New residential community Alreeman II launched by Aldar
Aldar Properties PJSC (Aldar) launched Alreeman II. The project is a AED 1.7 billion master planned residential community in the Alshamkha area of Abu Dhabi, available exclusively for purchase by…
45 social housing units in Oman to be built
H E Sheikh Saif bin Mohammed al Shabibi, Minister of Housing signed an agreement with a private sector institution to build 45 residential units in Juweira area in Jalaan Bani…
Egypt will invest $12mln to finalise industrial complexes
Amr Nassar, Egyptian trade minister, stated that the government would allocate EGP 200 million to install utilities required for the planned industrial complexes. The minister added that the finance required…
San Diego Area shopping center sold
Sterling Organization has bought Poway Crossing which is a 109,455 square foot community shopping center. The acquisition took place on behalf of Sterling Organization’s institutional Value-Add Fund, Sterling Values Add…
Seattle office portfolio receives $135m refinance
3650 REIT has originated a $135 million 10-year loan to refinance Martin Selig Real Estate’s three asset office portfolio in Seattle. All three properties are situated in Seattle’s Belltown neighborhood….
KKR and Alpha Industrial Properties buys Brandywine Distribution Center
A partnership between KKR and Alpha Industrial Properties has acquired Brandywine Distribution Center for $24.4 million. Stos Partners has sold the 170,011-square-foot, Class A multi-tenant property situated in San Diego’s…
Egyptian Resorts’ unit launches new residential project
Egyptian Resorts Company’s (EGTS) Sahl Hasheesh for Touristic Investment, launched EGP 52 million Bay Condos. According to a bourse statement released, the project will include 60 new residential units. It…
Wade Adams wins Dubai internal roads project
Wade Adams which is a Dubai based construction and project development company, has secured a major contract from Roads and Transport Authority (RTA) for the construction of 77 kilometre long…
IHG will open first Hotel Indigo in Qatar
InterContinental Hotel Group (IHG) has signed a management agreement with Qatari holding company Al Sraiya Hotels & Hospitality Group – part of Al Sraiya Holding Group in Qatar. The key…
Dubai’s ultra luxury developer set to deliver Anwa by Omniyat
Dubai’s ultra luxury developer Omniyat said that work is in full swing at Anwa by Omniyat, its key residential project located at Dubai Maritime City (DMC) and is on track…