UAE's first residential Reit launched

The UAE’s first residential real estate investment trust (Reit) has been established to tap improving yields after two years of price declines. The company behind Emirates Reit has teamed up with Al Hamra Real Estate Development and National Bonds to create the investment trust that will comprise about 500 homes in Dubai and Ras Al

Continue Reading →

Construction work to start at Dubai Properties' 1/JBR tower

Dubai Properties has appointed Dubai Contracting Company (DCC) as the main contractor for its 1/JBR project, a 46-storey tower that has a development value exceeding Dh1 billion. The developer and the contractor held a signing ceremony at the site on Sunday to mark the start of the main construction on the tower, which will contain

Continue Reading →

Al Maryah Central mall developer seeks tower funds

The developer behind the planned US$1 billion Al Maryah Central mall in Abu Dhabi is searching for investors to help finance the construction of two towers next to the shopping and entertainment complex. Gulf Related, a joint venture between Gulf Capital and the US developer Related Companies, has said that it is on the lookout

Continue Reading →

India government moves to boost affordable housing

MUMBAI // In Mumbai, there are many families that make the streets their home. Too poor to pay for accommodation in the overcrowded city, they eat, sleep and raise their children on the pavement. Similar scenes are found across the country. India’s prime minister, Narendra Modi, has promised to alleviate this situation, setting a target

Continue Reading →

...1020...2829303132...405060...