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Real Estate
New mansion tax to impact Los Angeles real estate deals
Los Angeles will be applying a new mansion tax on commercial and residential real estate transactions that exceed…
Concerns about US commercial real estate risks on rise
The U.S. real estate sector has been under pressure by the Federal Reserve continuous interest rate increase,…
Real-estate rental deals up by 81% in Saudi Arabia
Residential and commercial rent deals in Saudi Arabia have doubled during the past year, going up to $20.2 billion,…
Taylor Swift’s real-estate empire reaches $150mln
Singer-songwriter, Taylor Swift’s real-estate, which she has been growing since she was 19 years old, has been…
Orascom Development records 45.2% profit increase in 2022
Orascom Development Egypt (ODE) has recorded a net profit up 45.2 percent to record 1.9 billion Egyptian pounds…
Tycoon Tower in NAC sells 50% of its units for EGP 2bln
Nile Developments announced on Monday that its Tycoon tower sold 50 percent of its first phase for EGP 2 billion.
Emaar Misr 2022 net profit grows 59.3% y-o-y
Egyptian property developer Emaar Misr reported on Tuesday a 59.3 percent year-on-year growth in profit during…
Egypt’s Palm Development sells its entire stake 18,23% in Incolease
Egyptian Palm Hills Development Company sold its entire stake 18.237 percent in the International Financial Leasing…
UAE’s Aldar, Diamond Developers to launch 1st sustainable city in Arabian Peninsula
UAE’s Aldar Properties and Diamond Developers will build the first sustainable city in the Arabian Peninsula that…
Chestertons partners with Gemini to kick off Egypt operations
Dubai-based property consultancy major Chestertons International announced on Monday an affiliation agreement with…