Tuesday , May 23 2017

Real Estate

Mubadala and Eshraq Properties to form joint real estate company

mubadala copys

  Abu Dhabi / WAM Mubadala Development Company and Eshraq Properties are exploring opportunities for establishing a joint real estate development company in Abu Dhabi following the signing of a Heads of Terms Agreement. The two parties agreed on a range of principles relating to the potential joint venture to jointly ...

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Yas Mall to host Abu Dhabi’s first KidZania


  Abu Dhabi / Emirates Business Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, and Emaar Entertainment, the leading operator of exceptional and unique leisure and entertainment business of Emaar Properties PJSC, announced a partnership that will see Yas Mall become the home of ...

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Hong Kong home prices near peak as risks mount

epa05794551 A general view of commercial and residential buildings as seen from Victoria Peak in Hong Kong, China, 15 February 2017. The city skyline on the Hong Kong island side features a dense concentration of residential and commercial buildings where many international banks have their headquarters.  EPA/JEROME FAVRE

  Bloomberg Hong Kong housing prices are close to their peak and economically “unsustainable,” said Cusson Leung, managing director at J.P. Morgan Chase & Co.’s Asia Pacific equity research unit. Price increases in the world’s most expensive home market have outpaced Hong Kong’s gross domestic product growth “significantly” since 2009, ...

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Bloom Properties to lease 225 residential flats in Abu Dhabi


  Abu Dhabi / Emirates Business Bloom Properties, a Bloom Holding subsidiary dedicated to developing sustainable and integrated urban communities, announced the leasing of 225 exclusive upscale residential apartments in Bloom Marina, the premium waterfront destination located in Abu Dhabi’s Marina Al Bateen area. Bloom Residences consists two residential buildings ...

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