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MAF invites bids for Mall of Egypt project in November
Gulf News reported that Majid Al Futtaim Group of Dubai will invite bids for its EGP 4.4 billion Mall of Egypt project in November. Mr Richard Reid development director of Mall of Egypt and senior VP of development in MAF Properties confirmed that Ski more...

REFILE-UK comm. property price growth falls in Aug -CBRE
(Corrects headline to show falls refer to price growth) * Price growth down to 0.3 pct in August vs 0.4 pct in July * Investors stall on new buys while wary of tenant strength LONDON, Sept 8 (Reuters) - British commercial property price growth fell for more...

EDF approves sale of UK electricity networks to Cheung Kong Group
EDF’s board of directors approves the sale of the UK electricity distribution networks to the Cheung Kong Group for £3.2bn, saying it would reduce its debt by £5.1bn. more...

First Pullman hotel opens in Dubai
Accor Middle East, which operates 33 hotels nine countries across the region, has opened its first Pullman hotel in the region – the new Pullman Dubai Mall of the Emirates. The 24-storey upscale property lies on the flank of the Mall of the Emirates more...

EDF board clears EUR3.8bn sale of UK distribution networks to Cheung Kong
– EDF's board has cleared the company to sell its UK power distribution networks to the Cheung Kong group for EUR3.8bn ($4.07bn). more...

Orascom to build two Four Seasons hotels
CAIRO - Egypt's Orascom Development will build two Four Seasons-branded hotels, one in an Egyptian resort and the other in Oman, by second-half 2011 for a total investment of $245 million, a newspaper said on Wednesday. One hotel will be in the Red Sea more...

UK comm. property prices fall again in Aug -CBRE
LONDON, Sept 8 (Reuters) - British commercial property price growth fell for the fifth consecutive month in August as worries over tenant strength curbed investor enthusiasm for buying discounted assets, data showed on Wednesday. The latest monthly index more...

The Address Dubai Mall celebrates first anniversary
Print Post Email Post The Address Dubai Mall, the five star premium hotel of The Address Hotels + Resorts with the distinction of being directly linked to the world’s largest shopping and entertainment destination, celebrates its first anniversary. In more...

Visa Launches Luxury Hotel Collection For UAE Cardholders
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Kelvin North tenants owe BCC US$167 000
Business Reporter THE Bulawayo City Council is owed more than US$167 000 by small-scale entrepreneurs leasing its Kelvin North factory shells. However, according to the latest council minutes, members of the Finance and Development Committee are divided more...

UK commercial property prices fall again in August - CBRE
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EDF board accepts Cheung Kong's bid for UK networks
EDF's board of directors has approved the sale of its UK distribution networks to the Cheung Kong group (CKI). CKI made an irrevocable bid of ÂŁ5.8 billion for the networks back in July, which EDF says is worth ÂŁ3.2 billion in equity and would represent more...

FTSE live: Barclays, HSBC down; British Land up
The London market saw further falls today as weak banks and miners overshadowed upgrades for property firms. WANT TO KNOW MORE? FTSE LATEST TALK ABOUT SHARES ›› Today's hot stocks: oil, miners Overall, the FTSE 100 index slid 42.6 points to 5365.1 more...

The First Pullman Hotel in the Middle East opens today in Dubai
Print Post Email Post Accor Middle East Hospitality has announced today the opening of its first Pullman hotel in the region – the new Pullman Dubai Mall of the Emirates (MoE). Rising proudly above the bustling city of Dubai, this 24-storey upscale more...

Orascom Devt to build hotels worth $245 mln: paper
CAIRO (Reuters) - Egypt's Orascom Development will build two Four Seasons-branded hotels, one in an Egyptian resort and the other in Oman, by second-half 2011 for a total investment of $245 million, a newspaper said on Wednesday. One hotel will be in the more...

EDF approves to sell UK electricity networks to Cheung Kong Group
French major electricity producer EDF Group approved late Tuesday to sell its UK electricity distribution networks to Cheung Kong Infrastructure Holdings Ltd., saying this would help to cut 6.8 billion euros (8.6 billion U.S. dollars) in the group's net more...

Ireland's hotel industry suffering 'zombie plague' (Yesterday)
The Glashaus hotel used to be a symbol of the regeneration of one of Dublin's toughest neighborhoods. Empty and shuttered, it now represents one of the toughest economies Ireland has ever endured. Developer Liam Carroll opened the boutique hotel in more...

Fortis Healthcare eyes Singapore REIT-sources
* Plans $600-700-mln REIT listing in 6 mths-source * Fortis may keep about 30 pct in REIT-source * Faces regulatory hurdle in listing REIT-source NEW DELHI, Sept 6 - Indian hospital operator Fortis Healthcare is looking to list a real estate more...

Incentive travel market is growing – Cape Royale Luxury Hotel
NOT all the tourists left the country with the Soccer World Cup’s final whistle – millions are still expected to flow into the Western Cape economy in the coming years. After South Africa’s successful hosting of the World Cup, a total of 37 more...

Hotels-Paris.co.uk - Enjoy football in Paris with France vs Romania
- The French are going head to head with the Romanians in a match that could offer football fans a perfect night out during their stay at (http://www.hotels-paris.co.uk/). While France may not have had a particularly successful Fifa World Cup this year - more...

Sep 08, 2010 Hotel Ritz Madrid Plans Year of Celebrations to Mark Centenary
Hotel Ritz Madrid will mark its centenary on Oct. 2. Throughout the next year, guests of Hotel Ritz Madrid will be able to participate in a schedule of events and cultural experiences. To welcome guests as part of the centenary celebrations, Hotel Ritz more...

Social tenant trap in UK
A new report from a right-wing think tank that holds sway with Tory ministers is recommending a radical overhaul of UK housing policy... Policy Exchange is convinced that Britain is suffering from a housing crisis that affects both social tenants and more...

UK construction hit by spending cuts
The property construction outlook in the UK is worsening as spending cuts begin to bite, according to a second quarter report into the industry that has been published... Sentiment in declining as a direct result of fears over the scale of public more...

UK & World News: Rogue landlords 'harassing tenants'
Many tenants continue to have their lives blighted by rogue landlords despite laws designed to protect them, a housing charity has said. Shelter said it had found evidence that a minority of landlords in the private rented sector were mistreating their more...

Dear TripAdvisor: When in Rome ... Signing drawers in hotels
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Indian hospital operator Fortis Healthcare considers Singapore REIT
Fortis Healthcare, a hospital operator based in India, is considering listing as a REIT on the Singapore stock exchange within the next six months. The REIT would hold all of its properties, for a $600 million to $700 million valuation. more...

Freddie Mac's Streamlined Refi Program Is Nothing New: Barclays
Rock-bottom interest rates, less-than-encouraging economic data, and stubbornly slow prepayment speeds have kept mortgage-backed securities (MBS) investors worried about what the government could do next to prop up the ailing housing market, according to more...

EDF : Board of Directors approves the sale of the UK electricity distribution networks to the Cheung Kong group
EDF Board of Directors approves the sale of the UK electricity distribution networks to the Cheung Kong group Following consultation with the EDF Group's European Works Council, EDF's Board of Directors today approved the sale of its UK electricity more...

Iftar review: The Californian Restaurant at Dubai's Dusit Hotel
For appetisers, the fresh tabbouleh, tasty okra with tomato sauce, and juicy corn salad all stood out. The Californian Restaurant at Dubai’s Dusit hotel. Image Credit: Supplied Iftar at The Californian Restaurant at Dubai's Dusit hotel makes for a more...

EDF: Le CA approuve la cession des réseaux de distribution d'électricité britannique au groupe Cheung Kong
Le Conseil d'administration du Groupe EDF approuve la cession des réseaux de distribution d'électricité britannique au groupe Cheung Kong Après avoir reçu l'avis du Comité d'Entreprise Européen du groupe EDF, le Conseil d'administration d'EDF a more...