WORLD PROPERTY JOURNAL
 
Middle East and Africa Commercial News
 
Middle Eastern Wealth to Invest $180 Billion in Global Property Markets

Middle Eastern Wealth to Invest $180 Billion in Global Property Markets

According to global property advisor CBRE Group, Middle Eastern investors are expected to spend over $180 billion in commercial real estate markets outside of their own region over the next decade. Read More »

Bahrain's Retail Sector Top Commercial Market Performer

Bahrain's Retail Sector Top Commercial Market Performer

Bahrain's retail market has remained the best performing sector in the commercial market, with developers capitalizing on the buoyant demand for retail schemes in Manama. Read More »

Geo-Political Unrest Increasing 'Real Estate Risk' in Some Emerging Markets

Geo-Political Unrest Increasing 'Real Estate Risk' in Some Emerging Markets

Real estate risk to both assets and employees is on the rise in several emerging-market economies. Read More »

The Rise of High-Rises

The Rise of High-Rises

Vertical communities are moving ever higher as a new generation of high-rise buildings concentrated mainly in China, the Middle East and South East Asia show developers competing to build to record heights. Read More »


Commercial Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »


Last Updated August 7, 2014 12:30 PM ET

Middle East and Africa Commercial News

This week UAE's Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum announced Dubai's newest mega-project, the Mall of the World, located along Sheikh Zayed Road in Dubai.

Where transparency broadens, real estate capital flows and market change follows. JLL now reports this trend has finally made its way to one of the "final frontiers" of commercial real estate:

According to the latest research from global property advisor CBRE Group, Inc., Middle Eastern investors are expected to spend US$180 billion in commercial real estate markets outside of their own region over the next decade.

Muscat's commercial property market is showing signs of continued stability driven by government investment in transportation and energy infrastructure.

The four largest malls in the Omani capital account for 40% of the total gross leasable retail area across the city.

Abu Dhabi's commercial market has yet to benefit from any economic upturn.

An upsurge in economic confidence following Dubai's World Expo 2020 win, has led to heightened demand for commercial office space

Following the period of unprecedented tensions across the Kingdom of Bahrain, we are finally returning to a sustained period of stability.

International occupiers of office and industrial space have demonstrated renewed confidence in Dubai.

Industrial investment volumes in EMEA totaled €5.6 billion during the fourth quarter, climbing 33 percent.

Global property investment transactions totaled $1.18 trillion in 2013

The United Arab Emirates' first REIT is planning to raise at least 500 million dirhams.

Infrastructure improvements are set to majorly improve Dubai's connectivity in the lead up to Expo 2020.

The construction unit of Dubai builder Arabtec Holding has won a 1.04 billion dirham ($282.33 million) contract.

Bahrain's Al Salam Bank has announced the launch of a real estate investment trust that invests in Asian properties.

Multi-national companies are demonstrating interest for international expansion into new markets.

Record levels of activity were recorded in the EMEA real estate outsourcing market over the last 12 months, according to a new report from CBRE. The number of EMEA corporates requesting information to outsource their real estate function increased 40 percent.

Israel's largest real estate investment company has raised $107 million in a public offering.


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