Monday 25 July 2016
 
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real estate

Abu Dhabi real estate market suffers decline

The real estate market in Abu Dhabi, UAE, saw a minor decline during the second quarter in most sectors for the first time in three years, said a report. While supply is under control, reduced demand from the contraction of the oi

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Dubai real estate market draws $15.5bn in H1

Investors, mainly Arab and foreign nationals, poured Dh57 billion ($15.51 billion) into Dubai’s real estate market in the first half of 2016, according to the Dubai Land Department's (DLD) transactions report. As many as

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Kamco buys key commercial land in Riyadh

Kamco, a leading investment company with one of the largest assets under management (AUM) in the region, said its real estate fund has acquired around 16,500 sq m of commercial land in Riyadh, Saudi Arabia. Kamco Real Estate Yield

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JLL in deal to boost Makkah real estate transparency

Leading real estate expert JLL said it has signed a memorandum of understanding (MoU) with the Makkah Chamber of Commerce and Industry in a bid to help improve transparency in the Saudi real estate market. As an independent consul

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KAEC sets up new real estate services unit

King Abdullah Economic City (KAEC), a special economic zone in Saudi Arabia, has announced the establishment of a new “Select Real Estate Services” department. The new unit is a specialist in providing resale and renta

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Saudi Arabia boosts real estate transparency ratings

Saudi Arabia has moved up the rankings to finish in the ‘Semi-Transparent’ category for the first time in the JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (Greti). The index

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Saudi Arabia plans sukuk for real estate fund

Saudi Arabia plans to issue an Islamic bond, or sukuk, for its Real Estate Development Fund by the end of 2017/2018, the housing minister said. "The sukuk programme is specialised for the real estate development fund," M

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Saudi Arabia plans sukuk for real estate fund

Saudi Arabia plans to issue an Islamic bond, or sukuk, for its Real Estate Development Fund by the end of 2017/2018, the housing minister said. "The sukuk programme is specialised for the real estate development fund," M

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Abu Dhabi may act to address property glut

Abu Dhabi's property market is oversupplied and the government may take steps to address the imbalance, a senior official said on Sunday. Prices in the UAE capital's residential sector were flat last year, after rising abo

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MBLM launches branding for One Central

MBLM, the brand intimacy agency focused on strategy, design, creative and technology, has launched a comprehensive real estate branding programme for a mixed-use, multibillion-dollar project in Dubai, UAE. The Dh8-billion ($2.17 b

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