Kuwait's prime commercial property rents at new highRents for prime commercial properties in Kuwait City have returned to the peak levels, similar to the ones last experienced in 2008, according to the global property consulting firm CBRE. Monthly rates of KD14 per sq m were quoted More… |
Abu Dhabi commercial property market set for steady growthWith the price of oil dropping from $108/barrel in June, to under $50/ barrel last month, the lower oil prices could lead to possible implications for the Abu Dhabi real estate market, according to property expert Knight Frank. Ho More… |
Palm Hills eyes Egypt's commercial propertyPalm Hills, Egypt's second-largest listed real estate developer, will begin investing in commercial properties next year and expand its residential operations to meet higher anticipated demand, its co-chief executive said. The More… |
Bahrain’s commercial property market 'flat'The commercial property market in Bahrain had a fairly flat performance in the second quarter of the year due to the large supply of property along with a weak demand, said a report. In addition, cautious tenants and landlords as well as t More… |
Right time to set up base in Dubai says CluttonsIt is a good time for foreign companies to establish themselves within Dubai with the city becoming affordable, says a report. In addition, long-established firms looking to take advantage of newer, higher specification office space More… |
Commercial property transactions up 74pcGlobal commercial property transactions rose 74 percent in the first half of 2010, tracking improvements in the investment climate and economic outlook, property services company Jones Lang LaSalle Inc said. Transactions More… |
Hamptons expands service offerings in UAEHamptons International has announced expansion and diversification of its commercial service offerings in the UAE. Hamptons is showcasing an extensive roster of commercial property in Dubai, many of them completed and ready to occupy. More… |