Sunday , October 22 2017

Real Estate

‘Hong Kong, Shanghai property at risky level’

Bloomberg Asian property prices have reached risky levels, especially in Sydney, Hong Kong and Shanghai, according to S&P Global Ratings. “Asset prices, especially property prices, today are as stretched as they were before the Asian crisis,” Elena Okorochenko, head of Asia-Pacific ratings said at a conference in Singapore on Wednesday. ...

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Chinese property buyer Cindat to join $660mn QHotels deal

epa06152604 The Gongbei Port for immigration and customs checkpoint building sits on the Chinese side of the border with Macau, residential buildings in the background, in Zhuhai, Guangdong Province, China, 19 August 2017 (issued 20 August 2017). Zhuhai, one of China's Special Economic Zone, is located at the western end of the Hong Kong-Macau-Zhuhai Bridge, a series of bridges and tunnels which will connect Hong Kong with Macau and Zhuhai when completed at the end of 2017.  EPA/STR

Bloomberg China’s Cindat Capital Management is joining an acquisition of QHotels Group valuing the UK hospitality company at more than $660 million, people with knowledge of the matter said. Cindat, which focuses on overseas property deals, is negotiating a joint purchase of QHotels with UK investment firm Aprirose, according to ...

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Bloom Properties updates on range of its key Abu Dhabi, Dubai projects

Bloom Towers (1) copy

Dubai / Emirates Business Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is marking an impactful participation at the 16th edition of Cityscape Global 2017, providing investors, home buyers and visitors at the definitive exhibition with construction updates on its diverse range of ...

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Dubai property sector entering a new cycle of growth: DAMAC

Mr Hussain Sajwani Chairman DAMAC Properties copy

Dubai / Emirates Business During a visit to region’s biggest property event, DAMAC Properties Chairman, Hussain Sajwani, sees Dubai’s maturing property sector entering a new cycle of growth. DAMAC has significant presence at the 16th Cityscape Global 2017 with a 528 square meter stand. DAMAC’s first-half year sales performance, the ...

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MAG PD’s investment value in UAE hits AED9.8 billion in H1

MAG 230 - Image 2 copy

Dubai / Emirates Business MAG Property Development (MAG PD), the property development arm of MAG Group, has announced that it will showcase five real estate projects at Cityscape Global 2017, the world-leading real estate exhibition that will take place at the Dubai World Trade Center (DWTC) from September 11-13. Talal Moafaq ...

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