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Terror suspect`s father claims racism
. Student was held in terror raid 'because of his faith' . Property searches scaled back as another man freedThe father of a Pakistani computer science student detained under anti-terrorism laws has come forward to defend his son, calling him victim of anti-Muslim discrimination.'This is all about his prayers and his beard. I am his father and I know him. He is not involved in any mysterious plot,' the man, whose son was one of 11 Pakistani students picked up in raids across the north-western England last week, told the Guardian in an interview in Pakistan.Meanwhile, one of the 12 men arrested in the raids was released by police but handed over to the UK Border Agency as a probable preliminary step to deportation. Searches of properties in Manchester and Liverpool were scaled down yesterday, as police were given a further seven days by magistrates to continue questioning the other men detained. They are understood to range in age from 22 to 41 and to be in the UK on student visas.But t
Guardian

Surge in middle-class homeowners seeking help
The collapse in the housing market and the economic slowdown is increasingly taking its toll on middle-class homeowners, a company that specialises in buying properties from cash-strapped sellers said...
Big News Network

With the right strategy, retailers can profit from property
Property occupancy costs account for a significant part of a retailer's turnover. For most, they comprise the second or third biggest cost after staff. There is more pressure today than ever to s...
BBC

Twitter Weekly Updates for 2009-04-12
Austrian real estate under the spotlight - Financial Times http://tinyurl.com/cavlk7 #DFM Posts Best Finish in Three Months - Khaleej Times http://tinyurl.com/cgukym #Dubai rallies to three month high - The National http://tinyurl.com/dk5u3u #Austrian real estate under the spotlight - Financial Times http://tinyurl.com/d546jm #Tech mutual funds performing well as niche firms defy market fall - The Star-Ledger [...]This Post is from: Overseas Property Mall, part of Fuzz One Media GroupTwitter Weekly Updates for 2009-04-12
Oversees Property

ABIP eyes scheme
AUSTRALIAN Business Investment Partnership interim chief executive Ahmed Fahour will put his case tomorrow for implementation of the federal Government's $30 billion commercial property scheme.
The Australian

Complex from 1940s set to be demolished - Houston Chronicle
A historic Inner Loop apartment complex, once slated for a high-rise redevelopment, was shut down last week after city officials ordered residents to vacate the property.
Big News Network

HSBC seeks $4 bln from property sales -paper
LONDON, April 12 (Reuters) - Europe's largest bank HSBCHoldings is looking to sell three of its biggest officebuildings to raise 2.7 billion pounds ($3.98 billion), theSunday Telegraph reported without citing sources.HSBC plans to sell and lease back the buildings, whichinlude its London headquarters in the financial district ofCanary Wharf, its French base in Paris and some New Yorkoffices, the paper said.
Reuters

Emaar to appeal Saudi ruling
Emaar Properties said it intends to appeal a Saudi ruling reversing an earlier judgment in its favour in a lawsuit that had sought $1.2bn in compensation, Reuters has reported. The new ruling, at the Board of Grievances headquarters in Riyadh, ordered Emaar to give plaintiff Jadawel 18.61 million Emaar shares adjusted for share splits and including dividends paid since the lawsuit was filed in 2003. ?It is not clear yet how the whole arbitration process, which has taken over two years and ended with an award in favour of Emaar, was dismissed and its award reversed,? an Emaar spokesman said in a statement.
AME

Kuwait property sales up in February
The National Bank of Kuwait has reported that real estate sales saw a significant jump in February following a sharp drop the previous month. With a total of 326 registered transactions at a value of KD101.2m, this represents 11% increase in transaction and 28.6% in total value from January. According to data from Kuwait's central bank, real estate bank lending jumped KD186.7m, a huge monthly increase that followed two declines.
AME

Emaar to appeal after Saudi reverses compensation ruling
SAUDI ARABIA. Emaar Properties said it would appeal a Saudi ruling reversing an earlier judgment in its favour in a dispute with Jadawel International that had sought US$1.2 billion in compensation
Business Intelligence Middle East

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