Greenstone Equity Partners and Centersquare Investment Management Secure $125 Million for Service Properties’ Joint Venture

Greenstone Equity Partners and Centersquare Investment Management Secure 5 Million for Service Properties’ Joint Venture

Dubai, United Arab Emirates: CenterSquare Investment Management announced the launch of a Service Properties’ Joint Venture (the JV) with a Middle Eastern capital partner. The JV has the ability to acquire up to $125 million in assets. Greenstone Equity Partners led CenterSquare’s capital raising across the GCC. The JV is focused on acquiring and building a diversified portfolio of US-based Retail Class A properties.  Service Properties, a niche sector of Retail, comprise institutional quality, multi-tenant shopping centers leased to businesses whose customers must visit the store to consume the service.…

Pantheon in talks to develop 3D building in the UAE

Pantheon in talks to develop 3D building in the UAE

Dubai, United Arab Emirates,  (AETOSWire): There is a growing demand for building 3D housing units across the globe, encouraged by the benefits afforded by the technology. Last year, the global 3D printing in construction market was valued at $7 billion, with a projected compound annual growth rate (CAGR) of 91.5 per cent through to 2028, according to latest research. The growing adoption of 3D technology in designing and building a wide range of construction projects is attributed mainly to the accuracy and quality it delivers, along with the cost efficiencies…

ARZAN WEALTH ACHIEVES SUCCESSFUL EXIT OF A US SENIOR LENDING TRANSACTION

ARZAN WEALTH ACHIEVES SUCCESSFUL EXIT OF A US  SENIOR LENDING TRANSACTION

DUBAI, UNITED ARAB EMIRATES–(AETOSWire)_ Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised its clients on a successful exit of a senior lending transaction in the United States, achieving strong returns for investors. The transaction was entered into in December 2018 as part of Arzan Wealth Real Estate Debt Platform which focuses on senior and mezzanine opportunities and is designed to respond to diverse market conditions, and to meet investors needs for a low…

wasl properties releases Tiara United Towers – its first development in Business Bay

وصل للعقارات تطرح ” أبراج تیارا یونایتد ” أول مشروع لها في الخليج التجاري

wasl properties releases Tiara United Towers – its first development in Business Bay wasl properties, one of the largest real estate development and management companies in Dubai, announced the release of Tiara United Towers, its first mixed-use development in Business Bay. The development comprises two towers, East and West, with 424 units in East and the 425 units in West Tower. The project is located strategically along Sheikh Zayed Road, with a view of Burj Khalifa, Downtown Dubai and Dubai Water Canal. As a first step, the company will be…

ARZAN WEALTH SUCCESSFULLY SELLS AN OFFICE BUILDING IN THE NETHERLANDS

ARZAN WEALTH SUCCESSFULLY SELLS AN OFFICE BUILDING IN THE NETHERLANDS

Dubai, United Arab Emirates,  (AETOSWire) – Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised its client on the sale of an office building in Leiden, The Netherlands. The sold property is a high-quality office building comprises 20,616 sq.m. of office accommodation over 10 floors with 586 car park spaces and is built according to BREEAM “Excellent” standards and located in Leiden Central Business District, The Netherlands. The property serves as the Global Headquarters…

TIME to open eight new properties across Middle East and Indian Ocean by 2022

تايم للفنادق تفتتح ثمانية فنادق جديدة

TIME to open eight new properties across Middle East and Indian Ocean by 2022 TIME will add new hotels and apartments in Dubai, Sharjah, Fujairah, Saudi Arabia, Egypt and Mauritius Enlarged portfolio to be showcased at Arabian Travel Market 2021 TIME Hotels, the UAE-headquartered hospitality company and hotel operator, is all set to reveal its plans to open eight new properties across the Middle East and the Indian Ocean, over the next 18 months. The properties, which will see the growth and launch of existing as well as new TIME…

ARZAN WEALTH SUCCESSFULLY SELLS ANOTHER PROPERTY FROM “SINGLE TENANT PORTFOLIO” IN USA

ARZAN WEALTH SUCCESSFULLY SELLS ANOTHER PROPERTY  FROM “SINGLE TENANT PORTFOLIO” IN USA

Dubai, United Arab Emirates,  (AETOSWire): Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has successfully advised its clients on the sale of a fifth property (“The Property”) from the Single Tenant Portfolio in USA. The Single Tenant Portfolio was acquired in June 2017, consisting of 6 single-tenant net-leased buildings with a total of 760,533 sq ft, located in 6 states in the US, and sectorally diversified with healthcare, industrial, and office assets, and with tenants…

Vincitore Realty launches largest outdoor retail experience  to create a new Downtown at Dubailand

أطلقت شركة فينسيتور ريالتي أكبر تجربة بيع بالتجزئة في الهواء الطلق

Vincitore Realty is redefining the boutique retail experience in Dubailand with its latest offering – The Promenade at the Vincitore Boulevard near Miracle Gardens at Arjan in Dubailand – that is going to offer a completely new outdoor retail experience and attract visitors to the neighbourhood Vincitore Realty launches The Promenade, one of its kind retail concept realty ready to become the new retail downtown of Dubailand; The Promenade is planned to cater to all the residents and tourists retail needs under one roof. There is a beautiful long boulevard…

Kashkha Opens its 9th Store in the UAE at City Centre Al Zahia

كشخة تفتتح متجرها التاسع في الإمارات العربية المتحدة

Kashkha, a global retail brand for contemporary Arabic fashion, has announced the opening of its 9th store in the UAE at the newly launched premier shopping and leisure destination City Centre Al Zahia in Sharjah. It is Kashkha’s first brick-and-mortar store in Sharjah and promises a distinctive and immersive shopping experience with its thoughtful design, meticulous layout, spectacular window displays, and high-quality products. The popular Arabic label already has a strong presence in leading malls in Dubai, Abu Dhabi, Al Ain, Ajman and Fujairah. Commenting on the opening, the Kashkha…

Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months

منصة استثمارية لـ”لوتاه لتطوير العقارات” تتلقى 3,000 استفساراً

Lootah Real Estate Development’s fractional ownership platform receives over 3,000 enquiries in 2 months Surge in interest reflects a robust demand for property investment in the UAE, especially from first-time investors Real Share platform allows local and international investors to invest as low as AED5,000, with annual returns ranging from 6 to 9 per cent* The fractional ownership platform of Lootah Real Estate Development (LRED), one of the region’s most prominent real estate developers, has received over 3,000 enquiries since its launch in December, indicating a robust demand for property…