Bloomberg Egypt’s government has set a new timeline for the completion of public and middle-income housing units, according to a cabinet statement. The statement went on to say the government has committed to delivering about 300,000 units by the end of 2016. Cairo also plans to deliver about 750,000 housing units by the end of 2018, in addition to the ...

Bloomberg US-based Hill International has won two contracts to provide construction services on real estate and tourism development projects in Saudi Arabia and Morocco. In Saudi Arabia, Hill has been awarded a contract from the local DUR Hospitality to provide services during the construction of the Diplomatic Quarter Marriott Hotel in Riyadh. Hill says its two-year contact has an estimated ...

Bloomberg U.S. apartment vacancies climbed in the first quarter as a flood of newly built units hit the market, slowing the rate of rent increases. Effective rents, or what tenants pay after landlord concessions, rose 4.5 percent in the first quarter from a year earlier, down from 5 percent growth at the end of 2015, Reis Inc. said. The vacancy ...