Dh106 bn property deals done in Dubai in the first five months of 2019Pritam BordoloiSeptember 18, 2019November 4, 2019 by Pritam BordoloiSeptember 18, 2019November 4, 2019 48 new projects were launched during this period which will add around 8000 residential units to the market... Read more
Lendlease to raise S$1.03 bn by listing a new REIT in SingaporePritam BordoloiSeptember 18, 2019November 4, 2019 by Pritam BordoloiSeptember 18, 2019November 4, 2019 About 387.5 mn units of the REIT will be offered under the IPO at S$0.88 each... Read more
Blackstone raises $20.5 bn in largest ever real estate fundInternational Finance DeskSeptember 12, 2019November 4, 2019 by International Finance DeskSeptember 12, 2019November 4, 2019 The fund known as Blackstone Real Estate Partners IX will invest in properties worldwide... Read more
China Yuanbang invests in property developmentInternational Finance DeskSeptember 11, 2019December 23, 2019 by International Finance DeskSeptember 11, 2019December 23, 2019 The company has forwarded the loan to Guangzhou Jiadi Xindu and Kaiping Qingshi Auto Parts at an interest rate of 16% per annum... Read more
Brazil’s QuintoAndar secures $250 mn SoftBank led fundingInternational Finance DeskSeptember 10, 2019December 23, 2019 by International Finance DeskSeptember 10, 2019December 23, 2019 With the new funding from SoftBank, the Brazilian company enters the unicorn territory with a valuation of over $1 bn... Read more
Aldar launches its first Dh722 mn Saadiyat communityInternational Finance DeskSeptember 9, 2019December 23, 2019 by International Finance DeskSeptember 9, 2019December 23, 2019 Covering an area 422,370 square metres, the project features 1306 villa plots ranging between 600 to 1,400 square metres... Read more
Dubai’s housing prices likely to fall for another year: ExpertsInternational Finance DeskSeptember 6, 2019December 23, 2019 by International Finance DeskSeptember 6, 2019December 23, 2019 A slowing economy and oversupply in the market are some the major reasons for the price fall... Read more
Tech@SG scheme to boost the home rental market in SingaporeInternational Finance DeskSeptember 5, 2019December 23, 2019 by International Finance DeskSeptember 5, 2019December 23, 2019 Demand for luxury homes are already on the rise especially from the banking, finance, and fintech professionals... Read more
Kuwait’s First Dubai settles Dh189.5 mn debt to GCC bankInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 The settlement was funded through First Dubai and its parent company Al Mazaya Holding’s current account... Read more
Emaar Properties to issue Islamic bonds; hires Standard CharteredInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 The bond issuance is a part of the company’s $2 bn debt raising programme... Read more