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Middle East Real Estate News
Newsletter from Eqarat.com
Issue No 331 - November 1, 2010
22pc jump seen in global capital for property
A total of $281 billion of capital will be available to invest in global real estate in 2011, a 22 per cent increase on a previous estimate in December 2009, said a report.
Emaar signs key Saudi Electricity deals
Emaar Middle East has signed two agreements with Saudi Electricity Company (SEC) to integrate to the power supply infrastructure in Jeddah Gate and Al Khobar Lakes – the flagship master-planned communities developed by the company.
ME investors in big US property deals
There has been a sharp increase in the number of investors from the Middle East and Africa buying properties in the US, said Omer Ghani, CEO of Aquila Properties, licensee of UK-based Fine & Country International Realty.
DTZ Qatar wins top honours
DTZ Qatar, a branch of DTZ, a global real estate services firm, has been named 'Best Property Consultancy' in the Arabian Property Awards 2010.
Arcapita completes $920m Singapore realty IPO
Arcapita Bank, a leading international investment firm based in Bahrain, said the company and its affiliates have completed the S$1.2 billion ($920 million) IPO of a portfolio of 64 industrial properties in Singapore.
TMG starts sales at Saudi project
Egypt's biggest listed real estate developer Talaat Moustafa Group (TMG) has begun to sell units at a project in Saudi Arabia built with local partner Al Oula Real Estate Development, TMG said.

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