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KARACHI : Year 2008 has proved to be a rather rollercoaster ride for the real estate sector. It started off dismally in January, following massive flight of investment after former premier Benazir Bhutto’s assassination and then underwent global financial crunch. However, it ended on a positive note as many new projects for the middle income [...]
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MANAMA: CapitaLand, the Asian real estate developer of Raffles City Bahrain, announced that sales of residential apartments in the integrated waterfront development located in the prime Bahrain Bay area will be opened to the public at Cityscape Dubai tomorrow. Private sales of the residential apartments in Raffles City Bahrain had enjoyed a very strong response [...]
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It looks like the great flush out of the California real estate market is underway. Banks recognizing that they are not landlords have decided to drop the prices on their foreclosures and they are being snapped up by eager buyers. All of this information is both horrible and great at the same time. It is [...]
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The people of Camden, Ala., pay a bigger chunk of their income for fuel than anyone else in the country – meaning tough choices for the ever thinner family budget. CAMDEN, Ala. (CNNMoney.com) — Corey Carter spends a quarter of his paycheck on gas. The 30-year old Carter, who earns $7 an hour making car parts [...]
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Bush and global financial leaders vow to fight the growing financial meltdown. NEW YORK (CNNMoney.com) — World leaders, warning of a global economic downturn, pledged Saturday to work together to find solutions to what is unfolding as the worst financial crisis since the Great Depression. President Bush and finance officials from the Group of Seven, [...]
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Emaar Properties has won the ‘Property Company of the Year’ for the second time in a row at the Arabian Business Achievement Awards. The award recognises the overall performance of the company including product quality, service and growth strategies. Ahmad Al Matrooshi, Managing Director – UAE, Emaar Properties, received the award from Sultan bin Saeed [...]
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Empire International Investments, the real estate division of the multidisciplinary Empire Group, announced today that 35%, which equates to 160 units, in their prestigious ‘Empire Tower’ development have sold and that sales remain buoyant despite a recent price increase of 12%. LLJ Property the exclusive sales and marketing agent for the project have witnessed a [...]
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