News
Lodha UK’s Lincoln Square in London attracted a significant number of buyers from the Middle East, especially from the UAE, according to a top executive of the company. The subsidiary of India’s Lodha Group managed to sell 20 per cent of the total units released so far to Middle Eastern investors since its launch earlier…
Over the years, developer Kleindienst has been beavering away on the design plans for its The Heart of Europe (THOE) development, the first major project to materialise in Dubai’s The World islands. The six-million-sq-ft master-plan development comprises six islands connected by bridges. With a combined capacity for 15,000 people, the six islands have changed names…
The phenomenon of globalisation has been around for a while, and all economies, regardless of scale and location, are subject to forces that continue to shape and reshape them. Real estate markets globally are feeling the effects of a general decline in global economic growth. The world is still, after some eight years, trying to…
Office rents in Dubai continued to come under pressure in the third quarter of the year as companies retrenched staff and considered future strategy. According to the latest Dubai Office Report from Core Savills, average office rents in nearly half (six) of the submarkets the broker analyses fell during the three months to the end…
Owning a home is a keystone of wealth… both financial affluence and emotional security.