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real estate News Archive 20-Jul-2009
Helical upbeat over real estate opportunities (Financial Times)Helical Bar , the property developer, said it was well placed to take advantage of opportunities in the distressed real estate market in spite of having to wipe a fifth off its net asset value over the past year.
Govt may buy bad real estate loans (The Peninsula)DOHA: Qatari banks have been asked to provide details of their bad or doubtful real estate loans to the regulator, the Qatar Central Bank (QCB), which has been entrusted with disbursing the state?s real estate package worth QR15bn among them.
Jailed Real Estate Developer Indicted in Mortgage Fraud (NBC New York)A Long Island real estate developer already convicted of laundering bribes to a former congressman was indicted along with eight others in a $90 million mortgage fraud scheme, federal prosecutors said...
Gambling addicted real estate agent sentenced (NZPA via Yahoo!Xtra News)A Wellington real estate agent who stole $66,000 from a body corporate he administered to fund his gambling addiction has narrowly escaped a prison sentence.
Move to buy bad real estate loans of banks a positive step: Experts (The Peninsula)DOHA: The government?s move to buy bad real estate loans of Qatari banks is a positive step, but its management must be entrusted with a professional management company experienced in handling real estate financing or things could worsen, bankers and real estate experts have warned.
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