Jones Lang LaSalle Boosts Russia – CIS Presence with Millard Appointment



Jones Lang LaSalle has announced a new Head of Advisory Group Russia, Tim Millard (at left) joins the firm with a decade of experience in the region.

EMEA Real Estate Transactions Reach Highest Quarterly Level in 5 Years



Direct investment into commercial real estate was up 3% in 2012 in the Europe, Middle East and Africa (EMEA) region, according to new research published by Jones Lang LaSalle. The increase of 2012 was strongly supported by the strongest quarter since 2007, as in Q4 of 2012 real estate transactions amounted to €46 billion, putting the yearly totals at €123 billion (USD 159 billion).

UAE Real Estate Market Trends for 2013



Jones Lang LaSalle (JLL) has just released a new report detailing the top trends for UAE real estate in 2013, which appears to confirm what many investors in the region already believe – that Dubai and Abu Dhabi have already covered some ground on the long road to recovery.

Jones Lang LaSalle Tapped to Sell Battersea Beauty to World



On UK residential scene, Jones Lang LaSalle will reportedly be the International sales agents for the new Battersea Power Station development. Situated right on the Thames, the site is one of London’s most famous landmarks.

Brett Miller to Lead Jones Lang LaSalle in Canada



Jones Lang LaSalle has just announced the appointment of Brett Miller as the new president of its Canada operations. Miller, who is based in Toronto, will be responsible for overseeing and growing business throughout Canada from 14th May onwards.

IndiaProperty.com Launches Special Segment for Tier II Cities



IndiaProperty.com, the real estate portal of Consim Info, India’s leading Internet business group, has just announced its intention to consolidate its position as a leader in the online market for new properties in India. It is increasing its focus on Tier II cities and is launching a separate segment listing properties in these areas. IndiaProperty.com […]

Rental Rates in Dubai’s International City Set to Be Squeezed Even More



The state backed developer Nakheel is set to release another 26 buildings to buyers in Dubai’s International City, totaling around 1,663 units, and this is likely to push rents in the beleaguered development even lower, according to a report in Arabianbusiness.com.   International City is a project aimed at low and middle income groups, and […]

Real Estate in Dubai Rumored to Be Recovering, Again



Apparently the real estate market in Dubai could be on the verge of a recovery as property prices in prime locations have shown their first increase since the beginning of the recession. Prices of villas located in various luxury developments such as the Meadows, Arabian Ranches and Palm Jumeirah have increased by around 1% since […]

MENA Region Faces Shortage of Affordable Homes



The MENA region of the Middle East and North Africa is estimated to be facing a shortage of around 3.6 million affordable homes over the next five years, and the governments and property developers in these countries need to combine their efforts to solve this problem. The most populated country in this region is Egypt, […]

Office Tenants in Dubai Struggle to Find Single Landlord



Although  the amount of empty commercial space in Dubai is currently equivalent to around nine Empire State buildings, large companies are having trouble finding adequate space under single ownership, and the problem looks set to increase. The majority of properties constructed over the next couple of years are held under strata title, which enables different […]

Sign up Now and get our guide on Facebook for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Facebook marketing for Real Estate professionals for free