Wednesday 22 May 2013
 
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Residential project

Bid to revive $750m residential project

A group nearly 100 investors from Bahrain and Saudi Arabia have launched a bid to revive a $750 million residential development in Bahrain, now two years overdue, a report said. They have signed a petition demanding the government

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Gulf Capital JV launches $266m development

Gulf Related, a joint venture between Gulf Capital, a leading alternative investment firm in the Middle East, and US-based Related Companies, has launched a SR1 billion ($266.6 million) residential real estate development in Riyadh. The de

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Nakheel plans new housing project on Palm

Indebted developer Nakheel  plans to build a new 192-unit residential project on one of its man-made palm-shaped islands, relying on unit sales and internal resources to fund the construction, its chairman said on Sunday. Nakheel's Pa

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Capivest, Olive sign key services deal

Bahrain-based Islamic investment bank Capivest and facilities management firm Olive VFM signed a services agreement which will provide holistic services to Capivest’s high-end residential project Saar Central. According to the deal, Olive

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IFA HR launches 4th project in Thailand

IFA Hotels & Resorts (IFA HR), a leading international resort and residential developer, has launched its fourth residential development in Pattaya, Thailand. Unixx South Pattaya, a 1,207-unit dual-tower project is being built by award

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Arabtec wins $76.2m contract from Nakheel

Dubai builder Arabtec has won a Dh280 million ($76.2 million) contract from developer Nakheel, Dubai World's property arm, to build a residential project in the emirate, it said on Wednesday. The largest builder in the United Arab Emirates

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$750m housing project in talks to save plan

Management of a luxury residential development in Bahrain is in talks with local banks to rescue the stalled BD283.5m ($750) million project. Homeowners at Marina West, whose properties are now 20 months overdue, have welcomed news of a po

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Manara sees Bahrain project on track

Manara Developments, a Bahrain-based real estate development company, said that progress in phase one of its Tubli Gardens project has been positive accounting for the completion of more than 50 per cent of the project. Manara Developments

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Damac begins work on $138m residential tower

Damac Properties, a leading real estate developer, has commenced main construction works at its Dh508 million ($138.3 million) residential development at Dubai Marina. Leading construction company Arabtec, which was awarded the main constr

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Damac sees Jebel Ali project on track

Damac Properties, a leading developer in the Middle East, said it has reached the third level of its ‘Suburbia’ residential development adjacent to the Jebel Ali free zone. Suburbia is a low rise multi-building development influenced by Mo

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