Cityscape Intelligence

From Cityscape Intelligence

17 Mar 2011 90% of O14 sold with an occupancy rate of 25% United Arab Emirates, Dubai – 15th March 2011 – H&H Investment & Development (H&H), a Dubai based boutique property developer, officially ann…

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H&H Launches AED 300 Million development in Business Bay

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Investing in non-agricultural land

by admin on March 17, 2011

From Cityscape Intelligence

17 Mar 2011 Pinkesh Teckwani, Head – land  and industrial services (West India), Jones Lang LaSalle India Buying land can be a time-consuming and expensive affair. Not only can the initial phase of bu…

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Investing in non-agricultural land

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Dubai boutique property developer announces project at Business Bay

March 17, 2011

17 Mar 2011 H&H Investment & Development (H&H) officially announced the launch of their latest commercial development, O14, at an exclusive event held at the tower.  Strategically located in the cente…

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Ibn Battuta Gate apartments on the market

September 21, 2010

20 Sep 2010 Dubai-based property management company Asteco, has announced the apartments at Ibn Battuta Gate are now available for lease, offering residents a perfect balance between comfort and con…

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Company plans to set up new manufacturing plant in India

September 21, 2010

21 Sep 2010 General Electric plans to hire 3,000 techies and invest USD 50 million in a new manufacturing plant in India. The President and CEO of GE India, John L Flannery, said the company expects…

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Moody’s: Lebanese banking outlook stable

March 18, 2010

18 Mar 2010 A report by a Middle East finance group suggests the credit outlook for the banking sector in Lebanon is stable. Moody’s Investors Service has published its Banking System Outlook on Le…

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Moroccan mortgage lender ‘hoping for 2010 resurgence’

March 18, 2010

18 Mar 2010 Moroccan mortgage lender CIH is seeking to cut costs and return to an estimated ten per cent profitability figure in 2010. Shares tumbled this week after the firm reported an 83 per cen…

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South Koreans looking to Islamic financing

March 18, 2010

18 Mar 2010 Investment firms in South Korea are increasingly looking to Islamic financing as an alternative revenue stream. Such was the predominant view among attendees at a seminar held in Seoul …

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Historic hotel brand to open in Qatar

March 18, 2010

18 Mar 2010 A renowned international hospitality group will open its first hotel in Qatar in the second quarter of 2010. Kempinski Residences & Suites, which is one of Europe’s oldest luxury hotel …

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Singapore moves to increase real estate confidence

March 18, 2010

18 Mar 2010 Singapore has taken moves to ensure all estate agents in the country have personal indemnity (PI) insurance from next month. The move is designed to promote confidence in the property s…

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Qatar agreement to build sustainable environment for the future

March 17, 2010

17 Mar 2010 An agreement has been signed in Qatar to ensure the sustainable development of the built environment, concentrating specifically on energy and water conservation. A memorandum of unders…

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Malaysia ‘could lose out on FDI’

March 17, 2010

17 Mar 2010 Japan’s ambassador to Malaysia has warned the country could lose out on foreign direct investment (FDI) if current economic conditions prevail. Masahiko Horie told assembled journalists…

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Dubai Real Estate – Indian Investors To The Rescue?

March 17, 2010

17 Mar 2010Sanjay Dutt, CEO – Business, Jones Lang LaSalle Meghraj Post the Dubai real estate market crash, there has suddenly been a resurgence of interest by foreign investors there. A not inconsi…

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Saudi real estate yields 8% per annum since 2007

March 17, 2010

17 Mar 2010 Kingdom avoids boom bust cycle of some Gulf markets – Cityscape Intelligence launches first Saudi residential and commercial price index in eighteen districts  Dubai-based Cityscape Intel…

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$800m mall opens in Dubai

March 17, 2010

17 Mar 2010 A new shopping centre development worth over $800 million opened in Dubai yesterday (March 17th). The Mirdif City Centre has been built by shopping outlet specialists Mijid Al Futtaim P…

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TASWEEK Real Estate Marketing & Development study outlines future drivers for UAE property market

March 17, 2010

17 Mar 2010Location, quality, amenities, infrastructure with competitive financing solutions among key factors Tasweek Real Estate Marketing & Development, a property adviser and solutions provider in…

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Ominvest chairman: Oman’s time has come

March 16, 2010

16 Mar 2010 Oman is ripe for investment and the sultanate should be at the forefront of international property minds, according to a company chairman. Giving a keynote speech on the opening day of …

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State-owned firms break china land price record

March 16, 2010

16 Mar 2010 Two state-owned firms have caused controversy in China by purchasing land at record prices. Fears of a property bubble had previously forcesforced the government to introduce calming me…

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Oman expansion for UAE firm

March 4, 2010

04 Mar 2010 ICT firm CNS has announced it is expanding its operations in Oman with the opening of a new office in Muscat. The firm, which offers system integration and managed services, wants to ex…

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Bahrain to come under CNN spotlight

March 4, 2010

04 Mar 2010 Bahrain will be in the spotlight of CNN International from next week as the broadcaster explores the kingdom in its latest iList series. The country’s economy, politics, culture and soc…

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Asian property prices ‘continue to rise’

March 3, 2010

03 Mar 2010 Government intervention is failing to slow down property price rises in Asian markets, reports one news source. Measures taken by the administrations in China, Singapore and Hong Kong h…

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Villamar @ the Harbour ‘set for 2011 completion’

March 3, 2010

03 Mar 2010 Kuwait construction firm Gulf Holding Company (GHC) has announced the Villamar @ the Harbour project is on course to be completed by the end of 2011. Work on the three towers of the dev…

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Knight Frank Property Search now available on the App Store

March 3, 2010

03 Mar 2010 Knight Frank, the leading independent global property consultancy, today announced that its Knight Frank Property Search App is now available from the App Store. The app enables users to s…

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Oman’s growth ‘good for construction and real estate’

March 3, 2010

03 Mar 2010 Projected growth figures for Oman’s economy over the next year could provide a boost to the country’s real estate and construction sectors. Kuwaiti-based thinktank Global Investment Hou…

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Kuwait real estate drops 34% in January

March 3, 2010

03 Mar 2010 Figures released by National Bank Kuwait (NBK) indicate a 34 per cent drop in registered real estate contracts issued during January compared to December. The bank indicated the fall wa…

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New law to ‘clean up’ Qatar’s property market

March 3, 2010

03 Mar 2010 Qatar is to introduce a new law aimed at providing better regulation of the property and real estate markets, according to a report. The Peninsula says a draft of the law is with the co…

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Saudi bureaucracy deterring foreign investors, expert warns

March 2, 2010

02 Mar 2010 Foreign firms are being deterred from investing in Saudi real estate projects by excessive amounts of red tape, experts meeting at a conference in Jeddah have suggested. With potential …

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Singapore property ‘still affordable’

March 2, 2010

02 Mar 2010 Property in Singapore remains affordable, despite a recent increase in prices, experts have said. According to writers from the department of real estate at the National University of S…

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Qatar’s Education City rail construction ‘to begin this month’

March 2, 2010

02 Mar 2010 Construction will begin this month on the rail network for Qatar’s flagship Education City project and is due to be completed in three years. The trains will help to reduce congestion a…

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Dubai at crossroads to improve legal framework

February 8, 2010

09 Feb 2010 Dubai must ensure a robust and transparent legal framework for creditors in order to ensure its long term future as an international financial centre, according to a leading expert. Khalid…

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Central India ‘ripe for real estate development’

February 8, 2010

08 Feb 2010 Property developers should turn their attention towards central India, a new report has suggested. A paper written by analysts at Jones Lang LaSalle Meghraj stated that low to mid-price…

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China’s GDP ‘to grow 10% in 2010′

February 8, 2010

08 Feb 2010 China’s gross domestic product (GDP) will grow by around ten per cent this year, a new report has forecast. According to the Centre for Forecasting Science, which is part of the Chinese…

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UAE office rents ‘around the highest in the world’

February 8, 2010

08 Feb 2010 Commercial real estate rents in the United Arab Emirates (UAE) remain close to being the highest in the world, two new reports have revealed. According to global real estate firm Knight…

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New Saudi Arabian mortgage lender granted state funding

February 8, 2010

08 Feb 2010 A new real estate mortgage company is to receive a large slice of funding from the state’s Public Investment Fund (PIF). Around 20 per cent of the two billion Saudi riyals ($533 million…

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Cityscape Dubai now ‘Global’

February 8, 2010

08 Feb 2010 Cityscape Global is now a true reflection of the event and its future direction says organiser  Cityscape management announced today (Monday 8 February 2010) that Cityscape Dubai has been …

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Moroccan economy expands 6.1 per cent in Q3

November 4, 2009

04 Nov 2009 The economy in Morocco grew by 6.1 per cent during the third quarter of 2009, according to figures released by the government. Data from the High Planning Commission (HPC) indicated tha…

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Qatar’s economic growth to accelerate next year

November 4, 2009

04 Nov 2009 Emir Sheikh Hamad bin Khalifa Al-Thani has claimed that the rate of economic growth in Qatar is likely to accelerate during the following fiscal year. He said the country is set to enjo…

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Lebanon’s economic growth to reach 7% next year

November 4, 2009

04 Nov 2009 The growth of the economy in Lebanon will rise to seven per cent during 2010, it has been claimed. According to the Institute of International Finance (IIF), the Middle Eastern country …

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Phuket ‘is attractive because its underdeveloped’

November 4, 2009

04 Nov 2009 The fact that Phuket is underdeveloped is one of the most attractive elements of its real estate market to investors. This is the opinion of Robert Krause, founder of Professional Prope…

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Qatari Diar ‘close to finalising deal in Vietnam’

November 4, 2009

04 Nov 2009 Qatari Diar Real Estate is set to start a mixed-use project in Vietnam once the deal has been finalised. According to Hassan Alfadala, chief executive officer of the firm, this is set t…

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Cranes removed from Burj Dubai

November 4, 2009

04 Nov 2009 Burj Dubai, the world’s tallest building, no longer has any cranes working on it, it has been claimed. Emirates Business 24/7 cited a source “close to the project” who stated that the l…

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Bahrain’s economy ‘boosted by tourism’

September 1, 2009

01 Sep 2009 Bahrain’s economy has received a boost as a result of the large numbers of tourists travelling to the Middle Eastern country, it has been suggested. According to figures from Manama-bas…

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IHG continues expansion in Saudi Arabia

August 12, 2009

12 Aug 2009 InterContinental Hotels Group (IHG) has continued its expansion in Saudi Arabia by opening a new property in Al-Khobar. The 180-room Holiday Inn Al-Khobar Corniche is the hospitality gr…

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HBTF’s profits ‘hit by property market slowdown’

August 12, 2009

12 Aug 2009 Housing Bank for Trade and Finance’s (HBTF) profits have been hit by problems in Jordan’s real estate market, it has been claimed. A recent Department of Lands and Survey report showed …

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Buyers complain about Dubai Properties

August 12, 2009

12 Aug 2009 State-owned Dubai Properties is the subject of a series of complaints from buyers at its Executive Towers at Business Bay project. Property investors and end users who had agreed to buy…

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GFH Capital Raising To Strengthen Balance Sheet And Drive New Period Of Growth

August 11, 2009

12 Aug 2009BANK OF AMERICA MERRILL LYNCH APPOINTED AS GFH FINANCIAL ADVISOR AND CORPORATE BROKER Manama, Bahrain:  GFH announced today their plan to raise up to US$ 300 million of fresh capital, desig…

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GFH Announces Second Quarter Results

August 11, 2009

12 Aug 2009Manama, Bahrain: Gulf Finance House (GFH), the leading Middle Eastern Islamic investment bank today announced its results for the second financial quarter of the year. The Bank reported a n…

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Land & General announces change of focus

August 11, 2009

11 Aug 2009 Kuala Lumpur-based Land & General has announced it is to focus more of its efforts on property in the coming years. The company had been involved in a wide variety of industries, but ha…

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