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Dubai Real Estate Institute and the UK's University of Reading have agreed to develop executive education programmes and training in real estate. Reading's Department of Real Estate and Planning will conduct the lectures.

Foxtons, one of the largest British real estate agents, agreed on Monday to be acquired by private equity firm BC Partners amid early signs the booming UK housing market may be starting to cool.

MILAN (Thomson Financial) - Pirelli & C SpA said its first quarter EBIT rose 8.1 pct to 129.5 mln eur, from 119.8 mln a year earlier, supported by tyre and real estate operations, coming in just above analysts' expectations.