Local commercial real estate investment activity has dropped by half over the past year as lenders tighten borrowing requirements, national investors flee and sellers fail to adjust their expectations to new market conditions.

01 September 2008 Awali Real Estate Investment, a member of the Al Nemer Group of the Kingdom of Saudi Arabia, yesterday said mixed-use ‘mega developments’ are likely to become the future standard for real estate development in the region.

Awali Real Estate Investments, one of the region’s most reputed real estate investment and development firms, states that mixed-use ‘mega developments’ are likely to become the future standard for real estate development in the region.

A burst of real estate investment has taken place in the Central Business District during the past two years, much of it in anticipation of the new hospitals Louisiana State University and the U.S. Department of Veterans Affairs are endeavoring to build downtown.

REAL estate investment trusts (REITs) received a much-needed boost in Budget 2009 as the Government seeks to make them more attractive through the reduction of the withholding tax on dividends to 10%.

Edmonton beat Calgary to the No. 1 spot on a list of the top 10 Alberta towns for real estate investors. Real estate expert Don Campbell, president of the Real Estate Investment Network, released his Top 10 list yesterday and once again ranked the Alberta capital the highest.

Miami-based NAI Miami Commercial Real Estate Services Worldwide is absorbing the real estate investment sales group of a Los Angeles-based real estate company with fledgling operations in Miami.

Holloway Lodging Real Estate Investment Trust today announced that Edward Good has resigned from his position as a trustee of the REIT, effective August 26, 2008, in order to focus on other business opportunities.

Investor uncertainty, scarcity of debt financing and fewer properties for sale pushed Canadian commercial real estate investment sharply lower in the first half of the year, a report released Tuesday by CB Richard Ellis showed.