News: uae property investment

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

International Property News Beat – Carlos Slim’s Mansion, Brazil Real Estate & Property Bubbles

China’s Real Estate Bubble Threatens to Burst [Spiegel] The World’s Richest Man’s New Mansion [Forbes] Billionaire Slim’s Firm Pays $44 Million for Landmark Manhattan Mansion [Bloomberg] The Aftermath Of The Global Housing Bubble Chokes The World Banking System [Business Insider] Reckless Europe beats reckless America at property bubbles [Telegraph] Brazil’s Government Focusing More On Attracting [...]

Distressed Property Transactions Expected To Grow In Most Countries

Distressed sales continue to threaten the progress of market recovery across the globe, particularly in the US, UAE and Ireland as banks work to clear out loans. The number of nations with rising distressed sales is likely to grow in the second quarter, while only a minority of markets including Australia…

Distressed Property Transactions Expected To Grow In Most Countries

Distressed sales continue to threaten the progress of market recovery across the globe, particularly in the US, UAE and Ireland as banks work to clear out loans. The number of nations with rising distressed sales is likely to grow in the second quarter, while only a minority of markets including Australia…

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 [...]

Faber eyes RM1b revenue from overseas this year

INTEGRATED facilities management (IFM) and property developer Faber Group Bhd hopes its revenue from overseas will reach RM1 billion this year, by expanding on its non-concession income base. The group will continue to focus on its businesses in the UAE and India to expand its non-concession income base, especially in the areas of bio-medical engineering [...]

LIC Housing Finance to focus on projects for senior citizens

The company will launch one retirement home project in each state every year LIC Housing Finance Ltd (LICHFL), the housing finance arm of state-owned Life Insurance Corp. of India (LIC), plans to enter the retirement home business with the launch of two projects in Bhubaneswar and Jaipur. “Every year, LICHFL plans to develop housing projects [...]

LIC Housing Finance to focus on projects for senior citizens

The company will launch one retirement home project in each state every year LIC Housing Finance Ltd (LICHFL), the housing finance arm of state-owned Life Insurance Corp. of India (LIC), plans to enter the retirement home business with the launch of two projects in Bhubaneswar and Jaipur. “Every year, LICHFL plans to develop housing projects [...]

Rakeen eyeing major investments in India

UAE-based realty major Rakeen has announced plans to launch integrated mega township projects in India, it was revealed to Property Pulse. In an exclusive interview with Property Pulse on the sidelines of just concluded Realty Plus Conclave 2010 held in the Capital, Dr. Khater Massaad, Executive Chairman, Rakeen and CEO, RAK Investment Authority (RAKIA) said [...]

Pearl Investment to open 10 hotels in India, GCC countries

Dubai-based diversified group Pearl Investment has said it plans to open 10 hotels in the Gulf Cooperation Council (GCC) countries and India with an investment of 500 million dirhams (USD 136.15 million) over the next five years. The group announced the plans as it embarked on celebrating its 10 years of operations in the UAE. [...]

Pearl Investment to open 10 hotels in India, GCC countries

Dubai-based diversified group Pearl Investment has said it plans to open 10 hotels in the Gulf Cooperation Council (GCC) countries and India with an investment of 500 million dirhams (USD 136.15 million) over the next five years. The group announced the plans as it embarked on celebrating its 10 years of operations in the UAE. [...]