Investing in prime resort destinations has long been popular, particularly when they feature good rental yields and capital appreciation, as well as a package of free night stays.
Qatar: UDC records $25.5mln in Q1 net profit
United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, reported net profit of QR93 million on revenues of QR563 million …
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 …
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%, …
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.
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 …
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 …
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.
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.
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 …