Friday 24 February 2017
 
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property

Cityscape Abu Dhabi 2017 in record space sell-out

Record investment deals on the show floor of Cityscape Abu Dhabi in 2016 have resulted in more than 90 per cent of the show floor space being already sold for this year’s event, according to the organisers. With sales permit

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Shaikhani to hand over Dubai Sport City tower

Dubai-based property developer Shaikhani Group is set to deliver its Dh150-million ($41 million) Champion Tower I, a 15-storey property located at Dubai Sports City, starting from next month. It offers a total built up area of 114

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Dubai sees mixed trend in property transactional activity

An overview of transactional activity by sales and mortgage transactions reveals a two-tiered market trajectory, according to a report. Sales transactions have continued to decline, whereas mortgage activity is continued to experience g

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Kuwait's expat tax move 'to hit property sector badly'

Kuwait's real estate sector, especially the investment and commercial segments, will be severely affected if the government goes ahead with its decision to impose taxes and increase fees on expatriates, said a report. The nega

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Sobha offers freehold land plots along Dubai Water Canal

Sobha Group, a leading premium real estate developer, said now offering investors and end users an opportunity to buy new land plots within Sobha Hartland Dubai, the only fully-integrated freehold community on the Dubai Water Canal and in Mohamm

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MAG PD to introduce new wellness family homes to UAE

MAG Property Development (MAG PD), the real estate development arm of MAG Group, has partnered with wellness real estate and technology firm Delos to introduce to the UAE wellness-inspired homes over the next five years. The first

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JLL names Mena asset management head

JLL, a leading real estate investment and advisory firm, has appointed Colin Dowall as its new regional director and head of property and asset management services for the Middle East and North Africa (Mena). Dowall has taken over

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Sharjah rents down for second consecutive year

The rents in residential and commercial property markets across Sharjah have fallen for a second year in a row, increasing tenancy options in the northern emirate, according to real estate consultancy

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Savills gets special Bahrain consulting role

Savills, a leading consultancy firm, has been appointed real estate advisor to the Committee for the Settlement of Stalled Real Estate Projects in Bahrain. Announcing the appointment, the Supreme Judicial Council of the Ministry o

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Investcorp acquires $250m US real estate properties

Bahrain-based alternative investment fund Investcorp said its US-based real estate arm has acquired a diverse portfolio of real estate properties in the Boston and Denver metropolitan areas, for $250 million. A global provider and

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