Wednesday, December 31, 2008
Rawalpindi: The poor condition of electricity wiring of most of the plazas in the city could lead to another incident like Gakhar Plaza where fire broke out due to short circuit and concerned authorities are least bothered to address the situation.
According to a survey conducted by ‘The News’ the most serious situation of the electricity wires was witnessed at mega shopping malls ... more
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Wednesday, December 31, 2008
Lahore: SITE offices, manned by the personnel of the agencies concerned, should be set up for the projects being executed under the Lahore Roads Rehabilitation Programme, at a cost of Rs14 billion, to ensure coordination among the relevant departments for early completion of the projects.
These directions were issued by Task Force on Rehabilitation of Roads Chairman Kh. Ahmad Hass ... more
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Tuesday, December 23, 2008
Prime residential rents in central London have fallen sharply in the last three months, the largest drop since 1995, according to a new report.
Knight Frank's latest index shows that rents have now fallen for three consecutive quarters taking them back to a level last seen in March 2007.
They fell by 9.6% over the last three months and by a total of 12% over nine month ... more
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Monday, December 22, 2008
A flood of repossessions in the UK property market in 2009 will depress the real estate market even further and put off recovery for longer, a leading housing expert claims.
Steve Wilcox, of the Centre for Housing Policy at the University of York and author of the recently published UK Housing Review 2008/09, is urging the government to do more to help those in danger of having th ... more
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Monday, December 15, 2008
The second ACRES real estate exhibition kicked off on Monday in Sharjah, with over 100 real estate companies participating. Shaikh Saud Bin Khalid Bin Sultan Al Qasimi, a consultant in Sharjah Ruler's office, opened the event yesterday and conducted a tour of the exhibition space. Shaikh Saqr Bin Ahmed Bin Sultan Al Qasimi, chairman of Emirates Vision events management, organisers of the exhi ... more
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Sunday, December 14, 2008
Hydra Properties, a UAE-based property developer, said it will develop a new mixed-use project in Sharjah that is expected to have a resident population of 50,000. Hydra Village Sharjah is "poised to become a pioneering development in the emirate, the company said, but did not disclose how much it will spend on the project. The announcement comes at a time when most real estate developers are ... more
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Wednesday, December 03, 2008
Persistent talks of a bubble bursting wide open in the UAE real sector poses an uphill struggle next year for Emaar Properties, the biggest property developer in the Gulf region. Property developers like Emaar in Dubai are starting to feel the painful effects of a sharp drop in new buyer appetite, combined with a drop in property prices exceeding 20 per cent in certain areas, Shuaa Capital sa ... more
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Tuesday, December 02, 2008
More than 4000 candidates, some of the best professionals competing from 97 countries, an astute committee consisting of ... more
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Tuesday, December 02, 2008
Nakheel, the UAE's biggest developer by project value with nearly Dh294 billion ($80 billion) master-planned developments in the pipeline, appears to consider a Dh55 billion ($15 billion) initial public offering (IPO) to raise capital to fund some projects. A Bloomberg report on Monday said quoting unnamed bankers that the developer is also is looking for IPO managers. When contacted, a Nakhe ... more
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