PIF-owned SRC signs $270m refinancing deal with Saudi National Bank
The Saudi Real Estate Refinance Company, a wholly-owned company of the Public Investment Fund, has signed a joint agreement with…
Property & Real Estate
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Sotheby's International Realty brand opens first office in Kuwait
Sotheby's International Realty has announced the opening of Sotheby's Kuwait International Realty, an Al Sabah family-owned office under the direction…
Dubai Developments signed a contract with Etqan" as a financial and marketing consultant for its projects
Dubai Developments has contracted with "Etqan" for financial and marketing Business Consultancy, a financial and marketing consultant, to support the…
Abu Dhabi developer Aldar plans to deploy more capital this year
Listed developer looks to ‘build scale, enhance diversification’ across its platform Abu Dhabi’s listed developer Aldar Properties will accelerate…
Dubai’s villa price boom won’t continue; prices already slowing down: Knight Frank
Dubai’s villa prices, which were riding high after COVID-19 restrictions eased in 2020, are already slowing down and will continue…
RAK’s Al Hamra earmarks Dhs1bn investment for five-year growth plan
Al Hamra, the Ras Al Khaimah -based real estate development and investment company, has announced an ambitious five-year roadmap –…
DIFC announces proposed amendments to Real Property Law for consultation
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region,…
Macquarie Asset Management appoints real estate capital raising specialist
Macquarie Asset Management has appointed Alex James to lead product development, capital raising and client coverage in Europe, the Middle…
Saudi Amlak renews $177mln loan from SAIB to bolster real estate finance
Saudi-listed Amlak International for Real Estate Finance has renewed its SR665 million ($177 million) credit facility agreement with the Saudi…
Abu Dhabi sees 26.4% reduction in realty service fees in development projects
The Department of Municipalities and Transport (DMT) has revealed that service fees for real estate units’ owners and investors in…
PwC reports hightlights trend in Qatar’s real estate sector
A new analysis by PwC Middle East indicates that five key factors will drive Qatar’s real estate sector in 2022…
Dubai tops 100 international cities in luxury homes price rise: Knight Frank
Luxury home prices rose at fastest rate on record with Dubai leading at 44 percent in a year, according to…