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Germany Launches Hypo Real Estate Takeover Bid
The German government on Thursday launched its effort to take full control of battered lender Hypo Real Estate Holding AG, making a voluntary takeover offer to shareholders. The government’s bank rescue fund offered euro1.

Saudi realty to ‘weather downturn’
Top oil exporter Saudi Arabia will weather a tough real estate market in 2009 thanks to demand for residential property, outperforming a downward trend in the rest of the Gulf, Moody ??s Investors Service said yesterday.

German govt launches takeover of Hypo Real Estate
FRANKFURT (AFP) The German government launched Thursday a takeover of the troubled Hypo Real Estate bank, with a public offer of 1.39 euros per share, a statement to the stock market said.

Aid for unemployed homeowners increases by $5 million
Pennsylvania officials added $5 million to a state aid program designed to help the unemployed avoid foreclosure, Gov. Rendell said yesterday at a Philadelphia financial counselling center.

Raleigh Regional Association Of REALTORS Names REALTOR Of The Year
Cary NC located west of Raleigh is the home of … SAVOY, North Raleigh’s affordable fine dining location is the site … Jennings President Speaks to Gathering of Marketers and Business LeadersChapel …

Saudi realty market to weather slump, says Moody’s
KUWAIT: Top oil exporter Saudi Arabia will weather a tough real estate market in 2009 thanks to demand for residential property, outperforming a downward trend in the rest of the Gulf, Moody’s Investors Service said yesterday.

Gulf realty market outlook negative: Moody’s
(MENAFN - Khaleej Times) The outlook for the Gulf real estate market is ‘negative’ in 2009, as the global crisis is squeezing funding and hurting consumer confidence, Moody’s Investors said.

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