Overseas Property Investment

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

A Middle Eastern consortium may become the partner for the RM2.5 billion Four Seasons Place Kuala Lumpur, which will occupy a site next to the Petronas Twin Towers.Sources said the group is one of the largest investors in the Gulf region and it is now in talks with project developer Venus Assets Sdn Bhd. The [...]

The Gulf city state’s debt problems offer an important lesson – unpredictable, unsustainable and unclear policies are a no-no. After two difficult years, most come away with the thought that financial markets the world over should have stabilised. Sure, the extraordinary steps taken to stop the panic resulted in flooding the global system with trillions [...]

MALAYSIA, particularly Johor’s Iskandar project, will still be able to attract investments from the Middle East despite the current Dubai debt crisis, experts say. Arlida Ariff, president and chief executive officer of Iskandar Investment Bhd (IIB), believes that there are still investors from that region looking for long-term prospects here. Selective companies from Saudi Arabia, [...]

RIYADH: Saudi Arabia’s Dar Al-Arkan said yesterday it would spend 7.5 billion riyals (100 riyals = RM92.64) over a period of five years on a new residential project in Jeddah. Construction on the new project, which will have more than 10,000 units, will begin in 2010, according to a statement on the bourse website. Dar [...]

BANGKOK: Malaysian contractors, who secured 155 projects overseas worth US$15.57 billion (RM53.5 billion) in the past three years, have won another 16 projects valued at US$1.06 billion (RM3.6 billion) so far this year. Master Builders Association of Malaysia (MBAM) secretary-general Yap Yoke Keong said the Construction Industry Development Board of Malaysia (CIDB) records showed that [...]

SINGAPORE: Singapore’s US$200bil-plus sovereign wealth fund GIC will likely reveal next week if it is moving more money into property, resources and Asian assets after recently cutting its exposure to major Western banks. GIC, or Government of Singapore Investment Corp, is due to release its annual report for the year to March 2009, only the [...]

Despite adjustments because of the worldwide economic downturn, the $5 billion Dubai development called the City of Arabia, is still on track for a phased opening by the end of 2010. Residential buyers have shown strong interest, and the project developers still consider it a good offering for investors…

Missing links – Globe and Mail http://cli.gs/1B8Ra # Emaar Could Trade at Dh5 by Year-end: Analysts Say – Khaleej Times http://cli.gs/Xzjtt # Register now for PIE/PFE Emerging Eastern Europe Property … – Property Finance Europe (Abonnement) http://cli.gs/aB9D1 # Real Estate Spain Guide to Buying Property in Spain – In2town http://cli.gs/bX3J0 # WestImmo eyes future outside [...]

JOHOR BARU: Lembaga Tabung Haji (LTH) is now looking at Europe as part of a strategic investment plan to further expand its property portfolio via subsidiary TH Properties Sdn Bhd. The fund’s chief executive officer Datuk Ismee Ismail said it had explored London and found that the city offered good returns for property buyers. “After [...]

Liquidity markets to decide Cove’s ar… – Emirates Business 24/7 http://cli.gs/sjm4z # Shuaa Capital Gets New CEO – Khaleej Times http://cli.gs/15pnq # Mohammed to open Dubai Metro on Septe… – Emirates Business 24/7 http://cli.gs/HmJu7 # Dubai’s vow of silence over stalled d… – Telegraph.co.uk http://cli.gs/mmmeB # 70 years on, Poland’s WWII wounds hav… – The [...]