Tag: Property B News
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Clean Planet Energy partners with Crossroads Real Estate for 10 new advanced recycling facilities across the UK
LONDON, UK, 16th November 2022: Clean Planet Energy today announced a new joint venture with private equity firm Crossroads Real Estate to fund Clean Planet Energy’s flagship ecoPlant currently under construction in Teesside, North East England. This will be the first of 10 new ecoPlants that Crossroads Real Estate and Clean Planet Energy are jointly seeking…
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Magnom Properties to showcase colourful sculptures by Richard Orlinski
Cairo, Egypt; November 15, 2022: Magnom Properties is partnering with French contemporary artist, Richard Orlinksi, to debut a collection of his colourful animal-inspired resin sculptures at the company’s first project in Egypt’s New Administrative Capital (NAC). Known for his electrifying sculptures of remarkable dimensions exhibited globally such as his well-known Red Gorilla ‘Wild Kong’ displayed at…
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Qatar’s Real Estate Rental Market Sees Significant Rise in Sales Owing to FIFA World Cup
Doha, Qatar – 15 November 2022: The latest Qatar Real Estate Market Trends Report from Property Finder, the region’s leading PropTech company, revealed a considerable 2.97% increase in demand for residential sales in September and October, given the highly anticipated FIFA World Cup taking place this month. The increase in impressions and leads on properties…
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Emaar achieved group property sales of AED 26.9 billion (US$ 7.3 billion) in the first 9 months of 2022
Dubai, United Arab Emirates – 14 November 2022: Emaar Properties PJSC (DFM: EMAAR), announced continued growth in the first nine-month profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses. Key performance highlights Emaar recorded revenue during the first nine months of 2022 (“9M 2022”) amounting to AED 18.9 billion…
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Ellington Properties signs strategic partnership with BSBG for a new era of expansion
November 14, 2022, Dubai, UAE,: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, has appointed Brewer Smith Brewer Group (BSBG), an award-winning international design architecture and executive architecture group, as their lead consultant for new and upcoming projects located in Downtown Dubai, Jumeirah Lake Towers (JLT) and Business Bay. The partnership marks a new era…
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SHUAA Capital delivers AED 20 million net profit in Q3 2022
United Arab Emirates, 11 November 2022: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has announced its financial results for Q3 2022. In the third quarter, SHUAA and its subsidiaries (the “Group”) reported a net profit attributable to shareholders of AED 20 million compared to a net loss of…
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Eshraq Investments reports its highest ever quarterly profit in its history of AED 474 million for Q3 2022
Abu Dhabi, UAE; 11 November 2022: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), today announced its results for the period ended September 30, 2022. The Company reported its highest ever quarterly net income of AED 475 million, a 27-fold jump year-over-year. Eshraq’s book value stood at AED 0.9238…
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Driven Properties wins Quality Brokerage of the Year 2022
11 November 2022 – Dubai, UAE: Driven Properties, Dubai’s leading luxury real estate brokerage, won Quality Brokerage of the Year at last night’s Property Finder Real Estate Awards. It is the second consecutive year the company bags the coveted award – and the first ever that the same agency wins twice in a row. The…
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Four Seasons and Midad Real Estate Announce Plans for Hotel in Jeddah’s Corniche District
The upcoming luxury hotel, serviced apartments and branded residences will have exceptional views of the Red Sea and easy access to Jeddah’s dynamic commerce hubs Toronto, Canada, November 10, 2022- Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, announces plans to expand its presence in the Middle East alongside Saudi-based investment firm…
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ZāZEN Properties shares insights on unprecedented growth in the UAE’s residential real estate sector
Dubai, UAE – 10 November 2022: ZāZEN Properties, a leading sustainable property developer in the UAE, is observing strong growth in the UAE’s residential real estate sector. The homegrown brand notes that the sale of off-plan and secondary properties in Dubai reached a 12-year high in the third quarter, both in terms of volume and…
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