Topic
104 stories
Emirates-based real estate firm, CORE, on Tuesday said that it has partnered with a Chicago-based commercial real estate firm Cushman & Wakefield to expand its services in the UAE and GCC region. Effect immediately, CORE will be rebranded as ‘Cushman & Wakefield Core’ aligning their shared vision and commitment to innovation in the global real […]
Dubai’s secondary property market is said to display signs of a slowdown, recording a drop of 10.2% in August 2023, compared to a year ago after experiencing explosive growth on the back of high investor demand, based on a report of Zawya news agency. Despite the persistently high levels of inflation in the global economy […]
Century Casinos Inc said it completed the sale of its four real estate assets to subsidiaries of Caesars Palace Las Vegas owner, VICI Properties Inc for CAD 221.7 million (USD $162.4 million) in cash, on late Wednesday. The company said with closing of the deal, Century Canadian Portfolio was added to the existing triple-net master […]
Real estate bridge lender Calmwater Capital said it will buy Florida-based Banyan Cay Resort & Golf Club on Wednesday. With completion of the deal, U.S. Real Estate Credit III, affiliate of Calmwater Capital has introduced financial and professional resources to reopen the golf course and club and complete the hotel, spa and fitness complex said […]
Global real estate consultancy, Knight Frank MENA released the Africa Horizons 2023/24 Report, an analysis that highlights Africa’s remarkable post-pandemic recovery. With a focus on Egypt, this report reveals a renewed surge in global interest in the continent, underscored by substantial investment commitments from major global powers including the US, UK, South Korea, UAE, Saudi […]
The residential sector in Dubai recorded its busiest year thus far, with a spike in half-yearly property transactions recorded, according to a report released by global real estate service provider Savills. The transactions surged 44 per cent in the first half of 2023, as compared to a year earlier to touch 57,700, which when split […]
One of the leading real estate developers in Dubai, Deyaar has announced positive financial results for the first half (H1) of 2023, recording a 77 per cent increase in profits to touch AED 118.5 million compared to AED 66.9 million during the same period in 2022. Also, the net profit in Q2 2023 increased by […]
As per the latest report released by the Department of Municipalities and Transport (DMT), Abu Dhabi’s real estate market shows sustained growth momentum, driven by investor optimism to record 10,557 property transactions, amounting over AED46.33 billion in the first half of 2023. The department’s half-yearly report indicates that all kinds of land, buildings, and real […]
Dubai is one of the most cosmopolitan cities in the world, with people from all over the world calling it home. If you want to taste the world, Dubai is the place to be. There are several cuisines to choose from, and you will undoubtedly be able to fulfill your favorite cravings. Whether you prefer […]
According to CBRE research, Dubai has had “record levels” of demand for residential properties, with transaction volumes reaching 8,515 in February 2023. This represented a 43.8% increase from the prior year and was the highest February figure ever. The average yearly asking rent for flats was AED99,737 and that for villas was AED295,436 as of […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, Prime Stay Vacation Homes Rental L.L.C bagged two awards in the real estate sector – one […]
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed a wonderful gathering of global award winners from the best organizations of the world. One of the esteemed participants, Damac Properties LLC bagged the Best Mixed Use Developers 2022 award. Business Tabloid was proud and […]
