http://www.zawya.com/middle-east/real-estateen-usCopyright 2012 Zawya Ltd. All rights reserved.Wed, 16 May 2012 03:06:00 GMT3314476http://www.zawya.com/middle-east/real-estatehttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/Rentals_of_Dubais_Springs_villas_up_20-ZAWYA20120516030606/Highlighting the fact that real estate investments pay off based on three critical factors - location, location, location - property consultancy CB Richard Ellis said in a new report that rental rates of Dubai villas in select communities have gone up by more than 20 per cent within one year.Wed, 16 May 2012 04:50:16 GMTEmirates 24|7 ZAWYA20120516030606Openhttp://www.zawya.com/story/Dubai_projects_generated_operational_revenues_for_Al_Mazaya_Holding-ZAWYA20120515105243/Al Mazaya Holding announced that its Dubai projects generated operational revenues achieved by the company in the first quarter of the year. Tue, 15 May 2012 14:37:51 GMTPress Release ZAWYA20120515105243Openhttp://www.zawya.com/story/الدولية_الإماراتية_للاستثمار_تبدأ_المرحلة_الاولى_من__مشروع_دنيا_بارك_بالجزائر-ZAWYA20120515132238/المشروع تصل تكلفته الى 5.9 مليار دولار، ومن المتوقع الانتهاء من جميع مراحله خلال العام 2017.Tue, 15 May 2012 13:29:08 GMTZawya ZAWYA20120515132238Openhttp://www.zawya.com/story/Jadwa_Global_factors_derail_TASI_momentum_May12-pdf_150512133635/The fall in the TASI over the past month or so has been primarily due to global factors. First quarter earnings were reasonable and domestic fundamentals are strong, so we retain our end year forecast of 8,050.Tue, 15 May 2012 13:26:00 GMTJadwa Investment pdf_150512133635Openhttp://www.zawya.com/story/Top_three_Dubai_rental_and_investment_hotspots_for_2012_revealed_by_new_survey-ZAWYA20120515065154/A survey commissioned by propertyfinder.ae - the UAE's number one dedicated property portal - has revealed that the top three investment and rental locations for Dubai this year are: Dubai Marina, Jumeirah Lake Towers and Downtown Dubai.Tue, 15 May 2012 10:39:11 GMTPress Release ZAWYA20120515065154Openhttp://www.zawya.com/story/BMI_Saudi_Arabia_Real_Estate_Report_Apr12-pdf_150512095251/The Saudi Arabia Real Estate report examines the Commercial Office, Retail and Industrial segments throughout the Kingdom in the context of our bullish outlook for the economy and buoyant construction sector.With a focus on the two principal cities of Riyadh and Jeddah, the report covers the rental market performance in terms of rates and yields over the past 18 months and examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of the government fed construction boom on a market already characterized by oversupply. The key growth areas driven by increasing activity on the part of international investors and the potential of the domestic consumer market are also explored with corporate growth strategies looking to the Kingdom for expansionary opportunities.Nevertheless, Saudi Arabia’s various real estate sectors are developing in different directions and at varying rates. The commercial market in general suffers from oversupply and is forecast to undergo limited growth in the short term; the data from H211 does not contradict this long-held view in light of the dynamic supply pipeline. Of the three sub-sectors that we survey there are pockets of growth opportunity, particularly in the retail and industrial segments.There are, however, some positive fundamentals which will serve to support the real estate sector in the medium term, including the buoyant construction sector. The transport segment is also booming, especially in terms of rail infrastructure, with US$24bn of projects currently under way or in the pipeline. Positive infrastructure and pipeline developments, combined with a strengthening macroeconomic backdrop will insulate the economy somewhat from global economic headwinds.Key Points:- Riyadh's announcement that it will implement another expansionary budget in 2012 highlights the government's ongoing concerns about the need to shore up its key bases of support, givenTue, 15 May 2012 09:48:00 GMTBusiness Monitor International Limited pdf_150512095251Subscriptionhttp://www.zawya.com/story/BMI_Qatar_Real_Estate_Report_Apr12-pdf_150512094829/BMI’s Qatar real estate report examines growth opportunities and risks in this fast-growing Gulf market. Our 2012 forecasts see a 5-10% rise in rents in the office, retail and industrial rental segments of our three surveyed cities: Doha, Al-Khor and Al-Wakra. The Qatari industrial sub-sector is limited by the shift away from rentals and towards direct development. Qatar’s office and retail segments are growing fast and present bullish medium-term prospects, despite the fact that 2011 saw large falls in rental rates in these segments, particularly in Doha. The tourism sector presents significant growth potential, despite its nascent stage, suggesting that the retail segment will be less likely to suffer from oversupply than the office segment.Qatar has not seen as spectacular a real estate bubble as the UAE, its eastern neighbour. Consequently, it has not had to deal with the challenges of government bailouts and risks of bondholder losses. The Qatari real estate sector features both state-backed and private sector players, with the state-backed Qatari Diar essentially an arm of Qatari foreign investment strategy. As Qatar looks to diversify its economy and shift its reliance away from the hydrocarbons sector, real estate could be well placed to benefit from diversifying investments.The 2022 World Cup presents an obvious bonanza for the sector, although it stands to reason that much growth will be organic Qatari demand, as flows of retail-minded tourists are more likely to be directed to the UAE (primarily Dubai). Despite our in-country sources having limited information on vacancy rates, it is clear that the current effect of hosting the 2022 World Cup is an increase in demand. This, together with tougher lending conditions slowing development projects, should help take up some of the supply in the short term.Given that native citizens enjoy one of the world’s highest per-capita incomes, Qatar has not seen any political unrest inspired by the uprisings seenTue, 15 May 2012 09:45:00 GMTBusiness Monitor International Limited pdf_150512094829Subscriptionhttp://www.zawya.com/story/BMI_Egypt_Real_Estate_Report_Apr12-pdf_150512093952/The Egypt Real Estate report examines the Commercial Office, Retail and Industrial segments in the context of a market, which in spite of its long-term potential, continues to be susceptible to instability and which will be characterised by the aftershocks of the Arab spring in the short- to medium term.With a focus on the principal areas of Cairo, New Cairo, 6th of October City and Giza, the report covers the rental market performance in terms of rates and yields over the past 18 months. The report also examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the effect of a stalled pipeline on a market, which until the events of early 2011 held so much potential. The key risks and opportunities driven by domestic and regional investor activism, combined with the future potential of the domestic consumer market, are also explored; with macroeconomic fundamentals and political developments underpinning short-term industry sentiment and performance.We see little prospect for a swift economic recovery in Egypt in 2012. Although we remain bullish in the long-term, our full-year 2011 data has started to reveal the tangible effects of Egypt’s uneasy political transition on the commercial real estate market, with retail space suffering particularly from the country’s volatility. We expect rents to stabilise over the coming quarters, but beyond the trend of increasing rental divergence, the return to pre-Arab Spring rental rates will be a gradual process.Key Points:- High quality space across the three sub-sectors is forecast to outperform due to a shortage of new supply and client desire to reduce the risk profile of their businesses wherever possible.- We expect growth to remain anaemic through end-FY2011/12, with investment not picking up until after the conclusion of presidential elections in late June. The vote should provide a degree of clarity over the country's future political trajectoryTue, 15 May 2012 09:35:00 GMTBusiness Monitor International Limited pdf_150512093952Subscriptionhttp://www.zawya.com/story/BMI_United_Arab_Emirates_Real_Estate_Report_Apr12-pdf_150512093507/The UAE Real Estate report examines the Commercial Office, Retail and Industrial segments in the context of an increasingly positive macroeconomic perspective which may bring a silver lining to the segment still suffering from oversupply and the legacy of the property bubble.With a focus on the three principal emirates of Dubai, Abu Dhabi and Sharjah, the report covers the rental market performance in terms of rates and yields over the past 18 months and examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of the government led growth on a market already characterized by oversupply and historically low rates. The key potential growth areas, driven by increasing activity on the part of international investors and the potential of the domestic consumer market, are also explored with corporate growth strategies looking to the emirates for expansionary opportunities.Nevertheless, the UAE’s various real estate sectors are developing in different directions and at varying rates. The commercial market in general suffers from oversupply and is forecast to undergo limited growth in the short term; however, BMI believes that there is light at the end of the tunnel and that the market will reach its nadir over the course of 2012.Key Points:- We are forecasting the UAE economy to expand 3.0% in 2012, up slightly from an estimated 3.3% in 2011. The ongoing improvement in consumer and business sentiment will likely result in an uptick in private consumption, although growth in the private non-hydrocarbon sector will be constrained by still weak credit conditions.- In spite of the positive macro fundamentals, we still see mainly downside risks to the real estate markets, especially in the short term, with oversupply ensuring that a depressed market remains.- Due to the emirates’ relative stability over the course of the Arab Spring, tourism has received a real boost. As such we see a briTue, 15 May 2012 09:30:00 GMTBusiness Monitor International Limited pdf_150512093507Subscriptionhttp://www.zawya.com/story/628_مليون_درهم_أرباح_القطاع_العقاري_في_سوق_أبوظبي-ZAWYA20120515070421/بذلك يكون القطاع العقاري بسوق أبوظبي قد حقق نمواً بأرباحه 108.4% في الربع الأول.Tue, 15 May 2012 08:00:18 GMTAl Bayan ZAWYA20120515070421Openhttp://www.zawya.com/story/المضاربات_تفقد_سوق_دبي_مكاسب_قوية-ZAWYA20120515070122/حالت عمليات الكر والفر وجني الأرباح السريعة التي نفذها مضاربون دون احتفاظ سوق دبي المالي بالمكاسب القوية التي حققها حتى النصف الأول من جلسة التعاملات والتي تجاوزت نسبتها 1 %.Tue, 15 May 2012 07:58:26 GMTAl Bayan ZAWYA20120515070122Openhttp://www.zawya.com/story/بيتك_شراء_مجمع_سكني_في_كندا_بـ_425_مليون_دولار-ZAWYA20120515042126/أعلن بيت التمويل الكويتي (بيتك) عن شراء مجمع سكني» كنتا ليك ابارتمنت» في مدينة أوتاوا بكندا بقيمة 42.5 مليون دولار كندي، يتكون من 146 وحدة سكنية جديدة في ثاني صفقة لـ «بيتك» في السوق الكندي بالتعاون مع الشريك الاستراتيجي شركة كيلام بروبرتيس العقارية العالمية. Tue, 15 May 2012 07:40:24 GMTAl Anba ZAWYA20120515042126Openhttp://www.zawya.com/story/الكويت_برج_صاهود_12_يوقع_عقد_أول_تكسية_صديقة_للبيئة_بمليون_دينار-ZAWYA20120515051325/أعلنت شركة سعود صاهود العقارية عن توقيع عقد إنجاز أول تكسية صديقة للبيئة لبرج عقاري في الكويت وذلك بالتعاون مع شركة الوماكو انترناشيونال المتخصصة إقليميا وعالميا في هذا المجال.Tue, 15 May 2012 07:09:55 GMTAnnahar ZAWYA20120515051325Openhttp://www.zawya.com/story/Seef_Properties_net_profit_up_20_to_BD166m-24by7_140520121109058/Seef Properties said that its board approved a progressive record of 20% increase in its first quarter net profits reaching BD1.66 million compared to BD1.38 million for the same period last year.Tue, 15 May 2012 06:11:39 GMT24X7 News 24by7_140520121109058Openhttp://www.zawya.com/story/Rise_in_Dubai_property_deals_with_banks_aiding_clients_offload_units-ZAWYA20120515030614/In a sign of a maturing market, banks have now started assisting their mortgage clients offload multiple properties in the emirate even as experts maintain that property prices may have already bottomed out in select areas of the emirate.Tue, 15 May 2012 05:13:01 GMTEmirates 24|7 ZAWYA20120515030614Openhttp://www.zawya.com/story/ارتفاع_سيولة_العقار_في_الكويت_94_في_4_أشهر-ZAWYA20120513075041/بيوعات شهر أبريل 2012، لو عدلت لتصبح على أساس الشهر بكامله، قد بلغت نحو 372.9 مليون دينار كويتي، بارتفاع في السيولة قاربت نسبته %35.1، مقارنة بشهر مارس 2012.Mon, 14 May 2012 06:31:53 GMTAl Qabas ZAWYA20120513075041Openhttp://www.zawya.com/story/الانتهاء_من_المراحل_الثلاثة_الأولى_للمشاريع_البنية_التحتية_لمدنية_المعرفة_يونيو_2012-ZAWYA20120514053451/مدنية المعرفة الاقتصادية تتكلف 7 مليار دولار ومن المتوقع الانتهاء منها فى 2020.Mon, 14 May 2012 05:39:05 GMTZawya ZAWYA20120514053451Openhttp://www.zawya.com/story/مجموعة_الرؤية_تستثمر_مليار_جنيها_مصريا_في_مشروع_عقاري_بمصر-ZAWYA20120513210154/قال الرئيس التنفيذي لمجموعة شركات رؤية القابضة للتطوير العقاري والسياحي، أن الشركة ستستثمر مليار جنيه مصري أي حوالي " 165 " مليون دولار أمريكي فى تطوير مشروع عقاري كبير.Sun, 13 May 2012 21:10:31 GMTZawya ZAWYA20120513210154Openhttp://www.zawya.com/story/طرح_6_مشروعات_جديدة_على_القطاع_الخاص_في_مصر_قبل_نهاية_العام-ZAWYA20120513205800/أكد رئيس الوحدة المركزية للمشاركة مع القطاع الخاص بوزارة المالية، أن الحكومة المصرية تخطط لطرح 6 مشروعات جديدة على القطاع الخاص قبل نهاية العام الجاري.Sun, 13 May 2012 21:05:32 GMTZawya ZAWYA20120513205800Openhttp://www.zawya.com/story/KFHBahrain_High_demand_for_Boyout_AlDiyar_villas-ZAWYA20120513120106/CEO of KFH-Bahrain Abdul Hakeem Al-Khayyat said that over 343 villas were marketed during the first day of reservation for the Boyout Al-Diyar villas project.Sun, 13 May 2012 12:42:30 GMTPress Release ZAWYA20120513120106Openhttp://www.zawya.com/story/Property_arbitration_in_Dubai_restricts_right_to_sue-ZAWYA20120513113803/Both the plaintiff and the defendant will lose their right to proceed with a lawsuit if they had agreed to arbitration before the dispute started, according to a new legal principle established by the Dubai Real Estate Court.Sun, 13 May 2012 11:43:10 GMTEmirates 24|7 ZAWYA20120513113803Openhttp://www.zawya.com/story/Dh50_million_villa_on_UAEs_Nurai_island_up_for_sale-ZAWYA20120513030636/Ultra-luxury villas on Nurai island, off Abu Dhabi, have been put up for sale with one five-bedroom seaside estate being listed at over Dh50 million.Sun, 13 May 2012 04:51:06 GMTEmirates 24|7 ZAWYA20120513030636Openhttp://www.zawya.com/story/Empower_says_it_is_not_to_blame_for_failure_of_district_cooling_in_Skycourts-ZAWYA20120513030700/In response to the 'Emirates24|7' report "40+ degrees and no cooling in 6-tower Dubai landmark" of May 8, Emirates Central Cooling Corporation (Empower) clarified on May 12 that it is not responsible for the failure. It has blamed the Skycourts building management.Sun, 13 May 2012 04:50:30 GMTEmirates 24|7 ZAWYA20120513030700Openhttp://www.zawya.com/story/FGP_launches_luxurious_leisure_facilities_at_The_Hills_project_in_Abu_Dhabi-ZAWYA20120512081609/First Gulf Properties (FGP), real estate service provider, and property manager of "The Hills" in Abu Dhabi, announced that it has finalized luxurious leisure facilities for the project. Sat, 12 May 2012 13:43:26 GMTPress Release ZAWYA20120512081609Openhttp://www.zawya.com/story/استثمارات_جديدة_لـالديار_القطرية_في_تونس-ZAWYA20120512080520/بدأت شركة الديار القطرية اتخاذ اجراءات إعادة الاستثمارات الى تونس من خلال مشروعي مصفاة الصخيرة ومشروع توزر السياحي.Sat, 12 May 2012 08:31:20 GMTAl Sharq ZAWYA20120512080520Openhttp://www.zawya.com/story/قطر_تعتزم_استثمار_17_مليار_دولار_في_السياحة-ZAWYA20120511125224/ تمكنت قطر من الحفاظ على مكانتها كوجهة رئيسة لكبرى الشركات الإنشائية العالمية وأبرز المطورين العقارين والمعنيين بقطاع الهندسة.Sat, 12 May 2012 07:29:15 GMTAl Kuwaitiah ZAWYA20120511125224Openhttp://www.zawya.com/story/Renewing_tenancy_contracts_an_uphill_task_in_Sharjah-GN_10052012_110534/Sharjah Residents are yet again facing a challenge when renewing their tenancy contracts as inefficient staff, poor customer service and long queues compel them to take several days off work. Fri, 11 May 2012 07:34:55 GMTGulf News GN_10052012_110534Openhttp://www.zawya.com/story/178_مليونا_عوائد_بيع_عقارين_لهامور_أسهم_مكة-ZAWYA20120510071326/أنهت المحكمة العامة بمكة المكرمة بيع عقارين لأحد المستثمرين في الأسهم ممن عليه مطالبات مالية تجاه عدد من المساهمين.Thu, 10 May 2012 08:37:44 GMTAl Madina ZAWYA20120510071326Openhttp://www.zawya.com/story/عطرجي_استثمارات_بـ600_مليار_في_الجبيل-ZAWYA20120510064822/"استنفرت الهيئة الملكية طاقاتها وفقا لتوجيهات رئيسها الأمير سعود بن عبدالله بن ثنيان بضرورة جاهزية الجبيل2 بنهاية العام الجاري 2012 بدلا من العام 2022.Thu, 10 May 2012 08:35:11 GMTAl Watan ZAWYA20120510064822Openhttp://www.zawya.com/story/Lebanons_Waterfront_City_to_create_10000_jobs-DS10052012_dsart*172871/Leading real estate developer Waterfront City announced a $1.8 million corporate social responsibility initiative targeting non-governmental organizations in the vicinity of the Dbayyeh mega project.Thu, 10 May 2012 05:21:16 GMTThe Daily Star DS10052012_dsart-172871Openhttp://www.zawya.com/story/Stricter_new_tenancy_rules_in_Sharjah-ZAWYA20120510044302/Sharjah Strict new tenancy rules have come into force in Sharjah, where tenants must now declare their salaries and relationships to people living with them.Thu, 10 May 2012 05:17:01 GMTGulf News ZAWYA20120510044302Open