Archive for March, 2008

ACI Real Estate in strategic tie-up with Al Odaid (MENAFN)

ACI Real Estate in strategic tie-up with Al Odaid
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National Real Estate profit up 14% (AME Info)

Kuwait-based National Real Estate Co. has announced that its profit rose 14% in 2007, reported Bloomberg. The company’s full year net income advanced to 39 million dinars ($146.9m) or 55.22 fils a share from 34.3 million dinars or 49.20 fils a share in 2006.
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Real-estate speculator to appeal Fayette citation (Pittsburgh Tribune-Review)

Allegheny County real-estate speculator Ernest Liggett has filed notice of his intent to appeal to Superior Court a $1,157 judgment entered against him for a building code violation on a structure he owns in Brownsville.
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ACI Real Estate in strategic tie-up with Al Odaid (Khaleej Times)

DUBAI — ACI Real Estate, an affiliate of Alternative Capital Invest GMBH of Germany, has signed a strategic partnership with Abu Dhabi-based Al Odaid Real Estate.
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A Sea Change for Real Estate Agents (NPR)

Real estate agents — average age 51, with the majority female — are facing career decisions in the current housing crisis. Three agents are profiled: One veteran is trying to ride out the slump, while two others are looking for new jobs now that the boom has gone bust.
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FTI Buys Real Estate Advisory Firm (AP via Yahoo! Finance)

Business advisory firm FTI Consulting Inc. said Monday it has agreed to buy Schonbraun McCann Group, a privately held real estate consulting firm, in a cash and stock deal valued at $125 million.
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Local Firms Win Prizes at Real Estate Awards (St. Petersburg Times)

St. Petersburg developers, consultants, architects and engineering companies were honored Friday in Smolny Cathedral at the Commercial Real Estate Awards. It was the first time the event has been held in the city.
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Maui real estate agent hit on tax charges (BizJournals)

A Maui real estate agent has been indicted by a grand jury on multiple tax violations.
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NDP skeptical about TransLink’s real estate plans (Kelowna Capital News)

Bruce Ralston, NDP MLA for Surrey-Whalley. TransLink is making a bet on Metro Vancouver’s hot real estate market with the hope of raising $1.5 billion over the next 10 years.
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Implementation of real estate MoUs begins (Central Chronicle)

Bhopal, Mar 31: Implementation of the Memoranda of Understanding (MoUs) signed for different projects in the field of real estate has already begun in the state. These involve capital investment of Rs 10,500 crore.
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