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News Archive of June 2006 Page 1
Abu Dhabi to house large mixed-use projects
Property investment company Abu Dhabi Investment House (ADIH) is planning large mixed-use developments in Abu Dhabi, a top estate executive said yesterday, which will push the value of its private funds to over $1 billion.
Deyaar to showcase Lebanon projects at DREAM ‘06
Deyaar will showcase its unique Lebanon projects at DREAM 06, the first and biggest exhibition dedicated to the Middle East’s real estate market that will be held by Promofair at the Beirut International Exhibition & Leisure (BIEL) Centre in Downtown Beirut from June 28 to July 1.
Trident appoints Asteco as facility manager
Leading Real Estate Development Company, Trident International Holdings (TIH) today announced the appointment of Asteco, UAE’s largest property services company as facility managers for The Waterfront, Trident’s first freehold super luxury residential project at Dubai Marina.
Hotel investment of AED1.83b by Reef Real Estate
UAE-based Reef Real Estate Investment Company will invest Dh1.83 billion ($500 million) in two years in up to 10 new economy hotels that will be managed by Corp Executive Hotels, a new hotel management firm in which Reef has a 50 per cent stake.
Sama Dubai awarded by Emirates Marine Environment Group
Sama Dubai, the international real estate investment and development arm of Dubai Holding, has been honoured by Emirates Marine Environment Group (EMEG) for its ongoing efforts to preserve the environment and drive sustainable development practices in the UAE’s construction and real estate sectors.
Hamburg based Property Fund to invest in RAK freehold zones
Arabian Opportunities 2, a Hamburg based Property Fund, has opened its branch in a Free Zone managed by the RAK Investment Authority with a view to invest in real estate opportunities in Freehold Areas that are coming up in Ras Al Khaimah.
Construction of Emirates Financial Towers to commence
Al Habtoor-STFA Construction, one of the largest construction companies in the Middle East who were among ten companies short-listed for the position, officially signed the contract to commence piling work of the Emirates Financial Towers (EFT).
Goldcrest Dreams witnesses superb response
Due to the tremendous response that Goldcrest Dreams witnessed at the sales exhibition concluded recently in Dubai, the developer Star Giga Establishment Limited is organizing a road show in Sharjah.
Emaar launches fifth in six South Ridge Tower series
Real estate major Emaar Properties today launched South Ridge 6, the fifth in a series of six South Ridge towers within the 500-acre Burj Dubai Downtown development.
Tamweel holds workshop on facets of property market
Tamweel, UAE’s leading provider of home finance organised a one-day workshop to explore various facets of the real estate sector in the UAE, shedding light on the property market buoyancy and its future outlook.
Dubai Properties promotes Dubai in US-Arab Economic Forum
Dubai Properties (DP), a member of Dubai Holding, will participate in the US-Arab Economic Forum 26-28 June as part of its strategy to promote Dubai and encourage investments from the West.
ETA Star launches The Summit with upto 80% finance
ETA Star, a leading freehold property developer in the UAE has launched its latest project, The Summit, a 38 storeyed commercial and office tower located between Dubai Media City and Dubai Marina on Sheikh Zayed Road.
R Holdings launches AED 250m Lilies Tower in Ajman
R Holdings have announced the launch of the Lilies Tower in the Emirates City in Ajman.
Business Bay investment reaches AED 2b mark
The total investment in Dubai’s expansive Business Bay free zone district is closing in on the Dh200 billion mark.
Construction for Tiffany Tower commences
An exclusive commercial freehold development, Tiffany Tower was sold off-plan within two months, and piling work and shoring has already begun, according to Dubai-based property services leader Asteco.
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