News / Global

Post-Pandemic Remote Working Trend Weighs on London’s Office Occupancy

A quarter of companies in the metropolitan shrink their offices, while 18% of companies opt for co-working and flexible office spaces, according to the Bloomberg Intelligence survey of 500 employees in London.

Portugal Ends Golden Visa Program to Address Housing Crisis

The step is part of the country’s measures to confront the housing crisis.

Indonesian Construction Companies Bear Heavy Debts

The debt of Indonesia’s top 4 construction companies skyrockets by 1,200% to $8.6 bn since the incumbent president assumed his office.

BSBG Uncovers Design for 754-Unit JLT Residential Tower

The project is scheduled to be completed by early 2026.

Damac Properties Awards AED 886 Mn Contract to Chinese Company

The project comprises 71 floors including 436 units. It has a development value of AED 2 bn.

Saudi Sany Alameriah Partners with Malaysia’s MGB Berhad

Sany Alameriah is a joint venture between Sany and Saudi developer Alameriah.

US’ McDermott Collaborates on Greece-Africa Power Interconnection

The project is known as Greece-Africa Power (GAP) Interconnector.

Buyers of London’s Luxury Properties from Middle Easterners Hit 4-Year High

According to data compiled by MSCI, foreign dealmakers account for 57% of property investment in London during 2023, compared to 65% in 2015.

Vodafone Group Sells English HQs to Aljazira Capital’s Unit

Vodafone’s buildings are sold to IQON Capital on behalf of Aljazira Capital.

Saudi Arabia’s PIF Partners with Samsung C&T for Tech Solutions

The agreement is set to serve the fund’s projects in Saudi Arabia.

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