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2008 News

September

How to Become Part of a £786bn Building Boom
Cnplus.co.uk
Monday, 22 September, 2008

In the first of a regular series on winning work in the Middle East, Construction News looks at how the markets are developing. By Bernadette Redfern
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Sherwoods To Showcase Premium Dubai, Abu Dhabi and Ajman Properties at Cityscape USA 2008
Albawaba.com
Wednesday, 10 September, 2008

Event hosts over 5,000 global industry players including investors looking to diversify their portfolios into high potential Middle East markets
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Regional Real Estate Sector Bucking International Trends
Dubaicityguide.com
Tuesday, 9 September, 2008

The western downturn in the global property market contrasted with the Middle East, where the real estate market continues to power ahead, comes under detailed examination next month at Cityscape Dubai 2008.
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Global’s GCC Real Estate Fund-II Announces its First Acquisition
AlBawaba.com
Tuesday, 9 September, 2008


Global’s GCC Real Estate Fund-II Announces its First Acquisition
• Dash: The establishment of the new Global GCC Real Estate Fund-II was inspired by the success of the GCC Real Estate Fund-I.
• Patnaik: We believe that the Global Real Estate Fund-II offers its regional and international investors an opportunity to capitalize on the region’s flourishing real estate sector and allows them to expand and diversify their portfolios.
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Gulf Markets Continue to Plunge on Real Estate Woes
Gulf Times
Monday, 8 September, 2008

DUBAI: Markets in the UAE and Qatar plunged further yesterday as concerns over their real estate sectors undermined investor sentiment.
Saudi Arabia’s market continued to fall, a day after suffering its biggest one-day loss in six months.

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Contract Worth BD4.8mn Awarded for Residential Property in Bahrain
Gowealthy.com
Monday, 8 September, 2008

Leading real estate investment firm in the Gulf region, Abaad, assigns a BD 4.8 million contract to Al Gana Constructions, for building Phase One of Banan Saar Villas, the 35 residential properties in one of the upmarket areas in the Kingdom of Bahrain.
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Gulf Markets Plunge on Real Estate Worries
Tradearabia.com
Sunday, 7 September, 2008

Markets in the United Arab Emirates and Qatar plunged further on Sunday as concerns over their real estate sectors undermined investor sentiment.
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Gulf Property Market: A Never Ending Boom?
The National
Saturday, 6 September, 2008

The sub-prime mortgage market crash was the first salvo in a global jitter concerning the health of the property market. Economies that had registered record property price rises are now reporting successive monthly falls, adding to general unease and uncertainty.
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NREC Eyes Syrian Property Market, Mulls Sukuk
TradeArabia.com
Saturday, 6 September, 2008

Kuwait's National Real Estate Company (NREC), a major investor in logistics firm Agility, wants to expand into markets from Syria to South Africa and is considering selling Islamic bonds later this year, its CEO said.
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Housing Shortage in South Sudan and its Solution
Newsudanvision.com
Friday, 5 September, 2008

'We know that there is large housing demand in the South due to urban population growth, and limited housing stock on the market; what can GoSS do to bring more housing to the market?" asks Chap Phan in his article.
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Banks Too Exposed to Gulf Real Estate
7days.ae
Thursday, 4 September, 2008

Exposure to the region’s overheated real estate sector is a growing concern for banks in Abu Dhabi, where funding conditions for financial firms are set to worsen, HSBC said yesterday.
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Large-Scale Projects Make GCC World's Fastest-Growing Real Estate Market
Gulfnews.com
Wednesday, 3 September, 2008

Dubai: New figures reveal that the GCC region boasts the world's fastest-growing commercial real estate market with an increase of 565 per cent measured since 2000 and it is predicted that large-scale developments, such as the newly opened Fakhruddin Mall in Ajman, will form a significant percentage of this market, which is expected to increase to seven times its size in the decade leading up to 2010.
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Real Estate Expo Announces Middle East Tour
Marketwatch.com
Tuesday, 2 September, 2008

LAS VEGAS, NV, Sep 02, 2008 (MARKET WIRE via COMTEX) -- Real Estate Expo ( www.realestateexpo.us) will shift into action in October of 2008 with its Middle East Tour. This international Real Estate Show is currently one of the only venues that offers its participants the opportunity to meet and speak with international investors from the Middle East in these exclusive receptions.
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