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commercial real estate
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NEWS AND INFORMATION

Colliers International Q1 2009 House Price Index for Dubai falls 41% (AME Info)
Colliers International, the global real estate consultancy, released the Dubai House Price Index for Q1 2009, which indicates a decline in the overall index of 41% for the first three months of 2009.

12:40 p.m. - Office lease for Guam Election Commission terminated (Pacific Daily News)
12:40 p.m. April 28 — The Guam Election Commission has been ordered to vacate its office space at the GCIC Building by May 1 because the local government has failed to pay its rent.

Commercial real estate event set for May 13 (The Santa Rosa Press Democrat)
SANTA ROSA - The 2008 North Bay commercial real estate top producers will be highlighted as part of the Business Journal’s annual networking reception May 13. The program includes a keynote by Jim Wunderman, the president and CEO of the Bay Area Council, of one of the state’s leading business organizations.

Redevelopment board hands out grants (Daytona Beach News-Journal)
The Holly Hill Community Redevelopment Advisory Board has awarded two commercial property improvement grants for April. Mapleleaf Garden Condominiums Association Inc., 1202 Ridgewood Ave., was given $5,000 for pressure washing and painting estimated to cost $10,000. New Heights Community Church, 340 Flomich St., was awarded $3,000 for walkway and other exterior upgrades estimated to cost $6,000.

Realty Executives International Launches First Online Real Estate Lead Generation to Drive Home Buyers to Local ... (Business Wire via Yahoo! Finance)
PHOENIX----Realty Executives International today announced an innovative online Real Estate lead generation program, pay-per-click advertising strategy and bold new technology initiative.

ISA100 Votes to Approve First Standard in Industrial Wireless Series (Instrumentation Systems and Automation Society)
Research Triangle Park, NC (27 April 2009) – The ISA100 Standards Committee on Wireless Systems for Automation has voted to approve a major new industry standard, ISA100.11a, "Wireless Systems for Industrial Automation: Process Control and Related Applications."

Bradford Industrial Complex Donated (WCAX-TV Vermont)
Bradford will get a boost in the form of a free industrial park.

Apartment Fundamentals Weaken, But Multifamily REIT Ratings Show Stability (Multi-Housing News)
New York--While the fundamentals of the apartment industry have continued to erode over the past several months, multifamily REITs have taken steps to shore up liquidity and most continue to have stable outlooks, according to Moody’s Investors Service.

(AFX UK Focus) 2009-04-28 07:50 UPDATE 1-Brixton eyes options to prop up finances (Interactive Investor)
LONDON, April 28 (Reuters) - UK industrial property company Brixton said on Tuesday it was still considering a number of options to improve its finances, including asset disposals, debt refinancing and a potential equity raising. The company said it was progressing a variety of initiatives designed to prop up its balance sheet following a record fall in UK commercial property values in 2008. The ...