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REAL ESTATE

Historic Conrad Hilton Bel-Air Estate Hits Market for $225 MillionOctober 18, 2019

The Conrad Hilton estate, Casa Encantada, has come on the market for the first time in decades since it was built in 1938. It is rich in history having been built in the midst of the heyday of old Hollywood. Louis B. Mayer and Jack Warner were bringing sound to motion pictures and stars Greta Garbo, Joan Crawford, Clark Gable, Katherine Hepburn, Spencer Tracy to the screen. Its architectural legacy and a commitment of meticulous preservation shines through all aspects of this rare property.

The"...

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BIZCENTER USA Launches Coworking Facility in Orlando With Plans for Nationwide FranchiseOctober 14, 2019

Multimedia, Inc. (www.multimediausa.com) starts today the operations of BIZCENTER USA LLC, its affiliate for shared workspaces and virtual offices. Located on a fully owned 4,400 sq. ft. area in one of the most strategic regions of Orlando, Florida, BIZCENTER USA is offering brand-new state of the art executive suites in a facility with upscale conference rooms, reception, luxury lounge, and kitchen. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191013005018/en/ Founded in Orlando in 1991, Multimedia is a leading marketing and communications company, highly recognized worldwide for its professional integrity, serving advertising agencies, direct clients and media outlets across all continents. According to Fernando Mariano, president of both companies, the creation of BIZCENTER USA fulfills the needs for a stylish shared workspace and virtual office facility in Southwest Orlando. “Multimedia has strong ties with the Orlando community and we are always looking to respond to the needs of the local residents......

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Affordability and high rental returns attract investors to UAE propertiesOctober 13, 2019

Industry experts believe that increasing affordability and high rental returns have been wooing more local and foreign investors to the UAE property market for quite some time.

“Dubai and Abu Dhabi offer rental yields more than double of what is offered by established countries across the world,” Kalpesh Kinariwala, the Founder and Chairman of Pantheon Group, pointed out.

According"...

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Housing minister, Arab League official discuss cooperationOctober 10, 2019

Amman, Oct. 9 (Petra)- Minister of Public Works and Housing, Falah Amoush, discussed with Assistant Secretary General for Economic Affairs at the Arab League, Kamal Hassan Ali, ways to upgrade Jordan's housing sector and activate the League's role to enhance pan-Arab cooperation and coordination in this sector.

In a statement issued on Wednesday, Amoush praised the Arab League's efforts, which recently held the 36th Arab Housing and Reconstruction Ministers Conference, hosted by the United Arab Emirates"...

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Omoush, UAE minister discuss cooperation in housing sectorOctober 9, 2019

AMMAN — Jordan and the UAE on Tuesday discussed means to enhance cooperation, coordination and exchange of expertise in the housing sector.

During a meeting with UAE Minister of Infrastructure Development Abdullah Nuaimi in the UAE, Minister of Public Works and Housing Falah Omoush reviewed strategies for the development of the housing sector in the Kingdom and plans aiming at enabling low- and medium-income citizens to own proper residences,"...

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Dubai Real-Estate Turnaround? As Manrre Fund Defies Gravity, Results Show Signs For OptimismOctober 7, 2019

The Manrre Real-Estate Fund, managed by Dalma Capital, has published results after closing its first year since inception with strong yield and capital appreciation on its 215 million AED portfolio – a stark contrast to market sentiment and the performance Dubai’s other real-estate funds.

“Our outlook for the Manrre fund called on the wise words of Warren Buffett – ‘be greedy when others are fearful, and fearful when"...

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Jordan’s real estate market ''noticeably'' improving, says finance minister October 5, 2019

Petra) - Minister of Finance, Ezzeddine Kanakrieh, said trading in the Kingdom's real estate market is witnessing a 'significant' improvement, where trading activity for September increased by 11%, compared to the same period last year.

In a statement issued by the ministry on Thursday, Kanakrieh announced the daily trading movement is witnessing an increasing hike recently, in light of the government's decisions taken during this year to lower the basic price offering of real estate by 20 per"...

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Dubai Realty Market Shows Potential for InvestmentSeptember 26, 2019

Rapid changes in Dubai’s real estate industry is making it a preferred market for buyers. The emirate’s realty market is constantly maturing especially as it witnesses an increase in its population with each passing year. Seeing this rapid influx of people into the city attracts more investors, who are showing keen interest in purchasing properties to supplement this boost in rental demand.

Overtime, with an increase in demand to rent"...

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Razzaz inaugurates national housing programmeSeptember 23, 2019

AMMAN — Prime Minister Omar Razzaz on Sunday inaugurated the first phase of the national housing programme targetting individuals receiving low- and medium-level incomes, scheduled for implementation in Zarqa as well as the Karak, Amman, Tafileh and Mafraq governorates.

The programme seeks to implement small housing clusters that provide “holistic services” to low- and medium-income demographics, built on lands owned by the Housing"...

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