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(MENAFN) The Chief Executive Officer at Stuttgart-based Porsche SE, maker of the 911 sports car, said that the company’s sales fell 14 percent in six months as demand weakened, Bloomberg reported.

Associated Estates Realty Corporation Declares Preferred Share Dividend
CLEVELAND, Jan. 29 /PRNewswire-FirstCall/ — Associated Estates Realty Corporation announced today that a quarterly dividend of $0.54375 per one-tenth depositary share has been declared on the Company’s 8.70% Class B Series II Cumulative Redeemable

Realtor(R) Recommendations Make Headway in House
WASHINGTON, Jan. 29 /PRNewswire/ — The U.S. House of Representatives has taken a significant step toward economic recovery in passing H.R. 1, The American Recovery and Reinvestment Act of 2009. (Logo: http://www.newscom.

Duke Realty Posts 2008 Results
Indianapolis-based Duke Realty Corp. (NYSE: DRE) says Funds From Operations (FFO) for the fourth quarter of 2008 was $0.71, compared to $0.80 for the fourth quarter of 2007.

DLF to beat realty slump through asset sale
NEW DELHI: Like its smaller rival Unitech, India?s largest property firm, DLF, says it will sell its assets, as it battles a slump in the real estate sector that has brought down its profit by 69% and sales by 59%. DLF will also stop the sale of its

UAE real estate growth slows down; Report
(MENAFN) A report issued by said that the UAE property sector is going down along with job layoffs and declining prices, due to the global credit crisis, Gulf Daily News reported.

Finance Minister to discuss realty sector woes with PSB chiefs
K.R. Srivats New Delhi, Feb. 1 Restructuring of stressed real estate and MSME accounts is to form part of the discussions at the meeting of the Finance Minister, Mr Pranab Mukherjee, with chief executives of (PSBs) here on Monday.

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Al-Shahed unveils $160m realty project in KuwaitJordan- Rapid population growth main challenge facing medical
(MENAFN) The Chairman of Al-Shahed Real Estate Co. announced that the company is planning to launch a $160 million project in Kuwait City, KUNA reported.


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