Jones Lang Lasalle sees greater competition in Riyadh’s real estate sector
Jones Lang LaSalle issued a real estate market overview on KSA’s Riyadh covering the first quarter of 2012. The findings...
Real Estate
House prices and rentals in Riyadh continue to increase
Home prices and rents in Saudi Arabia’s two largest cities increased during the first quarter amid limited residential supply and...
Lebanese Arabian Construction Company acquires Gefinor Center for US$ 100 million
The Gefinor Center has been sold to Lebanese firm Arabian Construction Company (ACC) in a deal estimated to be worth...
Dubai property turns corner heading up
Oxford Business Group (OBG) is claiming that Dubai’s property market has turned a corner, with the residential sector having “posted...
Kurdistan Region of Iraq needs 5,000 new homes a year
Iraqi Kurdistan needs to spend 200 billion dinars ($172 million) a year on homebuilding, an adviser to the housing ministry,...
UAE’s Gulf Capital to inject US$ 267 million in Saudi Arabia’ property market
Abu Dhabi's Gulf Capital will enter Saudi Arabia's real estate market with a US$ 267 million investment plan in the...
Abu Dhabi’s two largest developers close in on $15bn merger deal
Aldar Properties and Sorouh Real Estate, Abu Dhabi's two largest developers, moved a significant step closer to a US$15 billion...
Real estate sales in Kuwait rise by 50%
The value of real estate transactions in Kuwait rose by nearly half, year on year in the first three months...
Real estate in Ras Al Khaimah moves forward
Despite difficult conditions in the real estate market following the global economic downturn during 2009 and 2010, Ras Al Khaimah...
Two new companies to boost Saudi housing sector
The Saudi Ministry of Housing unveiled plans to establish two separate companies to boost the growth of the Kingdom’s housing...
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