Dubai residential rents drop 3% during Q2, according to ADIB Real Estate Report
The majority of the new supply was added along the Sheikh Mohammed Bin Zayed road, with the International Media Production…
Property & Real Estate
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Abu Dhabi Investment Authority buying Irish hotels
ADIA has teamed up with Irish developer Chartered Land to buy the two former Jurys and Berkeley Court hotels, which…
Ezdan Holding’s H1 profit jumps 20%
Robust core earnings, supported by fast expansion of rents and dividends as well as containment of operating expenses, helped Ezdan…
TECOM Investments and Amlak Finance launch off-plan Islamic financing for Villa Lantana homes
Amlak will offer financing up to 50 per cent of the property value prior to project handover, with the option…
JLL appoints Head of Integrated Facilities Management for Middle East and North Africa
JLL announced today the appointment of Phil Batty as the new Head of Integrated Facilities Management for Middle East and…
Eskan Bank mandates SICO to list debut REIT
Eskan Bank said it has appointed Securities & Investment Company as lead arranger for the first real estate investment trust…
ROI Land Investments to Acquire Land in the Heart of Dubai
ROI Land Investments Ltd., a diversified real estate land development investment company, announced today that it has entered into a…
Bahrain's Arcapita buys part of Abu Dhabi property project for $200 mln
Arcapita, the Bahrain-based investment management firm, has acquired part of Saadiyat Beach Residences, a residential real estate complex in Abu…
Eskan Bank to list first real estate investment trusts in Bahrain
Eskan Bank has appointed Securities & Investment Company (SICO) as lead arranger for the first real estate investment trust (REIT)…
Al mazaya posts aed 49.65m profits
Al-Mazaya Holdings announced a AED 49.65m net profit for the first half of 2015, up 32.1% on the corresponding period…
Chestertons launches operations in Saudi Arabia
Chestertons, the international property agency established in 1805, has launched its operations across Saudi Arabia by entering into a joint…
Barwa Real Estate arranges Shari'ah-compliant finance
The signed contract aims to refinance an outstanding Islamic financial liability of Barwa Real Estate, over seven years from the…