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Crye-Leike opens Oklahoma office
Nashville's largest real estate firm, Crye-Leike Realtors, has expanded into Oklahoma.
Biz Journal

Parsvnath to raise Rs 600 cr by selling stake in realty projects
Parsvnath Developers, a Delhi-based real estate company, is in talks with various private equity funds to raise around Rs 600 crore by the end of 2009-10 by selling stakes in its projects, a key official has said.
Business Standard

Dubai real estate projects `lost touch with reality`
Some of the projects touted in the Dubai property market during the boom years showed that the developers behind the schemes had 'lost touch with reality, and clearly lost touch with the cost and value aspect of the development', Donald Trump Junior told delegates at the Cityscape conference this morning.
AME

Cityscape Dubai opens with key regional developers attending
Despite the contraction in the regional real estate market Cityscape Dubai opens its doors with developers, from across the region and beyond, focused on completion and delivery of their projects. Phil Blizzard provides a who's who of exhibitors and assess the mood on day one.
AME

Stocks in focus for Tuesday
REIT stocks' run done? REITS have doubled since March despite persistent warnings that commercial real estate could be the next shoe to drop iafter the housing bust.
Big News Network

Dubai`s Rera to release house price index
Mahmoud El Burai, Director, Development at Dubai's real estate Regulatory Authority (Rera) has confirmed that the regulating body is to issue a price index that focuses on the value of properties across the emirate.
AME

Futures Trading - How Fortunes Are Made
If there ever was one business that has made a lot of people a lot of money it is futures trading. Unlike other forms of business and trading such as real estate, stocks, brick-and-mortar etc., where you have to wait years to see any substantial returns, futures market is immediate. Better still, you can start from your kitchen table.
E-Zine

mature markets now compete with emerging markets
Oct 5, 2009 - 10:12 - WAM DUBAI, Oct. 5th, 2009: Corrections in real estate prices specifically in the more mature western markets are attracting would-be investors at the expense of many emerging mar...
Big News Network

61% dissatisfied with UAE property agents
A new report has found that 61% of consumers who bought property in the last two years in Dubai are unhappy with the performance of real estate agents who brokered their purchases. The study, conducted by Harbor real estate, interviewed 178 property owners over a four month period. Participants evaluated property brokers according to knowledge and skills, ethics and behavior, consultative ability, and empathy. Of those interviewed, 61% of respondents rated their brokers as either poor or very poor.
AME

Property professionals earn $10,340 a month in Mideast
The average base salary of real estate professionals across the Middle East is $10,340 (Dhs38,040) per month, according to a survey released at Cityscape today by Macdonald & Company, a property recruitment specialist. The new monthly salary exceeds 2007 numbers by 7.2%, but reflects a 3.7% drop from last year. Further findings from the survey revealed that only 21% of respondents received an increase in base salary this year - significantly down from 71% the previous year. Moreover, 19% of the respondents have received a salary reduction (versus 1% last year), while 37% experienced no change in salary (versus 35% last year), the survey found.
AME

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