Real Estate MENA Edition
Latest News
Bloom Holding eyes expansions in Saudi, Egypt
The company plans to expand in education, utilities, and housing sectors in the kingdom
Nshama launches cloud-based customer portal
Nshama aims to create elegantly master-planned neighbourhoods that are smart, interconnected and tech-driven
SmartOwner launches hospitality portfolio
The first portfolio is focused on the high-growth Asia-Pacific region, and will launch in Dubai
Kuwait’s real estate sales strong in Q1
Sales in March rose 38% y/y, 87% m/m and were the highest since December 2014.
ADIB secures financing for $27mln UK real estate takeover
Lateral House is a modern Grade A office building featuring 95,317 square feet of net lettable commercial office space
Nakheel awards $121.7mln bridge works contract
12-lane bridge connecting the Dubai mainland with Deira Islands is scheduled for completion in 2020
Mulkia REIT acquires 4 properties for $18.25mln
The properties include Vivienda Villas, a commercial residential complex in Alhada district in the capital city of Riyadh
Al Sayyah to invest $272mln in Dubai
The property developer aims to implement the project within two years
UAE's Musanada finalises 55% of residential project in Al Ain
The 300 units will be allocated for the country's local citizens.
Marseilia Group to inject $1.1bln in Egypt
Marseilia has submitted a request to acquire 100 feddans
Insights
Assad's property law hits hope of return for Syrians in Germany
New Law 10 gives Syria right to expropriate property
What does the future hold for Dubai's property market?
The current weakness of the US dollar presents buying opportunities for international investors
Low price, high rent yield: Best time for expats to buy property in Dubai?
Mortgage buyers are advised to secure the home of their dreams before repayment costs increase