India’s real estate has changed in 90 days

PIN
Mumbai skyline. Since January, the market share of Grade A developers has been rising steadily with Pune, Bengaluru, Mumbai and NCR markets accounting for the majority of sales. Image Credit: Bloomberg As the world restarts gradually after coming to a screeching halt, how will the Indian real estate sector look post-COVID-19? The battle had commenced[…]

UAE needs to bring in the ‘revenge’ spenders

PIN
Let’s get the recovery back on track… tapping into pent up demand, and it’s very much there, would be one way to push spending patterns to where they belong. Image Credit: Gulf News On May 5, the Shanghai government introduced the “Double Five Shopping Festival”, scheduled to last for two months, providing mega discounts and[…]

Bulgari Hotel Roma to debut in 2022 | News

PIN
Bulgari has signed an agreement for a new hotel in the centre of Rome, scheduled to open in 2022. The new Roman hotel will be strategically located in the central Piazza Augusto Imperatore. This is in the very heart of the Campo Marzio neighborhood, a short distance from Via del Corso and Via del Babuino,[…]

UAE billionaire numbers fell in 2019

PIN
A fall in oil revenues, lower stock market returns and the weakening property sector saw the UAE’s number of billionaires fall in 2019 despite a global rise. According to the latest annual report from Wealth-X, there were 47 billionaires in the UAE – down from 55 in 2018. The total wealth among the ultra-wealthy also[…]

Global real estate market plunges amid COVID-19 pandemic

PIN
Owning a home remains the single most important investment in most people’s lives. The novel coronavirus pandemic will impact all players in the real estate chain from tenant, landlord, lender, service provider, broker, insurer, investor, etc. A moratorium in the construction industry has been placed in many parts of the world with new protocols requiring[…]

Devmark signs up for a DMCC space

PIN
A ThinkLab crafted imagery. The design firm has signed a partnership agreement with Devmark. Image Credit: Devmark Dubai: Devmark, a real estate consultancy, has signed a partnership deal with ThinkLab and will also open an office at Dubai Multi Commodities Centre (DMCC). ThinkLab has developed photo-realistic imagery that allows developers to showcase their renderings and[…]

Mideast Stocks: Qatar leads most of Gulf higher; property shares hurt Dubai

PIN
By Mideast Stocks: Qatar leads most of Gulf higher; property shares hurt Dubai, Reuters News Most Gulf bourses ended higher on Thursday with Qatar leading the gains, boosted by market heavyweight Industries Qatar, although weakness in real estate shares weighed on the Dubai index. The Qatar index rose 1.4%, with petrochemical firm Industries Qatar advancing 4.6%[…]