News: abu dhabi property investment

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

Lack Of Financing Continues To Cripple Dubai’s Property Market

Lack of lending continues to cripple Dubai’s property market, stalling or stopping many projects, according a grim prognosis from a recent Middle East Investment Summit. Plans for new development are scarce, even in the comparatively thriving capital of Abu Dhabi. See the following article from Property…

KLIFD pact delay may be due to land issue

ABU Dhabi’s Mubadala Development Co’s entry into an agreement with 1Malaysia Development Bhd (1MDB) yesterday to participate in developing a multi-billion-ringgit commercial project in Kuala Lumpur came some four months after the announcement on the collaboration was earlier planned. Mubadala yesterday said it is ready to participate in building the RM26 billion Kuala Lumpur International [...]

Dubai Residential Property Vacancy Rates Drop by 25%

Experts have reported a surprise fall in vacancy rates in Dubai, after an unexpected but much needed “summer rush”. Residential vacancy rates fell 25% from 11% to 8% according to analysis of the PropertyFinder.ae website by Peter Cooper, editor of Arabian Money an independently published Dubai investment newsletter. “It is a big shift,” said Cooper, [...]

Did Afghanistan Elites Use Aid to Buy Lavish Dubai Properties

The Telegraph has unearthed what looks like proof that Hamid Karzai and other senior members of his family, who are also in high ranking positions in the Afghan government or business world have been complicit in the misappropriation of funds given as aid for the impoverished Afghan state. Afghanistan relies on international aid to pay [...]

Lodhas sell 10% in tallest residential project in Mumbai

MUMBAI: Real estate firm Lodha Developers has raised Rs 500 crore by selling a 10% stake in a project to develop a 117-storey residential tower in Mumbai to HDFC Venture Funds. “The deal shows the investor’s appetite for quality real estate projects in India,” said Abhisheck Lodha, the managing director of Lodha Developers. HDFC Venture [...]

1Malaysia Development picks project partners

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB), the agency tasked to develop most of the government land, is identifying partners to draw up a masterplan for its Bandar Malaysia and Kuala Lumpur International Financial District (KLIFD) projects in the city. Shahrol Halmi … ‘Those selected should have credible track records, be transparent and bring international experience.’ [...]

Sunway confident of record profit this year

Sunway Holdings Bhd expects a record net profit this year, driven by new business and healthier margins from all its five core divisions, managing director Yau Kok Seng said. These include construction, property development, trading and manufacturing, quarry and building materials. The construction division, which has RM3 billion worth of jobs in hand, is bidding [...]

Merril Lynch Predicts 15% Dubai Property Price Drop This Year

Bank of America Merrill Lynch has just issued one of the starkest predictions ever on Dubai’s residential property market. A report by the firm estimates that prices will fall 15% this year, as a 44,000 unit supply overhang forces a correction to current price levels. "Even if all qualifying expats from Abu Dhabi and Sharjah [...]

China’s housing market: Boom or bubble?

Enormous investment opportunities lay in the emerging superpower, says Cityscape Asia 2010 China holds enormous opportunities for investment as its economy surges, say leading economists and investment experts at Cityscape Asia 2010 in Singapore yesterday. Speaking at a keynote session on evaluating the economic outlook for China 2010 and beyond, David Wong, Chief Economist at [...]

Press Release: Asian Real Estate submerges the West

Asia said to be the hot new region for investment opportunities at Cityscape Asia 2010 Asia is today an exciting investment destination, due to stronger fundamentals and a lack of dependence on foreign demand, say leading economists and investment experts at the opening day of Cityscape Asia 2010 in Singapore today. More than 3,000 real [...]