Bloomberg A long-simmering trade dispute between the US and Canada over lumber is heating up, increasing the cost of building houses and causing American businesses to hunt for supplies in other countries. A detente between the normally friendly neighbors expired in October, and a new agreement isn’t on the horizon. That’s contributed to a more than 20 percent surge ...
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DUBAI / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, on Tuesday announced the launch of sales of the third edition of the Arabella Townhouses (Arabella 3) in response to high customer demand. The launch of sale of Arabella 3 comes in the wake of an enthusiastic market response to Arabella 1 ...
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Abu Dhabi / Emirates Business His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, on Tuesday opened ‘Cityscape Abu Dhabi 2017’ at Abu Dhabi National Exhibition Centre (ADNEC) which is regarded as the key barometer for the region’s property sector, Cityscape Abu Dhabi acts as a platform for developers, investors, real estate professionals ...
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Abu Dhabi / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, visited the Mubadala Real Estate and Infrastructure stand on Tuesday at this year’s Cityscape Abu Dhabi. Mubadala Real Estate and Infrastructure unveiled the masterplan for Arzanah, a new community development designed to become the new urban destination of Zayed Sports City. The ...
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Bloomberg The world’s hottest property stocks are to be found in China as tougher measures to cool real estate prices fail to deter investors. Chinese companies account for nine of the 10 best performers this year on the Bloomberg World Real Estate Index. Among members of the MSCI China Index, Country Garden Holdings Co., Sunac China Holdings Ltd. and ...
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ABU DHABI / WAM Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has announced the launch of ‘The Bridges’, a 1,272 unit, AED1.3 billion, mid-market residential development. Capitalising on the demand for this type of product, Aldar will release one of the towers for sale at Cityscape Abu Dhabi. Property prices will start from AED450,000, ...
Read More »DUBAI / WAM The 19th Annual General Meeting (AGM) of Emaar Properties PJSC on Monday declared a cash dividend of 15 per cent of the share capital, equivalent to AED 1.074 billion (US$ 292 million), for distribution to the company’s shareholders. The AGM also approved the report of the Board of Directors on the activities and financial position of Emaar, ...
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Bloomberg Singapore home sales surged to the highest monthly total for nearly four years in March, a month in which the government rolled back some property curbs following a three-year slide in prices. Developers sold 1,780 units in March, the most in a month since June 2013 and more than double the 843 sold in the same period last ...
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Abu Dhabi /Â WAM Mubadala Development Company and Eshraq Properties are exploring opportunities for establishing a joint real estate development company in Abu Dhabi following the signing of a Heads of Terms Agreement. The two parties agreed on a range of principles relating to the potential joint venture to jointly develop plots in Abu Dhabi owned by Mubadala on Al ...
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Abu Dhabi / Emirates Business Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, and Emaar Entertainment, the leading operator of exceptional and unique leisure and entertainment business of Emaar Properties PJSC, announced a partnership that will see Yas Mall become the home of Abu Dhabi’s first KidZania, the legendary children’s edutainment centre. KidZania®, ...
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