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NYC’s luxury-apartment glut hits landlord Equity Residential

  Bloomberg A cool-down in Manhattan’s apartment-rental market is hitting the bottom line of Equity Residential as the landlord is forced to offer concessions to tenants who suddenly have a lot of competition to choose from. “New York City just turned very quickly and more deeply than we expected,” Chief Operating Officer David Santee said on a conference call on ...

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Creating comfy, desirable destinations

  Our Correspondent / Emirates Business Aldar Properties PJSC is the leading real estate developer in Abu Dhabi with US$10 billion in assets, a 75 million sq-mt land bank, and through its iconic developments, it is one of the most well known in the UAE, and in wider Middle East region. From its beginnings in 2005 till today, Aldar continues ...

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Hashtag Digital: Leveraging from past experience

  Our Correspondent / EMIRATES BUSINESS Digital commerce is the fastest moving industry in the world , especially in South East Asia. It has become the torch-bearer for the genX and millenial dreamers to make it big as an entrepreneur with the fast mushrooming of start-ups in an uprecendented scale. As a ‘new’ industry, not so many professionals can claim ...

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