International, US Real Estate

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

By Allison Halliday | October 12, 2011
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 […]
US Real Estate

Real Estate in Dubai Rumored to Be Recovering, Again

By Allison Halliday | October 3, 2011
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 […]
International, Real Estate, US Real Estate

MENA Region Faces Shortage of Affordable Homes

By Allison Halliday | September 27, 2011
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, […]
Real Estate, US Real Estate

Office Tenants in Dubai Struggle to Find Single Landlord

By Allison Halliday | July 26, 2011
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 […]
International, Real Estate, US Real Estate

Abu Dhabi Rents Could Decline by a Further 10%

By Allison Halliday | July 13, 2011
According to the second largest real estate developer in Abu Dhabi, residential rents could fall by 10% during the next year, due to the number of new homes being completed.
Commercial Real Estate, Real Estate, US Real Estate

Technology Growth Helps Lift Office Occupancies

By Allison Halliday | July 6, 2011
In March, Amazon leased the majority of a 36-storey building in a downtown Seattle which was constructed during the recession. This has fuelled hopes that technology growth will help raise office occupancies and rents. In the three months prior to June, the US office market gained 3.7 million square feet of net occupied space, making […]
Real Estate, US Real Estate

Ikea and Wal-Mart Buy Chinese Retail Space

By Allison Halliday | July 5, 2011
Ikea and Wal-Mart are just two of the foreign retailers choosing to buy land in China in a departure from renting. Last year, Wal-Mart, which is the largest retailer in the world, bought land in north-eastern Dalian, and Ikea is to spend $1.2 billion on building 510,000 square meters of malls. Foreign retailers are increasingly […]

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