GCC real estate market to see $1bn in investments in five years from Investcorp

Alternative investment firm Investcorp plans to invest up to $1bn in the GCC real estate market over the next five years, the...

Property

Lead Development introduces ‘The Souk’ on Jubail Island

‘The Souk’ has been unveiled by real estate development firm Lead Development. Taking shape on Jubail Island, the destination will serve as...

Construction

dnata breaks ground on $14mn cargo warehouse in Iraq

Global air and travel services provider dnata has broken ground on a $14mn cargo warehouse at Erbil International Airport (EBL) in Iraq....

Construction

Fit-out costs in key office markets continue to rise

Fit-out costs in key office markets around the world have continued to climb with inflation, according to leading property expert Savills. Increased...

Property

Demand for Grade A office space in key UAE markets rising says Knight Frank

Knight Frank has revealed that the demand for Grade A office space is continuing to rise, along with occupancy levels. It also...

Property

Betterhomes purchases full floor in Motor City office tower

Real estate brokerage Betterhomes has inked a deal with Emirates NBD Properties to acquire a full-floor of office space in the Control...

Interior Design

Albal Design unveils “UAE’s first science-based” interior design concept

UAE-based design firm Albal Design has launched what's billed as the UAE’s first science-based concept, Tafaseel. It is said to transform any...

Construction

EDAMAH breaks ground on Sitra Logistics Park

EDAMAH has said that ground has been broken on the new Sitra Logistics Park, which is billed as a world-class warehousing facility...

Financial

$670mn added to its backlog in Q3 2022 says Orascom Construction

$670mn worth of new contract awards were added to Orascom Construction’s backlog in Q3 2022, the firm has reported. The Cairo-based firm...

Industry News

Andrew Elliott appointed to lead new commercial division at Chestertons

Real estate services firm Chestertons has appointed Andrew Elliott to lead its new commercial office, retail and industrial sales and leasing division....