Share Tweet Share Whatsapp Email In a diversification and growth push, UAE-headquartered Investment Holding Company Yas Holding has announced the launch of a new real estate division named Taraf, to bring a new standard of luxury, high-quality and uniquely crafted properties to residents and investors, in the UAE and beyond. As a luxury and boutique...
Real estate marketplace Zillow has introduced an instant tour booking feature for renters on its platform. The company now allows users to book an in-person tour directly at a suitable time without having to contact an agent or a property manager. Until now, when someone had to look at a rental property, either they had...
As more investors enter the market as a result of Sharjah’s decision to allow freehold titles, property values in the emirate have increased by 15-20% since October. The rise in valuations may also have been helped by secondary market transactions, particularly of recently transferred properties in prominent neighborhoods. In developments run by Arada and other...
Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters. The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week. Twitter’s office is based near Piccadilly Circus in central London – but reports have suggested that the...
With 45 properties selling for Dh15 million or more in the first 15 days of 2023, it is not a slow start for Dubai’s real estate market. According to the common opinion, the first quarter of 2023 will be just as active for high-value residences as the full year of 2022, when Dubai broke new...
By Xie Yu HONG KONG (Reuters) – Global investors including PineBridge and Pictet are bolstering their exposure to Chinese property developers, betting that a slew of support measure for the crisis-hit sector and the dismantling of COVID curbs are setting the stage for a recovery. Beijing announced aggressive support measures late last year for the...
2022 saw the sale of 219 residences in Dubai for an average price of over $10 million, easily setting a record for the city’s real estate market. The annual total was 20 units or less in the years preceding to 2021 when there were 93 such sales of residences costing $10 million or more. The...
© Reuters. The company logo of Dalian Wanda Commercial Properties Co Ltd is displayed at a news conference on the company’s annual results in Hong Kong, China March 24, 2016. REUTERS/Bobby Yip/File Photo By Scott Murdoch and Clare Jim SYDNEY/HONG KONG (Reuters) -Dalian Wanda Commercial Management raised $400 million in a U.S. dollar bond, a...
Email Sign Up For Our Free Weekly Newsletter According to the findings of CBRE’s latest U.S. Investor Intentions Survey, commercial real estate investors in the U.S. favor opportunistic strategies and are showing a preference for secondary markets in 2023 amid concerns about higher interest rates and tighter financial market conditions. The survey, which covers all asset...
The FTX Debtors, made up of FTX and its affiliated debtors, and FTX Digital Markets (FTX DM), the Bahamian subsidiary of FTX, announced Jan. 6 that they have reached a cooperation agreement regarding the FTX Debtors’ Chapter 11 bankruptcy case in Delaware and the provisional liquidation of FTX DM in the Bahamas. Under the agreement,...