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Middle East construction still top investment option

The Middle East and Africa construction event, The Big 5, which is being held 25-28 November at the Dubai World Trade Centre unveiled a first-of-its-kind research report titled The Voice of the Construction Industry Report. This is the first report to investigate the full spectrum of the construction industry through the eyes of its senior…

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United Arab Emirates launch blockchain land registry in Abu Dhabi

The Department of Urban Planning and Municipalities of the United Arab Emirates has reached an agreement with Tech Mahindra Ltd. in order to launch a distributed ledger blockchain technology solution to track land registry records. Tech Mahindra is an information technology company based in India, will create the blockchain registry for the land development strategy…

Warren Buffett will enter the real estate market in Spain

Berkshire Hathaway HomeServices, real estate mediation franchise network of the magnate Warren Buffett group, has landed in Spain to market luxury homes The company enters the Spanish market in partnership with Larvia, real estate consultancy of the Petrus group, owned by the Rabassa family. Under the alliance, Larvia will be renamed Berkshire Hathaway Larvia HomeServices…

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Milan Commercial Properties Surge as Billionaires Buy In

Real estate investors, from the sovereign wealth fund of Azerbaijan to Blackstone and UBS Group, are taking advantage of an increase in demand for offices in Milan that is pushing prices to new highs. The lack of development in the financial capital of Italy is increasing rents, just as the shortage of prime real estate…

Real Estate transactions in Dubai rise in 2019

  The value of real estate transactions in Dubai rose 33 percent to $9.26 billion in the first five months of the year, according to statistics from the Dubai Land Department. According to the data, the value of residential and commercial apartments’ deals reached $4.63 billion, while land purchase transactions stood at $3.81 billion. Deals…

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