“The latter half of 2012 witnessed better than anticipated performance in terms of pricing, transaction activity and occupancy as well as new real estate launches,” said John Stevens, Managing Director, Asteco Property Management.
Sales prices for …Read full article » United Arab Emirates: Sunday, January 27 - 2013 @ 14:49
Asteco said that an indication of the huge international interest in Bahrain was due to the fact that its recent project, the iconic 45-floor Sukoon Tower, saw an overwhelming response from buyers, with 118 of …Read full article » Bahrain: Monday, January 28 - 2008 @ 09:43
“We are seeing further signs that confidence is returning in Dubai as the residential market continues to recover. Rents in some areas have risen as quality developments slowly reach full occupancy,” said Elaine Jones, CEO, …Read full article » United Arab Emirates: Monday, March 26 - 2012 @ 13:12
“With more units and buildings available now in 2010 than in 2009, and with the completion of the new Al Hili development, consisting of 97 buildings and 1222 units, leasing rates will remain subdued in …Read full article » United Arab Emirates: Monday, December 06 - 2010 @ 14:35
Occupying a prize location at Jumeirah Lake Towers, with a marina view on three sides, the project offers flexible office space from 800 square feet and options to combine multiple units.
Andrew Chambers, Managing Director, Asteco, …Read full article » United Arab Emirates: Wednesday, June 21 - 2006 @ 12:58
Signifying the right time for tenants and buyers to rent or buy the most attractive properties at prices dictated by them.
Apartment and villa rents have reported a sharp decline of 22 and 34% respectively in …Read full article » United Arab Emirates: Thursday, April 16 - 2009 @ 17:15
“There is still healthy demand in the market for the right product aimed at the right buyers and end-users,” said Andrew Chambers, Asteco Managing Director. “Half the building sold out immediately, attracting local investors and …Read full article » United Arab Emirates: Sunday, June 11 - 2006 @ 14:49
First quarter research by real estate specialists Asteco shows an average jump in rents of AED5,000-10,000 for typical one, two and three-bedroom apartments in the UAE capital since the fourth quarter of last year. And …Read full article » United Arab Emirates: Monday, May 16 - 2005 @ 09:16
Speaking at a media roundtable this week, General Manager David Oayda said
“the outlook for the property sector in Qatar remains very positive”.
The country’s strong fiscal position and generous cash reserves from expanding oil and …Read full article » Qatar: Wednesday, January 21 - 2009 @ 09:40
“Investors in the property market are likely to observe caution by seeking long-term investment rather than short-term speculation. However although it is too early to gauge the real impact on demand and prices, the market …Read full article » Qatar: Monday, January 17 - 2011 @ 15:00