Bloomberg Prologis Inc., the world’s largest owner of industrial real estate, would like to buy more property in the U.K. That’s unlikely to happen until the country decides whether it wants to stay in the European Union in June. “For the sake of another quarter, let’s just wait,” Ben Bannatyne, president of Prologis in Europe, said in an interview at ...

Dubai / Emirates Business A slowing economy hasn’t had any sort of impact on Qatar’s residential rental market, with a 7 per cent gain last year following on from the 14 per cent annual growth experienced in 2014. But rental growth numbers are starting to pick up some slack, according to a CBRE report. Growth “during the second half of ...

Muscat / Emirates Business As many as eight international companies have been pre-qualified to bid for developing independent water projects (IWPs) at Salalah, Shaqiyah and Duqm. The Oman Power and Water Procurement Company (OPWP) , which oversees the procurement of all new electricity generation and water desalination capacity in the country, said that these firms comprise a consortium of International ...