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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, August 2, 2008

Emaar Luxury Villas In Hyderabad Flourish

Luxury villas bloom in suburbs of Hyderabad
Howrah News Service - Howrah,West Bengal,India
Luxury villas are coming up in large numbers in the suburbs of Hyderabad. More than 25 such ventures are underway in various locations, from Shankarpalli to Shamshabad and from Medchal to Manikonda. ...Luxury villas at the 531-acre 'Boulder Hills Golf' and 'Country Club' complexes built by Emaar MFG Land Ltd are being sold at prices ranging from Rs 8 crore ...Emaar MFG, a joint venture between Dubai-based Emaar group and Delhi-based MGF Ltd, claims that the USP of the complex is the 192-acre 18-hole golf course built according to international standards...

Africa and South America: New Real Estate Projects Move to South Africa and Brazil from Dubai.

Africa's rich resources attract UAE companies
Zawya - United Arab Emirates
Dubai's Istithmar was involved in a $1bn joint venture in South Africa. ...But away from the media spotlight UAE investors have been quietly snapping up assets much closer to home - in Africa. ...Similarly DP World's purchase of ports in Mozambique, Algeria and Djibouti in the past few years largely went under the media radar. The company has established a firm grip on key shipping points along the coastline of Africa. ..."The UAE is strategically located to make inroads into Africa. ...And Istithmar has marched into Africa's tourism industry with a $230m investment in eight Rwandan facilities and the $150m Muyuni Beach hotel project in Zanzibar....
IFA eyes mixed-use resort in Brazil
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
...Phillip de Sylva, IFA HR vice president of operations for African and the Indian Ocean, said the company is currently looking at several locations in the South American country. ..."We are looking at one project to start off with [in Brazil], but there is potential in a very short space of time for much more," de Sylva said in an interview in South Africa. ...The company already has properties or projects underway in Dubai, Lebanon, the United States, Portugal, South Africa, Zanzibar, Kenya, Namibia, Thailand and the Seychelles. ...

Dubai and Real Estate Project Develpoers Moves

Opportunity coming out of africa, developer predicts
Property Wire - St. Albans,England,UK
Kensington Real Estate, a Dubai-based developer, says it is targeting the continent for future projects. The company is planning major projects worth $5bn by 2011 across different locations including Qatar, Morocco, Australia and India, said company director Ashish Thakkar....'Africa is where our aggressive focus is. We're looking at hotel and development projects there. It's the next big thing. What India and China were five years ago is what Africa is today. ...
 
Foreign investors are waiting for signs of distress
Washington Business Journal - Washington,DC,USA
When John Kevill walked into a German real estate client's office last fall, he was only mildly surprised by what he saw on the wall: maps of D.C. and Northern Virginia.... Fadi Moussalli, managing director of the international capital group in Jones Lang's Dubai office in the United Arab Emirates, was on the tour to discuss Gulf investors' real estate fetishes. ...Because the D.C. commercial market is not in desperation mode, those investors are still sitting in the bleachers, waiting for prices to drop and sellers to beg....

Star of Abu Dhabi Means: Najmat Abu Dhabi

Millennium Overseas Property - Dubai - Marina Bay, Najmat Abu Dhabi
Marina Bay is a stunning 25-storey mixed-use tower with residential, retail and prime commercial space. Located in close proximity to two 5-star hotels, Marina Bay offers you exquisite views of the canal that connects the entire development...

Al-Raha Beach and Al-Lissaily Waterfront

Al Raha Beach Development | Orange Real Estate - Orange Property
Al Lissaily is a sensational water front home development that is very exclusive yet easily accessible to all that Al Raha Beach has to offer. ...

Al Raha Beach
Other large-scale ALDAR projects include the eco-friendly Al Gurm Resort - featuring villas set among a mangrove forest, ... khor al raha · al lissaily ...

DAMAC Properties at New Delhi Expo 2008

DAMAC to showcase properties at Int'l Property Expo
Moneycontrol.com - Mumbai,India

DAMAC Properties, the Middle East's largest private sector master developer and luxury lifestyle provider, will showcase its wide range of iconic properties spread across the Middle East at the New Delhi International Property Expo 2008 International Property Expo 2008 exhibition scheduled to be held between 2nd and 4th of August 08 at the Pragati Maidan. ...It will also serve as an ideal platform for developers and real estate agents to engage visitors about their range of properties suiting all budgets. ...

O'Donnell CEO: Nakheel is not only Looking at Dubai.

'Dubai will soon be at the forefront of sustainability'
GulfNews - Dubai,United Arab Emirates
By Suzanne Fenton, Staff Reporter Dubai: As Dubai-based real estate developer Nakheel's chief executive officer, Chris O'Donnell oversees all company ...

Where is Nakheel developing internationally? What are the new hotspots?

We are looking at Eastern Europe and China and that part of Asia....

SPK Setosa Expansion Targets Al-Reem Island

SPK-SENTOSA EXPANSION INTO UAE - ORDER BOOK OF RM500M
Sin Chew Jit Poh - Malaysia
SPK-SENTOSA CORP is quite confident of clinching some construction projects in Abu Dhabi, according to MD -SAIFUL AZNIR SHAHABUDIN. He said this was part of its overseas expansion plans and the company was focusing on Abu Dhabi because of its buoyant construction market. ...In 2007, the Company secured a contract worth RM427m to build two 44-storey towers on Al Reem Island in Abu Dhabi. SPK-BINA PURI JV - a 70:30 joint venture ...

Real Estate Market Drives Robotic Car Parking

Robotic car parking plan on the way
Gulf Daily News - Manama,Bahrain
BAHRAIN's car parking crisis could be solved with a futuristic robotic car parking system, which actually parks people's cars for them. ...The company has signed a memorandum of understanding with MAG Robotic Systems (MRS), which will allow it to use technology from Florida-based Robotic Parking Systems. ...It aims to take advantage of high demand for car parking space, which is driven by the rapid growth of the region's real estate market and large increase in ...