Qatar Real Estate Borrows 1 Billion Riyals in Islamic Loan (Bloomberg)Dec. 3 (Bloomberg) -- Qatar Real Estate Investment Co. , which develops residential and commercial property, agreed to borrow 1 billion riyals ($270 million) in an Islamic loan from two domestic lenders to fund its projects.

Sibir shares sink 30 pct on real estate buy (Reuters via Yahoo! Malaysia News)* To buy more real estate assets from one of its owners

Sibir Energy to buy $340mln real estate assets from developer (Russian Information Agency Novosti)MOSCOW, December 3 (RIA Novosti) - Oil firm Sibir Energy will buy real estate assets worth $340 million from Russian entrepreneur Shalva Chigirinsky, including the Russia Tower project in the Moscow City business center, the company said on Wednesday.

BRIEF-Sibir proposes to buy new real estate assets (Reuters via Yahoo! Malaysia News)MOSCOW, Dec 3 (Reuters) - Sibir Energy Plc * Sibir proposes to acquire additional real estate from Mr Tchigirinski * Sibir is requesting shareholder approval at the general meeting of the company for proposed acquisitions on Dec. 18 * Sibir to pay $127 million in cash and the remaining $213 million by the assumption of certain of Tchigirinski's existing loans * Real estate to include Russia ...

Real estate slump helps end Martin County's legal battle against Port St. Lucie growth, developers (Fort Pierce Tribune)The declining real estate market helped end the dispute between Martin County and Port St. Lucie over who should pay for new roads, boat ramps and beach accesses in Martin County to serve new Port St. Lucie residents, several city and county officials said Tuesday.

World's top real estate challenges (rediff.com)As the global economy limps into 2009, barometers for the real estate industry are bleak.

Englewood real estate agent gets 7 years (Denver Post)Former Englewood real estate agent Arvin Weiss, 58, was sentenced to seven years in federal prison today for falsifying loan documents, defrauding the government and preying on Latino immigrants

Keen to invest in Asian real estate, consider Tokyo (Reuters via Yahoo! Malaysia News)TOKYO, Dec 3 (Reuters) - Tokyo takes the top spot for next year's real estate investment prospects among big Asian cities, with many foreign investors seeking opportunities in Japan's beleagured property market, a survey showed on Wednesday.

(AFX UK Focus) 2008-12-03 09:08 UPDATE 1-Sibir shares sink 30 pct on real estate buy (Interactive Investor)MOSCOW, Dec 3 (Reuters) - The shares of London-listed Sibir Energy plunged over 30 percent on Wednesday after the Russia-focused energy firm said it had proposed to acquire new real estate assets from one of its owners. Sibir has already outraged minority shareholders when it said in October it would buy some $157 million worth of real estate assets from one of its core owners, Russian ...

Citigroup Said to Cut Most of Asia Real Estate Team After Slump (Bloomberg)Dec. 3 (Bloomberg) -- Citigroup Inc. fired most employees at its real estate investment banking team in Asia after slumping property prices stifled share sales and acquisitions in the industry, three people familiar with the matter said.

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