Saturday , September 18 2021

Real Estate

IPS to bring global real estate community together

Dubai / WAM Dubai Land Department (DLD) announced that the first virtual edition of the International Property Show (IPS) in partnership with Invest in Dubai Real Estate (IIDRE) is set to welcome a diverse international audience and bring the global real estate community together, through the IIDRE programme, from November ...

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Investcorp US real estate portfolio grows by $2bn

Manama / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, on Monday announced that it has acquired 32 industrial properties totaling approximately 3.5 million square feet across four major US markets for a total capitalisation of over $280 million. According to the company’s ...

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Dubai South Properties invests AED500m in new staff housing

Dubai / WAM Dubai South Properties announced that investments in its first leasehold staff accommodation development, Sakany, have reached AED500 million, helping to position the project as a regional benchmark for safe and secure housing for blue collar workers. The welfare of residents is central to the Sakany project, reflected ...

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UK plans $1.7bn in building projects to lift virus-hit economy

Bloomberg Boris Johnson’s government will invest nearly $1.7 billion in building projects and provide two billion pounds in energy efficiency grants in an effort to create jobs and rally the pandemic-hit UK economy. Housing Secretary Robert Jenrick said 300 “shovel-ready” projects will receive a share of a 900 million pound ...

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DREI conference to discuss post Covid-19 real estate challenges

Dubai / WAM The Dubai Real Estate Institute (DREI) in Dubai Land Department (DLD) is organising the first virtual real estate conference titled ‘Real Estate post-Covid-19 – Challenges and Solutions,’ in cooperation with a number of entities in Saudi Arabia. The conference, which will be held on August 23-24, will ...

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