Saturday 24 June 2017
 
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real estate

Dubai real estate transactions up 25pc in Q1

The Dubai property sector has witnessed solid growth in the first quarter with about 25 per cent increase in overall transactional activity in the real estate sector during the period, said Sultan Butti Bin Mejren, the director general of the Du

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ENBD REIT to distribute $9.7m interim dividend

ENBD REIT, a leading Shari’a compliant real estate investment trust in the UAE, will be paying an interim dividend of $9.71 million ($0.0382 per share) as its first dividend payment since listing on Nasdaq Dubai in March. &n

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GCC’s real estate 'mature enough for REITs to flourish'

About 45 per cent of investment professionals in the region see the GCC’s real estate market as mature enough for real estate investment trusts (REITs) to flourish. However, nearly 43 per cent believe that it has not reached such a matur

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Sharjah real estate registration directorate set for revamp

Sharjah Supreme Council Member and Ruler Dr Sheikh Sultan bin Mohammed Al Qasimi has issued a decree approving the general organisational structure of the Real Estate Registration Directorate in the emirate, reported state news agency Wam.

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Sobha launches affordable luxury apartments in Dubai

Sobha Group, a premium real estate developer, has announced the launch of its affordable luxury offering comprising studios, and one-, two- and three-bedroom apartments in two L-shaped buildings within an integrated freehold community on Dubai

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Sobha named top real estate brand for third year

Sobha Group, a leading real estate developer in India and the Middle East, said it has been named as the biggest brand in the Indian real estate sector for the third consecutive year in the Brand X Report 2016-17, an annual study conducted by Tr

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Colliers opens new office in Doha

Colliers International, a global leader in commercial real estate services, has expanded its presence in the Middle East with the opening of a new office in Doha, Qatar. Colliers’ new office, located in The Pearl, Doha, Qatar, wil

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Bahrain Investment Market 'attractive option for capital-intensive sectors'

The Bahrain Bourse (BHB) has highlighted how the Bahrain Investment Market (BIM), an equity market for growing business ventures in Bahrain and the wider Mena region, can improve the liquidity of capital-intensive industries and boost foreign in

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5,800 new homes to enter Qatar market by year-end

An estimated 5,800 new homes are set to enter the Qatar real estate market by year end, assuming minimum construction delays, according to a report. These include apartments in five buildings at United Development Company's (U

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DIFC to become 'hotspot for property funds, REITs'

Dubai International Financial Centre (DIFC) has the potential to be the destination of choice for real estate investment trusts (REITs) and property funds in the Middle East and Africa (MEA) and South Asia region, said a top official.

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