Saturday 23 August 2014
 
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Leasing

UAE property sale prices rise 10-15pc in Q1

The average selling and lease price increased between 10 to 15 per cent for real estate units in the UAE during the first quarter (Q1) of the year, a report said. This comes after reported highs of 35 to 40 per cent in the fourth

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Avolon acquires two A320s for Etihad

Avolon, the international aircraft leasing group, said it has acquired two A320 aircraft for delivery to UAE national carrier Etihad Airways as part of a sale and leaseback transaction, financed by Abu Dhabi National Leasing. Etih

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DWC highlights real estate prospects

The Business Park, a free zone office complex of Dubai World Central (DWC), the world’s first purpose-built aerotropolis, recently hosted an event to throw light on the real estate investment opportunities available at the Business Park.

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Financing platform launched for aircraft purchases

Novus Aviation Capital, a leading aircraft leasing and financing platform, in partnership with the Development Bank of Japan and Airbus has established Tamweel Aviation Finance (TAF) in Dubai.   The new enterprise has been set

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Kuwait Airways may delay Airbus jet deal

Kuwait Airways may delay a plan to buy 25 new aircraft from Airbus, a Kuwaiti newspaper reported on Monday, saying the state-owned carrier would prioritise leasing planes instead. Kuwait Airways signed an initial agreement with Ai

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Abu Dhabi residential rents down 4pc in Q2

Despite a noticeable rise in leasing activity during the first half of the year and record sales transactions, residential rental rates in Abu Dhabi have dropped four per cent during the quarter, said an industry expert. “Th

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Dubai residential deals top $7.8bn in H1

The total value of residential transactions in Dubai reached Dh28.8 billion ($7.83 billion) during the first half of 2013, with Dh23.2 billion being transacted in cash and the balance through mortgages, a report said. The resident

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Asteco lease agent for key Dubai project

Leading regional real estate services firm Asteco said it has been appointed the sole leasing agent for a new luxury residential project, ‘48 Burjgate,’ a prestigious location on the Sheikh Zayed Road in Dubai. A high-

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Saudi AAGH group tops Forbes ranking

Abdullatif Alissa Group Holding Company (AAGH), the pioneer of automotive sales, service, financing and leasing in Saudi Arabia, has been named 10th in the ‘Top 100 Making an Impact in the Arab World’

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Kuwait Airways to sign $3bn Airbus deal

State-run Kuwait Airways will spend KD850 million dinars ($2.98 billion) on 25 new Airbus jets and aims to lease a further 13 to upgrade its ageing fleet, a Kuwaiti newspaper reported on Sunday. Daily Al-Watan cited sources close

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