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Category: PROPERTY

Posted on April 20, 2023

UAE property: ‘Can I refuse to sign my lease after moving into the unit?’

I rented a new apartment. The unit is owned by a management company, unlike the single owner I dealt with for the previous apartment I rented. I handed over the rent cheques to the company and they …

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Posted on April 20, 2023

UPDATE 2-UAE property developer DAMAC sells $400 mln Islamic bond

Dubai-based real estate developer DAMAC on Tuesday sold a three-year $400 million Islamic bond, or sukuk, amid a strong rebound in the emirate’s real estate sector. The sukuk was priced at 7.75%, …

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Posted on April 20, 2023

DeSantis-backed bill would restrict non-resident land buys from China, Russia, Venezuela

Several people speaking against the legislation focused on the requirement to register land ownership with the state, comparing it to the 1938 law imposed by Nazi Germany on Jews.

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Posted on April 20, 2023

At least 78 people killed in Ramadan crush in Yemen’s capital Sanaa

At least 78 people killed in Ramadan crush in Yemen’s capital Sanaa – Hundreds had gathered in a school to receive monetary handouts from local businesspeople …

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Posted on April 20, 2023

S. Korea to halve empty houses in rural areas by 2027

South Korea aims to halve the number of vacant houses in rural areas to 33,000 by 2027 by extending policy financing for their renovation and by making a special law and an integrated database to …

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Posted on April 20, 2023

Real Estate News India 2023: Home buying in India could change dramatically as Modi govt plans to bring model builder-buyer agreement

Over 5.5 lakh cases are pending across various consumer courts in the country, with over 54,000 cases specific to the housing sector alone.

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Posted on April 20, 2023

Global hospitality titans gear up for rapid India expansion

Six Senses Hotels Resorts Spas recently converted a luxury hotel in Uttarakhand’s Vana—its second property in India—to its own brand, CEO Neil B. Jacobs said.

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Posted on April 19, 2023

Las Vegas Sands Stock Trades Higher After Hours On ‘Robust Recovery’ In Travel, Gaming

Las Vegas Sands Corp (NYSE: LVS) shares are rising in extended trading Wednesday after the company reported first-quarter results that topped analyst expectations. Q1 Revenue: $2.12 billion beat …

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Posted on April 19, 2023

Motel with stripper poles is shut down over ‘deplorable’ conditions, Georgia police say

The rooms, some mounted with stripper poles, had black mold, broken furniture and exposed wires inside the Howard Johnson Hotel, better known as “Motel X,” in College Park, according to the city’s …

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Posted on April 19, 2023

Dubai Real Estate Transactions Jump 80% To Dh157 Billion

Dubai real estate transactions jumped 80 per cent to Dh157 billion in the first quarter of 2023 as compared to Dh87 billion in the same period last year as the emirate’s real estate saw its …

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