Saturday 19 April 2014

Areit appoints new CIO

Areit Management Limited, the manager of the Arabian Real Estate Investment Trust (Areit), has named Chris Purdon has its new chief investment officer (CIO). “We are delighted that such an experienced real estate professional has agreed t


Nakheel begins reclamation of Mina Rashid

UAE’s developer Nakheel has begun reclamation work for the Dh2.2 billion ($599 million) Mina Rashid project. The work include the construction of a breakwater and shore protection. A total of approximately 86m metres cube of sand will be d

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