Fairfax Media Limited (ASX:FXJ) New IPO

Fairfax Media Limited (ASX:FXJ) New IPO

Fairfax Media Limited (ASX:FXJ) New IPO Fairfax Media’s shareholders are set to vote on spinning off its lucrative property advertising division, the Australian publishing giant said Friday. Like its international peers, Fairfax — the owner of major mastheads The Sydney Morning Herald, The Age and The Australian Financial Review — has seen profits hit by […]

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs $DIA, $SPY, $QQQ, $VXX The S&P 500 is at new highs for the 7th session running as The Trump Rally extends US home-building fell for a 2nd straight month in August, as a rebound in the construction of single-family houses was offset by […]

Property Bubble Warning for Hong Kong, Sydney, Shanghai

Property Bubble Warning for Hong Kong, Sydney, Shanghai

Property Bubble Warning for Hong Kong, Sydney, Shanghai Hong Kong, Shanghai and Sydney property prices have reached risky levels, says S&P Global Ratings. “Asset prices, especially property prices, today are as stretched as they were before the Asian crisis,” Elena Okorochenko, head of Asia-Pacific ratings, said at a conference in Singapore yesterday. Combined with increased […]

Dubai’s Travel Sector is Still Growing

Dubai’s Travel Sector is Still Growing

Spending within the UAE’s travel and tourism sector is expected to rise steadily over the next five years and reach over US$56 billion in 2022 as new mega-projects come to market, a recent analysis conducted by the Dubai Chamber of Commerce and Industry shows. The analysis, based on new data from Business Monitor International, BMI, […]

Dubai Property: New Projects Flourish

Dubai Property: New Projects Flourish

Dubai Property: New Projects Flourish Property developers in Dubai showcased new multi-billion-dollar mega-projects on Monday despite falling prices, in the hope of stimulating demand and helping to end a three-year market downturn. Exhibitors at the three-day Cityscape Global showed off models of high-end skyscrapers and even “Floating Venice”, a resort complete with underwater suites. The […]

Dubai Real Estate Report

Dubai Real Estate Report

Total value of 7,878 active building projects in the UAE reached US$227.9 billion (AED836 billion) at the beginning of September 2017, according to BNC Network, the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa, MENA, region. Of these building projects, high-rise buildings account for $100.5 billion while […]

China and UAE to Boost Trade

China and UAE to Boost Trade

The 6th session of the UAE-China Joint Economic Committee held in China’s capital of Beijing, has concluded with the two sides reporting their achievements in the development of cooperative frameworks in several vital areas of common interest. The UAE delegation was headed by Sultan bin Saeed Al Mansouri, Minister of Economy, while the Chinese side […]

Cityscape Global 2017 in Dubai

Cityscape Global 2017 in Dubai

Expo 2020 Dubai’s legacy development District 2020 will be unveiled to the public tomorrow, Monday, at Cityscape Global 2017 in Dubai. The world-class district will be an integral part of the legacy of Expo 2020 Dubai from Q4 2021, and support the acceleration of the emirate’s development. It will be a long-term economic contributor for […]

Become a Racehorse Owner

Become a Racehorse Owner

Become a Racehorse Owner Price:$1000.00 Shipping: $0.00 Add to Cart Member Member $1000 VIP, private-guided, tour of Farm or Stable (2 persons), including picnic lunch at Farm and photo opportunity with our Stallion (*both lunch and photo need to be scheduled in advance in order to guarantee the best experience for your party). Horseshoe from a […]

Hurricane Irma will Leave Millions Without Power

Hurricane Irma will Leave Millions Without Power

– FPL expects millions of customers could lose power, with some areas experiencing prolonged outages – FPL has assembled the largest pre-storm restoration workforce in U.S. history, with more than 16,000 ready to respond, including FPL employees and workers from other utilities and electrical contracting companies – FPL is anticipating a significant and challenging restoration […]

The Abu Dhabi Building Boom

The Abu Dhabi Building Boom

The number of constructed buildings in Abu Dhabi reached 913 during the second quarter of 2017 compared to 751 buildings during the same period of 2016, a growth rate of 21.6 percent. Construction experts have stated that the increasing pace of construction in Abu Dhabi reflects its ongoing urban renaissance during the two last decades, […]

Dubai Property Market Sentiment Worse Than Last Year

Dubai Property Market Sentiment Worse Than Last Year

Dubai Property Market Sentiment Worse Than Last Year The Core Savills reveals that there were misconceptions about oversupply in the emirate but rents could continue to soften. Only about 33% of people in Dubai believe the Emirate’s property market has shown signs of recovery, indicating worse sentiment than last year, according to a survey by […]

Dubai’s New Tallest Tower is Taking Shape

Dubai’s New Tallest Tower is Taking Shape

Dubai’s New Tallest Tower is Taking Shape The $1-B mixed-use building will form the centerpiece of the 6 sqkm Dubai Creek Harbour The Tower at Dubai Creek Harbour, slated to become the new tallest tower in Dubai is now taking shape in the Emirate. Launched in April last year, the $1-B mixed-use building will form […]

Wildfire: Largest LA History, 100’s of Homes at Risk

Wildfire: Largest LA History, 100’s of Homes at Risk

Wildfire: Largest LA History, 100’s of Homes at Risk More than a 1000 firefighters are battling the largest wildfire in Los Angeles history contended with erratic winds Sunday, but more moderate temperatures could help contain a blaze that has forced hundreds to evacuate their homes. The nearly 5,900-acre La Tuna Fire, named after the canyon […]

Top 10 Nationalities of Real Estate Investors in Dubai

Top 10 Nationalities of Real Estate Investors in Dubai

Top 10 Nationalities of Real Estate Investors in Dubai Emiratis made the most number of transactions between January 2016 and June 2017 The Dubai Land Department (DLD) has revealed a list of the Top 10 nationalities of real estate investors in Dubai between January 2016 and the end of June 2017. Overall, people from 217 […]

Travel Thailand: Mantra Samui Resort

Travel Thailand: Mantra Samui Resort

Mantra Samui Resort Launches New Spa Featuring Home-Grown Botanicals Opening special “A Mantra for Mantra” package combines treatments, meditation and yoga   With a new natural spa and the launch of a wellness experience “A Mantra for Mantra,” the all-new Mantra Samui Resort is attracting spa-goers to its peaceful perch overlooking the Gulf of Thailand. […]

Discovering Bali’s Last Wild Frontier: The Tabanan Regency

Discovering Bali’s Last Wild Frontier: The Tabanan Regency

Discovering Bali’s Last Wild Frontier: The Tabanan Regency Few destinations evoke visions of paradise like Bali. With its stepped terraces of rice, dramatic highland gorges, beaches of volcanic sand and omni-present Balinese dance-drama, the name of the place is a panacea. There’s one corner of Bali that remains largely untouched and truly delivers on these […]

US Real Estate Report

US Real Estate Report

US existing homes sales fell in July for the second straight month as high prices and tight supply kept would-be homeowners from signing on the dotted line, industry figures showed Thursday. The National Association of Realtors said prices continued to rise faster than incomes in much of the United States, with most homes selling in […]

Opportunities in Dubai

Opportunities in Dubai

Expansion projects and new investments are expected to fuel growth within the UAE’s logistics sector over the next five years, according to a recent analysis by the Dubai Chamber of Commerce and Industry. The positive outlook is supported by expectations of strong growth in the country’s air and sea freight markets. The analysis, based on […]

Housing is The Top Consumer Spending Category in the UAE

Housing is The Top Consumer Spending Category in the UAE

Housing is The Top Consumer Spending Category in the UAE Among GCC countries, consumer spending per household in the UAE was highest during Y 2016 at $103,000 Consumer spending in the UAE is expected to exceed $261-B in Y 2021, compared to nearly $183-B in Y 2016, according to research released by the Dubai Chamber […]

Lionsgate Movie World at Jeju Shinhwa World Landing International Development Limited (HKSE Code:0582) and Lionsgate (NYSE:LGF.A, NYSE:LGF.B)

Lionsgate Movie World at Jeju Shinhwa World Landing International Development Limited (HKSE Code:0582) and Lionsgate (NYSE:LGF.A, NYSE:LGF.B)

Landing Jeju Development Co., Ltd. (LJDC), a wholly owned subsidiary of Landing International Development Limited (HKSE Code: 582) and the developer and operator of Jeju Shinhwa World, and global content leader Lionsgate (NYSE: LGF.A, LGF.B) today announced plans to develop Lionsgate Movie World at Jeju Shinhwa World, Korea. Lionsgate Movie World, spanning approximately 1.3 million […]

Safest City in The World: Abu Dhabi

Safest City in The World: Abu Dhabi

Safest City in The World: Abu Dhabi Abu Dhabi has been named the safest city in the world by Numbeo, a website that curates and collates data to develop the world’s largest user-contributed database about cities and countries worldwide. With the lowest crime index of just 13.54 in the past six months, and the highest […]

Wanda Realm Resort Langkawi

Wanda Realm Resort Langkawi

The Tropicana Cenang, Langkawi project is set to become a world-class tourist destination as well as a family hub for leisure and entertainment Property developer, Cenang Resort will transform Tropicana Cenang into a high-end seafront resort-living lifestyle mixed development The 350-room hotel, Wanda Realm Resort Langkawi will be managed by Wanda Hotels & Resorts, a […]

Dubai Real Estate Report

Dubai Real Estate Report

Dubai Real Estate Report Nakheel awards AED430 million worth of contracts for Dubai’s Deira Islands Master developer Nakheel has awarded four contracts, collectively valued at more than AED430 million, for Deira Islands, its new 15.3 square kilometre waterfront city currently under construction in Dubai. The contracts, covering islands A and B of the four-island development, […]

China is Controlling Offshore Investments

China is Controlling Offshore Investments

China is Controlling Offshore Investments $AMC China’s controlling offshore investments makes sense, but that does not mean it is smart. It is tempting to see all manner of conspiracies behind the Chinese government’s recent crack down on companies that have expanded rapidly abroad. In fact, the reasoning behind the campaign is straightforward. The real problem is […]

Saudi Arabia Follows Dubai’s Vision of the Future with The Red Sea Project

Saudi Arabia Follows Dubai’s Vision of the Future with The Red Sea Project

Saudi Arabia Follows Dubai’s Vision of the Future with The Red Sea Project The Red Sea Project will be built on 30,000 square kilometers between the cities of Amlaj and al-Jawh, an area bigger than Belgium. It will be financed by the kingdom’s Public Investment Fund (PIF), according to an official statement. Documents referred to […]

Air Traffic to Dubai Still Growing

Air Traffic to Dubai Still Growing

Air Traffic to Dubai Still Growing Passenger numbers at Dubai World Central, DWC, Dubai’s second airport, grew by more than 35 percent in the first half of the year, according to the traffic report issued by operator, Dubai Airports, today. DWC welcomed 554,993 passengers in the first half of 2017 compared to 410,278 passengers during […]

What California’s Real Estate Slowdown Means For Home Prices

What California’s Real Estate Slowdown Means For Home Prices

What California’s Real Estate Slowdown Means For Home Prices 6 months of slipping sales suggest a economic slowdown in California, what does that mean for home prices? Home sales are down in California for the for the 6th month running, suggesting an impending slowdown even as prices have set new records. Despite strong closed escrow […]

Real Estate Markets Love Trump

Real Estate Markets Love Trump

ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Sales Report, which shows that homeowners who sold in the second quarter realized an average price gain of $51,000 since purchase — the highest average price gain since Q2 2007. The average home seller price gain of […]

Apex Development Public Company Limited (BKK:APX) Upgraded to Strong Buy

Apex Development Public Company Limited (BKK:APX) Upgraded to Strong Buy

Apex Development Public Company Limited (BKK:APX) Upgraded to Strong Buy APEX DEVELOP closed unchanged at 0.420. Volume was 60% below average (consolidating) and Bollinger Bands were 15% narrower than normal. Open High Low Close Volume___ 0.420 0.420 0.420 0.420 211,300 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period […]

Walt Disney Co (NYSE:DIS) Re-Invents Theme Parks

Walt Disney Co (NYSE:DIS) Re-Invents Theme Parks

Walt Disney Co (NYSE:DIS) Re-Invents Theme Parks Today at D23 Expo 2017, Walt Disney Parks and Resorts announced an extraordinary line-up of brand new attractions and experiences coming to its parks and resorts around the world as it continues to revolutionize the guest experience, starting from before guests even arrive for a Disney vacation to […]

Thailand 4.0 Initiatives

Thailand 4.0 Initiatives

Thailand Board of Investment Offers Privileges to Support Thai Infrastructure Development in Tandem With Fast-progressing Thailand 4.0 Initiatives Thailand’s strategically important geographic location gives it ample advantage to become a primary regional economic hub, not only in trade, investment and tourism, but also in communication and transportation networks that connect to other regions around the […]

Apex Development Public Company Limited (BKK:APX) On Path to Growth

Apex Development Public Company Limited (BKK:APX) On Path to Growth

Apex Development Public Company Limited (BKK:APX) On Path to Growth Apex laying out the foundation for a strong and stable growth. Apex announced reduction of Par value of 0.50 Baht/share to write-off accumulated loss. Shareholders need not be concerned as share volume remains the same and trading in Stock Market can be conducted as normal. […]

Tourism in Dubai Still Growing

Tourism in Dubai Still Growing

Tourism in Dubai Still Growing Despite the short-term challenges posed by global macroeconomic factors across the GCC, the region’s tourism and hospitality industry remains on an upward trajectory as governments recognise the potential of the sector in enabling revenue diversification and job creation, while actively investing in its development. Set to be worth US$36.7 billion […]

China Drives Real Estate Values in Australia

China Drives Real Estate Values in Australia

China Drives Real Estate Values in Australia Statistics show Chinese buyers purchased $23.8 billion worth of Australian property in the 2016 financial year compared with $18.4 billion in the previous year, according to the website, as cited by Business Insider Australia. While demand remains high, China’s property investments in Australia are unlikely to remain at […]

Dubai Real Estate Report

Dubai Real Estate Report

Dubai Land Department, DLD, has announced the launch of an awareness campaign for its ‘Dubai Brokers’ application, the first of its kind in the world. ‘Dubai Brokers’ is the most important application issued by DLD for providing accurate and up-to-date information on licensed Dubai real estate brokers and real estate companies that have been approved […]

Chinese Buyer Interest Dominate At Concierge Auctions

Chinese Buyer Interest Dominate At Concierge Auctions

Concierge Auctions pulled in a solid $59.7 million in high bids during last week’s 50-buyer-deep global auction. After receiving massive exposure around the world, with added outreach to China in cooperation with Mansion Global and The Wall Street Journal, standout interest was seen for oceanfront estates in tony Vero Beach, Florida and idyllic Los Cabos, […]

Anayara Luxury Retreat Panwa Resort

Anayara Luxury Retreat Panwa Resort

Chiang Mai International Convention and Exhibition Center, Thailand. Anayara Resorts, owned by Pacific Media Management Group Limited and Anayara Resorts Holding Limited , a Hong Kong based adult-only ultimate luxury retreats and luxury boutique resorts brand revealing its first property Anayara Luxury Retreat Panwa Resort, a beachfront retreat estate schedule for soft opening by December […]

Emaar to List UAE Real Estate Development Business in Dubai

Emaar to List UAE Real Estate Development Business in Dubai

Emaar to List UAE Real Estate Development Business in Dubai The developer will list 30% of its UAE real Estate Development business Dubai developer Emaar has announced plans to list 30% of its UAE real Estate Development business on the Dubai Financial Market (DFM). The funds raised through the sale of equity will be primarily […]

Dubai is a Meeting Hot Spot

Dubai is a Meeting Hot Spot

Dubai has emerged as one of the top 10 destinations for international meetings, according to the latest edition of the International Meetings Statistics Report published last week by the Union of International Associations, UIA. The report ranked 1,157 cities globally based on the total number of international meetings that took place during the year. Previously […]

Emaar Properties UAE Real Estate IPO

Emaar Properties UAE Real Estate IPO

Emaar Properties has announced plans to list its UAE Real Estate development business in order to create significant value for its shareholders. The IPO will be the largest since the Emaar Malls IPO in 2014. Subject to market conditions, the company will offer up to 30 percent of Emaar’s UAE Real Estate Development business through […]

US Pending Home Sales Fell for 2nd Month Running

US Pending Home Sales Fell for 2nd Month Running

US Pending Home Sales Fell for 2nd Month Running $DIA, $SPY, $QQQ, $VXX Contracts to buy previously owned US homes fell for a 2nd month running in April one a supply squeeze, but the housing market recovery remains supported by a strong labor market. The National Association of Realtors(NAR) said Wednesday its Pending Home Sales […]

UAE the Digital Economy

UAE the Digital Economy

The UAE jumped five positions to rank among the world’s top 10 most competitive economies for the first time in the annual rankings of the IMD World Competitiveness report 2017. The UAE is the only Arab country to find a place among the super league of the global top 10 nations, as the reform announced […]

Knightsbridge Race Horse Syndication

Knightsbridge Race Horse Syndication

Race Horse Syndication We love horse racing, in our business at Knightsbridge we have a focus on breeding and bloodlines, if you are in the market for a horse or are looking to sell it would behoove you (pun intended) to contact us. Beyond investing Knightsbridge is a premier lifestyle, business and thoroughbred club and […]

Dubai Real Estate: The Tower at Dubai Creek Harbour

Dubai Real Estate: The Tower at Dubai Creek Harbour

Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has reviewed the progress in the construction of The Tower at Dubai Creek Harbour, the iconic observation tower that defines a new skyline for the nation. His Highness Sheikh Mohammed bin Rashid was accompanied during the tour by H.H. […]

Dubai Plans the Future

Dubai Plans the Future

Dubai Plans the Future Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has said that the UAE is moving forward in building a universal model to achieve innovative ideas to serve humanity, and that the UAE’s Centennial Vision 2071 originated from the historic lecture delivered by His […]

Athletic Resort Destination LifeTime Celebrates Opening in Fort Washington

Athletic Resort Destination LifeTime Celebrates Opening in Fort Washington

Athletic Resort Destination Life Time Celebrates Opening in Fort Washington Nearly 800 jobs coming to region, including all-star cast of performers to lead exclusive programming at healthy living, healthy aging, healthy destinations in Fort Washington, King of Prussia and Ardmore. Life Time®, the nation’s only Healthy Way of Life lifestyle company and brand, today announced […]

Dubai Real Estate Report

Dubai Real Estate Report

Dubai Real Estate Report Damac Properties Damac Properties, a pioneering property developer in the Mideast has recorded a net profit of USD240mn for the first quarter of this year, marking net margins of 45 percent. Additionally, the developer posted profits of Dh1.95bn, with gross profit margins of 54percent amid the period, whereas total assets grew […]

Hong Kong Real Estate Report

Hong Kong Real Estate Report

Hong Kong Real Estate Report Henderson Land Development (0012) paid a record HK$23.28 billion for the government’s Murray Road five-story public car park today The Lands Department announced that the site offers about 2,880 square meters and is designated for non-industrial uses. The price paid by billionaire Lee Shau-kee’s company translates to HK$51,600 per square […]

Thailand Hotel Real Estate News: Park Hyatt

Thailand Hotel Real Estate News: Park Hyatt

Thailand Hotel Real Estate News: Park Hyatt Park Hyatt Bangkok opened its doors today, marking the first Park Hyatt hotel in Thailand. The hotel is centrally located in the heart of the Thai capital’s central business district. Park Hyatt Bangkok features contemporary architecture matched by luxurious residential interiors, expertly curated art, world-class food and wine, […]

Travel Dubai: Marsa Al Arab

Travel Dubai: Marsa Al Arab

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today visited Dubai Holding, the global investment holding company, where he announced the launch of ‘Marsa Al Arab’. Marsa Al Arab is a comprehensive tourist destination that aims to elevate family tourism in Dubai, as well as provide supporting […]

Hotel News: Six Senses Coming to USA

Hotel News:  Six Senses Coming to USA

Hotel News: Six Senses Coming to USA Six Senses Hotels Resorts Spas creates places in which to reconnect, in settings of incredible natural beauty together with exceptional guest experiences. whilst being part of the local fabric and culture, Six Senses is very much in tune with the wider world. It offers crafted guest experiences to stimulate, […]

Christie Brinkley: Beverly Hills city of Wellth

Christie Brinkley: Beverly Hills city of Wellth

Christie Brinkley: Beverly Hills city of Wellth A Citywide Initiative Highlighting The Luxury Destination’s World-Class Health And Wellness Offerings. Kicking off with an expert panel discussion featuring Supermodel and Actress, Christie Brinkley, the city will offer a host of experiences at hotels, restaurants, and spas throughout the summer. Iconic Supermodel Christie Brinkley, a vegetarian since the […]

Hotel News: Marriott International (NASDAQ: MAR) in Oahu

Hotel News: Marriott International (NASDAQ: MAR) in Oahu

Hotel News: Marriott International (NASDAQ: MAR) in Oahu Offering mid-century modern design with island influences, this stylish hotel is a 6-minute walk from Waikiki Beach and 3 miles from Diamond Head hiking area. Airy, colorful rooms have balconies and tropical accents, and feature flat-screen TVs and free Wi-Fi, as well as sitting areas and minifridges. […]

Real Estate Investing: Guaranteed Returns

Real Estate Investing: Guaranteed Returns

Investing in Real Estate, Dubai and Thailand Very low interest rates make investments in properties a very interesting option. Even better, HEFFX has on offer some very high, guaranteed Return on Investment (ROI) deals that guarantee your return for 5 to 10 years. The property markets we have selected are very stable with considerable upside […]

New Mercedes Benz Showroom to be Developed on Abu Dhabi’s Yas Island

New Mercedes Benz Showroom to be Developed on Abu Dhabi’s Yas Island

New Mercedes Benz Showroom to be Developed on Abu Dhabi’s Yas Island $DDAIF Construction on the project is scheduled to start in Q-4 Y 2017 Abu Dhabi developer Aldar Properties has signed a partnership agreement with conglomerate Al Fahim Group to develop a new Mercedes-Benz (OTCMKT:DDAIF) and AMG showroom and express service center in Yas […]

US Real Estate: 2017 Hottest College Investment Towns

US Real Estate: 2017 Hottest College Investment Towns

US Real Estate: 2017 Hottest College Investment Towns Realtor.com®, a leading online real estate destination operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., today announced its top picks for college towns in the U.S. where it is less expensive to buy versus rent as high school seniors and their parents […]

Real Estate: One Bangkok is a Stunning Development

Real Estate: One Bangkok is a Stunning Development

Real Estate: One Bangkok is a Stunning Development A once-in-a-generation development, One Bangkok is a fully integrated district ideally located in prime central Bangkok at the corner of Wireless Road and Rama IV, right next to Lumphini Park, with unsurpassed accessibility through direct connections to the MRT. Starting with a comprehensive master plan and iconic […]

Mar-a-Lago The Winter White House

Mar-a-Lago The Winter White House The Mar-a-Lago Club sits royally amidst 20 valuable acres of manicured lawns, vibrant gardens and sweeping sea-to-lake vistas. Mar-a-Lago is the only private club world-wide to attain the prestigious 6-Star Diamond Award from the American Academy of Hospitality Sciences, and is considered to be one of the world’s most sought […]

Dubai: Towards Happy Cities for Tolerant Citizens

Dubai: Towards Happy Cities for Tolerant Citizens

Dubai: Towards Happy Cities for Tolerant Citizens The United Arab Emirates has become a haven for happiness and decent living, thanks to the wise leadership’s approach for tolerance and amity, said H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman. Sheikh Humaid made the remarks today while opening the 8th […]

Travel News Dubai: Emaar Plans 6 New Hotels

Travel News Dubai: Emaar Plans 6 New Hotels

Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, today unveiled six new hotel projects as part of its regional and international expansion plans, at the Arabian Travel Market (ATM) 2017. The new hotels and serviced residences in Dubai, Abu Dhabi and Egypt add to a portfolio of upcoming properties under the three […]

Travel News: Dubai is Booming

Travel News: Dubai is Booming

Dubai’s tourism sector sustained momentum in its strong start to 2017 with the emirate’s Department of Tourism and Commerce Marketing, known as Dubai Tourism, reporting a stellar 11 percent increase in overnight visitation in the first three months of the year compared to the same period in 2016. January to March 2017 saw 4.57 million […]

Median US Household Wealth Has Declined by 40% since 2007-2008

Median US Household Wealth Has Declined by 40% since 2007-2008

Median US Household Wealth has Declined by 40% since 2007-2008 Nominal US household wealth it has been declared is at an all-time high. But Marc Faber says that’s mostly an illusion. Mr. Faber, the author of The Gloom & Doom Report, looked at the relationship between asset prices and US household wealth, and the effect […]

ItalKraft & Poliform at Zaha Hadid’s 1000 Museum

ItalKraft & Poliform at Zaha Hadid’s 1000 Museum

ItalKraft & Poliform Has Been Selected To Create and Install Kitchens, Bathrooms, and Closets At Zaha Hadid’s 1000 Museum Park ITALKRAFT, the leading full-service kitchen, bathroom and closet wholesaler, designer, manufacturer and installation company, joined forces with Poliform, an Italian furnishings manufacturer, to create the ultra-premium kitchens, bathrooms and closets in the Miami skyscraper, One Thousand Museum. […]

Real Estate Dubai Dubai, One Za’abeel and Deira Enrichment Project

Real Estate Dubai Dubai, One Za’abeel and Deira Enrichment Project

Real Estate Dubai Dubai, One Za’abeel and Deira Enrichment Project Ithra Dubai, a real estate developer and asset manager, announced today that work has commenced on two of its landmark projects in Dubai, One Za’abeel and Deira Enrichment Project. Ithra Dubai is wholly owned by Investment Corporation of Dubai, and was established to develop real […]

Emaar Malls approves 10 pct cash dividend

Emaar Malls approves 10 pct cash dividend

Emaar Malls approves 10 pct cash dividend of AED1.3 bln for second consecutive year The second annual general meeting of Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties, today approved a proposal by the Board of Directors to distribute 10 per cent of the share capital, equivalent to AED1.301 […]

Majority of Americans Believe Marijuana is “Socially Acceptable”

Majority of Americans Believe Marijuana is “Socially Acceptable”

Majority of Americans Believe Marijuana is “Socially Acceptable” A survey of Americans’ views on marijuana found that a majority of people think the drug is “socially acceptable” — a position that may put them at  odds with USAG Jeff Sessions, who once said that a marijuana habit is only “slightly less awful” than heroin. The […]

Palm Beach Real Estate News

Palm Beach Real Estate News

Chicago-based Golub & Company, an international real estate investment and development firm, together with Commercial Financial Management, Inc. and Florida-based real estate investment firm Elion Partners, announced that it has confirmed construction financing for The Bristol Palm Beach, an iconic 25-story, 69-unit waterfront condominium in the Palm Beaches. The tower, which broke ground in May […]

Abu Dhabi Continues to Grow

Abu Dhabi Continues to Grow

Heavy industries are among the major catalysts that underpin the economy of Abu Dhabi, with the emirate having invested more than AED51 billion over the past 15 years to establish a robust industrial infrastructure for aluminum and steel industries, according to a recent media report. Citing official figures of the Emirates Global Aluminum, EGA, and […]

China: Nanjing’s Luxury Housing Market

China: Nanjing’s Luxury Housing Market

China: Nanjing’s Luxury Housing Market China’s top state-owned real estate developer Poly Real Estate Group Co., Ltd. recently completed the Grand Mansion luxury residence project in Nanjing’s Hexi Central Business District (CBD). Nanjing is the capital of China’s economically vibrant Jiangsu province. Poly’s Grand Mansion series of projects had a launch event in Wall Street […]

Asia Real Estate: Mah Sing Group Berhad Property Development Company of the Year

Asia Real Estate: Mah Sing Group Berhad Property Development Company of the Year

Asia Real Estate: Mah Sing Group Berhad Property Development Company of the Year Mah Sing Group Berhad (Mah Sing) celebrated another achievement as it clinched the 2017 Frost & Sullivan Property Development Company of the Year at an award banquet held at the Hilton KL yesterday. The award recognised Mah Sing as a company that […]

Asian Real Estate: Golden Gate Sotheby’s International Realty at the Asia Awards of Excellence

Asian Real Estate:  Golden Gate Sotheby’s International Realty at the Asia Awards of Excellence

Asian Real Estate: Golden Gate Sotheby’s International Realty at the Asia Awards of Excellence It was all eyes on Golden Gate Sotheby’s International Realty at the Asia Awards of Excellence, held March 31, 2017 at glistening Macao Tower, Macao, China. As part of a global rebranding effort, the San Francisco Bay Area brokerage formerly known […]

Residential Property Sales & Leasing in UAE to be Exempt from VAT

Residential Property Sales & Leasing in UAE to be Exempt from VAT

Residential Property Sales & Leasing in UAE to be Exempt from VAT $GLD, $SLV, $PLAT The 1st sale of new residential property in the country will be subject to the Zero rate of VAT. Investment Gold, Silver and Platinum will also be Zero-rated. Supplies of residential property including sales and leasing in the UAE will be […]

HUD Secretary Carson Promises Funding for Housing in Infrastructure Bill

HUD Secretary Carson Promises Funding for Housing in Infrastructure Bill

HUD Secretary Carson Promises Funding for Housing in Infrastructure Bill Housing and Urban Development’s (HUD) Ben Carson Monday promised funding for low-income housing. Addressing the National Low Income Housing Coalition Conference, Dr. Carson assured the gathering that “no one is going to be thrown out on the street.” “The part that people are not hearing […]

Dubai Trade Volumes on the Rise

Dubai Trade Volumes on the Rise

Dubai’s trade performance has shown steady and sustainable growth over the last five years, with non-oil trade volumes in metric tonnes registering a compound growth rate of 6.1% according to figures from Dubai Customs. Despite a challenging macroeconomic environment which impacted global trade, Dubai’s trade volumes grew a healthy 8.2% in 2016, compared to the […]

Real Estate: Property Taxes in US on the Rise

Real Estate: Property Taxes in US on the Rise

Real Estate: Property Taxes in US on the Rise Property taxes rose a record-3.2% in FY 2016, according to reports. The 2016 amount of taxes collected was $540,701,000,000 compared to $523,952,380,000 in Y 2015. New Jersey property owners paid the most taxes in  Y 2016, reports WalletHub, with annual taxes set at 2.35%. The rate […]

Emaar Completes Foundation of New Tallest Tower in Dubai

Emaar Completes Foundation of New Tallest Tower in Dubai

Emaar Completes Foundation of New Tallest Tower in Dubai The Tower at Dubai Creek Harbour is anticipated to be completed by 2020 Monday Dubai developer Emaar announced that it has laid the foundation for the construction of what is slated to become the world’s new tallest building – The Tower at Dubai Creek Harbour. Launched […]

Dubai’s Meraas says, “Bluewaters Island Almost Finished”

Dubai’s Meraas says, “Bluewaters Island Almost Finished”

Dubai’s Meraas says, “Bluewaters Island Almost Finished” The island includes the world’s tallest and largest observation wheel Dubai developer Meraas has said 75% of construction work at its record-breaking Dhs6bn ($1.63-B) Bluewaters Island project is finished. Residences at the project, which includes the world’s tallest and largest observation wheel Ain Dubai, are scheduled for handover […]

UAE Launches Project to Become “World’s Best” Country

UAE Launches Project to Become “World’s Best” Country

UAE Launches Project to Become “World’s Best” Country The project’s objectives center on education, economy, government development and community cohesion The UAE’s Cabinet has launched the 2071 Centennial project to make the country the best in the world 100 years after its founding. The plan was revealed by is Highness Sheikh Mohammed Bin Rashid Al […]

US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High $DIA, $SPY, $QQQ, $VXX US home resales fell more than expected in February on a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors (NAR) said Wednesday existing home sales declined 3.7% to a […]

MGM to Operate Dubai Hotel Resort

MGM to Operate Dubai Hotel Resort

MGM to Operate Dubai Hotel Resort $MGM The project will include regional debuts of MGM’s brands with a Dubai version of the famous Bellagio hotel Dubai government-owned real estate management firm Wasl Asset Management has selected US hotel and entertainment company MGM Hospitality to develop, advise and operate a 26-acre branded beachfront development. The Dubai […]

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