Dubai apartment rents fall 8% in 2011 – CBRE – ArabianBusiness.com

Posted on February 15, 2012 by admin

Dubai’s residential real estate market is set to outperform the office sector this year due to “stronger fundamentals” and “solid population growth”, CB Richard Ellis said on Sunday. In a new report, it said 2011 ended with mixed signals for …
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KTGY-designed Foursquare Senior Living Community in Portland Receives BALA & 50+ Housing Council Awards – Free Press Release Center

Posted on February 14, 2012 by admin

The community received three awards, a Platinum award in the BALA competition in the category of Multifamily, On the Boards; and a Gold award in the Best of 50+ Housing Awards competition in the category of Best Market Rate Rental – On the Boards plus 50 …
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Colibrys relocates to new premises with $10M investment – ElectroIQ

Posted on February 13, 2012 by admin

Colibrys expects substantial rent reductions from the move, and will occuy modern, eco-friendly premises. The new location, owned by Meigerhorn, is in the Y-Parc technology center for high-tech SME businesses. COLIBRYS makes standard and semi-custom MEMS …
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Landlord must repay £32,000 from benefit fraud – This is Southampton

Posted on February 13, 2012 by admin

LANDLORD Naizali Mohmed carried on banking housing benefits even though his tenants moved out years ago. Today he faces paying back £32,000 he falsely claimed from the taxpayer after being given six months to hand it back or face 16 months behind bars.
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Apartment Buildings Could Save Billions with Energy Efficiency Improvements – CleanTechnica

Posted on February 12, 2012 by admin

A new report shows that multifamily buildings—analyst-speak for apartment buildings—could save residents and owners both up to $ 3.4 billion across America if simple energy efficiency upgrades were made. The report, Engaging as Partners in …
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Huntington Beach fourplex damaged in fire – Long Beach Press-Telegram

Posted on February 11, 2012 by admin

HUNTINGTON BEACH – All units of a Huntington Beach fourplex sustained fire, smoke and water damage in a greater-alarm fire early this morning, but there were no injuries, officials said. The blaze appeared to have started on the roof or in the …
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West St. Paul renegotiates deal to finish Robert Street development – Pioneer Press

Posted on February 10, 2012 by admin

The revised contract requires Sherman Associates to begin constructing the larger retail building by the end of September as well as convert its Homes of Emerson Hill condominium building to market-rate rental by Dec. 31. It also calls for …
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West St. Paul renegotiates deal to finish Robert Street development – Pioneer Press

Posted on February 9, 2012 by admin

The revised contract requires Sherman Associates to begin constructing the larger retail building by the end of September as well as convert its Homes of Emerson Hill condominium building to market-rate rental by Dec. 31. It also calls for …
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Fire damages Brevard Avenue apartment complex in eastern New Ortleans – nola.com

Posted on February 9, 2012 by admin

A fire heavily damaged a fourplex at 8003 Brevard Ave. in eastern New Orleans on Thursday, and a tenant was treated on the scene for smoke inhalation, a fire department official said. An adjacent apartment at 8001 Brevard sustained exterior damage.
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Broker railed against restaurant arms race – Sydney Morning Herald

Posted on February 8, 2012 by admin

Feszt offered free advice to friends and strangers, negotiated rent reductions for struggling restaurateurs who had signed prohibitive leases, and he was not afraid to sully his own interests to tell it how it was for the industry he loved. He was happy to …
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