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UAE- Real estate prices likely to come down next year (MENAFN - Khaleej Times) From next year the value of property market in Dubai will start falling back to its 2007 level and may arrest the rising prices of commercial and residential units, according to Moafaq Al Gaddah Group of Companies (MAG REITs Bruised by Credit Crisis Real-estate shares fell victim to economic and credit concerns in the second quarter, registering bigger declines than the broader S&P 500. Fortis Real Estate acquires sole control of Devimo Group - report BRUSSELS (Thomson Financial) - Fortis Real Estate has acquired sole control of Belgian shopping centre group Devimo, La Libre Belgique reported, citing retail newsletter Negocio. Fortis Real Estate, which previously had a 32.5 percent stake in the group, Hypo Real Estate, Depfa entities downgraded - S&P MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services lowered its long- and short-term counterparty credit ratings on three members of the Germany-based Hypo Real Estate group (HRE) by one notch, following a review of HRE's profitability REAL ESTATE Carlyle Group, the world's second-largest private-equity firm, and Crown Acquisitions paid $525 million for a controlling stake in the retail portion of 666 Fifth Ave. in New York, the largest retail deal in the city this year. The 90,000-square-foot International Real Estate Federation Supports GHF Plan to Expand Micro Mortgage Initiative Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=791360 Real Estate Agent Training Online Summer School Professionals Now Have an Opportunity to Improve their Career and Skills Many agents are seeing their 2008 production sink like the rest of the real estate and overall business markets. Now they don?t have to let the tough market drive them down or Real Estate Roundup: West Linn developer buys Willamette Christian church site Willamette Christian Church of West Linn has sold a portion of its property to a local developer.The $3.05 million sale involves 2.67 acres of prime retail land as well as three single family homes and a 12,000-square-foot administrative structure. The |
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