Monday 2 May 2016
 
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Cairo housing thrives on booming youth population

Despite the ongoing economic challenges across the globe, the residential sector in Cairo, Egypt, continues to thrive, underpinned by a young population base, said a report. The composition of Egypt’s population continues to

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New CBRE unit offers special real estate services

CBRE, a global real estate consulting firm, has launched a specialised business group to support healthcare and education real estate services in the Middle East. The healthcare and education industries are among the fastest growi

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EMEA investors 'to boost real estate spending in 2016'

Almost half (48 per cent) of all real estate investors across the Europe, Middle East and Africa (EMEA) region expect to increase their purchasing activity in 2016 compared with just 15 per cent who expect to be less active buyers, according to

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Qatar's residential rental levels up 7pc in 2015

The residential rental market in Qatar continued to expand unabated during 2015, rising by seven per cent year-on-year, said a report by global real estate consultancy firm CBRE. Albeit, this was down from the 14 per cent annual g

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CBRE opens second Magic Planet in Bahrain

CBRE Group, a global real estate services and investment firm, has announced the opening of the 22nd Magic Planet, top children’s entertainment and play centre in the Mena region, at Enma Mall in Bahrain. This is magic Plane

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Delays help Dubai rents stay flat in 2015; sales prices drop

The delayed handover of about 6,000 homes in Dubai, UAE, has helped rents remain flat so far in 2015 though residential sales prices have fallen more than 10 per cent, according to a report by industry consultants CBRE. Dubai'

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Dubai residential sales continue slide in Q4

Dubai’s residential sector experienced further declines during the fourth quarter (Q4) of 2015 over the previous quarter, marked by a four per cent drop in sales rates and lower volumes, a report said.  The sector is ex

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CBRE named leasing agent for Bahrain office tower

CBRE, a leading real estate advisory firm, has been appointed as the leasing and marketing consultants by Gulf Electronic Management Systems Company for its commercial office tower in Bahrain International Investment Park (BIIP).

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Qatar, UAE in top 10 for global property spend

Outflows from Qatar and UAE into global direct real estate stood at $5.24 billion and $4.54 billion respectively in the first half (H1) of 2015, ranking the Gulf countries in the fifth and seventh positions, a report said. While r

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Abu Dhabi residential rents down on weak demand

The Abu Dhabi property market showed signs of fragmentation in the third quarter as average residential rental prices saw a slight quarterly decline with demand levels having weakened, said a report. The average residential market

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