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The project will include 100 residential plots
13 January 11:44 AM Ithmaar Holding partners with Naseej to develop BHD 40m residential project
Mubasher: The Bahrain-based Ithmaar Holding has reached an agreement with Naseej to establish a BHD 40 million residential project in the northern governorate area of Barbar. Spanning over around 150,000 square metres, the project will include 100 …
The bank acquired the 2,032-unit portfolio in the US in 2016
28 April 2020 11:50 AM Al Salam Bank exits from real estate portfolio in US for $182m
Mubasher: Al Salam Bank – Bahrain, dually listed on Bahrain Bourse and the Dubai Financial Market (DFM), has sold a portfolio of seven multifamily assets in the US for $182.5 million, exceeding the original underwriting. The bank acquired …
The Bridge offers access to major European cities, including Paris and London
16 March 2020 10:37 AM Investcorp takes over Coca-Cola Belgium HQ for EUR 88m
Mubasher: Investcorp announced that its European real estate business has acquired The Bridge, a single let office and research and development (R&D) asset in Brussels, from a wholly-owned subsidiary of the Coca-Cola Company for EUR 88 million …
GFH Capital’s partner Arbor holds a 9% stake in the portfolio
8 February 2020 05:36 PM GFH Capital acquires $250m hospitality portfolio in US
Dubai – Mubasher: GFH Capital, a subsidiary of GFH Financial Group announced the acquisition of $250 million hospitality portfolio in the US in partnership with Arbor Lodging Partners consisting of twelve premium-branded select-service hotels …
The deal will reflect positively over the coming years
4 February 2020 00:54 PM Inovest suffers $4.5m loss on debt settlement
Mubasher: An associate of Inovest, Marina Durrat Bahrain Real Estate Development, signed an agreement on Monday, 3 February 2020, to fully settle its debt with a Bahrain-based local commercial bank.          The transaction has lead to …
The real estate market in Dubai is set to flourish this year
10 January 2020 08:07 PM Ten reasons for confidence in Dubai’s real estate sector
By: Muhammad Abdul-Wakeel UAE – Mubasher: The real estate market in Dubai is set to flourish this year, backed by a series of positive indicators that are promising great outlook for the sector. Chairman of W Capital Real Estate Brokerage Company …
Off-plan properties remained the top preference for investors
7 January 2020 05:03 PM Dubai records highest property sales in 11 years
By: Muhammad Abdul-Wakeel UAE – Mubasher: A total of 41,988 real estate transactions were registered in the UAE’s Emirate of Dubai in 2019, up 20% from the year before, according to data released by Data Finder, a platform affiliate to Property …