Wednesday 22 May 2013
 
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real estate

Dar Al Arkan to sell benchmark-sized sukuk

  Saudi Arabia's Dar Al Arkan Real Estate Development Company is aiming to sell a benchmark-sized Islamic bond, or sukuk, this week after announcing initial price thoughts for the dollar-denomin

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Bahrain real estate prices slump

The real estate prices in troubled areas of the kingdom could witness further declines, warned a Bahrain property expert. Land prices and rents in the Northern Governorate have fallen 40 to 60 per cent due to security issues, stat

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Abu Dhabi TDIC picks up Yardi voyager

  Abu Dhabi's Tourism Development Investment Company (TDIC) has signed up Yardi Systems, a key developer of software solutions for the real estate investment, asset and property management indus

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Abu Dhabi TDIC picks up Yardi voyager

  Abu Dhabi's Tourism Development Investment Company (TDIC) has signed up Yardi Systems, a key developer of software solutions for the real estate investment, asset and property management indus

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Bahrain's real estate sector on growth path

Bahrain's real estate sector has experienced considerable growth in activity over the last few months, key industry representatives participating in the Gulf Property Show said. Calling the exhibition well-timed, representativ

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Turkey’s new residence law boosts Agaoglu sales

Turkey’s liberalization of the real estate markets for foreign ownership as well as relaxation of residency rules has boosted the sales of leading developer Agaoglu Group, said its founder. Ali Agaoglu added that after the l

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Kuwait March real estate sales hit $1.02bn

The real estate sales in Kuwait registered a solid 19 per cent year-on-year (y/y) growth in March to hit KD293 million ($1.02 billion) after two months of weak sales, said a report. The residential sales totaled KD149 million in M

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Doha property market steady in first quarter

The Doha real estate market was marked by average sales, rental rates and stable activity levels during the first quarter of the year, reflecting a positive outlook as developers resurrect projects ahead of an infrastructure surge, a report said

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Dubai real estate prices soar in March

Dubai real estate prices and rents have seen their 16th consecutive monthly hike in March, continuing the steady recovery in the sector and highlighting the return of investor confidence in the emirate, said a report.    

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Abu Dhabi market sees selective recovery in Q1

The real estate market in Abu Dhabi witnessed a selective recovery during the first quarter as prime residential rents increased by 8 per cent in selected higher quality schemes, while rents in secondary quality residential stock continued to fa

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