Month: November 2017

Vincitore Real Estate Development completes its Palacio residential project in Dubai with 175 units

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Reading time: < 1 MinuteIn the presence of more than 700 guests, Vincitore Developments announced the completion of its flagship residential project, Vincitore Palacio, during a ceremony organized by the company to celebrate this major milestone, which represents a major step towards realizing a pioneering vision in the field of real estate development in providing distinctive and affordable properties. The project, which offers freehold ownership of 175 units consisting of spacious studios, ... Read more

Consortium of Agility, United Projects (UPAC) and Wataniya Real Estate completes $1.2 billion Reem Mall project

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Reading time: 2 Minutes    With an estimated value of $1.2 billion, a consortium of Agility, United Projects for Air Services (UPAC) and National Real Estate Company (NREC), the consortium behind Abu Dhabi's Reem Mall, has completed the financing of the project by signing the UAE's largest credit facility for a real estate asset in 2017. With this ... Read more

Gulf Real Estate REIT denies rumors of strategic owners selling their units

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Gulf Real Estate REIT

Reading time: < 1 MinuteThe Gulf Real Estate Ownership REIT has denied what was recently reported in some local newspapers that strategic unit owners in the fund are selling their investment units in the fund, stressing that this news is completely unfounded and confirms its denial in full and calls on all newspapers and media outlets to verify the validity of the information from its correct sources before publishing it, and the fund manager reserves his right to ... Read more

Auctions of Al Rajhi's estate and Ministry of Housing products have revived purchasing power and restored confidence in the real estate market

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Reading time: 2 MinutesMany reasons led to the increase in the value of real estate transactions that took place during the month of Safar 1439 AH, amounting to 17.4 billion SAR, an increase of 5 % compared to the same period last year, foremost among them is the remarkable decrease in prices, which activated the market movement, in addition to the confidence that returned to the sector with the success of the real estate auctions of the estate of Sheikh Saleh bin Abdulaziz Al Rajhi, which were organized ... Read more

Emaar Properties launches Club Villas at Dubai Hills Estate with 144 villas awaiting investors

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Reading time: < 1 MinuteEmaar Properties has launched Club Villas in Dubai Hills Estate, next to the world-class golf course. The project features a limited collection of three- and four-bedroom residences available in five different exterior designs, with all units featuring a spacious living room, lounge, entertainment and dining area. The project includes 144 villas ... Read more

Al Rajhi's fourth estate auction sells 12 properties and pumps SAR 295.5 million into the real estate market

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Reading time: 2 Minutes  With the announcement of the results of the fourth Al Rajhi auction, which achieved a total value of 295.5 million riyals during the sale of 12 properties in Riyadh, the auction revealed the thirst of the real estate market to make real estate deals and invest in the opportunities that are offered, driven by intense competition to inject capital into the sector, which enhances confidence in market cohesion and gives positive indicators for the future of real estate. The auction was attended by a large number ... Read more

Out of 69 schemes. The Developer Services Center approves 58 plans with the Ministry of Municipal and Rural Affairs

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real estate - building permits - projects - residential real estate development - projects - schemes - residential projects

Reading time: < 1 Minute The Ministry of Housing, represented by the Developer Services Center, revealed that 58 plans have been approved by the Ministry of Municipal and Rural Affairs, out of 69 plans, and is expected to complete the approval of the remaining plans during the coming period, according to the regulations and procedures adopted by the program. In this regard, Mohammed bin Saud Al-Ghazwani, General Supervisor of the Completion Center, explained that the procedures of ... Read more

Articles... Dr. Hossam Youssef writes: Crisis Management

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Management - Intelligence - Management Science - Real Estate

Reading time: 2 MinutesIt is no secret that crises and issues may hit institutions, organizations, and sometimes countries, and crises vary and vary from economic crises to political, administrative, and other classifications, and despite their ideological differences, all types of crises share the same general characteristics, that they occur suddenly and confuse everyone, and hinder rapid dealing with them, and the lack of information ... Read more

Amlak's Turkish Real Estate Exhibition kicks off on Thursday, November 23 and showcases investment opportunities and ownership systems

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Reading time: < 1 MinuteWith the participation and coverage of Amlak Real Estate Newspaper, Istanbul has completed its preparations to receive the fifth edition of the Amlak Real Estate Exhibition 2017 in Istanbul, which will be held from 23 to 26 November at the CNR Expo Exhibition Center. The exhibition is considered one of the specialized real estate review platforms in Turkey and brings together the most important and strongest companies in the world of real estate and construction, ... Read more

Reports: Smart cities and megaprojects to boost the construction industry by $2 trillion in 2020

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Reading time: < 1 MinuteSpecialized reports have predicted the growth of the construction sector in the Arabian Gulf region to reach a value of nearly $2 trillion in 2020, and the reports issued by Keen Research for market studies indicated that smart cities and mega projects are driving the growth of the construction sector in the region. Smart cities and mega-projects are fueling the growth of the construction industry in the region. Read more

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