Real Estate MENA Edition
Latest News
Saudi-listed NCB Capital's REIT fund mulls expansion of Al Andalus Mall
Study examines adding an external F&B space and a parking building
Reportage Properties to deliver 1st phase of Rakan Lofts in Q1 2022
Rakan Lofts is designed to provide ample environment-friendly spaces
Reacap aims to raise real estate investments
The company plans to increase real estate investments with periodical return generated from leasing and maintenance activities
Manama Central Market rent rise delayed for two years
It follows a written plea by merchants, who argued they could not afford higher stall rents.
UAE property insights: Removing upper age limit for mortgages could spur demand
A circular was issued by the UAE central bank in October remove the maximum age limit requirement as at the time of last repayment.
Egyptian Real Estate Group set due & distribution date of stock split
The issued capital will be distributed over 40mln shares
Al-Baha posts 66% rise in Q3 profits
The company reported a 65.95% increase in profits
U.S. housing starts rebound; permits highest in over 12 years
Housing starts increased 3.8% to a seasonally adjusted annual rate of 1.314mln units last month
Egypt’s Orouba Misr Development launches phase II of its debut in Alexandria
The project spans over 50,000 square metres in four phases
Global construction, real estate deals top $61bln in Q3
In value terms, North America led the activity with deals worth $25.26bln
Insights
Hong Kong property crash may hurt less this time
Hong Kong private home prices fell 1.8% in September from a month earlier
Indian realty gets into 'festive' mood
Close to 30-40% of yearly sales in property generated during this short period
Realty bites: Indian property slump leaves beleaguered banks exposed
The number of property developers falling into bankruptcy has doubled during the past nine months
