Qatar National Bank (QNB) has signed a new partnership agreement with Savills, a global real estate services provider, to source and identify residential and commercial properties internationally for its affluent local and regional members.
As real estate asset prices in Dubai stabilise and start to trend lower in certain areas, the emirate has entered the 'new normal' with investors beginning to hunt for stable rental returns, a report said.
Qatar's Barwa Real Estate has signed a deal to sell two plots of land for a combined QR5.34 billion ($1.47 billion) to an unidentified buyer, the company said on Tuesday.
Barwa will deliver the first plot of land, which it is
The total value of real estate transactions in Saudi Arabia's residential and commercial sector so far has grown 133 per cent in 2014 to hit SR7 billion ($1.86 billion) compared to last year, said an industry expert.
Kuwait-based commercial real estate company Al Tijaria said it has entered the real estate market in Norway with a KD4 million ($13.7 million) investment.
The company bought a 49.64 per cent stake in a property in Norwegian capital Oslo
The H Holding Enterprise has officially launched its real estate arm in Dubai, UAE, which will specialise in property development, asset management and related services in the Middle East.
Hafeez Abdullah, the chairman, said: &ldq
Kuwaiti real estate firm Mabanee said on Wednesday it would spend KD265 million ($910 million) on building the fourth phase of its The Avenues mall development.
The total project cost, including the fourth phase, stands at KD610 m
UAE-based Palma Holding, a specialist in luxury residential and mixed-use complexes, is set to launch two new signature real estate projects worth Dh3.7 billion ($1.07 billion) in Dubai, UAE, next year.
The first one is a luxury b
The real estate sales in Kuwait registered a 16 per cent year-on-year (y/y) growth to hit KD372 million ($1.27 billion) in September after experiencing slower activity during the summer months, said a report.
The growth was suppor
The GCC investors - from sovereign wealth funds to rich individuals - have pumped in $1 billion into the US real estate market in 2014, up 51 per cent over last year, said a report.
The boost in spending is mainly due to the pace