Global Cross Border Real Estate Capital Flows Decline in Q1, Down 21% Over Last Year
According to a new report by Jones Lang LaSalle (JLL), global direct commer... Read More
TOP STORY | Middle East and Africa Commercial News
First REIT in United Arab Emirates on the Drawing Board
The first real estate investment trust in the United Arab Emirates is expected to be launched this year with about $27.2 million (100 million dirhams) in seed capital. As a first step towards creating the REIT, National Bank of Abu Dhabi states in a news release from Dubai that it is setting up a fund and partnering with Gulf Investment Corp. of Kuwait to find properties in the UAE. The fund will be converted to a REIT.at an undetermined later date when an initial public offering will be announced. Read More
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PROPERTY OF THE DAY | COMMERCIAL
(New York, NY) - Diamond District Elevatored Loft Office Building for Sale 33 West 46th Street is a nine story, elevatored commercial loft office building in the heart of Midtown Manhattan in the Diamond District. Approximately 57% of the property is vacant and/or operating on a month-to-month basis.... Read More
HEADLINES
Dubai's Burj Khalifa Tower to Hold Online Auction for Full Floor Corporate Space
Dubai's sluggish commercial real estate market is getting international att... Read More
Islamic Owned Real Estate Values Grow to Estimated $1.1 Trillion in Middle East, Asia and Africa
Hardly noticed by the televised daily violence in the Middle East, Asia and... Read More
Sluggish Global Commercial Markets Start in 2012 to Improve in Second Half of Year, Says C & W Report
According to global commercial real estate firm Cushman & Wakefield's lates... Read More
Cairo's Commercial Real Estate Market Enjoys Activity Increase Post Arab Spring, Yet Challenges Remain
According to Jones Lang LaSalle's (JLL) latest Cairo Real Estate Overview, ... Read More
Global Office Rent Index Rose 5% in 2011, Office Capital Value Index Rose 8%
According to CBRE's latest Global Office Rent and Global Capital Value Indi... Read More
Russian Bear Shows Teeth in Global Office Market, Moscow Rents Spike 41%
According to Cushman & Wakefield's Office Space Across the World 2012 repor... Read More
London, New York, Paris Benefited Most from Cross-Border Commercial Investment Activity in 2011
Based on Jones Lang LaSalle's Year End 2011 Global Capital Flows Report, th... Read More
Beijing is World's Fastest Rising Office Rental Rate Growth Market
Based on a new global office market report by Cushman & Wakefield, Asia-Pac... Read More
London, Tokyo, New York and Hong Kong Lead List of Top 30 Real Estate Investment Cities of the World
As world leaders gather at the World Economic Forum annual meeting in Davos... Read More
Global Commercial Real Estate Investment Up 25% in 2011%, Over $400 Billion Placed
Global commercial direct real estate investment proves resilient in 2011, s... Read More
Abu Dhabi's Yas Mall Sign Five Retail Brands
Abu Dhabi-based Aldar Properties announced today that five major UAE retail... Read More
Saudi Arabia's Kingdom Tower Announced, World's Newest Tallest Tower
This week Chicago-based Adrian Smith + Gordon Gill Architecture announced t... Read More
Abu Dhabi's Trust Tower Starts Office Pre-Leasing Program Ahead of 2012 Completion
Abu Dhabi-based Aldar properties announced this week that Trust Tower, the ... Read More
Europe, Middle East and Africa Posting Office Rent Increases
If the office rent sector worldwide is any barometer, things must be improv... Read More
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