During this year and 2013, Uzbekistan will demolish 414 vacant and unusable state-owned facilities, will privatise 532 facilities through public auctions and will sell out 47 facilities to foreign …
Saudi Arabia freezes Riyadh rents for 5 years as property costs soar
Saudi Crown Prince Mohammed bin Salman has ordered a five-year freeze on rent prices in Riyadh after pledging to tackle soaring property costs in the capital. Under the new rules, which came into …
Saudi Arabia Orders Freeze on Riyadh Rents After Price Surge
Saudi Arabian Crown Prince Mohammed bin Salman ordered a freeze on rent increases in the capital of Riyadh for the next five years, just weeks after vowing to halt an “unacceptable” rise in property …
Saudi Arabia’s crown prince freezes rents in Riyadh for 5 years after prices rapidly rose
Saudi Arabia’s powerful crown prince has ordered rental prices on commercial and residential properties in the kingdom’s capital, Riyadh, to be frozen for five years. The decision Thursday …
Rotana Appoints Ghassan Dalal to Lead Iraq & Turkey, Driving Growth in Strategic Regional Markets
Rotana, the Middle East’s leading hospitality management company, has announced the appointment of Ghassan Dalal as Country General Manager for Iraq & Turkey, in addition to his continuing role as …
Overseas Pakistanis to get fast-track property justice: Dar
Deal allows city option of acquiring Shenango China property
While the City of New Castle has site control over most of the former Shenango China property, the city can acquire the property outright for only a couple thousand dollars.
China’s Billionaire Museums Get a Harsh Reality Check
China’s private museums are collapsing under real estate fallout, with key institutions shuttering across the country.
Seoul’s Apartment Prices Rise for 34th Week as Pace Picks Up
South Korea’s property market extended its rally to a 34th week as the pace of gains accelerated despite government steps meant to cool prices, complicating the central bank’s case to lower borrowing …
Bank of Korea Warns Trade, Housing Debt Pose Stability Risks
South Korea’s central bank warned that risks from US tariffs, prolonged industrial weakness and housing market imbalances could undermine financial stability, highlighting the need to keep …