Mott MacDonald, a leading engineering, management and development consultancy, said it has joined forces with Restrata, a pioneer in smart tech solutions, to develop a five-step strategy to get sports fans back into stadia and enjoy live sports.

The approach, which uses performance-based epidemiology principles alongside tried and tested digital technology, can be used"...

Austria has reached an important milestone with the completion of the basic structure of its pavilion for Expo 2020 Dubai under the UAE authorities’ health and safety rules for construction sites in Dubai in context of the pandemic, a media report said.

'The postponement of the World Expo until October 2021 made it necessary to adapt the timeline for the construction of the Austria Pavilion,' Austria’s Commissioner General Beatrix Karl was quoted as saying in a WAM report.

'Phase"...

ENBD REIT, the shariah-compliant real estate investment trust managed by Emirates NBD Asset Management, has announced a major refurbishment programme for its largest asset by value, Al Thuraya Tower 1 in Dubai Media City.

Construction of the building was completed in June 2005, and it has been a cornerstone of the REIT’s office portfolio since acquisition in November"...

Working from home (WFH) is here to stay, and could reduce demand for office space by 10-20% in a post-Covid-19 world, said Barclays, a British multinational investment bank and financial services company.

“There is risk in either direction, but we see compelling evidence that the pandemic has revealed a better way of working for a large number of employees and companies,” Barclays said in its series on the Future of Real Estate, focused on office, lodging, and healthcare property.

“We"...

Dow has selected a new 50/50 joint venture of Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund to acquire three major industrial terminals on the US Gulf Coast for $620 million.

The name of the new joint venture is Vopak Industrial Infrastructure Americas, LLC, which will have a diversified set of infrastructure assets, in three locations,"...

Arabtec Holding, a leading contractor for social and economic infrastructure, said one of its subsidiaries, Target Engineering Construction Company has been awarded a AED403.8 million ($110 million) contract by Abu Dhabi Company for Onshore Petroleum Operations (Adnoc Onshore) for its key facility at Jebel Dhanna in Abu Dhabi.

Under the 20-month contract, Target Engineering"...

The Zayed Sustainability Prize, the UAE's pioneering global award in sustainability, has announced the postponement of the 2021 Awards Ceremony, which was scheduled to take place in January, as part of the annual Abu Dhabi Sustainability Week (ADSW).

Entities that have submitted their applications this year will be automatically moved to the 2022 cycle, said the"...

Beitel Group, a NY-based single-family office, has acquired Chestnut Ridge Apartments, a 384-unit apartment complex in Louisville, Kentucky.

The Property

Chestnut Ridge Apartments consists of 12 3-story brick buildings containing 369,792 square feet and features numerous floorplans that offer 1, 2, and 3-bedroom options. Surrounded by restaurants, retail, entertainment,"...

The World Green Building Council (WorldGBC) network has launched its new strategy 'Sustainable Buildings for Everyone, Everywhere' with the backing from its 70 Green Building Councils and their +36,000 members.

It is aimed at helping tackle the climate emergency, health and wellbeing and resource efficiency issues in the built environment across the globe.

Three60 Communities, a subsidiary of Eltizam Asset Management Group and leading provider of innovative community management services in the UAE and Oman, has obtained an Accredited Association Management Company (AAMC) accreditation.

With this, Three60 Communities has become one of the only two companies in the Middle East and outside the US to secure the coveted certification"...