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Press Release:
اعلن مصدر مسؤول لدى شركة "أسيتس للإستثمار العقاري" عن أن الشركة في مرحلة التخطيط الهندسي لمشروعها السياحي "سوانى جابر" بالساحل الشمالي ومن المتوقع فتح باب الحجز للمرحلة الأولى في الربع الأول من عام 2009 ----------- مستشفى السلام الدولى تشتري 70% من مشروع "مركز الطبيب" وتقترح ضم باقي أعضاء "مركز الطبيب" تحت إدارة مستشفى السلام الدولي ------------ شركة تمويل الإمراتية (مصر) تدرس مشروعات "أسيتس للإستثمار العقاري" لتمويل وحدات مشروعاتها التجارية لعملاء الشركة
Middle East Real Estate:
Consolidation to be the theme for Dubai banks, real estate in 2009 ------------ UAE. It is up to the shareholders to decide, but consolidation will happen, said a Dubai government official ------------ Tunisia sees no pull back of Gulf investors ------------ TUNISIA. High-profile projects in Tunisia financed by Arab Gulf investors will not be scrapped or delayed because of falling oil prices and the global economic downturn, a senior government official was quoted as saying this week ------------ Emaar Properties outlook revised to 'negative', ratings affirmed ------------ UAE. S&P says rating factors include the weakening of the Dubai real estate market, the concentration of the group's operating cash flows in a relatively small number of large projects, and the group's aggressive geographic expansion into markets with higher political and economic risk ------------ Barwa Real Estate wins global award ------------ QATAR. Barwa Real Estate Company has been awarded the 'Best Islamic Real Estate Institution Globally ------------ Dubai faces mortgage crisis as buyers stall, default system untested ------------ UAE. Banks that financed Dubai's six-year real estate boom now face the unprecedented challenge of foreclosing on bad mortgages as over-stretched borrowers, who had hoped to cash-in on soaring property prices, default ------------ Hamptons International launches new global portal with country-specific sites for ease of customers ------------ UAE. New site showcases extensive project portfolio, directing regional customers to specific country websites ------------ Nakheel says has enough funds for projects ------------ UAE. Developer has adequate funds for its projects but has no plans to launch new developments as sales are slowing ------------ Union Properties to sell US$680 million convertible bond ------------ UAE. Dubai-based real-estate developer plans to sell convertible bonds worth AED 2.5 billion (US$680 million) to 'strategic investors' ------------ Qatar real estate to see shift in favour of tenants, says DTZ report
Global Real Estate:
REIT Moves Rub Executives Wrong Way Volatility in the stocks of real-estate companies are angering ------------ Developers Ask U.S. for Bailout ------------ Big property developers are asking to be included in a new $200 billion loan program as a surge in commercial mortgages comes due ------------ Builder Soho China Stumbles in Beijing ------------ Soho China tried to save a historic district in Beijing, but instead one of China's best-known firms found itself locked out of revenue ------------ Chrysler HQ Big Factor in Sale ------------ A sale or merger of Chrysler would raise the question of what would happen to the auto maker's sprawling headquarters complex ------------ Foreign Cue, Across the globe this December, funds that invest government money have been among the few buyers of big-ticket properties.
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