REAL ESTATE

THE GROWTH OF MAJAAL


Majaal Warehouse Company, a Bahrain-based provider of industrial facilities for small to medium sized enterprises (SMES), has rapidly grown following a string of successful tenancy agreements and construction development in the Bahrain Investment Wharf. Moving forward,…read more

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PACIFIC VENTURES BUILDS RECOGNITION WITH LUXURY LIVING


Four years ago in the midst of the financial crisis that left empty, incomplete buildings in the Dubai skyline, Pacific Property Brokers entered the local real estate market. A sister firm to established India and UAE developers Pacific Ventures, Pacific Property Brokers…read more

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BRIGHT PROSPECTS FOR UAE INDUSTRIAL AND LOGISTICS MARKET


Abu Dhabi’s major industrial zone confirmed and port completion imminent  Waha Land in Abu Dhabi brings international quality warehouse stock to the market Strong demand for high quality facilities Industrial land transactions see 75% rise since 2010 Cluttons,…read more

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INVESTMENT SENTIMENT STRENGTHENS IN EUROPE DESPITE UNCERTAINTY


According to Jones Lang LaSalle Hotels’ latest Hotel Investor Sentiment Survey, investment sentiment for hotel assets has strengthened across EMEA with yield and IRR requirements hardening when compared to October 2011. In EMEA, yield requirements decreased by 40…read more

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CAIRO REAL ESTATE MARKET SEES IMPROVED SENTIMENT AMONG ON-GOING UNCERTAINTY


Jones Lang LaSalle, the world’s leading real estate investment and advisory firm, has published its first quarter (Q1) 2012 Cairo Real Estate Overview report. In summary it concludes that it remains a challenging time, however clarity is returning to the Egyptian…read more

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MAJOR CONSTRUCTION OPPORTUNITIES VALUED AT $500 BILLION IN GCC


Despite grappling with challenges and delivery issues related to current projects, major opportunities in the construction sector remain prevalent in Saudi Arabia, Qatar, Abu Dhabi and Iraq in 2012, according to the newly released Deloitte Middle East’s annual report…read more

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GCC CONSTRUCTION PROJECTS RISES 13% IN VALUE TO US$65.5BN IN 2012


UAE continues to garner largest share of total GCC building construction market at 48%, closely followed by KSA (33%) US$46.52bn worth of construction projects completed in GCC in 2011, expected to increase dramatically to US$79.75bn in 2012 Commercial real estate projects…read more

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DPG AND EMAAR PROPERTIES COMPLETE LAND TRANSACTION IN DUBAILAND


Dubai Properties Group (DPG), a member of Dubai Holding, has finalised a land transaction in its DUBAILAND district with Emaar Properties PJSC (Emaar), the global property developer. The plot is located on Al Qudra road adjoining the Arabian Ranches development, Emaar’s…read more

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