Overseas Property Investment

The most recent abu dhabi property investment news from a variety of international property news sources.

Kuala Lumpur: 1Malaysia Development Bhd (1MDB), the government-owned firm in charge of setting up the Kuala Lumpur International Financial District (KLIFD), has picked Akitek Ju-rurancang (Malaysia) Sdn Bhd and its international partner, Machado Silvetti and Associates (MSA), as the project’s master planners. The US$8 billion (RM23.7 billion) KLIFD, one of Malaysia’s biggest projects, aims to [...]

In the continuing brand wars of hotel management companies Singapore-based Banyan Tree has been replaced by Thailand’s Anantara for the management of the Eastern Mangroves Hotel & Spa in Abu Dhabi.

Abu Dhabi is seeing significant drops in residential rental prices due to increased supply and the inability of people to gain financing. Some areas are experiencing decreases as much as 5 to 10% in the second quarter, although analysts suspect prices will turn around as more people who make the commute…

Growth in new rental property combined with an exodus of renters is causing rental property prices and values to fall in the United Arab Emirates and the trend is set to continue, according to analysts. The report by Kuwait-based Global Investment House indicates that prices have fallen 56% in Dubai…

The new merged Sunway entity will be among the largest property and construction players in the region, with more focus on overseas projects and branding, particularly in China and Singapore. The new Sunway entity, which is expected to be listed on the Main Market of Bursa Malaysia in the third quarter of this year, is [...]

The country renowned for its explosive growth, particularly in record-breaking real estate, was not immune to the global financial crisis. Property prices plummeted, with the largest firms halting sales completely. Sales and rentals in Dubai and Abu Dhabi are now leveling off and are projected to…

Abu Dhabi and Dubai are likely to benefit from political unrest in other parts of the Gulf by way of the property market. The area is seen as a safe haven in the region for investors. Read more about this in the full article from PropertyWire. Property markets in Dubai and Abu Dhabi are set [...]

Abu Dhabi-based Tasweek Real Estate Marketing and Development is buying a minority interest in property developer Superboom Projects Sdn Bhd. Superboom is developing the RM250 million high-end condominium project named The Haven Lakeside Residences in Ipoh, Perak. The deal was signed last weekend. Superboom chief executive officer Peter Chan declined to specify the stake size [...]

Dubai seemed to bear the brunt of the recent real estate crash, but upscale projects like Palm Jumeirah have held their own while new supply is sending rents down sharply in Abu Dhabi. In both Arab emirates, commercial tenants enjoy the upper hand and upgrading is the new trend among residential buyers…

Developers in Dubai are slowly returning to stalled projects, despite a 20-month property backlog that threatens to further erode prices. Vacant property levels are just as bad in neighboring Abu Dhabi, where developer desire to see rental income is fueling some project completions. See the following…