Archive for the ‘Real estate’ Category

Four reasons why Dubai will survive

Wednesday, December 9th, 2009 Posted in Economy, General, Industrial investment, News, Real estate | 1 Comment »

1) Actual (Strategic) Value of "Distressed" Real Estate: Dubai World, the government-affiliated parent company under scrutiny, is strapped with an estimated $24B in debt,including $7.3B in deteriorating real estate assets held by their Nakheel subsidiary. On paper, these assets are ...

Qatar, a real green shoot

Friday, August 7th, 2009 Posted in Real estate, Regional News | No Comments »

clipped from www.themedialine.org Covering an area larger than Beirut and with almost half a million people – two ways that the Qatari developer is describing Lusail - a brand new city is being constructed in the northern part of the Gulf ...

UAE central bank extends Dubai $10B loan

Monday, February 23rd, 2009 Posted in Industrial investment, Real estate | No Comments »

The Emirate of Dubai will receive a $10bn loan from the UAE central bank as part of its debt restructuring program the Financial Times reported Sunday. The Dubai real estate sector, which has been a primary driver of regional development ...

Abu Dhabi assures as UAE declares no scaling down

Friday, October 31st, 2008 Posted in Markets, Oil, Real estate | No Comments »

A $60 floor for oil prices seems reasonable at this point and is still profitable for the Gulf, although not quite like it was, when nearing $150/bbl. Abu Dhabi's budget is reportedly based on $40-$50/bbl prices, while Saudi's is ...

A bubble in Dubai?

Saturday, August 30th, 2008 Posted in Real estate | No Comments »

In a Financial Times article this week on Dubai property heads off-plan, reports from Standard Chartered and Morgan Stanley were prominently cited in predicting a fall in property prices by the second half of next year, due principally to oversupply. ...

Gulf Real Estate Projects Total $2.4 Trillion

Sunday, June 15th, 2008 Posted in Real estate, Regional News | No Comments »

The Wall Street Journal recently published "Celebrity Endorsers Help Lure the Rich to Dubai: Brad Pitt Will Design Five-Star Hotel, Resort; Even B-List Makes It." Beyond the talk of celebrities and buried in the latter portion of the article is ...

Abu Dhabi Eyes $800M Stake in Chrysler Building

Wednesday, June 11th, 2008 Posted in Real estate, SWF | No Comments »

By way of the New York Post, Reuters reports the Abu Dhabi Investment Council is under negotiations to buy a 75% stake in the NYC Chrysler Building, an investment valued at $800M.