Abu Dhabi, United Arab Emirates: Ishraq Investments PJSC (Ishraq) today announced to its shareholders a sale and purchase agreement with Danube Properties for the sale of the previously announced two plots of land within Jumeirah Village Circle. On October 6, 2022, Ishraq announced the sale of two plots of land in Jumeirah Village Circle in … Read more
New York, USA (CNN) — The past few years have not been great for the wealthy in China, especially for those who made their fortunes when the real estate market was hot earlier in the country. The net worth of Chinese billionaire Hui Kayan, chairman of real estate developer China Evergrande, has fallen by nearly … Read more
Al-Marsad newspaper: “Al-Ekhbariya” channel announcer revealed the readiness of Adair Real Estate Company and bankruptcy trustees to liquidate the “Saudi Oger” company and to launch the second phase of marketing and selling real estate, which is distributed in Riyadh, Jeddah and Taif. He added, the two parties had signed an agreement after the success of … Read more
Al-Marsad newspaper: The Royal Commission for the Holy City of Makkah and the Holy Sites announced the start of evacuating properties targeted for demolition and removal in the “Al-Kidwa” development area located in Al-Masfalah neighborhood in the city of Makkah. The authority explained that the demolition work will take place in conjunction with the separation … Read more
Dubai: «The Gulf»JLL issued its latest report titled “The Real Estate Market in the UAE for the Second Quarter of 2022”, in which it indicated that the hotel sector in the UAE has benefited from the influx of visitors coming from a variety of source markets for tourists, and that the sector witnessed A noticeable … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" considered real estate sector One of the main drivers of the Chinese economy, and contributes about 30 percent of the country’s GDP, but real estate developers are facing a major crisis at the present time, with the sector shrinking and prices falling, after a government campaign on the market targeting … Read more