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Saudi Real Estate Co. Eyeballing $1.3 Billion in Development

Saudi Real Estate Co. Eyeballing $1.3 Billion in Development

The CEO of Saudi Real Estate Co. (SRECO) told Bloomberg recently his firm is intent on building a housing development in Riyadh estimated to be worth $1.3 billion.

Real Estate News: Cities Outpace Suburbs in Growth

Real Estate News: Cities Outpace Suburbs in Growth

Many U.S. cities are growing faster than their suburbs for the first time in decades, reflecting shifting attitudes about urban living as well as the effect of a housing bust that has put a damper on moving.

Investcorp Acquires Mixed-Use Portfolio for $65M

Investcorp Acquires Mixed-Use Portfolio for $65M

The US-based real estate arm of Investcorp, a multinational provider and manager of alternative investment products, has paid $65 million for a portfolio of mixed-use commercial real estate properties in the Northern San Francisco Bay area—an area consistently ranked by institutional real estate investors as one of the top areas for investment within the US. The deal represents the largest transaction closed in the North Bay area so far this year and, according to the company, and demonstrates the firm’s continued selectivity and focus on high-yielding assets.

Real estate experts: 2012 might be year of the short sale

Real estate experts: 2012 might be year of the short sale

More than a quarter of all home sales in Palm Beach County last year were of bank-owned properties or homes purchased in a short sale, a sign of continued stress on a market where traditionally less than 1 percent of sales are of distressed homes.

Real estate sales look promising on island

Real estate sales look promising on island

It started as a whisper, and over the last few months has gathered steam. Word on the street is that the island real estate market is recovering by leaps and bounds.

Real estate

Real estate's most influential leaders: 2011

Inman News today releases the 2011 edition of the Inman 100 report, an annual list of the Most Influential Real Estate Leaders that recognizes those who embody leadership, ingenuity, strength, conviction, power, persistence, perseverance and progress -- their voices and actions can move the industry toward change.

Demand for retail space in Riyadh growing rapidly

Demand for retail space in Riyadh growing rapidly

The Kingdom will host Cityscape Riyadh Exhibition, the first of its kind event, as the demand for retail space is rapidly growing in the Saudi capital. The retail space in Riyadh is expected to reach 2.9 million square meters by 2014.


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