Dubai’s Damac renames Versace-cobranded tower in London
Nine Elms Property Development Ltd, a subsidiary of Damac International Limited, has re-branded its premier residential project in London. …
Property & Real Estate
2490 articles found
Gulf real estate investors hit by new UK residential tax
The UK government has introduced a new tax on the purchase of additional residential property, raising concerns that Middle Eastern…
Greenman raises €31m for German investment
Greenman Investments, a Dublin-headquartered property investment firm and asset manager, has raised €31 million in conjunction with RiverCrossing, a UK-based…
London Remains Top Investment Location For Middle East Despite Brexit Fears
Wealthy Middle Eastern investors still rank London as their top city of choice for real estate investment, despite increased uncertainty…
Iranians To Spend $8.6bn On Overseas Properties
Iranian ultra-high-net-worth private and corporate/state backed buyers will spend up to £6 billion over the next five to 10 years…
Saudi ambassador sues Irish ‘fraudster’ for £25m
The developer behind plans for Europe’s tallest residential building has been dismissed as a fraudster by a Saudi ambassador who…
61% of UAE High Net Worth Individuals Set to Invest in Global Real Estate in 2016, says Cluttons
Despite global economic volatility over the past year, which contributed to multiple downward revisions for growth forecasts, investment appetite among…
Saudi central bank raises home buyers' loan-to-value limit to 85%
Saudi Arabia's central bank will allow mortgage companies to supply a greater share of funding for home purchases, raising the…
Bahraini banks acquire key US real estate portfolio
A consortium of Bahrain-based lenders Venture Capital Bank (VC Bank) and Seera Investment Bank has acquired a major real estate…
Bahrain Bourse creates REITs market
Bahrain Bourse has issued a resolution in respect of the creation of the real estate investment trusts (REITs) market and…
Stonehill Capital Said to Block $1.2 Billion Limitless Deal
U.S. hedge fund Stonehill Capital Management LLC is blocking a second restructuring of a $1.2 billion loan in Dubai-based developer…
Aberdeen enters Abu Dhabi financial centre
Aberdeen’s founder and chief executive, Martin Gilbert, told The National: “We went to Singapore in 1992 when everybody else was…