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real estate News Archive 25-May-2008

Real estate center established in Kuwait (Zawya)KUWAIT, May 24 (KUNA) -- Al-Sanousi Real Estate Center Company, the first center specialized in the management of the real estate market in Kuwait and abroad, has been established as a broker for the sale and purchase of property for commercial and investment purposes, as well as blocks and large residential land plots.

Ras Al Khaimah Real Estate and Investment Show opens (Khaleej Times)RAS AL KHAIMAH ? Shaikh Ahmed bin Saqr Al Qasimi, Chairman of Ras Al Khaimah Customs and Ports Department, inaugurated the second Ras Al Khaimah Real Estate & Investment Show (RAK REIS) at the Ras Al Khaimah Exhibition Centre yesterday.

DOF backs bill on regulatory framework for real estate investment firms (Philippine Star via Yahoo! Philippines News)The Department of Finance (DOF) is backing a bill that seeks to provide the regulatory framework for real estate investment companies but expressed some reservations on some provisions of the proposed measure.

VCFs, FVCIs line up for real estate sector (FE via Yahoo! India News)The real estate sector has hogged the limelight among preferred investment avenues for a host of venture capital funds (VCFs) and foreign venture capital investors (FVCI) during the last fiscal.

Real estate agents can share burden in housing downturn (The Tennessean)I had my home priced under the market price and recently took it away from the brokers so I could lower the price even more. Why? Well, I have a beautiful, wonderfully priced home and did not get any offers. In this period of downturn in the real estate market, each week we are told, "Price your house under the market value or pull it off the market."

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