News Archive: 2010: commercial property

16, 2010 November:

London's most iconic hotels to be sold to Middle East

Some of London's most iconic hotels could be sold to Middle Eastern investors who are keen to snap up luxury UK brands, according to a travel industry report...

27, 2010 October:

World's tallest building 90% empty

Nine months after Burj Khalifa opened with a massive fireworks and light show, 90 percent of the apartments in the world world's tallest building are empty, a Dubai agent says...

26, 2010 October:

UAE projects face long wait for finance

Real estate development projects in the UAE are facing a long wait in gaining finance, with Dubai in particular unlikely to receive much in the near future, as banks remain very selective in their financing, according to executives at the Reuters Middle East Investment Summit...

25, 2010 October:

Nakheel launches new Dubai projects

Nakheel, the debt laden real estate arm of state owned conglomerate Dubai World, plans to resume work on short term residential projects by the end of October, it has announced...

09, 2010 June:

Abu Dhabi: Leaning to the right?

Plenty of skyscrapers dominate the desert horizons of the Middle East including the world's tallest building, the 828-metre Burj Khalifa in Dubai, but until now the term 'leaning tower' has been associated with just one destination - Pisa...

05, 2010 May:

Global commercial recovery underway

Latin America and Asia are leading the recovery in the global commercial property market with Peru, Brazil and Singapore providing the best upswing, according to a new report...

06, 2010 April:

World's tallest building reopens

The 'At the Top' viewing deck of Dubai's Burj Khalifa, the world's tallest building, has reopened after being closed for maintenance for almost two months, an employee said yesterday...

19, 2010 February:

Gulf developers: ‘creative negotiation'

Real estate developers in the Gulf region are going to have to negotiate creatively with investors during 2010 to avoid a rise in defaults, it is claimed...

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