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real estate

Aug 12

More Lebanese showing interest in buying property: Byblos Bank survey

The Lebanese seemed more inclined to invest in new properties thanks to the low interest rates on mortgages, a new survey by Byblos Bank showed. “The results show that the index posted a monthly average of 52.3 points in the second quarter of 2017, constituting an increase of 20.2 percent from 43.5 points in the first quarter of the year and a rise of 34.3 percent from 38.9 points in the second quarter of 2016. Further, the results for the second quarter of 2017 constitute the 17th-highest level in 40 quarterly readings,”......

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Aug 05

Housing refugees from Greece, Italy and Lebanon may take months

It could be several more months before the Government secures extra accommodation to locate refugees and asylum seekers scheduled to come here from Greece, Italy and Lebanon.

Despite criticisms about accommodation"...

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Aug 04

Madison Realty Capital Provides $300.0 Million Construction Loan for Ceruzzi Properties’ Luxury Condo Development at 138 East 50th Street

(ME NewsWire)-- Ceruzzi Properties (Ceruzzi) and Madison Realty Capital (MRC) announced the closing of a $300 million construction loan for completion of a major mixed-use development at 138 East 50th Street in the Midtown East neighborhood of"...

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Aug 01

SELECT GROUP Awards Main Contract for Jumeirah Living Marina Gate

SELECT GROUP Awards Main Contract for Jumeirah Living Marina Gate

UAE based Select Group has appointed ALEC, the multi award winning company for the main works of Jumeirah Living Marina Gate, its flagship waterfront development in Dubai Marina. The current contract valued at AED 600 million brings the total project"...

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Jul 27

RAK Properties Reports Record Half-year Results

RAK Properties Reports Record Half-year Results

Leading property development firm RAK Properties PJSC has announced record half year results, with revenues exceeding (AED 211 Million). The reported half-year figures reveal an increase from (AED 39 Million) to (AED 62 Million) in net profits"...

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Jul 18

Arabia CSR Network to host GRI and CSR trainings from Sep to Dec

Arabia CSR Network to host GRI and CSR trainings from Sep to Dec

The Arab Region’s leading think tank and sustainability centre Arabia CSR Network will hold a host of trainings in the second half of 2017. Starting with a certified training on GRI Standards in July and a few more of the same in September"...

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