Dubai / Emirates Business HMG Properties Group, one of the fastest growing real estate companies in the GCC, has announced that it has carried out a massive restructuring of its leadership team, to better focus on its core activities and increase profitability for the company. HMG Properties, which develops and sells luxury residential and commercial properties across the GCC, Egypt, …

BEIJING / Bloomberg China Everbright Holdings Co. and a unit agreed to buy a commercial building in Hong Kong for HK$10 billion ($1.3 billion), adding to the number of Chinese companies mopping up real estate in the world’s most expensive office market. They are buying Dah Sing Financial Centre, a top-tier office building in the Wan Chai district, which will …

Doha / Emirates Business Single expatriates in Qatar can expect more housing options as some real estate agents seem willing to offer them flats vacated by families, it is learnt. As some middle-income expatriates have reportedly left the country or are planning to send their families back home, flats occupied by them – or targeted at such residents – are …