Monday 26 September 2016
 
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Cluttons

Global economic crisis hits UAE office rental market

The impact of the softening global economy continues to hamper the UAE’s office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates, according to leading internati

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Demand for Dubai office space declines

Demand for office space in Dubai has receded in the past six months, as the ripple effect of the oil price collapse and the subsequent economic slowdown in the rest of the Gulf reverberates across the emirate’s commercial property market,

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Cluttons names new managing partner

Cluttons, a global real estate services company, has appointed James Gray its new managing partner. Gray, who has been an equity partner at Cluttons for the past ten years and heads the 250-year-old company’s project and bui

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Bahrain's foreign ownership move to boost property sector

The recent decision by the Bahraini government to allow foreigner investors 100 per cent ownership in various sectors of the market is likely to have a positive long term impact on the kingdom’s property markets, according to leading inter

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Cluttons names Dubai business head

Leading international real estate consultancy Cluttons has announced a senior appointment within its UAE business, with Murray Strang being named as the new head of Cluttons Dubai. With Cluttons’ business continuing to grow

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Cluttons launches contest for slum solution

Global real estate company Cluttons has launched The Next Big Thing, an international competition which invites entrants from the UAE to outline a concept which will help turn the world’s ‘slums’ into legitimate, sanitary and p

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Muscat residential rents down 5.9pc in Q1

The average residential rents in Oman's capital Muscat fell by 5.9 per cent during the first quarter of the year, said a report.   The decline was led by the villa market, leaving average monthly villa rents at just over R

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Sharjah’s residential property rents set to drop further

Rents in Sharjah’s residential property market are set to continue to decline throughout 2016, following an average fall of 5.7 per cent during Q1 which has dragged the annualised rate of change in rents down to -8.3 per cent, according to

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Dubai residential sales, rental values down

As the local economy continues to adjust to softening global conditions, the overall residential values and rents in Dubai are set for a further decline throughout 2016, according to leading international real estate consultancy Cluttons.

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London, New York top UAE real estate investors' list

The majority of the UAE's high-net worth individuals (HNWIs) are set to pump in big money into prime real estate markets across the globe with London and New York topping their investment destinations list, said a report. Lond

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