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REITs Go Begging
Banks aren't about to start lending to real estate companies. Expect more stock sales and bond offerings.
Forbes

REP seeks international account manager
As Account Manager, you will be the expert business partner for the international real estate market. You will be responsible for further developing relationships with existing clients, as well as seeking out prospective new clients. Regular travel to international exhibitions will be a part of your role. Requirements As the ideal candidate, you: Are able to work on a Bachelor's (HBO) level Have excellent communications skills Are a self-starter and networker with an interest in the rea
Europe RE

Real estate pros urged to use `digital tools`
Blogging, tweeting can help connect with clients.
AZ Central

RCMP probes allegations against Shire International
The RCMP are investigating allegations against Calgary-based Shire International real estate Investment Ltd.
CBC

UPDATE 1-FDIC`s Bair says commercial loans `looming problem` - Reuters
WASHINGTON, Sept 1 (Reuters) - The chairman of the Federal Deposit Insurance Corp said commercial real estate issues will increasingly drive U.S. bank failures.
Big News Network

The new New Orleans
Signs of life in post-Katrina real estate marketread more
InMan

Luxury Real Estate Vultures.
Fortune; 09/14/2009 This article discusses the real estate market for luxury estates that are financially distressed. George Graham, former hedge fund manager, has teamed up with a real estate auction company that works with Sotheby's International Realty to auction off luxury homes. Graham's company is trying to increase its business with banks looking for a way to unload costly foreclosed properties which it can't sell. The auctions usually result in discounted prices, but they return some money to the banks. (AN 44001827) MasterFILE Premier
EBSCO

Helical Bar sells Rex House to Crown Estate for £34 million (UK)
Helical Bar plc (“Helical” or the “Company”) has sold its short leasehold interest in Rex House, 4 – 12 Regent Street, London SW1 to the freeholders, The Crown Estate, for a cash consideration of £34 million (approx. €38.8 mln.). Rex House provides approximately 91,000 ft² (8,400 m²) of office accommodation fully let to Russell Systems, Robert Half, Right Management and LA Leisure.
Europe RE

Abu Dhabi bellwethers rebound
The Abu Dhabi exchange ADX closed 1.02% higher at 2,888.15 points. After posting heavy losses yesterday, real estate bellwether Aldar (closing at Dhs4.90) Properties and energy giant Taqa (at dhs1.60) regained value, adding 3.20% and 0.63% respectively. National Bank of Umm Al-Qaiwain hit the bottom of the charts, plummeting 8.71% (at Dhs3.02). The ADX General Index added 0.2% during the second week of the Holy Ramadan.
Market Watch

Abu Dhabi property prices to rise before Dubai
According to a report by JPMorgan Chase, real estate prices in Abu Dhabi will recover before those in Dubai because of a shortage in housing and office space. The report said that while large scale Dubai projects hang in the balance, Abu Dhabi?s real estate, infrastructure and commercial project pipeline remains nearly intact. Residential prices in Abu Dhabi will stabilise in the ?near to medium? term and rents for commercial space have stabilised over the last two months. Dubai residential prices are projected to stabilise in 2010 following a forecast 54% decline in prices this year. The housing shortfall in Abu Dhabi will probably shrink to 28,000 units by the end of 2009, from 32,400 last year, because of a ?sharp increase in Abu Dhabi?s population over the last couple of years and limited supply,? according to the report. (Mac Capital Advisors)
AME

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