Property
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Qatar residential rental market up 7% in 2015 – CBRE
Rental growth during the second half of 2015 was at 5%. Real estate adviser CBRE has reported a 7% year-on-year rise in...
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Abu Dhabi’s Aldar announces new formula to calculate dividends
Dividend to be based on underlying cash flow performance. Abu Dhabi’s Aldar Properties has announced the introduction of a new formula to...
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Qatar grade A office rents stable – CBRE
West Bay area expected to remain at epicenter of office market . Prime rentals for grade A office space in Qatar remained...
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Aldar becomes Abu Dhabi’s first licensed master developer
Department of Municipal Affairs urges other developers to follow suit. Aldar Properties has received a master developer license from the Abu Dhabi...
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Damac to sell first Aykon City hotel rooms overlooking Dubai Canal
Rooms in 63-storey block start at $270m. Damac Properties today announced the sales launch of the first hotel rooms at its Aykon...
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Abu Dhabi property law ‘will boost investment in real estate’
New regulations mean expat residents will be more likely to invest. Abu Dhabi’s new property law is set to boost growth in...
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Turkey tops ranking of property price rises
Prices rose by 18.4% in 2015, Knight Frank global index finds. Property prices in Turkey rose by the most globally last year,...
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Kuwait’s Action Hotels opens new hotel in Australia
Ibis Styles in Brisbane is the tenth hotel in firm’s portfolio. Kuwait’s Action Hotels has announced the opening of the Ibis Styles...
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Corporate demand driving growth for Cairo hotels – Colliers
The Suez Canal expansion last year created widespread demand. Cairo’s tourism and hospitality sector has been resilient over the last year, recording...
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Bahrain’s Investcorp buys US office building for $180m
Real estate acquisitions over last year worth more than $1.5bn. The Bahrain-based Investcorp has announced that its US real estate arm has...