The leasing market in Abu Dhabi remained strong with good levels of demand increasing upward pressure on average rental rates by as much as 8%, particularly in the high-end segment driven by tenants seeking quality …Read full article » United Arab Emirates: Monday, April 15 - 2013 @ 11:50
Despite regional political conflict, Jordan has remained consistent economically. Government statistics indicate the property sector has played a substantial role in this ongoing stability, indicating a 42% increase in all property and land transactions over …Read full article » Jordan: Tuesday, July 19 - 2011 @ 14:59
Elaine Jones, Managing Director of Asteco Property Management said,” An example of this is Capricorn Tower which was completed in November 2003 and the office spaces were fully leased before the building completion because of …Read full article » United Arab Emirates: Tuesday, May 11 - 2004 @ 13:13
There were also minimal changes in the last quarter for villa rents, with no change for three and four-bedroom villas although five-bedroom units decreased by just 4%, implying that smaller units have stabilised, with minor …Read full article » United Arab Emirates: Monday, January 18 - 2010 @ 13:45
“This rise is a direct result of the hiked rents across Dubai, which have sparked a reverse relocation trend, with budget-sensitive tenants seeking out more affordable accommodation in the next emirate,” said John Stevens, Managing …Read full article » United Arab Emirates: Sunday, July 28 - 2013 @ 13:28
Sharjah is benefiting from ongoing rental rate rises in Dubai as residents look to relocate to more affordable accommodation according to a Q1 2014 Northern Emirates report from Asteco, the region’s leading real estate services …Read full article » : Tuesday, April 15 - 2014 @ 13:22
“The new regulations require tenants living in Sharjah to share their accommodation with other members of their immediate family only. This forced many tenants who had previously shared with friends or colleagues, to move to …Read full article » United Arab Emirates: Tuesday, September 25 - 2012 @ 12:29
“The Northern Emirates continues to see rental rates at constant levels from the previous quarter, with pockets of decreases for units with high supply levels,” said Elaine Jones, CEO, Asteco Property Management.
“While price stability and …Read full article » United Arab Emirates: Sunday, July 17 - 2011 @ 14:25
The survey, based on turnover at year end 2007, reports Savills has risen the global ranks to number four from the position of number five.
The firm achieved an annual turnover of £651m in …Read full article » United Arab Emirates: Sunday, August 03 - 2008 @ 15:04
In its Dubai Q3 2009 report, Asteco says sales apartment prices for Downtown are up from Dhs1,200 per square foot in the second quarter to Dhs1,300 per square foot in the third quarter, “thanks to …Read full article » United Arab Emirates: Sunday, October 18 - 2009 @ 16:55