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Sobha Realty announces a Successful Third Quarter

Sobha Realty, a leading premium real estate developer, has announced a successful third quarter, registering a significant increase in international investors compared to the previous quarter and an uptick in investors from the GCC region, mainly India and China

First Virtual Real Estate Exhibition “Vestate Expo” Launched

For the first time, Egypt sees, on October 20, Vestate Expo, the biggest virtual expo in the country hosting up to 50 developers and attracting over 2500 visitors across the MENA region, Invest-Gate reports.

Dubai’s Rasmala Completes Acquisition of DuPont Office for USD39mn

Dubai-based Rasmala has completed the acquisition of a biomedical laboratory and prime office real estate asset in the Netherlands for USD 39.537 mn

UAE’s Al Habtoor Preps for New Office in Cairo

UAE-based business conglomerate Al Habtoor Group (AHG) is putting the finishing touches on its newest office in Cairo, which is set for inauguration by year-end.

Informa Markets Sees Hope in Revival of MENA Real Estate

New data released by Informa Markets, organizer of Cityscape’s Real Estate Summit, has revealed that nearly 73% expect Dubai to see the most growth in the hospitality sector over the next two years, as the UAE opens its doors to tourism, with Abu Dhabi, Turkey, Saudi Arabia, and Egypt in tow.

Nakheel Sells Worth of USD 323 mn Ready-to-Occupy Villas

UAE developer, Nakheel, has sold more than USD 323 mn worth of ready-to-occupy villas since March 2020

Musharaka REIT Buys Dubai’s DMCC Plot for USD 12.6 mn

Saudi-based Musharaka REIT has purchased a 5,400-square-meter land plot in Jumeirah Lakes Towers from Dubai Multi Commodities Center (DMCC), at a total cost of USD 12.6 mn.

Cityscape Egypt Is Back This November

Cityscape Egypt is to take place on November 4 till November 7, says its official press release at the Egypt International Exhibition Centre (EIEC) in Cairo.

ADTIC Announces Renovation of its Egyptian Hotels

Abu Dhabi Tourism Investment Company (ADTIC), a subsidiary of the Abu Dhabi Fund for Development (ADFD), has uncovered a major refurbishment project for its hotels in Egypt, aiming for completion in H2 2021.

Cityscape Presents New Look for Dubai 2020 Show Amid Corona

Informa Markets, the organizer of the multi-market Cityscape portfolio of property events, has announced the reinvention of its Dubai event in 2020, aiming to rebuild growth in MENA real estate, amidst the continuing Coronavirus crisis.

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