Archive for June, 2008

First Dubai Real Estate to raise $294m (AME Info)

First Dubai Real Estate Development, a unit of the Kuwaiti property investment company Al Mazaya Holding Co, is seeking to raise as much as 77.9 million dinars ($294.2m) by selling stock to existing stockholders, reported Bloomberg.
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Lyerly joins RE/MAX Reno as real estate professional (Reno Gazette-Journal)

Tony Lyerly, a real estate professional with more than 18 years of experience, has joined RE/MAX Realty Affiliates’ Reno office.
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Texas’ commercial real estate market holding steady (BizJournals)

Despite the downturn in the national economy, Texas’ real estate market remains resilient as major metropolitan areas continues to post gains in employment and population.
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Valley real estate slows (Vail Daily)

VAIL, Colorado — In May, Eagle County real estate saw its second-slowest month since 1996. There were 107 transactions for the month, according to an analysis released Monday by Land Title Guarantee Company in Eagle. That compares to 266 transactions in May of last year.
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Orix boosts real estate arm (Financial Times)

Orix , the Japanese financial services group, is set to strengthen its domestic real estate operations by tripling its investments to about Y300bn ($2.8bn) this year, capitalising on the country’s softening real estate market.
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Select a sub-category within Real Estate (Iowa Farmer)

Found 9 ads in Real Estate These ads were published on 2008-06-30. 1031FEC PAY NO TAX when selling-exchange real estate, equip, lvstk. Free Brochure/ Consultation. 800-333-0801 View exchange properties at www.1031FEC.com
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Texas’ commercial real estate market holding steady, report says (BizJournals)

Despite the downturn in the national economy, Texas’ real estate market remains resilient as major metropolitan areas continues to post gains in employment and population.
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Real Estate close to bottom? (12 News Phoenix)

Are there signs the real estate market has hit its lowest point? Some industry watchers say yes… others, like Bob Bemis, CEO of the Arizona Multiple Listing Service says it could be the bottom, but it’s hard to say for sure.
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Al Basel Real Estate Brokers wins ‘Best Start-Up Company’ award at Arabian Property ME Awards (AME Info)

Al Basel Real Estate Brokers, a leading property sales intermediary, has been awarded the ‘Best Start-Up Company in the UAE’ at the inaugural Arabian Property Middle East Awards - organised recently by ITP Publishing Group - at the Madinat Jumeirah.
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Austrian Developers Acquire Constantia’s Real Estate Unit (New York Times)

Immofinanz and Immoeast will acquire Constantia Privatbank ’s real-estate unit for $695 million, Bloomberg reported.
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