DAMAC Properties, a leading luxury real estate developer in the region, has been recently awarded the ‘Property Developer of the Year UAE 2019’ at the International Business Magazine Awards.

The International Business Magazine Awards was designed and developed to recognise exceptional work globally and across industry sectors. The judging panel, comprised of experienced professionals and industry experts, have selected the winners after"...

Atkins, a leading design, engineering and project management consultancy, has announced three new appointments to its senior leadership team in Middle East and Africa (MEA) as part of its expansion plans for the region. These are Johan Hesselsoe, Kathleen McGrail and Shadi Jebreel.

A member of the SNC-Lavalin Group, Atkins has a track record of delivering flagship projects in the UAE such as Dubai Opera, Burj Al Arab and Dubai International Airport.

According to Atkins, these new appointments have"...

Sharjah Holding, a partnership between Majid Al Futtaim Properties and Sharjah Asset Management, has launched Orchid, a new 1.4 million sq ft neighbourhood in the Al Zahia development in the Northern Emirates.

It will be the first time buyers will be able to design and build bespoke mansions and villas in Al Zahia.

Plots range from 5,000 sq ft to 12,000 sq ft

The"...

Dubai’s Real Estate Regulatory Agency will assume responsibility for overseeing escrow accounts held by developers and will also accredit the financial institutions qualified to manage them, according to a law issued by the Dubai government on Sunday.

The regulation restructures the legal provisions granted to the agency. Rera will govern the development, brokerage and management of real estate with a view to providing “a secure environment"...

Materials Handling Middle East, the region’s dedicated warehousing, intralogistics and supply chain solutions show, racked up a 12 per cent visitor uplift during the 10th edition of the biennial event which was held recently in Dubai.

Some 3,882 visitors from more than 50 countries turned out for the show which has evolved into a futuristic showcase of robotics"...

Sharjah Holding PJSC, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, announced the launch of its newest neighbourhood – Orchid – offering buyers the opportunity to own a limited number of exclusive residential plots, ranging from 5,000 square feet to 12,000 square feet, with ready infrastructure at Sharjah’s premier lifestyle destination. This one-of-a-kind development with a direct connection to the Northern Emirates’ largest mall – City Centre Al Zahia"...

ENBD REIT (CEIC), a Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management,, has completed its share buy-back programme, as part of plans to realise value for shareholders holding equity, which has been trading at a significant discount to the REIT’s asset valuations.

The initiative has also achieved its objectives of preventing disproportionately negative movements in the share price resulting from small trades as well as providing additional liquidity.
...

Global engineering, design and advisory company Aurecon has established a new global data and analytics team to address increasing demands for technology solutions that transform the design, construction and management of modern infrastructure.

An industry veteran, Eric Louw has been appointed as the director to lead a core group of data scientists and data engineers"...

BentallGreenOak (BGO) announced today that it has again achieved top global rankings in the 2019 Global Real Estate Sustainability Benchmark (GRESB), continuing the company’s exceptional global leadership position in sustainable investing for the 9th straight year.

The BGO Diversified US Property Fund was ranked 1st in the US Diversified peer group and 2nd overall globally. The BGO Prime Canadian Fund posted its best GRESB performance ever"...

The City of Tampere’s newest district is being constructed over the railway tracks in Tampere city centre. The main landmark for the Tampere Deck district, the Tampere Deck Arena will be Finland’s biggest sports and event venue. The foundations for the building were laid on 5 September, and the Arena is set for completion by the end of 2021.

Designed by architect Daniel Libeskind, the Tampere Deck will bring together both eastern and"...