Marriott Sells St. Regis New York to Qatar Investment Authority
Marriott International Inc. has sold the St. Regis New York for $310 million to Qatar’s sovereign wealth fund, offloading a…
Property & Real Estate
2488 articles found
Dubai is facing a real estate paradox that has the industry divided
Ironic as it may sound, for a city that prides itself on towering skyscrapers and a billion-dollar-skyline, Dubai’s real estate…
Abu Dhabi’s real estate sector sees 4.6% growth in last five years
Abu Dhabi’s real estate sector has grown 4.6 per cent over the last five years, with the emirate’s property market…
Dubai opens doors to business startups
Dubai has already established itself as a thriving hub for major global firms, and now it is opening the doors…
London prime property demand from UAE to remain high even after Brexit: Analysts
Appetite for prime properties in London remains high among the UAE residents due to decline in pound as well as…
UAE central bank proposes new real estate lending rules for banks
The United Arab Emirates' central bank has proposed new regulatory measures to prevent banks from over-exposure to real estate and…
Damac acquires land in Dubai for Dh285 million
Damac Properties acquired two plots in Dubai for a total price of Dh285 million as the company eyes expansion with…
Middle Eastern investor buys office building in downtown Bucharest
Corporate Finance House Group an investor from the Middle East, has acquired the company that owns the Day Tower office…
UAE banks propose lending caps amid slowdown in property sector
Banks in the UAE are proposing a cap on lending to real estate companies to prevent overexposure to the sector,…
Egypt- 20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE's mortgage finance initiative
20 banks have injected EGP 24.6bn of funding to finance housing units for 254,200 low and medium-income citizens under the…
India’s banking and real estate woes to hurt Gulf NRIs
India’s ailing banking and real estate sectors together are expected to hurt non-resident Indians (NRIs), particularly those working in the…
Prime Central London Snapshot 2019
According to CORE’S latest Prime Central London Snapshot 2019 “London’s long-term position as a global property investment destination remains unchallenged…