Industry News

Global commercial property market ends 2017 in positive mood

Great news for Quantity Surveyors and related industries. The Q4 2017 RICS Global Commercial Property Monitor, which has just been released, suggests that sentiment remains generally upbeat across the majority of real estate markets covered [...]

Welcome to the Floating Venice, 4km off the Dubai coast

Kleindienst Group on Monday launched The Floating Venice, the world's first underwater luxury vessel resort to be built off Dubai's coastline. Valued at AED2.5 billion ($680 million), The Floating Venice will be located in The [...]

Nakheel to announce projects worth $871m at Cityscape

Nakheel, the Dubai-based master developer, has said that it will announce a range of projects – collectively worth more than $871 million – at Cityscape Global 2017. In a statement, the developer said that it [...]

Oman approves 15 construction tenders worth $15m

Oman’s Tender Board approved construction, infrastructure, and property tenders worth $14.8m (OMR5.7m) during its seventh meeting of 2017. The organisation, led by chairman Dr Rasheed bin Al Safi al-Huraibi, approved 25 tenders, worth $53.4m (OMR20.6m), [...]

Blueprint unveiled for $1.5bn Dubai Food Park

Sheikh Mohammed bin Rashid Al Maktoum – Vice President and Prime Minister of the UAE and Ruler of Dubai – has unveiled the blueprint for Dubai Food Park (DFP), the latest addition to Dubai Wholesale [...]