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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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Thursday, October 9, 2008

Civil Construction Projects in Saudi Arabia

$260 billion in new cities from the desert
Zawya (press release) - United Arab Emirates
More than 285 civil construction projects worth in excess of $260 billion are currently underway or in design in Saudi Arabia - the sleeping giant of the Arabian Gulf real estate market - according to the latest analysis. ...

Limitless Eyes UK Property Market

INTERVIEW-Dubai's Limitless eyes UK property market
Trading Markets (press release) - Los Angeles,CA,USA
Limitless, a real estate firm controlled by government-owned Dubai World, is still looking at acquistions in Britain's property sector despite last month dropping a bid for real estate firm Minerva Plc.

Saudi Construction Hits £148bn

Saudi construction plans hit £148bn, says report
Building.co.uk - UK
Saudi Arabia has construction projects worth more than a quarter of a trillion dollars in design or under way, according to a new report. The kingdom's huge potential in the international property sector has now inspired Cityscape to launch a conference there. ...

Fourth Annual Gulf Real Estate Study

Zawya - United Arab Emirates
FutureBrand, a premier global brand consultancy firm with offices in 20 cities around the world, has announced that it will release its fourth annual Gulf Real Estate Study (GRES) during Cityscape Dubai 2008, which will be held at the Dubai International Exhibition Centre from October 6 to 9, 2008. The new GRES edition features a collection of insights, research findings and incisive market analysis focusing on emerging trends that are shaping the future of the region's real estate industry. …

Nakheel & The Land Holding JV

Nakheel to partner with Saudi's Land Holding
The National - Abu Dhabi,United Arab Emirates
Dubai's Nakheel and The Land Holding, a Saudi Arabian developer, have signed a memorandum of understanding to form a joint venture company for the development of projects at Waterfront, a Nakheel coastal master-development. ...

Resort Hotel in Al-Seef at Al Raha Beach Development.

ALDAR signs Mövenpick Hotels & Resorts for Al Raha Beach
Zawya (press release) - United Arab Emirates
Aldar Properties has signed an agreement with Mövenpick Hotels & Resorts for the operation of an upscale resort hotel in the Al Seef precinct on the sought after Al Raha Beach development. This is the second hotel property to be developed and built by Aldar ...

The Gate Towers Contract Awarded at AED 2.6 Bln

Arabian Construction Wins Dh6.2b The Gate Towers Deal
Khaleej Times - Dubai,United Arab Emirates
Sorouh Real Estate PJSC and Tameer Holding Investment LLC have announced the award of a Dh6.2 Billion contract to Arabian Construction Company (ACC) to build The Gate Towers, a joint venture project, situated at the entrance of Sorouh's flagship project, SHAMS Abu Dhabi, on Al Reem Island ...