Sunday 7 February 2016
 
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Majid Al Futtaim properties revenue soars to $1.08bn

Majid Al Futtaim Properties, one of the leading diversified property companies in the Middle East and North Africa (Mena) region, has registered a total revenue of Dh4 billion ($1.08 billion) in 2015, up seven per cent over the year before.

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Ascott, QIA buy Paris, Tokyo properties for $104m

The Ascott serviced residence global fund, CapitaLand’s wholly owned serviced residence business unit, and Qatar Investment Authority (QIA) have acquired two prime properties in Paris and Tokyo for $104 million. The fund wil

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Mideast buyers eyeing London properties

Majority of investors from the Middle East region have started showing interest in prime properties in North London, as prices are 'much more realistic' there, said leading real estate agent Statons. “Over the past c

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Aldar Properties hospitality assets see full occupancy during Eid

The hospitality and leisure portfolio of Abu Dhabi’s largest property company, Aldar Properties, recorded full occupancy in all of its 10 hotels over the Eid Al Adha vacation period. Citizens and residents of the UAE and other GCC

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Aldar Properties hospitality assets see full occupancy during Eid

The hospitality and leisure portfolio of Abu Dhabi’s largest property company, Aldar Properties, recorded full occupancy in all of its 10 hotels over the Eid Al Adha vacation period. Citizens and residents of the UAE and other GCC

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Damac Properties Q2 profit triples

Dubai's Damac Properties on Wednesday said its second-quarter profit more than tripled as its subsidiary's revenue rose. The privately run developer, which listed on Dubai's bourse in January, reported a net profit of

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Seef Properties gains rise 27pc to $11.5m

Seef Properties has reported a 27 per cent rise in net profit at BD4.35 million ($11.5 million) for the first six months when compared with BD3.43 million ($9 million) recorded during the same period last year. A statement by the

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Msheireb chief wins ‘Best CEO’ award

Leading Qatari real estate company Msheireb Properties’ chief executive officer was named the ‘Best CEO’ at the Qatar Today Business Excellence Awards held recently in Doha. Abdulla Hassan Al Mehshadi accepted th

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160 Indian developers to lure NRIs at Dubai expo

A total of 160 leading developers from all states in India will aim to cater to the growing demand of the non-resident Indians (NRIs) for properties at a major real estate exhibition opening in Dubai, UAE, tomorrow (May 15). The R

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Abu Dhabi broker nets big deals at Cityscape

Nationwide Middle East Properties, a leading real estate brokerage company in Abu Dhabi, UAE, said it has sold out 60 per cent of the projects launched during the Cityscape Abu Dhabi. The UAE capital’s largest property show,

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