Real estate sales in the suburbs are so bad that developers of condominium buildings - as well as owners of existing units - are renting apartments to avoid foreclosure.

U.S. retail real estate giant Kimco Realty Corp. is making good on its promise to do more business in Canada, splitting a $156-million purchase of 10 shopping centres with RioCan Real Estate Investment Trust.

How will the international slump affect local real estate property and by extension our construction industry? Will IRS promoters and prospective buyers revise their ambitions? This paper tries to answer these and other related questions.

08 October 2008 Strong demand for local property, allied with massive investments, will more than double the net income of the UAE real estate giant Aldar to over $1 billion (Dh3.67bn) in 2008, a leading Kuwait investment firm said yesterday.

For owners of rental property in the Portland area, 2008 is shaping up to be a banner year. Across the region, rental units are full or turning over quickly, rents are steadily rising, new units are in demand and tenant turnover is slow.