Study examines adding an external F&B space and a parking building
Rakan Lofts is designed to provide ample environment-friendly spaces
The company plans to increase real estate investments with periodical return generated from leasing and maintenance activities
It follows a written plea by merchants, who argued they could not afford higher stall rents.
A circular was issued by the UAE central bank in October remove the maximum age limit requirement as at the time of last repayment.
The issued capital will be distributed over 40mln shares
The company reported a 65.95% increase in profits
Housing starts increased 3.8% to a seasonally adjusted annual rate of 1.314mln units last month
The project spans over 50,000 square metres in four phases
In value terms, North America led the activity with deals worth $25.26bln
Real estate may be a leading indicator of demographic change in the UAE, as opposed to being driven by it
Emirates REIT's most recent accounts show a cash position of $38 million, while it's market cap closed last week at $209 million