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Bahrain-based Venture Capital Bank has purchased a freehold residential development in Central London, the Islamic bank's first real estate transaction outside of the Middle East and North Africa. Read More »
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Private equity company Actis LLP will invest as much as $1.5 billion in African commercial property, hoping to profit from the region's growing middle class. London-based Actis plans to invest in sho... Read More »
To at least one person, Abu Dhabi is the perfect location for a "five star" resort honoring Michael Jackson and the singing, dancing and feuding Jackson family. That person is Jermaine Jackson, Michae... Read More »
Barwa Real Estate announced plans this week to build a $5.5 billion residential and resort project on an island off the coast of Qatar, including five temporary floating hotels to accommodate visitors... Read More »
The Dubai government is imposing new earthquake standards for buildings taller than 10 stories, which could add delays and construction costs to buildings. The regulations require that buildings be ab... Read More »
A $500 million investment fund targeting distressed and stalled properties in Dubai should be operational by the end of the year, according to the fund's chief executive. The fund was promoted as a wa... Read More »
The government of Abu Dhabi is creating a financial free zone on Al Maryah island, hoping to lure international companies away from similar financial centers in Dubai, Qatar and Bahrain. Read More »
As demand grows for central business district properties in major cities in Zimbabwe, the profile for typical tenants is changing. Demand has increased since 2009, improving return for property market... Read More »
All property sectors in Dubai are "positioned in the recovery stage" for the first time since mid-2008, according to a new report from Jones Lang LaSalle. However, the upbeat forecast includes a large... Read More »
As the Egyptian government struggles with political and economic instability, the Cairo real estate market reports improvement in all sectors. Vacancies in Grade A office buildings slid to 20 percent ... Read More »
Expansion will bring a new focus for a Dubai shopping mall known to cater to the city's growing Chinese population. The expanded Dragon Mart mall will strive for an equal mix of international and Chin... Read More »
According to Jones Lang LaSalle capital markets research from 60 countries, global real estate investment volumes in 4Q 2012 rallied, with US$141 billion transacted over the quarter to lift the year's... Read More »
A South African finance firm and a well-known developer are partnering in developing Tiny Town Phase II, expected to be a landmark retail and residential complex when completed in 2014, even though th... Read More »
Broll Property Group, based in the affluent Johannesburg suburb of Sandton and an affiliate of Los Angeles, CA-based CBRE, today has one of the largest commercial real estate management portfolios on ... Read More »
According to Jones Lang LaSalle's third quarter 2012 Global Office Index released this week, reveals a stable outlook for global prime office rental growth in 2013 with the majority of major markets e... Read More »
(Dubai, UAE) -- During a recent awards ceremony held in Dubai, Cityscape Global awarded two Jerde designed projects top honors at the formal event held at the Armani Hotel in the base of the Burj Khal... Read More »
This past week the distinctive and innovative Doha Tower was named Best Tall Building Worldwide by the Council on Tall Buildings and Urban Habitat tonight in a ceremony in the Illinois Institute of Te... Read More »
While talk is growing over niche emerging real estate markets in Africa, two firms have stepped to the plate and are pledging a total $528 million for investment in new development. Nairobi-based Acti... Read More »
In an unprecedented move, Johannesburg-based RMB Westport, South Africa's second-largest financial-services company, announced the property unit of its investment banking arm has raised $250 million t... Read More »
The government of Kenya has selected two China-based companies to build one of the largest grid-connected solar power plants in Africa in Kenya's northwest city of Garissa. The announcement didn't dis... Read More »
According to Cushman & Wakefield's annual Winning in Growth Cities report launched today at EXPO REAL trade fair in Munich, low global interest rates and ongoing risk are luring investors towards comm... Read More »