The United Arab Emirates' first REIT is planning to raise at least 500 million dirhams ($135 million) through an initial public offering.
Bahrain's Al Salam Bank has announced the launch of a real estate investment trust that invests in Asian properties.
Multi-national companies are demonstrating interest for international expansion into new markets.
Record levels of activity were recorded in the EMEA real estate outsourcing market over the last 12 months, according to a new report from CBRE. The number of EMEA corporates requesting information to outsource their real estate function increased 40 percent.
Israel's largest real estate investment company has raised $107 million in a public offering.
Emaar Properties, Dubai's largest property developer, has announced a joint venture with Dubai World Central for a commercial development project close to the emirate's 2020 World Expo site.
Dubai-based developer Emaar Properties has banned real estate agents from "flipping" homes before completion in order to create more stability in a market some still consider fragile.
Five years after the Dubai home market crashed in spectacular fashion, Dubai developer Damac Properties is preparing an initial public offering which will gauge investor's belief in the Dubai recovery story.
The long-running saga of two Australian property executives charged with fraud in Dubai appears to be over. On Sunday a Dubai court of appeals acquitted Matt Joyce, who once served as managing director of Dubai Waterfront.
Dubai-based developer Emaar Properties, builder of the world's tallest building, is planning a $3 billion mixed-use development in the Iraq region of Kurdistan. The 541,000-square-meter project in the regional capital of Ebril will include 15,000 residences.
Dubai's recovering property industry may be one of the beneficiaries of the upcoming opening of a new international airport, which officials hope will one day be the busiest airport in the world.
The prominent role of real estate is increasingly recognized in the wider debate on climate change, and in today's society it is impossible to place real estate outside the context of the environment.
Real Madrid FC owns Cristiano Ronaldo, Gareth Bale and the respect of La Liga, but the football club won't be building an island resort in the United Arab Emirates anytime soon. Real Madrid president Florentino Perez has confirmed the project is not going to happen.
Majid Al Futtaim plans to spend about Dh1 billion ($272.3 million) to upgrade the Mall of the Emirates in Dubai, in the latest escalation of the battle for mall customers in the emirate. The renovation of the Mall will include a new fashion district.
Anywhere from 20 to 40 percent of the world's tallest building are capped by wasted space, according to a new study by the Council on Tall Buildings and Urban Habitat. The study focused on what the CTBUH calls "vanity height,"
Like a drunken sailor who can't stop telling tall tales, Dubai is once again making grand announcements about mega-projects that will astound the world. Close your eyes and it's like 2006 all over again.
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