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REAL ESTATE

Broker strikes historic real estate deal

January 26, 2020

Broker strikes historic real estate deal

KUWAIT CITY, Jan 25: A broker has struck a historic multimillion real estate deal by selling a huge commercial complex (1,600 square meters) located in Jahra for KD20 million with 7.8 percent return, reports Al-Qabas daily.

It is worth mentioning that the report of Kuwait Finance House (KFH) for the third quarter of 2019 showed"... Continue Reading

Kuwait real-estate sector to flourish in 2020

January 25, 2020

Kuwait real-estate sector to flourish in 2020

KUWAIT CITY, Jan 22, (KUNA): The real-estate sector in Kuwait is forecast to thrive in 2020 against backdrop of noticeable activity in 2019. Bullish trend in the sector is largely attributed to investors’ security concern, hike of demand for housing, investment and commercial units.

Some of the factors expected to stimulate"... Continue Reading

Kuwait real estate sector to flourish in 2020: experts

January 23, 2020

Kuwait real estate sector to flourish in 2020: experts

KUWAIT: Kuwait’s real estate sector witnessed a flurry of transactions in 2019, particularly in private and commercial properties, indeed reflecting a recovery throughout the year. Security of real estate investments has been the safe haven for investors coupled with increasing demand on private, investment and commercial properties.

The"... Continue Reading

Jumeirah Group announces 2020 Mice offers

January 22, 2020

Jumeirah Group announces 2020 Mice offers

Jumeirah Group has announced its diverse meetings, incentives, conferences and event (Mice) offering for 2020 at two of its renowned hotels in Abu Dhabi.

Jumeirah at Saadiyat Island Resort provides a beautiful beach option with luxury ocean views, in contrast to the vibrant downtown location of the acclaimed Jumeirah at Etihad Towers, complemented by panoramic views of the capital.
... Continue Reading

Supply-demand gap pares as sales jump, handovers fall

January 22, 2020

Supply-demand gap pares as sales jump, handovers fall

Green shoots in Dubai's real estate sector are increasingly becoming evident as residential market recorded double-digit sale growth last year while actual supply was lower than projected, reflecting that the gap of supply and demand is narrowing fast.

Data by ValuStrat revealed that a total of 24,613 residential units were"... Continue Reading

Arzan Wealth Achieves Successful Exit of a Class A Office Building In The Netherlands

January 20, 2020

Arzan Wealth Achieves Successful Exit of a Class A Office Building In The Netherlands

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has successfully advised its client on the sale of a Class A office building in the Hague, The Netherlands, achieving strong returns for investors.

The property"... Continue Reading

Unique Group invests in Indian infrastructure facility

January 14, 2020

Unique Group invests in Indian infrastructure facility

Unique Hydra, a unit of Unique Group, a global provider of services and solutions for the offshore, subsea and life support industries, is making a major investment to enhance its diving and life support division in western India.

The 10,000-sq-ft facility in the Indian state of Gujarat will offer assembly and manufacturing services along with a dedicated engineering and design team to support"... Continue Reading

Mammoet completes work on Dubai observation wheel

January 13, 2020

Mammoet completes work on Dubai observation wheel

Mammoet, a global market leader in engineered heavy lifting and transport, has successfully completed its role in the construction of Ain Dubai, the world’s tallest observation wheel.

Developed by Meraas, Ain Dubai sits on Bluewaters in the heart of Dubai and once operational, it will provide residents and visitors extensive views of the iconic city of Dubai and its shoreline.
... Continue Reading

Renting tents to expats opinion differs

January 11, 2020

Renting tents to expats opinion differs

KUWAIT CITY, Jan 9: The opinions of the Spring Camps Committee headed by the Kuwait Municipality and the Federation of Cooperative Associations differed regarding the entitlement of expatriates to exploit the camps designated for associations, reports Al-Rai daily.

The Municipality said some societies categorically refuse to rent"... Continue Reading

Walton Acquires 245-acre Lee Farms Property in Loveland, Colo.

January 9, 2020

Walton Acquires 245-acre Lee Farms Property in Loveland, Colo.

Walton Global Holdings Ltd. and its affiliates (collectively Walton), a real estate investment and land asset company with US$3.8 billion under management and administration, has acquired the 245-acre Lee Farms property located at 4300 Wilson Ave. in Loveland, Colo.

The pre-developed land is slated for a single-family residential"... Continue Reading

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