakers on topics ranging from the health of capital markets to "green" building. (Sat, 19 Jan 2008 01:44:40 GMT)

WINCHESTER REAL ESTATE TRANSFERS
* Phyllis L. Ball to Jean H. Rimback, lot with house, Willow Lawn Cottages, $260,000. * Barron Homes Inc. to Barron Real Estate LLC, lot with house, 2316 Tower Ave., $274,000. (Sat, 19 Jan 2008 05:59:49 GMT)

Gov. Crist appoints Pensacola man to Florida Real Estate Commission
Gov. Charlie Crist appointed a Pensacola man to the Florida Real Estate Commission this week. (Sat, 19 Jan 2008 06:55:43 GMT)

Snasco enters Jordanian real estate market
Snasco, one of the leading real estate firms in the region, has announced its intention to enter the Jordanian property market, in line with its strategy for expansion in the Arab region. (Sat, 19 Jan 2008 07:54:59 GMT)

Real Estate Weekly -- Jan. 18
Real Estate Weekly -- Jan. 18 (Sat, 19 Jan 2008 08:27:52 GMT)

Settle: Local real estate strong throughout 2007
The outgoing president of the Clarksville Association of Realtors, Jimmy Settle (not to be confused with this writer of the same name), told The Leaf-Chronicle last week that Clarksville-Montgomery County had a record year for real estate sales in 2007. (Sat, 19 Jan 2008 11:10:59 GMT)

Real estate documents are going digital
Juggling the mounds of paperwork tied to the home buying process could get easier this year for Arizona real estate agents, lenders, escrow officers, title companies and others in the industry. (Sat, 19 Jan 2008 13:24:08 GMT)

• Great Ways to Gain Your Dream Home at Siesta Key Real Estate
Interested to purchase a home in Siesta Key real estate? Certainly, it is the best way to take care of your family. (Sat, 19 Jan 2008 15:00:47 GMT)

N.H. real estate sags for 2nd year
The real estate market in New Hampshire declined for a second consecutive year in 2007, as median home prices dropped slightly, sales lagged and houses stayed on the market longer, according to data released this week by the New Hampshire Association of Realtors. (Sat, 19 Jan 2008 15:07:57 GMT)

Xinyuan Real Estate CEO Elected as Deputy to People's Congress of Henan Province in China
Xinyuan Real Estate Co., Ltd. , a fast-growing residential real estate developer with a focus on a strategically selected group of China's Tier II cities, which are larger, more developed cities with above average GDP and urban population growth rates, today announced its chairman and chief executive officer, Mr. (Sat, 19 Jan 2008 18:59:00 GMT)

Banks Feeling Real Estate's Pain
As the tentacles of the subprime fallout and global credit crunch continue to spread, banks are starting to feel the heat. According to an article in In Business Las Vegas, banks offer a unique perspective on real estate troubles and a difficult national economy in general. (Sat, 19 Jan 2008 19:14:51 GMT)

Differing views on real estate outlook
New Hampshire's real estate market declined for a second consecutive year last year, with home prices dropping, sales lagging and houses lingering on the market longer, the New Hampshire Association of Realtors said. (Sat, 19 Jan 2008 20:53:10 GMT)

If your real estate funds took a beating in 2007, don't get antsy
For investors who bought real estate funds over the past few years, their year-end statements have provided a jolt and have created a need for self-evaluation. (Sun, 20 Jan 2008 03:16:02 GMT)

Are real estate investors overlooking balance?
For investors who bought real estate funds over the last few years, their year-end statement has provided a jolt, and created a need for self-evaluation. The problem is that most people react to having their nerves frazzled without the personal exam, which... (Sun, 20 Jan 2008 04:06:42 GMT)

Are real estate investors overlooking balance?
For investors who bought real estate funds over the last few years, their year-end statement has provided a jolt, and created a need for self-evaluation. (Sun, 20 Jan 2008 04:38:37 GMT)

Real estate agent convicted of tax evasion
BRAMPTON - A Brampton real estate agent has been fined more than $43,000 after being found guilty of tax evasion. Bradman Lee was found guilty last month on three counts of income tax evasion and four counts of goods and services tax (GST) evasion. (Sun, 20 Jan 2008 05:04:34 GMT)

Are real estate investors overlooking balance?
For investors who bought real estate funds over the last few years, their year-end statement has provided a jolt, and created a need for self-evaluation. The problem is that most people react to having their nerves frazzled without the personal exam, which... (Sun, 20 Jan 2008 08:42:23 GMT)

From real estate to - hair?
After a few years of success in real estate investments, Terry Briggs, Victor Harry and Kevin Reid decided in early 2006 that the market, in Briggs' words, "was just too good to be true." (Sun, 20 Jan 2008 09:04:15 GMT)

IREIS 2008 to showcase wide range of local and regional real estate projects
The fourth edition of the Abu Dhabi Real Estate and Investments Show (IREIS 2008) has received strong support from local and international participants from the UAE, Qatar, Saudi Arabia, Kuwait, Spain, Germany, Cyprus, Malaysia, USA, UK and Austria. (Sun, 20 Jan 2008 09:25:12 GMT)

Author Q&A | Former Chicagoan Adam Langer delves into Manhattan's real estate market in his third novel
If you've spent any time in Manhattan -- during cocktails; on the No. 9 Uptown; over a street-corner nosh -- you've encountered the one inevitable fallback conversation topic: real estate. With 8 million people stuffed onto the island, personal space is a salient concern. (Sun, 20 Jan 2008 10:06:34 GMT)

Real estate agents who hang on should survive slump
Fewer real estate sales may mean fewer real estate agents, but it is unlikely to affect the professional real estate agents who are in it for the long haul, real estate experts say. (Sun, 20 Jan 2008 10:09:12 GMT)

IREIS 2008 to showcase wide range real estate projects
IREIS 2008 to showcase wide range real estate projects (Sun, 20 Jan 2008 12:08:32 GMT)

U.S. slowdown may boost Canada's real estate market
The prospect of a U.S. recession has some homeowners and prospective buyers nervous about the impact on the real estate market in Canada, but one economist says a slowdown could actually boost activity in Canada's housing sector. (Sun, 20 Jan 2008 12:18:45 GMT)

U.S. slowdown may boost Canada's real estate market
The prospect of a U.S. recession has some homeowners and prospective buyers nervous about the impact on the real estate market in Canada, but one economist says a slowdown could actually boost activity in Canada's housing sector. (Sun, 20 Jan 2008 14:02:53 GMT)

Hypo Real Estate informed investors correctly, did not foresee writedowns - CEO
FRANKFURT (Thomson Financial) - Hypo Real Estate Holdings AG's chief executive Georg Funke dismissed accusations that the company may not have informed investors in due time about writedowns in connection with the global credit crisis. (Sun, 20 Jan 2008 18:40:00 GMT)

China Real Estate Brokers Face Slowdown
After booming in recent years, China's real estate market is finally beginning to feel the pinch from sagging demand and tighter controls. One of China's biggest real estate agencies, Chuanghui Real Estate, has shuttered dozens of outlets in Shanghai and other cities, leaving behind angry customers and employees, following an ill-timed expansion just as the market was peaking. ... (Sun, 20 Jan 2008 18:53:00 GMT)

China real estate brokers face slowdown
After booming in recent years, China's real estate market is finally beginning to feel the pinch from sagging demand and tighter controls. (Sun, 20 Jan 2008 18:53:29 GMT)

China real estate brokers face slowdown
After booming in recent years, China's real estate market is finally beginning to feel the pinch from sagging demand and tighter controls. One of China's biggest real estate agencies, Chuanghui Real Estate, has shuttered dozens of outlets in Shanghai and other cities, leaving behind angry customers and employees, following an ill-timed expansion just as the market was peaking. Several other ... (Sun, 20 Jan 2008 18:59:53 GMT)

China Real Estate Brokers Face Slowdown
After booming in recent years, China's real estate market is finally beginning to feel the pinch from sagging demand and tighter controls. One of China's biggest real estate agencies, Chuanghui Real Estate, has shuttered dozens of outlets in Shanghai... (Sun, 20 Jan 2008 19:06:04 GMT)

Your reaction to real-estate funds' decline may reveal bad habits
BOSTON (MarketWatch) -- For investors who bought real-estate funds over the last few years, their year-end statement has provided a jolt, and that means it's time they re-evaluate the reasoning behind their investment choices. (Sun, 20 Jan 2008 20:46:20 GMT)

Uae's Snasco To Enter Jordanian Real Estate Market
Snasco, one of the leading real estate firms in the region, has announced its intention to enter the Jordanian property market, in line with its strategy for expansion in the Arab region. (Mon, 21 Jan 2008 01:12:47 GMT)

UAE'S SNASCO TO ENTER JORDANIAN REAL ESTATE MARKET
Middle East   Snasco, one of the leading real estate firms in the region, has announced its intention to enter the Jordanian property market, in line with its strategy for expansion in the Arab region. (Mon, 21 Jan 2008 01:12:47 GMT)

• Should You Go With Just One Real Estate Broker?
Selling and buying real estate is not for the faint of the heart. For buyers, if you are not experienced with things such as real estate then you may end up exhausted and give up or you may end up owning a property of mediocre quality but still exhausted. (Mon, 21 Jan 2008 02:45:30 GMT)

WINCHESTER REAL ESTATE TRANSFERS
* Phyllis L. Ball to Jean H. Rimback, lot with house, Willow Lawn Cottages, $260,000. * Barron Homes Inc. to Barron Real Estate LLC, lot with house, 2316 Tower Ave., $274,000. (Mon, 21 Jan 2008 05:13:57 GMT)

Dallas real estate veteran heads for Oxford in Austin
An investment real estate power broker with 25 years of experience in Dallas has taken on a leadership role at Austin's Oxford Commercial. (Mon, 21 Jan 2008 05:18:16 GMT)

National real estate woes hit home
Troubles in the real estate market have taken a toll on some of Knoxville's banking heavyweights. (Mon, 21 Jan 2008 05:29:01 GMT)

Commercial real estate sales activity near a standstill
The gears of Boston's once red-hot commercial real estate sales market have come to a grinding halt. Just ask Robert E. Griffin Jr. who has taken his show on the road, explaining the topsy-turvy real estate market that has all but paralyzed sales of commercial property in Boston. (Mon, 21 Jan 2008 07:18:17 GMT)

Real estate brokerage creates edge with analytical program
A new commercial real estate brokerage in Scottsdale is combining elements of science and technology with conventional sales. (Mon, 21 Jan 2008 07:19:27 GMT)

Well-known real estate broker moves from Cornish to Colliers
One of the best-known and well-liked commercial real estate brokers in the valley has left his long-standing perch at the region's largest brokerage house to join his former competitors at the second-largest. (Mon, 21 Jan 2008 07:19:58 GMT)

Real estate developer gets into incubation business
An area biotech real estate owner, lessor and developer is adding another word to its job description: incubator. (Mon, 21 Jan 2008 07:35:16 GMT)

PIK Group Signs Partnership Deal With GIC Real Estate
LONDON -(Dow Jones)- PIK Group and an affiliate of GIC Real Estate have entered into a partnership agreement to develop a large urban township in the city of Mytischi, located in the Moscow Region to the north-east of the capital. (Mon, 21 Jan 2008 08:11:53 GMT)

Harry Gross: Is this how to get rich in real estate?
Dear Harry: One day last week I saw a TV commercial from a man who said he has a Web site where he will give people information about houses that are available from HUD for a couple of hundred dollars. I went to the site and he was selling videodiscs about how to get rich in real estate starting with less than $1,000. Is this possible? Is it worth the $250 for the discs? (Mon, 21 Jan 2008 09:31:35 GMT)

GE May Bid for Spanish Real Estate Company Colonial (Update1)
Jan. 21 (Bloomberg) -- General Electric Co. is considering a bid for Inmobiliaria Colonial SA, the Spanish real estate company that's lost about 60 percent of its market value in six months. (Mon, 21 Jan 2008 11:44:19 GMT)

GE May Bid for Spanish Real Estate Company Colonial (Update1)
Jan. 21 (Bloomberg) -- General Electric Co. is considering a bid for Inmobiliaria Colonial SA, the Spanish real estate company that's lost about 60 percent of its market value in six months. (Mon, 21 Jan 2008 11:52:13 GMT)

Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Dec. 7. (Mon, 21 Jan 2008 11:55:08 GMT)

GIC Real Estate in S$336m deal to develop urban township in Moscow
SINGAPORE: GIC Real Estate is partnering with Russia's PIK Group to develop a large urban township in the city of Mytischi in Russia. The 114-hectare site is located in the Moscow region to the northeast of the capital. (Mon, 21 Jan 2008 13:26:41 GMT)

GIC Real Estate to pay $233 mln for stake in PIK project
MOSCOW. Jan 21 (Interfax) - GIC Real Estate - the development arm of the Government of Singapore Investment Corporation - will pay $233 million for a 25% interest in a project by Russia's PIK Group to build a major residential complex in Mytischy, just outside Moscow, according to a signed agreement, PIK said in a statement. (Mon, 21 Jan 2008 16:01:46 GMT)

Kenya: Country Loses Shs 100b in Real Estate Alone
The highest loss reports following unrest in Kenya has been noted in the real estate sector where a whooping Sh100 billion could have been lost. (Mon, 21 Jan 2008 16:04:18 GMT)

Eqarat.com launches Jordan operations into the booming real estate market
Eqarat.com, a leading total solutions provider to the real estate sector, has announced the launch of its operations in Jordan through an initial investment of AED 5.5 million for the infrastructure and set up of its operations, in a bid to tap into the country's burgeoning real estate sector, which is currently valued at JD4.03 billion (AED 20.9 million). (Mon, 21 Jan 2008 16:38:07 GMT)

Real Estate Bank appoints NBAD to offer financing options for premium residential project
Real Estate Bank, the government-owned entity specialised in facilitating real estate credit for establishments and government organisations in the UAE, has signed a partnership agreement with National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, to provide financing options for Al Maha Tower in Abu Dhabi. (Mon, 21 Jan 2008 16:39:27 GMT)

GE May Bid for Spanish Real Estate Company Colonial (Update4)
Jan. 21 (Bloomberg) -- General Electric Co. may bid for Inmobiliaria Colonial SA, the Spanish real estate company that's lost about 60 percent of its market value in six months. (Mon, 21 Jan 2008 17:13:59 GMT)

REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Mon, 21 Jan 2008 19:48:17 GMT)

REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Mon, 21 Jan 2008 19:50:29 GMT)

Beach-Riverdale's real estate market is through the roof
The real estate market just east of the Don River is booming. Figures from a Toronto Real Estate Board market watch report show that the E01 real estate district saw a 75 per cent increase in transa... (Mon, 21 Jan 2008 22:24:59 GMT)

Beach-Riverdale's real estate market is through the roof
The real estate market just east of the Don River is booming. Figures from a Toronto Real Estate Board market watch report show that the E01 real estate district saw a 75 per cent increase in transactions last month compared to December 2006. (Mon, 21 Jan 2008 22:25:02 GMT)

GE May Bid for Spanish Real Estate Company Colonial (Update5)
Jan. 21 (Bloomberg) -- General Electric Co. may bid for Inmobiliaria Colonial SA, the Spanish real estate company that's lost about 60 percent of its market value in six months. (Mon, 21 Jan 2008 23:52:13 GMT)

Darwinian times for the real estate market
Chuanghui Estate Broker Company, the Shenzhen-based real estate company that leads the country in terms of branch offices, closed branches in seven cities in the Pearl River Delta area early this month. (Tue, 22 Jan 2008 00:54:17 GMT)

22-01-2008: 6th quarterly distribution for ING Global Real Estate
KUALA LUMPUR: ING Funds Bhd (ING Funds) has declared another 0.5 sen income distribution for its ING Global Real Estate fund for the quarter ended December, 2007, the sixth quarterly income distribution. (Tue, 22 Jan 2008 05:04:18 GMT)

Real estate curbs choke expansion in China
After booming in recent years, China's real estate market is finally beginning to feel the pinch... (Tue, 22 Jan 2008 05:49:07 GMT)

Real estate funds shouldn't be dumped without good reason
Charles Jaffe -- Your Funds For investors who bought real estate funds over the last few years, their year-end statement has provided a jolt, and created a need for self-evaluation. (Tue, 22 Jan 2008 08:41:12 GMT)

(AFX UK Focus) 2008-01-22 09:55 GMT: Hypo Real Estate shareholder files suit against management - report
FRANKFURT (Thomson Financial) - A shareholder has filed a suit against Hypo Real Estate Holdings AG claiming management failed to inform the public over several months the company could face big write-downs on its US CDO portfolio, Frankfurter Allgemeine Zeitung reported citing the complaint. (Tue, 22 Jan 2008 10:24:14 GMT)

US recession to have less marked effect on Polish real-estate than onother developed markets
WARSAW. JANUARY 22. INTERFAX CENTRAL EUROPE - A recession in the United States will not affect the Polish real-estate market as negatively as it could hit other developed markets, such as those in the UK or Spain, Dorota Latkowska, head of Capital Markets and parner for international real estate agency Knight Frank, told Interfax Tuesday. (Tue, 22 Jan 2008 10:55:54 GMT)

Sector movers: Real estate stocks weigh
Real estate stocks are putting on good gains today as hopes of an interest rate cut gives investors an excuse to buy. (Tue, 22 Jan 2008 11:05:00 GMT)

A look at Chinese efforts to curb real estate sales
A summary of previous Chinese efforts to cool a hot real estate sector. (Tue, 22 Jan 2008 11:09:23 GMT)

Sector movers: Real estate stocks weigh
LONDON (SHARECAST) - Real estate stocks are putting on good gains today as hopes of an interest rate cut gives investors an excuse to buy. Hammerson is doing well, while property giant Land Securities said high levels of activity had resulted in a continued strong performance across all three of its divisions in the past three months. (Tue, 22 Jan 2008 11:19:38 GMT)

Brazilian Real Estate Co Global 4 Plans IPO On Bovespa
SAO PAULO -(Dow Jones)- Brazilian real-estate company Global 4 Empreendimentos Turisticos is planning an initial public offering on the Brazilian Stock Exchange, or Bovespa, the company said Tuesday in a filing with the Brazilian Securities Commission, or CVM. (Tue, 22 Jan 2008 11:23:30 GMT)

Maui real estate mixed bag in 2007
KAHULUI – Unlike a lot of places on the Mainland, Maui’s real estate market finished 2007 just about even. (Tue, 22 Jan 2008 11:51:43 GMT)

Real estate fund investors should weigh consequence of pulling out
For investors who bought real estate funds over the last few years, their year-end statement has provided a jolt and created a need for self-evaluation. (Tue, 22 Jan 2008 13:37:51 GMT)

U.S. commercial real estate remains solid
NEW YORK–The U.S. commercial real estate business remains solid, despite residential market woes and a souring economic outlook, according to a new report by accounting firm Deloitte & Touche. (Tue, 22 Jan 2008 15:38:45 GMT)

Real estate slowdown cools Lee earnings
Lee Enterprises reported lower earnings in the first quarter of its fiscal year, as real estate advertising plunged 19.8 percent due to the housing slump.The Davenport-based media company reported earnings per share of 48 cents for the fiscal quarter ended last month. Results were 17.2 percent lower than the 58 cents reported in the year-earlier quarter.Total advertising revenue fell 6.5 ... (Tue, 22 Jan 2008 16:06:08 GMT)

Dearborn Real Estate Education Helps Licensed Appraisers Meet 2008 Requirements with New Materials
Dearborn Real Estate Education (www.dearbornre.com) has a new line of 13 appraisal titles to help (Tue, 22 Jan 2008 16:47:15 GMT)

Dearborn Real Estate Education Helps Licensed Appraisers Meet 2008 Requirements with New Materials
Dearborn Real Estate Education (www.dearbornre.com) has a new line of 13 appraisal titles to help real estate schools implement curriculum to meet the new education requirements for Appraisal licensing. The new requirements, written by the Appraisal Qualifications Board (AQB), went into effect in all 50 states on January 1, 2008, and impact all levels of appraisal study. A maximum increase of ... (Tue, 22 Jan 2008 16:59:21 GMT)

Closing arguments delayed in real estate partner's killing
NEW 12:25 p.m. ROLLING MEADOWS -- Closing arguments were postponed Tuesday morning in the murder trial of Diana Thames, a Bloomington real estate agent accused of killing her business partner in 2005. (Tue, 22 Jan 2008 18:48:36 GMT)

Seyfarth Shaw Adds Team of Real Estate Lawyers in Washington, D. C.: Ronald S. Gart, Christa L. Dommers and Adam W. ...
Seyfarth Shaw LLP, one of America's leading full service law firms, today announced that a team of real estate attorneys headed by Ronald S. Gart joined the firm's Washington, DC office. In addition to Gart, the team includes partners Christa L. Dommers and Adam W. Walsh, and Peter W. Segal joins Seyfarth Shaw as Of Counsel. The group of attorneys had been partners at Powell Goldstein, and they ... (Tue, 22 Jan 2008 21:00:38 GMT)

Lawsuit against real estate agent to start
A California home buyer who says she paid too much for her home sued her real estate agent, claiming the agent hid information to collect a larger commission. (Tue, 22 Jan 2008 22:49:35 GMT)

Developers unfazed by diving real estate share prices in TA
In an era of falling interest rates, cheap credit, high liquidity and euphoria, real estate prices generally shoot up. But everything has been turned topsy-turvy in recent months, and something more tangible has been added to the equation: fear. (Wed, 23 Jan 2008 00:31:02 GMT)

Real Estate
Being a real estate agent includes a lot more than selling houses. Eric Miller, who will be installed as the 2008 president of the Greater Chapel Hill Association of Realtors at the annual banquet on Jan. 25, has learned that and a lot more during his six years as an agent. (Wed, 23 Jan 2008 00:55:59 GMT)

Maui real estate ended on even note last year
KAHULUI, Maui — Unlike a lot of places on the Mainland, Maui's real estate market finished 2007 just about even, The Maui News reported. Average condominium prices rose 4 percent to $817,000, while average single-family home prices fell 1 percent to $921,000. (Wed, 23 Jan 2008 02:02:02 GMT)

Transparent solutions required to solve real estate price woes
VietNamNet Bridge – Real estate market prices have begun to soar beyond realistic values. Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times) spoke with experts about solutions to the problem. (Wed, 23 Jan 2008 03:42:26 GMT)

Phoenix Mills to merge Ruia Real Estate with itself
MUMBAI, Jan 23 - Real estate firm Phoenix Mills Ltd said on Wednesday its board has approved the merger of Ruia Real Estate Development Co with itself. (Wed, 23 Jan 2008 03:53:45 GMT)

Suspect admits kidnapping, beating and robbing local real estate agent
THOMASVILLE — A man charged with the kidnapping, beating and armed robbery of a Thomasville real estate agent has admitted the acts. Jaime Diaz, 44, is in jail in Slidell, La. It is unlikely he will be prosecuted here any time soon. He also faces charges in Louisiana, Texas and Florida. (Wed, 23 Jan 2008 03:56:39 GMT)

Flory: Real estate different role for doc
When a doctor needs someone to take quick action, it's as simple as barking "STAT!" - at least on TV. Bob Overholt is a doctor and he's a fixture on local television, but he's living proof that the world of real estate investing isn't quite like the world of medicine. (Wed, 23 Jan 2008 05:13:51 GMT)

Tax relief may be available to homeowners impacted by real estate market
SAN DIEGO - Temporary property tax relief may be available to San Diego County homeowners impacted by the declining real estate market, county Assessor Gregory J. Smith said today. (Wed, 23 Jan 2008 05:14:51 GMT)

Real estate firm to buy remainder of property
LIBERTY — On the day that Wal-Mart Corp. began the demolition of buildings it purchased at Liberty Plaza, township officials announced that Ballymoney Real Estate Services Inc. is buying the remainder of the plaza’s property. (Wed, 23 Jan 2008 05:32:45 GMT)

Ron Barnard's real estate businesses are growing as others are closing
In the midst of a housing market collapse that is putting other mortgage and real estate companies out of business, Ronald Barnard, the founder and chief executive of Norco-based Home Center, is hiring. (Wed, 23 Jan 2008 06:12:01 GMT)

Big house for real-estate scam artist
A would-be Brooklyn money honey is facing six months in jail after pleading guilty Tuesday to a $1.6 million real-estate scam. (Wed, 23 Jan 2008 09:41:30 GMT)

Real Estate Hiring Outlook Mixed
The 2008 job outlook for real estate professionals (commercial at least) remains positive, according to a new survey conducted by FPL Advisory Group, an industry strategic recruitment and advisory firm. On the residential side - forget about it. "Given... (Wed, 23 Jan 2008 10:43:56 GMT)

ICICI Group unveils IOPM Infrastructure and Real Estate Fund
ICICI Group Global Private Clients division unveiled the 'IOPM Infrastructure and Real Estate Fund', a first of its kind offshore close-ended thematic fund that will focus on India's infrastructure and real estate sectors. (Wed, 23 Jan 2008 11:55:19 GMT)

Roost, a New Real Estate Search Engine, Launches
SILICON VALLEY — The days of the real estate boom are over, but nobody sent the memo to Internet companies. (Wed, 23 Jan 2008 12:19:38 GMT)

Roost Hatches Next Generation Real Estate Platform
Roost, an innovative platform for real estate search, launched today in public beta. Roost partners with Multiple Listing Services (MLSs) to help local real estate brokers and agents attract high-quality consumer traffic directly to their Web sites via an intuitive search tool. Roost offers consumers an advanced, highly visual search experience, complete with comprehensive property listings, to ... (Wed, 23 Jan 2008 12:26:15 GMT)

UBS sees real estate stocks benefiting from Fed rate cuts
Real estate stocks have corrected hard after outperforming the market for seven consecutive years heading into 2007, but a more aggressive Federal Reserve on interest-rate cuts could put some shine back into the shares, according to UBS. (Wed, 23 Jan 2008 15:01:50 GMT)

Roost Enters Real Estate Search
This doesn't seem like the ideal time for a real estate search engine to launch; individuals are probably afraid to get into the home-buying market, and lenders are probably afraid to let them.  Still, a new contender has arrived, and Roost is pretty impressive. read more (Wed, 23 Jan 2008 15:52:19 GMT)

Real Estate Weekly: Downtown office buildings for sale
Several key downtown Milwaukee office buildings are on the sales block. Read more in the new edition of the BizTimes Real Estate Weekly bulletin. (Wed, 23 Jan 2008 17:41:29 GMT)

Seyfarth Shaw beefs up D.C. real estate practice
Law firm Seyfarth Shaw LLP said Wednesday it hired a team of real estate attorneys from Powell Goldstein to join its D.C. office. (Wed, 23 Jan 2008 18:48:33 GMT)

Canadian residential real estate market safe as houses: realtor association
OTTAWA - Canada's resale housing market will remain at or near record levels this year, the Canadian Real Estate Association predicted Wednesday. (Wed, 23 Jan 2008 21:02:16 GMT)

Premier Real Estate Auctions, Inc. and Sunset Club Properties, LLC Have Teamed up to Market 7 Income-Producing ...
MARCO ISLAND, Fla.----Premier Real Estate Auctions, Inc. and Sunset Club Properties, LLC have teamed up to market 7 income-producing apartment complexes in the Ft. Myers area. Premier has set a date of February 22, 2008 to present these properties at a public auction. (Wed, 23 Jan 2008 21:15:00 GMT)

Long Beach Duo Empowers Women Through Real Estate
Long Beach resident Melissa Ward says that too many single women are afraid to invest in real estate. (Thu, 24 Jan 2008 00:06:13 GMT)

Singapore, Israeli Firms Eye Vietnam's Real Estate Market
Singapore's Pacific Star Group and Israel's Alony Hetz have signed an agreement to set up a fund investing in Vietnamese real estate. (Thu, 24 Jan 2008 02:12:03 GMT)

SINGAPORE, ISRAELI FIRMS EYE VIETNAM'S REAL ESTATE MARKET
Vietnam   Singapore's Pacific Star Group and Israel's Alony Hetz have signed an agreement to set up a fund investing in Vietnamese real estate. (Thu, 24 Jan 2008 02:12:03 GMT)

No slump in online real estate
Investors are lining up at DomainFest this week in L.A. to bid on website domain names, which can attract millions of visitors and generate big sums of advertising dollars. The real estate investors packing the Renaissance Hollywood Hotel in Los Angeles this week don't have to worry about interest rates, exploding mortgages and foreclosures. The addresses they buy and sell are on the ... (Thu, 24 Jan 2008 02:58:54 GMT)

Arlington real estate values fluctuate by neighborhood
Real estate assessments for Arlington County's single-family homes dropped an average of 1.25 percent for 2008, officials said last week, but numbers show the county's real estate picture is all about location. (Thu, 24 Jan 2008 03:14:46 GMT)

Tax relief may be available to homeowners impacted by real estate market
SAN DIEGO - Temporary property tax relief may be available to San Diego County homeowners impacted by the declining real estate market, county Assessor Gregory J. Smith said today. (Thu, 24 Jan 2008 04:00:02 GMT)

Heady Real Estate Days Are Behind Us
There is fear in the eyes of investors, lenders, leasing brokers, owners, and virtually everyone involved in commercial real estate. Some industry leaders worry that the heady days of megadeals are behind us. Others see great opportunities for buyers in 2008 because the credit crisis and a turbulent Wall Street could depress prices. Almost everyone agrees that the volume of sales will be way ... (Thu, 24 Jan 2008 04:44:18 GMT)

24-01-2008: Malaysian developers attracted to Singapore real estate
KUALA LUMPUR: Malaysian property developers are scrambling for a slice of the Singaporean real estate pie to maximise global exposure albeit near home, when geographical diversification is deemed crucial for home-grown firms to sustain long-term earnings. (Thu, 24 Jan 2008 07:51:43 GMT)

Japanese Market Closes Higher, Led By Real Estate And Financial Stocks
(RTTNews) - Tokyo shares rose for the second consecutive session Thursday on solid gains in regional markets and buying in real estate, financial and steel stocks. (Thu, 24 Jan 2008 08:38:36 GMT)

Russian real estate developer forms strategic alliance
RBC, 24.01.2008, Moscow 11:17:01. The Otkritie-Real Estate Company, an affiliate of Otkritie Financial Corporation, is poised to sign a strategic partnership agreement with the Austrian developer Strabag today, the Russian developer told RBC Daily. (Thu, 24 Jan 2008 09:03:18 GMT)

Shalimar Paints to hive off real estate division
MUMBAI, Jan 24 - Shalimar Paints Ltd said on Thursday its board had approved hiving off its real estate division into a separate firm. (Thu, 24 Jan 2008 09:24:54 GMT)

• Options That Can Best Help You Sell Your Home in Tampa Real Estate
If you want to sell your house in Tampa real estate, there are options that you need to think about and use. In order to gain great deal, you should not rush things out, it is best to search for options. (Thu, 24 Jan 2008 11:15:23 GMT)

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