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Breaking News Thu, 7 Aug 2008
Egypt - Real Estate - Property - Projects
(photo: WN / Hend Fawzi )
Real estate fund launched in Oman
The Times of India
|                 DUBAI: An India-centric real estate fund by Cordea Nichani, a joint venture between British property fund manager Cordea Savills and India's Nichani Holdings, has been launched in Oman to tap into the Gulf nation's market. | "The fund ha...
Real estate fund launched in Oman
The Times of India
|                 DUBAI: An India-centric real estate fund by Cordea Nichani, a joint venture between British property fund manager Cordea Savills and India's Nichani Holdings, has been launched in Oman to...
HDFC Property to buy into Nitesh Mall
The Times of India
|                 BANGALORE: HDFC Property Ventures is investing $20-25 million into South India's largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably m...
Lehman in talks to sell mortgage assets -reports
The Boston Globe
| NEW YORK (Reuters) - <LEH.N> is in talks with prospective buyers, including BlackRock Inc, to sell mortgage assets and other hard-to-value securities, according to reports on Friday. | The reports lifted Lehman's shares by 7.55 percent to | $...
Six hotel projects shelved as small realty cos give up
The Times of India
|                 NEW DELHI: A buoyant real estate market last year saw several realty firms foray into the hospitality sector. But with slowdown hitting real estate and choking cashflow, several small rea...
Realty slump spells boom time for foreign investors
The Times of India
|                 NEW DELHI : Country’s real estate sector might be witnessing ebbs but the downturn is only making things attractive for foreign investors. The slowdown, in fact, has set in more realist...
PROPERTY ENHANCEMENTS Renovation projects that keep on giving
Globe and Mail
| It's a perennial question what upgrades have the biggest payback? ...Read the full article Post the first comment Start the Conversation, Leave a Comment | This conversation is semi-moderated What is moderation? | How do I report a comment? | You m...
Freddie Mac debt sale tepid as housing bill nears
The Boston Globe
| NEW YORK (Reuters) - Demand for debt sold by mortgage finance company weakened on Monday while a prominent analyst estimated Freddie and , the largest U.S. home funding sources, each need to raise up to $15 billion in fresh capital. | But in Washin...
Freddie Mac mulling $10 bln share offer: report
The Boston Globe
| (Reuters) - Mortgage giant <FRE.N> is considering raising capital by selling as much as $10 billion in new shares to investors, The Wall Street Journal reported, citing people familiar with the matter. | The report comes after the U.S. Treasu...
Government considers takeover of Fannie Mae, Freddie Mac: report
The Boston Globe
| TOKYO (Reuters) - The U.S. government is considering taking over top U.S. mortgage lenders <FNM.N> and <FRE.N> and placing them into conservatorship if their problems worsen, the reported, citing people briefed about the plan. | Under a...
40 real estate projects up for grab in Kerala
Arab News
| P.K. Abdul Ghafour | Arab News | JEDDAH: Nearly 20 property developers from the southern Indian state of Kerala have staged an exhibition here presenting more than 40 real estate projects to Keralite expatriates working in the Kingdom. | R. Sreekum...
Real Estate - India
 real estate - building - construction - india - hires - am1
(photo: WN / aruna1)
FDIs in real estate may touch $25 bn in 10 years
The Times of India
|                 NEW DELHI: Foreign direct investment in the country's real estate sector is likely to rise to a whopping $25 billion in the next 10 years from the present $4 billion, even as the industry faces a slowdown in the short term due to rising interest rates, an Assocham study said. | "Despite...
Bangalore Headlines
 software industry - india - pune - hires - am1
(photo: WN / aruna1)
Rising salaries may dent IT R&D offshoring to India
The Times of India
|                 | BANGALORE: India is in danger of losing its top slot as IT R&D offshoring given the rising costs of hiring people, according to Zinnov, a management consultancy company. | This is already noticeable in the average cost of labour, which has risen from $18,000 in the year 2000 to $40,00...
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Bangalore, India
2008.08.07
heavy showers.
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