Exit was secured at a premium at a combined value of approximately $550 million; Assets were spread across five states
real estate investment
Latest in real estate investment
infrastructure investment
Riyad Capital announces $270mn project in Saudi city of Abha
To be built in collaboration with Mdr Development, the Shalalat Abha Project will be spread across an area of 1mn square meters
Brookfield Asset Management
Brookfield, Lunate form $1bn Middle East residential property joint venture
The venture will target build-to-sell and buy-to-sell residential assets in the UAE, Saudi Arabia, and other regional markets
Georgia
UAE investors eye Georgia’s real estate market with 60% RoI potential
Georgia offers investors a combination of economic benefits, including favourable tax policies, straightforward foreign property ownership processes, and consistent economic growth
Artificial intelligence
New UAE tax rule; Dubai announces stormwater infrastructure; UAE approves AI law plan; Mall of the Emirates set for $1.3bn upgrade – 10 things you missed this week
UAE tax rules, Dubai storm infrastructure, AI to create laws, real estate buying tips and more top news stories this week
Blockchain in Real Estate
Real estate tokenisation: Dubai predicted to see $16bn market for digital fractional ownership
The broader investor reach enabled by the tokenisation move could significantly increase property values in Dubai in the long run
Al Fardan Exchange
UAE announces Eid holiday; Dubai Metro station renamed; $1m real estate saving guide; New free zone rules – 10 things you missed this week
UAE Eid holiday dates, Dubai Metro station renamed, real estate analysis, free zone rules updated and more top news stories this week
Azizi Developments
EXCLUSIVE: Azizi reveals massive global expansion plan with ‘five to six’ towers in London, eyes Australia, Canada, France and Germany
While international expansion in underway – Azizi remains confident about both the local and global property markets, citing that Dubai’s ability to attract high-net-worth individuals (HNWIs) will continue to fuel demand
Dubai
Dubai real estate: DLD opens freehold property conversion for Sheikh Zayed Road, Al Jaddaf – everything you need to know
Dubai’s freehold conversion of properties on Sheikh Zayed Road and Al Jaddaf is set to boost investment and attract global buyers – but what does this mean for owners and residents?
Dubai
Dubai REITs take off as investors seek lower cost entry to emirate’s booming property market: Experts
REITs can serve as a strategic hedge against equity market volatility, often performing differently during market downturns
Real Estate
UAE real estate: Is it the right time to invest in Sharjah property? New laws explained, and what experts are saying
Sharjah has introduced new real estate laws extending eviction protections and rent freezes to boost tenant rights and market appeal – but is it the right time to invest?
GCC investors
Select Property unveils exclusive Birmingham development as UAE, Saudi investors eye UK real estate amid visa reforms, interest rate drop
The developer will host an exclusive VIP investor event for the residential development on October 10, offering attendees priority access to a pre-launch discount