Monday 8 February 2016
 
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CBRE

CBRE opens second Magic Planet in Bahrain

CBRE Group, a global real estate services and investment firm, has announced the opening of the 22nd Magic Planet, top children’s entertainment and play centre in the Mena region, at Enma Mall in Bahrain. This is magic Plane

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Delays help Dubai rents stay flat in 2015; sales prices drop

The delayed handover of about 6,000 homes in Dubai, UAE, has helped rents remain flat so far in 2015 though residential sales prices have fallen more than 10 per cent, according to a report by industry consultants CBRE. Dubai'

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Dubai residential sales continue slide in Q4

Dubai’s residential sector experienced further declines during the fourth quarter (Q4) of 2015 over the previous quarter, marked by a four per cent drop in sales rates and lower volumes, a report said.  The sector is ex

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CBRE named leasing agent for Bahrain office tower

CBRE, a leading real estate advisory firm, has been appointed as the leasing and marketing consultants by Gulf Electronic Management Systems Company for its commercial office tower in Bahrain International Investment Park (BIIP).

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Qatar, UAE in top 10 for global property spend

Outflows from Qatar and UAE into global direct real estate stood at $5.24 billion and $4.54 billion respectively in the first half (H1) of 2015, ranking the Gulf countries in the fifth and seventh positions, a report said. While r

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Abu Dhabi residential rents down on weak demand

The Abu Dhabi property market showed signs of fragmentation in the third quarter as average residential rental prices saw a slight quarterly decline with demand levels having weakened, said a report. The average residential market

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Bahrain real estate sector resilient in Q3

The real estate sector in Bahrain showed resilience during the third quarter as the demand for leased residential accommodation remained buoyant across the country, said a report. Although residential rents have remained stab

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CBRE announces key Mideast appointment

CBRE, the global real estate consulting firm, has appointed Simon Townsend as the new director and head of valuation and consultancy unit. Townsend brings with him more than 17 years of professional valuation experience across the

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CBRE boosts Bahrain management team

Leading real estate consulting firm CBRE has made two new appointments to its Bahrain business - James Lynn who joins as director and head of research and consultancy covering both Bahrain and Saudi Arabia and Orest Lachowycz as a research and c

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Dubai 'affordable' compared to top global cities

The residential real estate market in Dubai, UAE, is still considered ‘affordable’ when compared with many global cities, according to a new report which lists Hong Kong as the world’s most expensive residential location.

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