Eagle Hills, Edamah Launch $4bln Real Estate Company
Eagle Hills International, an Abu Dhabi-based real estate investment and development firm, has signed a joint co-operation agreement with Edamah, the real estate arm of Bahrain's sovereign wealth fund Mumtalakat, to set up a new real estate development company - Binaa Al-Bahrain - at a total investment of $4 billion in the kingdom, reported BNA. Announcing the launch today (February 21), Eagle
KAMC Set To Manage 750,000 sq m Of Built-Up Assets
Kezad Group, a subsidiary of AD Ports Group, is set to transfer the management of approximately 750,000 sq m of its built-up assets to Kezad Assets Management Company (KAMC). KAMC was announced in October 2022 by Kezad Group to focus on managing Kezad Group’s existing built-up assets. Kezad Group currently has approximately 500,000 sq m of built-up assets and another 250,000
Bloom Holding Launches Seville, An Exceptional Lakeside Community In Abu Dhabi
Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of ‘Seville’, the fifth phase of its fully integrated and all-inclusive community in Abu Dhabi, Bloom Living. Inspired by the Mediterranean Spanish architecture and elevated by the comfort of modern living, Seville is the first of Bloom’s offerings in 2024. The fifth phase of Bloom Living
Korea’s H2O Establishes Regional HQ In Abu Dhabi
H2O Hospitality (H2O), a South Korean digital innovation company in the accommodation and leisure industry, has established its regional headquarters in Abu Dhabi in collaboration with the Abu Dhabi Investment Office (ADIO). The move highlights the deepening economic cooperation between South Korea and Abu Dhabi which has become increasingly focused on synergies related to innovation and technology. In the last 10 years,
Abu Dhabi’s Real Estate Market Continues Its Upward Trajectory In Q4 2023
The latest Abu Dhabi 4th quarter real estate review report from ValuStrat, a globally recognised consultancy specialising in multi-sector advisory services, has revealed insightful dynamics in Abu Dhabi's real estate market. The comprehensive report illustrates a market that not only sustains its growth momentum but also showcases significant resilience across various segments, including residential, commercial, hospitality, and industrial sectors. The ValuStrat Price
ServeU, A Union Properties’ Subsidiary, Introduces Advanced Robots “Leo” And “Rex” For Major Project In Abu Dhabi
ServeU, a subsidiary of Union Properties and a leading facilities management (FM) solutions provider in the UAE, has integrated cutting-edge robots into its cleaning solutions, demonstrating the company's commitment to innovation and environmental stewardship. The advanced robots, named “Leo” and “Rex”, have been successfully incorporated into one of ServeU's esteemed projects in Abu Dhabi, signalling a revolution in the field
Reportage Properties Organize A Special Sales Day In Abu Dhabi
Reportage Properties, the leading UAE real estate developer, is organizing a special sales day at the Sofitel Abu Dhabi Corniche Hotel, next Sunday, February 18th. The event includes special offers on the company's latest local and international projects. The “Reportage Properties” portfolio includes 29 projects in the UAE, Egypt, Turkey, and Morocco. Reportage Properties confirmed focus on providing many special offers and discounts
UAE: $925mln Generated In Property Sales Through ADJD’s Auction App
Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction App has generated over AED3.4 billion in sales. In more detail, 333 properties worth AED3,401,835,871, have been sold in addition to 1013 vehicles valued at AED78,277,025, jewellery worth AED232,720, and 1,784 movable properties totalling AED129,429,625. These statistics highlight the growing popularity and effectiveness of the ADJD
AED 3.4bln In Property Sales Through ADJD’s Auction App
From June 2022 to mid-February 2024, sales of real estate properties through the Abu Dhabi Judicial Department's (ADJD) Auction App have exceeded AED 3.4 billion after 333 properties were put up for sale since the launch of this smart application, which is dedicated to auctioning seized properties and allows direct remote bidding. In detail, the statistics of the Auction App show