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
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.
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.
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
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
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.
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.
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.
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