September 2016 Post referendum uncertainty has compounded the impact of successive tax rises on values in London’s prime housing market and will delay the sector’s return to growth, according to international real estate adviser, Savills, which issued revised five year forecasts. The firm anticipates that the city’s highest value homes market will continue to adjust
September 2016 During its 2nd day participation at the Cityscape Global 2016, Tilal Properties, unveiled Tilal Mall, Sharjah’s biggest and major upscale commercial and retail destination located at the heart of its flagship project “Tilal City”. The unveiling ceremony showcased the final masterplan of Sharjah’s new ritzy-built mega mall with the presence of HE Sheikh
September 2016 Shapoorji Pallonji (SP) International Property Developers, constituting a significant segment of one of India’s oldest business conglomerates, is making an entry in the region as property developers and adding value to Dubai’s construction market, which is set to increase to Dh181 billion next year from about Dh162bn this year ahead of Expo 2020.
September 2016 RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, has revealed details of its latest development with an investment of AED5 billion. The new major development of Ras Al Khaimah’s Mina Al Arab was revealed during Cityscape Global 2016, the Middle East’s leading international real estate
September 2016 Nakheel has unveiled Ibn Battuta Residences, a new, landmark twin-tower complex with 531 luxury apartments, to be built next to Ibn Battuta Mall. The project, launched on the first day of Cityscape Global real estate exhibition, will transform the skyline of Jebel Ali with two 48-floor buildings anticipated for delivery in Q4 2019.