SEDCO Capital exits Germany's ABC West
Mubasher: Global Sharia-compliant asset manager, SEDCO Capital, has exited German-based ABC West, a multi-let office property, achieving an internal rate…
Property & Real Estate
2485 articles found
Dubai homeowners find it's not easy changing property managers
Property owners in Dubai are finding it’s not easy to change their property management firms… and especially those ones owned…
Saudi property firm Amlak plans first post-coronavirus Riyadh IPO
Saudi Arabian real estate financing firm Amlak International said on Sunday it will float 30% of its shares in Riyadh,…
Dubai's Deira City Centre set to open new section after $102.6mln revamp
Majid Al Futtaim, a leading shopping mall developer and leisure pioneer in the region, has announced that work is nearing…
Dubai developer gets 'locked out' of own project by contractor
A developer in Dubai has been "locked out" out of its two completed projects in Dubai, after a dispute escalated…
Coronavirus impact: UAE banks plan 10-15% cut in workforce
In the UAE, hospitality, real estate, retail and professional services sector have mostly seen layoffs in the last few months…
Dubai property prices are just 10.4% away from 2009 levels
Property prices in Dubai are down almost 30 percent from the market peak in September 2014 and are just 10.4…
Dubai Headquarted Emirates NBD Bank and property start-up Urban partner to enable monthly rental instalments
Emirates NBD has partnered with property technology start-up Urban to create a first of its kind financing program for UAE…
Amlak Finance unable to complete debt restructuring agreement
Dubai-based real estate finance company Amlak Finance has been unable to execute a debt-restructuring agreement because one of its creditors…
UAE property owners beware – Developers reclassifying projects will cost them
Property owners in the UAE must not let developers change the classification of their near-complete projects just because they have…
Al Ruwad Real Estate appoints Alaa Masoud as General Manager of sales and marketing
Al Ruwad Real Estate has appointed Alaa Masoud as General Manager of marketing and sales. Alaa is an expert in…
Union Properties subsidiary announces $408.4m legal figh
A subsidiary of Dubai-based developer Union Properties has launched a $408.4 million (AED1.5 billion) legal action against an unnamed company…