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FREDERICTON, Sept. 16 /CNW/ - Plazacorp Retail Properties Ltd. (PLZ:TSX Venture) announced today that it has sold a 50% interest in Tacoma Centre located in Dartmouth Nova Scotia to Kimco Realty Corporation.

Calgary home prices drop 8% in August to match national trend of declining real estate value
Calgary home prices continued dropping in August as the city reported the steepest decline in MLS sale prices for residences of any major city in Canada.

False pay promised, say estate agents
Unscrupulous real estate companies are hiring hundreds of salespeople with the promise of high pay cheques, but no minimum wage, industry insiders say.

Arab real estate markets at risk
Real estate growth in Arab countries may be affected by the decline in global markets and the credit crunch, an official at the Arab Administrative Development Organization (ARADO) said.

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Business Beat by Thien Ly The draft of a Ministry of Construction decree making it easier for Viet Kieu (overseas Vietnamese) to own homes in the country is a new source of optimism in the nation’s real estate sector.

Shopoff Set To Start Buying Land
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Developers Diversified Realty Declares Third Quarter 2008 Class H and Class I Preferred Share Dividends
– Developers Diversified Realty (DDR - News), the nation’s leading owner, developer and manager of market-dominant shopping centers, declared its third quarter 2008 Preferred Class H stock dividend of $0.460938 per depositary share and Preferred

Whitehall Jewelers Appoints DJM Realty to Dispose of Remaining 355 Retail Store Leases
MELVILLE, N.Y., Sept. 15 /PRNewswire/ — Whitehall Jewelers Holdings, Inc. has selected DJM Realty, a Gordon Brothers Group Company, to exclusively manage the national disposition of all remaining retail store leases in the United States.

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Ambuja Realty plans to open six hotels
Ambuja Realty, a leading realty firm announced its plans to setup six boutique hotels in over the next two years in West Bengal over different tourist locations reports Business Standard.

Real Estate Close-Up: Chicago
The outlook for Chicago’s office and retail markets may get hazy on the horizon, but, so far, the future of the city’s newest landmark, the world’s largest residential tower, appears crystal clear.

JP Morgan Cuts CMBS Group
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Offer of cash for a share in future equity growth carries risks for homeowners
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Sahara group firm exits NBFC business, to enter real estate
Subrata Roy-promoted Sahara India Investment Corporation (SIICL) has exited the non-banking financial business and would enter the real estate space.

iCap Realty Advisors arranged sale and financing
Harout Ghazarian and Zeev Douek, directors at iCap Realty Advisors of NY have arranged both the sale and financing for the Hart St. Medical Center. Ghazarian and Douek advised the seller and purchaser, respectively.

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PM, By Matt Hudgins Certifying a swath of retail stores, a hotel chain or even a portfolio of existing office or industrial buildings under the U.S. Green Building Council’s Leadership in Energy and al Design (LEED) program just got a little easier. Read More…

MUMBAI: Enam Securities said there is more pain in store for the country’s real estate sector in the next 6-12 months, but the long-term outlook is still positive. Read More…

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Anyone who saw how lousy the Redskins looked in their last couple of preseason games knows the chances of getting your commission back through this real estate sales gimmick aren’t great. Read More…

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Washington, Sep 2 (Prensa Latina) The real estate crisis in the United States that is mostly affecting the subprime mortgage sector is extending to other financial market sectors, Wall Street experts said on Tuesday.

Texas Realty Prices Double in a Decade, According to David Lewis, Founder of Lewis Realty Advisors
HOUSTON - (Business Wire) The last 10 years have been a decade of growth and significant realty value increases in Texas with many properties more than doubling in value, according to Lewis Realty Advisors, one of the oldest and most respected

(Click to Enlarge) This fall, Duke Realty Corp. will begin construction of GE Aviations new 403,800-square-foo
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Strong rally in real estate lifts indices
Tel Aviv stocks gained ground yesterday, driven north by a rally in the real estate sector.

ERA Real Estate Network Contributes $1.1 Million to Fight Muscular Dystrophy
PARSIPPANY, N.J. - (Business Wire) Representatives from ERA Franchise Systems LLC, based in Parsippany, N.J., presented checks totaling $1.1 million to the Muscular Dystrophy Association during its 43rd annual Jerry Lewis MDA Labor Day Telethon, Aug.

Oriole Homes falls victim to real estate downturn (Update)
Oriole Home Corp., a 45-year-old Boca Raton-based real estate developer, has filed an assignment for the benefit of creditors in Palm Beach County and plans to liquidate its assets, according to Phil von Kahle, managing director of Michael Moecker &

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Digital Realty Trust Signs Exclusive Agreement With Foster Fuels to Provide Emergency Fuel to Datacenter Custo
SAN FRANCISCO, Sept. 2 /PRNewswire-FirstCall/ — Digital Realty Trust, Inc.

Buffett’s real estate brokerage still making money
(NEW YORK) Ron Peltier runs HomeServices of America, the second-largest US real estate brokerage, and unlike No 1 NRT, his company is making money in the worst

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The data center construction boom continues as Dallas-based Stream Realty Partners, L.P. has commenced construction on its second Data Center building on a 33-acre site in Westover Hills, San Antonio, Texas. Continue Reading…

Are you having problems with your Sarasota home acquisition project? Then you might want to consider hiring a realtor to help you out. This is the perfect option for homebuyers who are still inexperienced in the real estate market. Continue Reading…

KUWAIT: Injazzat Real Estate Development Co KSCC (Injazzat) is a Kuwait-based real estate development company and operates in different real estate segments including commercial, residential, hotels and entertainment. Continue Reading…