Saturday 20 September 2014
 
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real estate

Investcorp buys US real estate assets for $250m

Investcorp, an alternative investment manager based in Bahrain, said on Tuesday it had acquired a portfolio of office and industrial property assets in three cities in the US for around $250 million. The purchases, done in separat

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Emaar sees good demand for malls IPO

Emaar Properties said institutional investors have committed to buying all the shares offered to them in the flotation of its shopping malls business only a day after the initial public offering (IPO) was launched. Dubai's lar

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Bahrain mulls new laws to boost property market

Bahrain government aims to introduce new laws to encourage real estate expansion and possibly revive stalled projects across the kingdom, said a report. The cabinet discussed ways to boost Bahrain's real estate sector and also

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Deloitte names real estate valuations head

Deloitte Financial Advisory in the Middle East has appointed Bruce Allan as the director for its Real Estate Valuation unit in Dubai, UAE. Allan brings over 25 years of experience with a wide range of specialist valuation skills,

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Dubai summit to focus on future cities

A conference focused on sustainable urban development and shaping smart cities of the future will be held later this month in Dubai, UAE. The Future Cities Summit, jointly organised with Dubai Municipality and the Environment Centre for

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Al Ruwad to market Istanbul homes

Kuwait-based Sinan Real Estate Company has signed an exclusive sales agreement with Dubai's Al Ruwad Real Estate Consultants for its upcoming real estate projects in Turkey. As per the deal, Al Ruwad will have full rights to m

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Dubai's real estate sector 'enters new era'

It's the beginning of a new era for Dubai's real estate sector as project developers start adopting a sustainable, long-term approach rather than the old one of build it, sell it and move on, said the head of one of Dubai’s fastest

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Construction launched on The Edge at DIC

Sweid & Sweid Development, a Dubai-based boutique real estate firm, has commenced work on a new commercial building in the heart of Dubai Internet City (DIC) in Dubai, UAE. Called The Edge, the building will cater to multinational a

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Qatar’s real estate prices hit new high

The real estate market in Qatar continues to soar with average prices for land, commercial and residential properties in June standing at 20 per cent above their peak in September 2008. The data provided by the Real Estate Price I

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Damac ready for release of ‘Akoya Oxygen’ units

Damac, one of Dubai’s leading luxury developers, said it has brought forward the second release of units at its latest master development, Akoya Oxygen, following ‘unprecedented’ customer demand. Akoya Oxygen is

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