Emaar, The Economic City inks $30.2mn leasing deal within KAEC Industrial Valley

King Abdullah Economic City (KAEC) master developer Emaar, The Economic City has inked a contract worth $30.2 million with Public Investment Fund-backed...

Machinery

New UAE draft leasing law ready for approval

Leasing has long been a useful route for businesses to build up assets in other markets but due to a variety of...

Consultant

Wasl begins leasing of new 80-unit residential offering in Dubai

Developer wasl properties has announced the completion of its ‘wasl bay’ development and says that units in the residential structure are now...

Consultant

Nakheel launches new app for investors and tenants

Nakheel has launched a new virtual property assistant that the master developer says will benefit 43,000 of its investors and residential tenants....

Consultant

Kuwaiti parliamentary legislative committee to discuss amendments to real estate law

Kuwait’s parliamentary legislative committee will discuss four amendments to proposals for new laws, related to amending some provisions of Decree Law 35/278,...

Construction

Deyaar to manage and lease Palm Jumeirah

[caption id="attachment_11534" align="aligncenter" width="466"] Deyaar and Tamweel have agreed to work together to manage and lease properties across Dubai.[/caption] RELATED ARTICLES: Ex-Deyaar CEO...

Construction

High provisions hit RAK Properties in Q2

RAK Properties has said its second-quarter net income dropped 30.5% to $6.26m,compared with $9m, on higher provisions for the quarter, as the...

Construction

Cluttons undertakes Segaya Plaza

Real estate specialist Cluttons has been appointed to handle leasing and management of Eskan Bank’s Segaya Plaza, currently under construction in Manama,...

Construction

Owners cannot rent out their flats on ‘short-term’ lease

The Dubai Department of Economic Development (DED) has warned individual property owners in Discovery Gardens against leasing their apartments on short-term basis...

Construction

Cluttons Oman to manage leasing for Bahwan Plaza

Global property consultants, Cluttons, have announced the company’s Omani unit is now managing the leasing for the Bahwan Plaza development. This comes...