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Category: PROPERTY

Posted on August 3, 2023

Six months later, cost of derailment nearing $1B for NFS

It’s been six months today since the Norfolk Southern train derailment and chemical spill turned East Palestine and surrounding areas upside down and the cost of the cleanup and concerns of people …

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Posted on August 3, 2023

Property auction market’s sales value drops to its lowest level since 1H20

Sales value clocked in at $15.2m. Despite successfully hammering 11 properties, Singapore’s property auction market still recorded a 59.7% HoH lower sales value in 1H23. Of the total properties sold …

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Posted on August 3, 2023

Israel’s top child-free hotels

Much as Israelis love children, hoteliers understand that sometimes people just need a quiet, relaxing getaway.

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Posted on August 3, 2023

UAE Property: ‘Can my lease be terminated if I partition the unit?’

Question: We rented a one-bedroom flat on July 10. We saw a lot of partitions in other flats, so we decided to build the same in our apartment. Before we started, the building watchman asked us for …

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Posted on August 3, 2023

Dubai’s Deyaar Q2 net profit surges on new handovers

Dubai-based property developer Deyaar reported a 90% surge in its Q2-2023 net profit as its revenue more than doubled on the back of a boom in the emirate’s property market. Net profit for the period …

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Posted on August 3, 2023

Michael Jordan’s Chicago mansion is currently on sale for $14,900,000, almost half the original price of $29,069,000

However, it’s the opposite of his plans to sell his mansion in Chicago. Jordan had placed the property for sale a decade ago, but it remains unsold. The original price of the property was listed at …

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Posted on August 3, 2023

Uga Adds a New Hotel to Its Portfolio in Sri Lanka

Uga, the esteemed Sri Lankan hotel group renowned for world-class hospitality, proudly announces its latest acquisition, the Riva Hotel in Negombo, soon to be unveiled as Uga Riva in November 2023.

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Posted on August 3, 2023

Afghan-Kazak private sectors seal deals worth $100 million

The Ministry of Commerce and Industry of Afghanistan announced on Thursday contracts worth more than $100 million have been signed between the private sector of Afghanistan and Kazakhstan in a …

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Posted on August 3, 2023

The Age of Urban Insurgency in Myanmar?

It is impossible to predict where urban resistance to military rule will head, but the justness of operating in towns and cities is eroded when ordinary people suffer, David Scott Mathieson writes …

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Posted on August 3, 2023

Thailand’s gridlock intensifies as investors flee

A vote to name the next prime minister has been postponed, prolonging a political deadlock that has raised questions about Thailand’s stability since a May election.

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