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August 23, 2024 | Staff Reporter | KSA | Facilities Management
The Saudi Arabian regional development of NEOM has procured an initial batch of eight electric hydrofoil ships from Candela to service the planned sustainable water network. Candela P-12 was launched last year and is set to debut in Stockholm’s public transport industry during autumn 2024. It seats between 20 and 30 people depending on configuration.
Flying above the waves on computer-guided underwater wings, the P-12 uses 80% less energy than conventional ships, allowing it to combine long range and high speed.
With a speed of 25 knots and more than two hours of endurance, the Candela P-12 claims to be the fastest and longest-range electric passenger ship to date. Its digital flight control system balances the ship 100 times per second by adjusting the hydrofoils’ angle of attack, keeping it stable even in winds and waves.
As fuel usage rather than the manufacturing phase makes up the bulk of a ships’ environmental impact, energy efficiency is crucial to curb emissions. Since Candela’s foiling vessels use 80% less energy than conventional ships of the same size, a lifecycle analysis performed by the KTH Royal Institute of Technology in Stockholm concluded that a P-12 will emit 97.5% less CO2 during its lifetime compared to a conventional diesel vessel of the same size.
"The P-12 is designed to create zero-emission water transport systems which have significant improvements over traditional water commuting.”
Gustav Hasselskog, CEO and Founder of Candela
Electric Candela C-POD motors, located in pods underwater, are silent and are designed to create minimal disturbance for marine wildlife. When flying, the P-12 creates only a negligible wake, allowing for quicker journeys where conventional ships are speed-restricted due to their massive and damaging wakes.
"The P-12 is designed to create zero-emission water transport systems which have significant improvements over traditional water commuting,” said Gustav Hasselskog, CEO and founder of Candela. “Unlike legacy systems with large, slow, and energy-inefficient conventional ferries, the Candela P-12 is a smaller and faster unit, allowing much more frequent departures and quicker journeys for passengers. All daily necessities and services will be just a short boat commute away.”
Dubai-based sustainable and technology-driven maintenance and cleaning specialist Hitches & Glitches (H&G), part of the facilities management firm – Farnek
Current economic challenges, including high inflation rate, controversial compensation payments and incessant building demolitions have been adduced
KUGU, a Berlin-based PropTech firm focused on decarbonizing the real estate industry, has raised €8.5 million in a Series
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund real estate market, according to people
The global market for Internet of Things (IoT) in the construction sector is poised for solid growth with the figure (estimated at $21.5 billion last year)
Egypt’s progress toward macroeconomic stability, fuelled by substantial foreign direct investment (FDI) and the recent approval of a $820m loan from
Heat pumps have been at the forefront of the government’s campaign for the decarbonisation of UK real estate, including a £7,500 grant on offer to
LA-based Jared Frank Studio has looked to Milan's history of modernist design for references while focusing on "what a West Coast pizza parlour could be".
Bayut, the UAE’s leading property platform, has announced that its Bayut Academy training programme has been officially certified by the Knowledge and
In an industry-first move, Sobha Realty, a leading developer of luxury real estate across the Middle East and India, has joined forces with WebEngage, an industry leader in marketing automation, to revolutionise customer engagement through AI and data-driven insights.
Austrian PropTech company iDWELL has announced the successful completion of its financing round, raising around €10 million from renowned investment firm Knight Capital, alongside existing international investors such as Flashpoint Venture Capital and Wecken & Cie.
According to CBRE, Japan's commercial real estate transaction volume rose by 24% year-over-year to JPY 1.207 trillion in Q3 2024, with large transactions
Wasl Group, a Dubai-based real estate development and management company, has announced the integration of UAE PASS digital signatures, which was
Infraspeak, an intelligent platform for facilities management, has successfully raised €18 million in an oversubscribed Series B
Artificial intelligence (AI) is set to transform the future landscape of facilities management, according to global real estate advisor, CBRE, who says early
In a strategic move to harness untapped financial avenues, investment advisors Medallion Associates have unveiled its Institutional Investor Desk, aiming to
The Institute of Real Estate Management (IREM) has officially approved the establishment of the UAE Chapter, marking a significant milestone in the region’s real estate management
Rasmala, a leading alternative investment firm, announced the successful investments of three major real estate assets in the UK for its Rasmala Long Income
Saudi Arabia’s Public Investment Fund (PIF) recently announced the establishment of the Smart Accommodation for Residential Complexes Company (Sarcc),
Dubai Holding Asset Management (DHAM) has announced that its residential leasing portfolio, formerly known as Dubai Asset Management, has been
Qatar Company for Airports Operation and Management (Matar) has achieved a significant milestone in environment sustainability by securing the Leadership in Energy and Environmental
Top state officials have approved a $3.4 million bond to revamp affordable housing in Columbia while maintaining their commitment to sustainability and clean energy. The project targets
Saudi Arabia’s King Abdullah Financial District (KAFD) is planning to raise $700 million through a real estate investment trust (REIT) to fund further
Leading Saudi-based IFM provider, Musanadah Facilities Management has secured membership with the International Sanitary Supply Association (ISSA), one
Property Finder - MENA’s leading property portal has launched its new brand campaign ‘A home for every life’ focusing its ambition to help home seekers find
ONE Development, the UAE-based international boutique real estate developer, has announced the appointment of AE7, the globally respected architectural
he Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Sphere Entertainment Co. announced that they will work together to bring the world's second Sphere to Abu Dhabi. This next
Emrill, a UAE-based integrated facilities management services provider, has been awarded the first ESG Label issued by the Dubai Chamber of Commerce.
Emirates Green Building Council (EGBC) has launched their Sustainability Lounge, a co-working space for members dedicated to advancing sustainable
Leading UAE-based smart and green facilities management (FM) company Farnek has witnessed major growth for its hospitality division, with outsourcing a
Knight Frank, leading global real estate consultancy, has announced its strategic partnership with Al Kathiri Holding, a prominent investment group dedicated to
Miral, the popular creator of immersive destinations and experiences in Abu Dhabi, and e& enterprise, the digital transformation arm of e&, have announced a partnership to develop the Yas
Saudi Arabia’s Investment Minister Khalid Al-Falih announced that the Kingdom aims to allocate a significant portion of its $200 billion annual construction and material procurement contracts to
Union Properties has officially launched its new ‘Takaya’ project in Dubai Motor City, the Company’s latest milestone in Dubai’s real estate landscape designed to redefine sophisticated
Global leader of realty brokerage, Coldwell Banker recently facilitated a high net-worth joint venture that is poised to redefine the luxury residential real estate in the UAE. Positioned as
Paebbl, a company turning captured CO2 into permanent, carbon-storing materials, has raised a €22.8 million
Dubai has taken a major step towards enhancing transparency in its real estate sector through a newly-announced strategic partnership
Abu Dhabi-based Modon Holding and U.K. Candy Capital have announced a joint venture aimed at enhancing the ultra-luxury real estate sector in the UAE, the Middle East, and beyond. This
The recently-held Arab Housing and Community Development Forum consisted of insightful discussions on advancing housing in the GCC through community-
Facilio, a leading provider of property operations and maintenance software, announced a significant new deployment with Berkeley Services Group, a
The US Department of Housing and Urban Development (Hud) announced key actions to protect more households across the nation from the damaging
Designs for a new 17-storey, build-to-rent tower in Abbotsford have been released, with the project targeting the title of Melbourne’s tallest residential mass
Saudi Arabia’s King Salman Energy Park (SPARK) has recently announced that it successfully attracted more than 60 investors, with expected investments
Syte, an AI-driven solution for the real estate industry founded in 2021, has recently raised around €5 million in a seed funding round aimed at accelerating the digitalisation and decarbonisation of the property sector.
Emicool, a UAE-based cooling service provider, is proud to announce the opening of its women-led customer service office in Motor City, marking a significant
Emrill, a leading UAE-based integrated facilities management services provider, has announced the significant enhancements in operational efficiency and
In a powerful demonstration of community spirit and environmental commitment, Sharjah Sustainable City, Sharjah City Municipality, and BEEAH joined forces
GCC nationals and GCC-based expats are prepared to spend US$ 538 million on Qatar’s residential market according to global real estate consultancy Knight
Dwelly, a United Kingdom-based artificial intelligence (AI)-enabled startup that offers a rentals and property management marketplace, added 1,000 properties
Walmart is venturing into 3D concrete printing as a novel approach to building retail spaces, partnering with Colorado-based Alquist 3D to create an 8,000-square-foot addition to its store in
Researchers at Hong Kong University of Science and Technology (HKUST) have developed a robot that can take over a back-breaking job at construction sites.
Greece has witnessed a remarkable 37% surge in property purchases by Indian investors between July and August. This flurry of activity is driven by Indian
Flow, the co-living venture founded by WeWork’s Adam Neumann, is making a splash in Riyadh with the opening of its first high-end residential compound, boasting 238 furnished apartments. Rent for the stylish units starts at $3,500 a month and the property includes a
Leading UAE-based smart and green facilities management (FM) company Farnek has appointed Omar Zahedah as Business Development Manager for its expanding hospitality division. With more
PRYPCO, Dubai-based PropTech start-up, has announced a major milestone. In August 2024, PRYPCO Mortgage disbursed over half a billion dirhams (AED 500,000,000+) in mortgages. This represents the highest volume of disbursals in a single month by PRYPCO Mortgage, demonstrating its rapid expansion and demand.
The Mohammed Bin Rashid Housing Establishment (MBRHE) has achieved a remarkable milestone by obtaining 18 international ISO certifications, reflecting
In line with its mission to cooperate with and support regional associations, the Middle East Facility Management Association (MEFMA) has signed an
Bright Spaces, a 3D digital twin company, has partnered with real estate firm BHB Properties to launch an interactive digital platform for BHB Avenue. The
Dubai-based luxury real estate developer, Imtiaz Developments, has announced a partnership with the Emirates
Al Bonian Facilities Management, a provider of bespoke and integrated facilities management solutions in the UAE with a strong, established background in
Despite the challenging commercial real estate landscape and mixed economic environment, business leaders in APAC are bullish on the future, with seven in
In welcome news for US home buyers craving more options, there are now more properties on the market than there have been in at least four years,
Bayut, a leading real estate portal in the UAE, has announced the launch of TruBroker,
Over the years, Qatar has become a model for sustainability and facility automation, leveraging advanced technology to create a built environment that stands
Saudi Real Estate Refinance Company (SRC), a PIF Company, has signed a memorandum of understanding in New York City with BlackRock. The agreement
Sharjah Sustainable City, the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) in
Saudi Real Estate Company unveiled that its 60%-owned subsidiary Saudi Real Estate Infrastructure Company (Binyah) won a project for the Royal
Rental portal Rent.com.au has seen rising revenues last financial year, as it looks to grow its RentPay offering. According to its FY2024 results, the business
The Science Based Targets initiative (SBTi) has launched a groundbreaking science-based decarbonisation framework for companies and financial institutions
Wildfires in California have grown more frequent and catastrophic in the last few years,
A joint venture supported by private equity firm Warburg Pincus LLC has purchased approximately S$1.6 billion
HouseEazy, an Indian marketplace for resale homes, has raised US$ 7 million from investors in a series-A funding round. The round was a mix of equity and debt led by Chiratae Ventures and saw participation from Alteria Capital and
Riyadh Development Company has signed an agreement with Riyadh Holding Company to establish an entity
Warped timber and robotically-woven flax were used to create a pair of experimental structures in Germany,
Enova – a joint venture between Majid Al Futtaim and Veolia, and a leader in regional integrated energy
Pinnacle Group, a provider of housing and community-facing neighbourhood services across the UK, is set to offer more affordable accommodation across the country as it boosts its portfolio by 250 homes.
UK studio Zaha Hadid Architects has revealed photos of the Central Bank of Iraq skyscraper nearing completion on the banks of the Tigris in Baghdad.
Leading smart facilities management (FM) solutions company HITEK Services, which is part of the Farnek group of companies, has acquired multiple prestigious contracts in Saudi Arabia, cementing its leadership in the delivery of cutting-edge FM solutions across the kingdom.
Singapore has tightened the maximum loan that home buyers can take out in a bid to cool the country’s public housing resale market. From now, buyers of Housing Development Board (HDB) flats won’t be allowed to borrow as much as before.
The National Fire Protection Association (NFPA) and Aramco, one of the world’s leading integrated energy and chemicals companies, have signed a Memorandum of Understanding (MoU) to collaboratively develop fire, electrical, and life safety regulations, promote educational initiatives, and share expertise to safeguard lives and property within the Kingdom’s energy, facilities management and petrochemicals industry.
The award-winning global real estate developer Mered has revealed the opening of its new headquarters in Dubai Internet City, showcasing a 45-floor office
The government of New South Wales has announced its plans to use 3D printing to address a shortage in housing and build the first 3D printed social housing
More than one in three construction managers in the UK say that incorrectly sized equipment has caused operational inefficiencies on site, potentially disrupting their operations.
In a strategic move aimed at revolutionising UAE’s real estate investment landscape, Dubai-based Meteora Developers has announced the multi-million dollar acquisition deal of Maisour, a DIFC-based property crowdfunding platform.
Al Mal Capital REIT (AMCREIT), the first REIT listed on DFM, regulated by the Securities and Commodities Authority, and managed by Al Mal Capital PSC (Al Mal Capital), a subsidiary of Dubai Investments PJSC, has announced an interim dividend for the six months ended June 30, 2024 amounting to AED 15,416,697 (as against AED 12,252,240 for six months ended December 31, 2023).
VeriEstate, a Dubai-based PropTech startup, is set to transform the real estate industry with its innovative all-in-one property assessment platform. Registered with the DIFC Innovation Hub, the largest innovation ecosystem in the region.
Magnom Properties, the real estate arm of Riyadh-based energy giant Rawabi Holding, plans to break ground early next year in Egypt's new capital on a $1 billion, 50-storey office tower that aims to be the first of its kind to be powered by clean hydrogen.
Arada has announced its first expansion outside its home UAE market with the launch of operations in Australia. The Dubai-based master developer has set up a new office in the Sydney suburb of
Ethiopian Airlines Group has announced plans to build Africa’s largest airport in Abusera – a critical element of Ethiopian’s 15-year strategic plan to become
UAE-based sustainable and technology-driven home maintenance specialist Hitches & Glitches (H&G), part of the facilities management
Hong Kong's pre-owned home prices plummeted to their lowest in nearly eight years, with June's private property index dropping 1.24% from May and
The Cabinet of the United Arab Emirates, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of
UAE-based integrated facilities management provider Emrill has made significant progress in its continuous improvement journey, launching initiatives that have not only transformed the organisation’s internal processes but also significantly benefited its clients through enhanced service delivery, efficiency and innovation.
Commercial real estate investment in Asia Pacific rose 2% year-on-year (YoY) in Q2 2024 to US$27.3 billion, marking the third consecutive quarter of growth
A two-story affordable housing development is on the way to bringing 40 apartments to adults with developmental disabilities and low-income residents in Cupertino on a narrow strip of land on Mary Avenue. The project along Mary Avenue could bring about 40 affordable apartments to the city in a unique mix — 19 apartments designated for adults and families with children who have developmental disabilities and 20 for low-income residents. The two-story project is slated for a narrow, roughly 0.79 a
The City of London Corporation has granted approval for three separate planning applications to upgrade existing office buildings at key sites across the
Inspired by sci-fi flicks, a high-tech spaceship-shaped house that “landed” by the beach in Portugal’s Algarve region has just come on the market for €9 million
GCC investors are expected to spend more than $4 billion annually on UK commercial property as interest rates fall, creating improved affordability and
MYNE, one of Europe’s leading managed co-ownership providers for premium vacation homes, announced the completion of its €40 million Series A funding
Prada is renting an 8,000 sq ft store in K11 Musea, a harbourfront luxury shopping centre by New World Development, according to reports.
Investment in European real estate reached €86.5billion in H1 2024, up 10% on H1 2023, according to the latest data from global real estate advisor, CBRE.
Rent2Cash, an Italian startup bringing rental advance services to landlords, offering upfront payouts of up to three years’ rent, has raised a €3 million pre-seed round and launched operations in Italy. The investment is financed by major Italian banking groups, as well as institutional investors and business angels.
This AI tool is designed to assist users with real estate inquiries by providing access to HouseCanary’s extensive data and analytics platform
Site constraints and local architecture guide the angular form of Mesh House, a copper-clad home that London studio Alison Brooks Architects has completed in Belsize Park.
More than 15,000 people have benefited from a real estate platform for Bahraini citizens looking to purchase affordable housing, the Housing and Urban
According to a new report from the National Association of Realtors, foreign buyers purchased $42 billion worth of US existing homes from April 2023 through March 2024, retreating 21.2% from the prior 12-month period. International buyers purchased 54,300 properties, down 36% from the previous year and the fewest number of homes bought since 2009 when NAR began tracking this data. Overall, US existing home sales totaled 4.09 million in 2023, down 18.7% from 2022, and the lowest level since 1995.
Riyadh’s office market continued its strong performance in Q2 2024, as per the latest Saudi commercial market report by Savills, reflecting the strength of the non-oil sector. This sector is considered a key driver of the economy, and it grew by a solid 3.4% year-on-year in the first quarter of this year, exceeding initial estimates. Continued non-oil activity is expected to propel GDP growth to a projected 5% this year.
A new federal programme will help San Francisco build and preserve nearly 3,700 affordable housing units across the city. The programme, called Faircloth
A recent survey by Select Property, a leading UK-based property developer and investment partner, reveals that 73% of KSA investors are eyeing lucrative
Real estate giant Ayala Land Inc. (ALI) reinforced its push for a greener property sector in the country after successfully raising P20.5 billion through
PNC Investments LLC (PNCI), the parent company of Dubai-based residential developer Sobha Realty, received an affirmation of
Mapletree Investments Pte, a Singapore-based property development and management firm, is expanding its global presence with the
Leading UAE-based smart and green facilities management (FM) company Farnek has secured a raft of new security contracts, valued at more than AED 25
The Sustainable City – Yas Island has received the prestigious Estidama 5 Pearl classification for the design of its homes. Developed in partnership between
Adam, a Prague-based start-up modernising the way clients find reliable and available tradespeople without the hassle of long wait times and confusing price
Knight Frank, a global leader in real estate consultancy, has appointed Dr Christopher Payne as Chief Economist. Payne brings with him 30 years of expertise
What claims to be Scotland’s most powerful electric vehicle (EV) charging hub has opened in the city of Dundee. Installed by energy major SSE, the Myrekirk roundabout site will feature a total of 24
Hamad International Airport (DOH) has partnered with Siemens to optimise its district cooling infrastructure, aimed to conserve and reduce energy consumption
Streaming service Netflix has announced Netflix House, an immersive retail, food, and entertainment experience based on popular series to be located in malls
Savills Investment Management has acquired a newly constructed multifamily development in Amsterdam’s IJburg area through an off-market transaction for its
The Berkeley Services Group is thrilled to announce a significant milestone in its ESG journey through an exciting Biofuel agreement with Lootah Biofuel. This
Saudi Arabia offers a plethora of opportunities for new development and business expansion, driven by Saudi Vision 2030. Riyadh has emerged as one of the
The first half of 2024 has showcased remarkable successes for the UAE’s real estate sector, witnessing a surge in diversified demand, while recording the
Abu Dhabi is running out of office space due to strong demand from hedge funds and other major businesses. Occupancy rates in Al Maryah Island, home
The Luxury Real Estate announced that it has consolidated its portfolio with Scorpion Property, amassing AED 3 billion in exclusive property listings across
Gendo, an AI platform which transforms how architects and designers bring ideas and sketches to life, has raised an oversubscribed €1 million pre-seed round
The Hong Kong retail property market could tap a new wave of demand from Chinese electric vehicle (EV) makers rushing to set up showrooms and related
Obhur City, managed by Osool Integrated Real Estate Company, is proud to announce the official partnership and grand opening of Tamimi Markets, located in
American University of Sharjah (AUS) has recently signed a Memorandum of Agreement with Hitachi Energy under the framework of the AUS College of
DAMAC Group, a leading property developer known for its diverse investment portfolio, has announced a significant increase in its investment in the rapidly
An integrated project to develop a rain drainage network in Dubai has been approved at a cost of Dh30-billion, announced Sheikh Mohammed bin Rashid Al
The Oman Ministry of Housing and Urban Planning (MoHUP) is forging ahead with the design of the $1.3-billion Al Khuwair Muscat Downtown and Waterfront
Wilo Group, a leading manufacturer and digital pioneer in the pumps industry, empowered and educated students and youth at the Young Future Energy
Dubai-based Qstay, a revolutionary hospitality and rental investment property management platform, today announced that it has successfully raised $4.6
The Australian city of Canberra has secured agreement at a national meeting of building ministers to establish a nationally consistent approach to measuring
Hong Kong surpassed Tokyo as the most expensive city to build anything in Asia, as a post-pandemic labour shortage exacerbated the scarcity of skilled workers in an
Intelligent power management company Eaton is bringing to market its new energy storage product, xStorage Hybrid, which is designed to simplify the energy
Dubai Land Department has announced the inclusion of real estate investment platform Stake into the Real Estate Evolution Space Initiative (REES). REES is
Ma Yansong of MAD Architects announces the completion of the 65,000-square-meters ZGC International Innovation Center in Beijing, designed to serve as
Zaha Hadid Architects presents the West Kowloon Terminus development in Hong Kong that features two pairs of interconnected office towers at the northern
Singapore-based wealth firm Paragon Capital Management has raised close to $38 million in the first close of its global real estate fund, with real estate co-
Daikin celebrates its 100th anniversary marking a century of pioneering innovation and unwavering commitment to excellence in the HVAC-R industry, bringing
Dubai Municipality announced its plan to manage public cleanliness operations and community services related to sustainable waste management in different
Amazon will invest an extra US$1.4 billion in its Housing Equity Fund, which is aimed at creating or preserving affordable housing in regions with major
InvestHK, the agency responsible for attracting foreign investment in Hong Kong, said that at least two dozen PropTech companies are expected to set up in
Stake, the leading digital platform for real estate investment, has successfully raised $14million in a recent funding round. The investment was led by Middle East Venture Partners (MEVP), with participation from Aramco’s Wa’ed Ventures, Mubadala Investment Company, Al Jomaih Holding, and the US-based
Cardino, a pioneer in the used electric vehicle (EV) market, announced a €4 million seed funding round spearheaded by Point Nine. The funding round was
When the Bank of Canada cut its overnight lending rate by 25 basis points recently, the response from housing experts largely fell into two camps: those who
Knight Frank, a leading global real estate consultancy firm, is proud to announce the addition of a new service; Interior Services, in partnership with Accouter, a
Headquartered between the dynamic regions of Asia Pacific and the Middle East, Origin Private Office recently announced its establishment as the leading
The Employee Happiness Awards (EHA) 2024, celebrating the top UAE companies excelling at employee well-being over the last year, concluded with much
Sixty nine per cent of global HNWI are interested in owning a branded residential property in Dubai, up from 59% in 2023, according to global property
After nine consecutive years of Green Globe certification, the Mercure Dubai Barsha Heights Hotel Suites and Apartments has enhanced its sustainable
Companies striving to meet ambitious decarbonisation targets across Asia-Pacific may crash straight into a shortage of environmentally certified office space by
Emirates Building Systems (EBS), a wholly owned subsidiary of Dubai Investments, and one of the leading manufacturers of steel structures in the Middle
Dhofar Global, a leading B2B supplier of essential products in the Middle East, and Palmade, a UAE-based company that offers locally manufactured
Property Finder, the leading property portal in the MENA region hosted the second edition of its Annual Property Finder Connect, under the theme of ‘Future
Select Property, a leading UK-based property developer and investment partner, cites that the UAE has witnessed a remarkable surge in branded residences
Elevision, a digital out-of-home (DOOH) media solutions firm founded in 2011, announces its international expansion into the United Kingdom. The Dubai-
Colife, a UAE-based smart-rental startup that operates as a full-cycle property management company, started the expansion into the Asian market, beginning
Tech giant Google has said that it will invest $2 billion in Malaysia, with part of the funds going toward building its first data centre and cloud region in the
Denver is breaking ground on the all-electric affordable rental development in the West Colfax neighbourhood. The building utilises a $100,000 grant from
Luxury residential real estate saw a surprising growth in 2023, with the Asia Pacific region commanding a prime position, a recent study has suggested.
Imdaad-Misr, a regional subsidiary of the Dubai-based group of integrated Facilities Management companies, entered into a new service agreement with Gates
Expo City Dubai is expanding with the world's biggest airport and Dubai Exhibition Centre nearby. It offers ready-to-move-in office space and aims to support
firm in Korea, managing assets worth $3.2 billion USD. This $2.6 million USD extension to LiveIn’s pre-Series B funding round builds on an earlier $8.3
Green building organisations in Hong Kong have launched a global certification standard to promote sustainability, as practitioners seek opportunities overseas
Holo, a prominent player in the prop-tech industry, has initiated a pre-Series A funding round after surpassing its initial targets. This oversubscribed round was
Distressed properties in Europe are presenting opportunistic gains for global investors because of supply and demand imbalances, with existing owners also
Trimble, a firm specialising in construction technology, is poised to revolutionise the construction industry in the GCC region ahead of Riyadh Expo
Building on its historic collaboration with COP28 as Strategic E-Mobility Partner and its commitment to sustainable actionism, Al-Futtaim Group, one of the
Daikin Middle East and Africa FZE (‘Daikin’), a leading manufacturer of air conditioning, heating, ventilation, and refrigeration solutions, has announced
Abu Dhabi has experienced a thriving first quarter in both the office and industrial sectors, driven by steady economic growth and strategic
This year, on May 22, the International Code Council (ICC) marked the first-ever International Building Safety Day. It is a day dedicated to promoting and
Leading UAE-based smart and green facilities management (FM) company Farnek, has received an award from Neutral Fuels for a significant reduction in
The city of Dallas, America’s fourth-largest metro area, has announced it is aiming to improve air quality through electrifying the city’s vehicle fleet by 2040.
The transfer of residential property to buyers in Thailand in the first quarter of 2024 fell 13% from the same period last year, the Government Housing Bank’s
Keyper, a real estate technology company based in the UAE, raised $4 million in funding before its series A round. The funding was led by regional venture
The latest Saudi commercial market report by global real esta Savills revealed that despite global economic challenges and a GDP that was revised downward
Dubai is a haven for real estate investors. It is a very lucrative investment opportunity, with a tax-free status on property purchases, high ROI potential, short-
China recently announced steps to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) China recently announced steps to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, and local governments set to buy "some" apartments. Investors hoped the measures marked the beginning of more decisive government intervention to compensate for waning dem
Luxury Owners Association Management Services LLC, LOAMS, the community management arm of DAMAC Properties has signed a Memorandum
PRYPCO Blocks, the Dubai-based real estate fractional ownership platform, has marked a historic milestone by successfully funding its first property located in Bellevue Towers,
CBRE’s latest research has found that all office markets across Australia saw rising occupancies in Q1 2024; this excludes the traditionally quieter holiday
PropTech company Stella Stays has recently inked contracts for two new buildings in Riyadh, Saudi Arabia, with the properties located in the vicinity of the
Wilo Group, a leading pump manufacturer and digital pioneer in the pump industry, reveals remarkable financial results for the fiscal year 2023, and continues to
UAE-based total facilities management service provider Emrill has announced that it is making significant progress towards its sustainability
The Rental Disputes Center (RDC) in Dubai hosted a group of law students from the American University in the Emirates, as part of a collaborative series of
The third edition of the MEFMA Awards of Excellence in FM 2024, hosted by the Middle East Facilities Management Association on May 8, recognised the
Fay Development SPV Ltd has acquired a prime plot of land in Dubai International Financial Centre (DIFC) to expand ‘Eden House,’ a brand owned by H&H
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Dubai’s real estate market has seen an exponential growth over the first quarter of 2024, driven by the increase in expatriate population, real estate investor
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Dubizzle Group, the premier online classifieds platform in the Middle East, reinforces its dominance in the automotive sector throughout the MENA region
Real estate consultancy Knight Frank MENA announced the sale of the most expensive apartment ever in the Downtown Dubai area. Kempinski The
Artificial intelligence (AI) and machine learning are beginning to transform how Asia Pacific real estate development projects are designed, built, and managed,
European commercial real estate deal making fell to a 13-year low at the start of 2024, as fading hopes of imminent interest rate cuts prolonged the slump in
Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, has ranked first in Abu Dhabi and 10th in the UAE in the 2024 LinkedIn Top
OpenHouse, an artificial intelligence property technology (AI PropTech) company under the OpenMinds Group, has launched an AI
Knight Frank MENA’s Industrial & Logistics team facilitated and successfully advised JAS Middle East on a ground-breaking 'Build to Suit' transaction in Dubai
David Schmidt has been appointed as Associate Partner and Head of Knight Frank MENA’s Non-Exclusive Project Sales Team, where he will lead a team
San Francisco is building on its reputation as a leader in water reuse technologies with two more buildings implementing on-site greywater reuse systems. The
UK motorway and trunk road service area operator Roadchef has opened its latest High-Powered Super Hub with electric vehicle charging at Rownhams
Plug-in solar systems on balconies are becoming increasingly popular among Germans living in smaller apartments. So far, more than 400,000 such systems
The demand momentum in the Indian real estate market, especially the residential segment, has spurred the growth of PropTechs, some of which have
Accacia offers an AI-enabled SAAS platform that helps real estate asset managers, owners and developers track their emissions
Clean energy transition company Catalyze has announced the operation of a solar and storage project installed at 66 Galen in Watertown, Massachusetts. The
In a collaborative effort between community management companies and the Dubai Land Department
Middle East regional technology services company, HITEK, part of the Farnek group of companies, has signed a JV partnership with Virgin Mobile Saudi; a
Equitativa (Dubai) Limited, manager of the Dubai-based real estate investment trust Emirates REIT reported FY 2023 financial results for Emirates REIT. The REIT
Bright Spaces is fortifying its presence in the CEE region with a strategic partnership with Adventum Group in Poland. Through this partnership,
Sales of homes in Dubai worth $10 million or more rose 6% in the first quarter versus last year, an industry report showed recently,
Japanese investment in Australian real estate surged last year to a record $2 billion as the country’s housing crisis
The office sector vacancy in the United States set a new record last quarter, inching up to a 19.8% vacancy rate, up from 19.6% the prior quarter and surpassing two
In a survey by global property consultancy Knight Frank, NEOM has been identified as the most preferred Giga project among expatriates living in Saudi Arabia, with
Leading UAE-based property maintenance services provider mplus has reached a significant milestone in its commitment to employee safety. Since
In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Dubai Government Human Resources Department (DGHR) launched the
BEEAH revealed that its AI Executive is being developed on a proprietary Language Learning Model (LLM), capable of simplifying complex, historical data into meaningful insights that will inform and
Award-winning UAE-based facilities management service provider Emrill has launched Emrill Rail, its latest division providing comprehensive solutions tailored to the unique needs of the country’s railway supply industry. Emrill Rail has strategically partnered with Clemtech, a leader
The world of real estate is ever-evolving, shaped by dynamic market trends, technological advancements, and regulatory landscapes. The 18th Edition of the Land,
Leading UAE-based smart and green facilities management (FM) company Farnek has expanded its business operations throughout the emirate of Abu Dhabi
92% of Muslim global high net worth individuals (HNWI) are targeting branded residential purchases in the Holy Cities of Makkah and Madinah, according to global property consultancy Knight Frank’s
Sydney’s high cost of living is holding it back as a real estate investment hub, despite being one of the top locations for tech start-ups and innovation, according to a new report. The Committee for
Researchers at the Indian Institute of Science, Bengaluru have developed a unique material that could replace natural sand in construction. Natural sand is
ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s leading real estate developer, took a major step in securing its technological capabilities
Powered by the latest generative AI technology with Amazon Bedrock, Aria (Artificial Responsive Intelligent Assistant) is designed to enhance building
Cambodia has remained one of the most desirable locations for offshore property investments by Singaporean nationals over the past three-year period, said a data released by the Shanghai-based
Through its sustainability and consultancy division, leading UAE-based smart and green total FM company Farnek, has enabled the Burj Khalifa to achieve LEED O+M Platinum Certification, the
Employee Happiness Awards is set to shine a spotlight on the on-going transformations across the human resources (HR) landscape, especially in the context of employee experience and wellness.
The Pullman Dubai Jumeirah Lakes Towers Hotel has been awarded its first Green Globe certification, a premier worldwide certification and improvement
The UK city of Oxford is developing a roadmap outlining how industry can decarbonise in line with the city’s net zero ambitions. Oxford City Council, on behalf of the Zero Carbon Oxford Partnership, has received £265,032 from the
Deyaar Facilities Management, a leading facility management (FM) solutions provider and subsidiary of Deyaar Development PJSC, has announced its rebranding as Ontegra to embark on a progressive future towards integrated, technology-driven solutions in the FM industry. This
Micromobility operator Neuron Mobility has revealed the results of an extensive study into e-scooter use in New Zealand, covering perceptions on safety, economic impact and rider demographics. While 36% of trips have
WiredScore, the company behind the international rating schemes for digital connectivity and smart functionality in commercial and residential real estate, announced recently that Knight Frank and
Zaha Hadid Architects has unveiled a large-scale project for the redevelopment of the Al Khuwair waterfront in downtown Muscat, the capital of Oman. The
JLL Income Property Trust announced the acquisition of Creekview Crossing, a 183-unit apartment community located in the suburban Portland market of
Alat, an innovative new company focused on transforming global industries (electronics and industrials) in the Kingdom of Saudi Arabia, has announced a
Muslim global high net worth individuals (HNWI) are prepared to spend US$ 1.96 billion on real estate in the Holy Cities of Makkah and Madinah, according
To implement a new energy and water reporting by-law, the City of Toronto in Canada has opened a reporting link that enables owners of large buildings in
The Global Clean Cities Expo 2024 held under the patronage of the UAE Ministry of Climate Change and Environment in Dubai on March 5 and 6 concluded
SmartCrowd, the MENA region's first regulated crowdfunding PropTech platform for real estate investments, is celebrating
In a significant move aimed at enhancing building safety and construction standards in the Sultanate of Oman
The Middle East Facility Management Association (MEFMA) hosted the MEFMA Seminar at Kuwait University - Shadadiyah on March 5
The UK Green Building Council (UKGBC) is launching new guidance to build greater accuracy and clarity of Scope 3 emissions
Procter & Gamble (P&G) announced the third edition of its annual Women Entrepreneurs Academy on March 7 and 8, as part of its ongoing commitment
The inaugural meeting of Real Estate Management professionals, hosted by the Community Associations Institute (CAI)
Bright Spaces is expanding its client portfolio to the Nordics through its latest collaboration with Skanska CDF
Nakheel Community Management (NCM) has been awarded the prestigious ‘Platinum’ rating in the classification system
Commercial real estate investment in Central Europe dropped by 55% year-on-year in 2023 to €5.02 billion
Google has commissioned the ambitious transformation of a 1930s rail terminal into a new headquarters in New York City.
Investing billions in social housing would “save the taxpayer money†over the long-term by cutting benefits payments and health costs,
AI is yet to make a mark on the Australian property market as a latest report has revealed that few property professionals
Knight Frank, a global real estate consultancy, has launched The Knight Frank Academy, KSA
PropTech portal Property Finder has appointed Himanshu Niranjani as Chief Technology Officer and Vladimir Malugin as UAE Country Manager. As PropTech
Perth's real estate market is red hot, with some interstate buyers significantly overpaying for Perth homes after battling it out in a bidding war. According to
South Korean financial service companies are seeing increased losses in global real estate
Hira Group, a manufacturer in the building products sector, announced the expansion of its footprint
PropTech start-up Crib, which specialises in technological solutions for co-living, hostels, paying guest (PG),
The Global Clean Cities Expo 2024, to be held under the patronage of the UAE’s Ministry of Climate Change and Environment
ServeU, a subsidiary of Union Properties and a leading facilities management (FM) solutions provider in the UAE, has integrated cutting-edge robots into its
Berkeley Services Group (BSG), a leading facilities management company and a member of Klüh International Multi Services, recently received the bronze
Emaar, The Economic City, the master-developer of King Abdullah Economic City (KAEC), has entered into a strategic partnership with hopOn, a fast-growing smart city solutions provider
Majid Al Futtaim Development, part of Majid Al Futtaim, recently announced the launch of a new collaboration with Dubai Culture and Arts Authority (Dubai Culture) and American
Honeywell announced that ENEOS, a leading energy company in Japan, will develop the world’s first commercial scale Liquid Organic Hydrogen Carrier (LOHC) project using Honeywell’s solution at
Student accommodation platform Amber has bagged $21 million in a funding round led by private equity firm Gaja Capital. The funding comprises $18.5 million
Arada, a master developer with luxury projects across UAE, has announced that it has partnered with Salesforce, a global leader in customer relationship
Californian-based electric aircraft company Joby Aviation has signed an agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi
Roam, a real-estate company that helps buyers purchase homes with assumable low-rate mortgages, has raised $1.25 million in seed funding. Founded by
Across the GCC, multi-family communities form a sizable portion of urban environments. Such communities enjoy certain privileges that enable them to
Saudi Arabia-based PropTech start-up Rize, which operates a rent now, pay later platform, has raised $2.9 million to fund its expansion across the kingdom. The new seed round drew investments from
New research has examined the complexities of the facilities management industry, and how they impact the safety and smooth running within the
RealReports, a PropTech firm formerly known as BHR, has successfully raised $2 million in a seed funding round led by TTV Capital, Moderne Ventures, Erez Capital, alongside other
Property buyers from Hong Kong or Macau can now transfer the entire amount through their banks to settle the deal
Rightmove plc, UK’s largest property portal, announced its acquisition of HomeViews Platform Limited for £8 million on February 1, 2024. HomeViews is known
Emrill has launched Techsphere Security Patrol App to bolster its total FM digital solutions for clients and employees. The application will increase security
Real estate consultancy firm Anarock has raised Rs 200 crore ($25 million) from 360 one asset management limited, part of the 360 one group, a wealth and
Days after quitting B2B fashion start-up Fashinza, its co-founder Jamil Ahmad has launched a full stack managed real-estate marketplace Marrfa. A SaaS start-
B2B events’ organiser TAB Group presents Global Clean Cities Expo 2024 (GCCE 2024), which is set to take place on ð— ð—®ð—¿ð—°ð—µ 5 and 6 at ð— ð—¶ð—¹ð—¹ð—²ð—»ð—»ð—¶ð˜‚ð—º ð—£ð—¹ð—®ð˜‡ð—® ð——ð—¼ð˜„ð—»ð˜ð—¼ð˜„ð—» ð—›ð—¼ð˜ð—²ð—¹, ð——ð˜‚ð—¯ð—®ð—¶. Held under the
With thousands of communities counting on our expertise in India, NoBrokerHood is looking forward to extending this triumph and trust on an international
Overall commercial real estate investment in Canada was down by 35% in 2023 versus 2022, the most significant percentage drop since the first year of the
Johor is experiencing the strongest property demand from foreigners and the momentum is expected to continue, driven by increased interest from
Knight Frank’s healthcare division is collaborating with Gulf Medical University (GMU) to introduce an internship programme named ‘College of Healthcare
Leading UAE-based smart and green facilities management (FM) company Farnek has achieved record sales revenue, securing a host of new and retained
The Upper Silesian-Zagłębie Metropolis (GZM) in Poland is deploying a 7,000-strong fleet of Metrobikes by Nextbike, the third-largest bicycle system in
Commercial real estate (CRE) investment in Asia Pacific rose 3% year-on-year (YoY) in Q4 2023 to US$31.6 billion, reversing seven consecutive quarters of
YOUAE Mortgages, a rapidly growing mortgage advisory firm in the region, is introducing UAE’s first mortgage AI avatar. With a client-centric approach, the
Abu Dhabi real estate investors saw returns of more than 8% on selected properties in the city last year, according to data from the Bayut Annual Sales Report for Abu Dhabi in 2023. Property specialists Bayut released
Urbanise FM has signed a three-year partnership with Building Facilities Pty Ltd. With over a decade of industry experience, Building Facilities Pty Ltd is committed to simplifying project management and optimising building facility
ServeU, a subsidiary of Union Properties and a leading facilities management (FM) solutions provider in the UAE, received the ISO 41001:2018 certification for
Honeywell announced the appointment of Khaled Hashem as President of the recently consolidated Middle East and Africa (MEA) region for the company. In
Global diversified professional services and investment management company, Colliers announced that Sankey Prasad will expand his leadership role to
According to sources, the UAE has eliminated the Dh1 million ($272,294) minimum down payment needed for individuals to be eligible for a golden visa
ASSA ABLOY, the Swedish organisation that provides access solutions, has unveiled its new regional headquarters at National Industries
Movingdoors, a Limassol-based provider of tech-enabled serviced apartments with flexible online booking options for durations of one month or longer
In a report unveiled at the Intersec 2024 Security Leader's Summit which concluded recently at Dubai World Trade Centre (DWTC), PwC, one of the
His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, revealed the
Four new high-level appointments have been made to various departments within the Government of Dubai. Amongst them was the announcement of HE
Rently, a Singapore-based startup that combines finance and property tech, has launched its services in the city-state – its first market. The company said that it is currently in the seed stage and is
Investment in Ireland’s commercial property market hit a 10-year low in 2023, driven by higher interest rates and valuation declines. However, while challenges
UAE proptech start-up Silkhaus has raised multi-million dollar funding from San Francisco headquartered Partners for Growth (PFG) in a pre-Series A round.
Plaace, a rapidly growing Norwegian proptech company, has completed an investment round of €885000 with RunwayFBU as the main investor. The capital,
The San Joaquin Council of Governments (SJCOG) in California is expanding its non-profit electric carsharing services to provide more residents of
AirBrick, a tech-driven commercial design and build brand in India, has announced its plans for future expansion and growth. With a commitment to integrate
The Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (DLD), has signed a memorandum of understanding with ‘Zand
Energy efficiency, sustainability, safety, inclusivity and functionality will be the key areas discussed at the forthcoming THINKLIGHT conference, part of Light +
RAAFA, a leading provider of retirement living and residential aged care services in Western Australia, has signed a five-year agreement with Urbanise FM, an
Etisalat Facilities Management, offering innovative, integrated and sustainable facility management solutions for large infrastructure projects, welcomed Ibrahim
In a significant move within the real estate sector, Blox, an AI-enabled real estate service provider established in 2020, has acquired a controlling stake in
Short-term rental data provider AirDNA has acquired vacation rental software and channel management system Uplisting for an undisclosed sum. This marks
The city of Chicago and Chicago Public Schools (CPS) announced that the district has won a $20 million grant to fund 50 low- and zero-emission buses as part
The company was deployed by Emaar to restore its iconic community to pristine conditions post the celebrations
Canada’s data centre market will keep “growing and accelerating in a big way,†according to Sean Maskell, president and general manager of Cologix Canada.Â
Global real estate advisor CBRE has been exclusively appointed by Bahrain’s Future Generation Reserve Fund (FGF) as property manager and leasing
The leading provider of holistic and 360-degree technology solutions in the building industry, Al-Futtaim Engineering & Technologies announced its strategic
British startup GIN E-Bikes announced it has raised €580k from Toloka.vc, a Ukrainian venture capital syndicate. The London-based manufacturer of hybrid e-
Pawel Kentaro Grendys, a prominent Latin American real estate expert with a deep understanding of the Mexican market, has released an insightful analysis
The Kingdom of Saudi Arabia’s Real Estate General Authority (REGA) has mandated that all monetary transactions or rent payments will have to be made
Eight real estate asset classes will see annualised returns in excess of 8% this year, according to Savills' 2024 cross-sector UK forecasts, which include its top
The city of Aberdeen has been awarded a £8.9million Scottish Government grant for its heat network for the community of Torry. The Torry Heat Network can
Property maintenance services provider mplus has elevated its services in partnership with Delos, a global leader in science-backed solutions for healthier
A new company named Parkin has been set up in Dubai to oversee all operations related to parking spaces in the city. His Highness Sheikh Mohammed bin
Emrill Energy, a division of leading integrated facilities management company Emrill, met with senior management of the Real Estate
Colliers, one of the world's leading real estate services and investment management companies, operating in 63 countries, has launched property management
Magnom Properties, a subsidiary of Saudi Arabia’s Rawabi Holding, emphasised the urgent need for decarbonisation of the region’s construction sector and
CRP Affordable Housing & Community Development and Manna have started construction on an affordable and supportive housing community in Washington,
The agreement provides the services of Etisalat EV charging stations across the Nakheel communities
Huspy (www.huspy.com), the UAE headquartered proptech start-up which is redefining home buying in the Middle East and Europe, has announced that its
HouseEazy, an online marketplace for pre-owned homes, has raised $1 million in a seed round led by Antler along with participation from India Accelerator, AC
Adeeb Group, a leading integrated facility management (FM), MEP contracting and energy management company, has joined forces with Switch Gear, a
Global investment in Asia-Pacific property markets stagnated this year while the proportion of capital from within the region galloped, with the trend likely to
The Canadian cities of Calgary and Edmonton are partnering with the environmental charity Ecotrust to progress an emissions-neutral building strategy in
Mumbai-based GetSetHome, an online platform that manages and provides accommodations on rent, has raised $1 million in a seed funding round from
Tech major ABB has announced that it is investing in Lumin, a US-based provider of responsive energy management solutions, to bring new smart and
The New Zealand capital city of Wellington has announced the addition of Berhampore and Karori to its sustainable transport network, opening up climate-
Real estate tech firm Prevu announced a Series A financing round of $6 million. Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss
Hong Kong-based MTR Lab has invested in French proptech company WeMaintain to support its expansion in the Hong Kong and Asia Pacific markets.
Reset, a UAE-based company specialising in energy and water-saving solutions through energy performance contracts and a subsidiary of International
German automaker Volkswagen has announced that several car models in its ID range are offering bidirectional charging with the “vehicle to home†(V2H)
The City of London Corporation has approved sustainability guidance for developers in a step towards its 2040 net-zero aims and Climate Action Strategy. The
The city of Dire Dawa in Ethiopia and sustainable solutions specialist Nedamco Africa and its partners have announced the launch of a digital water
Bahrain-based GFH Financial Group (GFH) has unveiled the masterplan for its mega high-end destination Areen in Bahrain that will boast of a new township
Cushman & Wakefield has announced that the firm’s Northern California Asset Services has been selected by the Presidio Trust to provide commercial
YourOwnROOM, a leading PropTech company, has inked a monumental $4 million partnership deal with Rushmore Estates to embark on a pioneering
Occupier demand for sustainable buildings in the UK has risen, and global appetite for green buildings is on the rise, but legislative uncertainty and lack of
The Abu Dhabi Securities Exchange (ADX) and the Abu Dhabi Housing Authority signed a service level agreement to enhance cooperation between the two
The multi-billion-dollar property management space has long needed a software revamp. Many solutions are outdated while others are spread thin to provide
The US Department of Housing and Urban Development (HUD) has announced a partnership with the Department of Energy (DoE) to decarbonise the US
Manchester-based Housr, a student living start-up focused on addressing the housing crisis, has secured £1.5 million (30% of the funding) (€1.75 million), in a
A member of Thailand’s richest family is partnering a Hong Kong-based asset manager to invest in luxury real estate in South-east Asia. Chatchaval
Two hundred bespoke temperature gauges are being strategically positioned across the city of Sydney to accurately measure local heat island effects and help
The first day of World Realty Congress was a resounding success with several industry thespians from various parts of the world sharing their insights on real
SEE Holding, the UAE’s first sustainably focused global holding group aiming to spearhead a net-zero future, and EnerTech, a Kuwait-based innovator,
Digital asset firm Tykhe Capital Group has introduced Hong Kong's first real estate security token offering. Prince Token, a real estate security token
Canada’s first electric-powered fire engine is operating out of Vancouver’s historic Strathcona neighbourhood, claiming several benefits over
Global property advisory firm Knight Frank predicts that private capital from high net worth (HNW) individuals and others will be a “driving force†for Asia-Pacific
The role of the private sector is becoming increasingly important in the practical implementation of climate. Keeping this in mind, the Wilo Group, a prominent
Munjz, the Saudi-based proptech cloud platform, is reshaping the Kingdom’s facility management sector with Munjz Market and strategic partnerships with
Property developers in the Philippines are being urged to explore divesting other assets into real estate investment trusts (REITs) in order to capitalise on more
The buildings that are not environment-friendly could go unoccupied as eco-friendly properties have become a necessity among tenants and property buyers, a
The adoption of cloud-based solutions for physical security is picking up speed as cyber-concerns about cloud security are lessening, finds Genetec’s 2024
Javeria Aijaz, Managing Director of UAE-based technology services company HITEK part of the Farnek Group, joined industry experts to deliver a presentation
A new cohort of cities is joining the Breathe Cities air quality initiative, which aims to reduce air pollution, slash carbon emissions, and enhance public
Singapore sovereign wealth fund GIC has announced that it has acquired two logistics facilities developed by Japanese real estate company Daiwa House
Egyptian proptech start-up Partment, which provides diverse second home co-ownership opportunities, has expanded to Greece following a five-fold increase
Chromatic red, green, blue, yellow and white buildings have cropped up on the corner of River Road and Ferndale Drive in Eugene, Oregon, as the newest
Three of Japan’s biggest developers are “aggressively†shopping for housebuilders to buy in the US as they hunt growth outside their shrinking domestic
Emirates Green Building Council (EmiratesGBC), an independent organisation that promotes and educates on green issues in the built environment, is hosting
The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real
Stephen Schwarzman, the CEO of American investment management firm Blackstone, is eyeing investment opportunities as the asset management giant
Three of Japan’s biggest developers are “aggressively†shopping for housebuilders to buy in the US as they hunt growth outside their shrinking
Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use
More than half of organisations are unprepared for future energy shortages or disruptions despite more than two-thirds agreeing that
As per industry insiders, the coming quarters should continue to provide a good entry point for real estate investments as higher yields will selectively generate
Dutch carsharing operator MyWheels is deploying CloudBoxx from Invers into its latest fleet of shared cars with bidirectional charging technology.
The collaboration aims at enhancing opportunities between the two parties in the field of technological investments
The Indonesian capital of Jakarta on the island of Java is working with Bloomberg Philanthropies and the Indonesian-led climate foundation
DoorFeed, a proptech company founded by veteran entrepreneur and former Uber employee James Kirimy
Europe’s proptech-focused venture capital firm Pi Labs has expanded internationally through the creation of a new Hong Kong outpost.
The real estate sector could offer opportunities for European investors in 2024, according to market outlook. Jessica Hardman
The United Arab Emirates has recorded a 15.3% increase in live IT capacity in 2023, reaching 235.3MW, making it the largest data centre hub in the MENA region
Leading UAE-based smart and green facilities management company Farnek has been granted full accreditation as an Energy Services Company (ESCO)
Tokyo has been crowned Asia Pacific’s most favoured destination for property investment for 2024, reclaiming the title for
Property buying discovery app Soho.com.au has raised $750,000 from Singapore proptech VC Feedback Ventures
The UAE’s journey to net zero has real estate at its heart, and using advancing technology to find ways
The City of Adelaide has endorsed a roadmap to accelerate the shift to electric vehicles (EV) in the city and North Adelaide. Last year, transport emissions
Property technology platforms have exploded across Canada over the past decade, with a steady stream of new additions coming onto the scene every year.
The Oxford City Council is planning to force all new homes and buildings to be constructed as net zero carbon by 2025. It is consulting on its Local Plan 2040
The Abu Dhabi Investment Office (ADIO) has announced plans to support new community market projects to enhance the quality of life for residents in Al
The high cost of entry into real estate assets relative to the GDP per capita has posed a challenge for the average Filipino aspiring to own property. However,
Poland’s capital Warsaw has become the country’s first city to join the Green Cities framework, the European Bank of Reconstruction and Development
The first cohort of senior executives from Musanadah, a leading Saudi-based integrated facilities management organization, have complete a comprehensive
Trimble, a construction technology leader, highlighted a number of noteworthy achievements and initiatives in the company’s latest sustainability report,
Leading e-bike marketplace Upway announced a €27.6 million Series B investment led by Korelya Capital bringing the brand’s total funding to €55.2 million. In
Leading Asian real estate technology company Juwai IQI announced that AG Realty, a prominent Malaysian real estate agency, has joined its network of more
The United Arab Emirates, Saudi Arabia and Qatar are doing the most in the GCC to fight climate change in several key areas despite their fossil fuel dependency, according to a new report that compares government and business sustainability policies, investment and actions across the Middle East and Africa.
Aspern Smart City Research (ASCR), which claims to be Europe’s largest energy research project, is commissioning Siemens to roll out new low-voltage
DocuSign has integrated with the world’s most popular messaging platform, WhatsApp, which will enable smoother, faster real estate deals. The launch of
Dubai Municipality is showcasing pioneering sustainable projects in advanced infrastructure at the Water, Energy, Technology, and Environment Exhibition
Wilo Middle East, the leading pump manufacturer and digital pioneer of the pumps industry in the Middle East, is participating at the Water, Energy, Technology,
Fyma, a London-based start-up using AI and computer vision technology to analyse video feeds for property managers, has raised $2.1m (£1.7m). Founded in
Around 95% of organisations have declared that their business ESG strategies are likely to influence their real estate choices – a clear indicator of the growing
Global emissions, which are continuing to rise by 1.5% a year, must be cut by 7% annually until 2030 to limit global warming to 1.5°C, according to new
The Rental Disputes Center (RDC), the judicial arm of Dubai Land Department (DLD), and Dubai Islamic Bank (DIB) signed a memorandum of understanding
UAE-based smart and green facilities management (FM) company Farnek, has acknowledged its two top suppliers for their commitment to sustainability and a
Legria, the Chilean proptech in the second home market, closed a capital raising of $3.4 million through the fund manager Ameris Capital through private debt.
According to a research done by CommBank, 71% of Australians think features such as solar panels, double-glazed windows and LED lights will boost their
Silkhaus (www.silkhaus.com), a cutting-edge proptech start-up dedicated to revolutionising short-term rentals across the Middle East and Asia, has announced
To capitalise on an ideal environment for the development of solar energy self-supply, Ensol, a Paris-based start-up specialising in photovoltaic equipment, has
A new real estate platform is set to shake up the traditional role of a sales agent, offering vendors the ability to sell their property without paying real estate
Without the implementation of nature-based solutions, in particular ending deforestation and restoring native vegetation, Brazil would jeopardise its Nationally
Jurny, the vertically-integrated provider of AI-powered property management solutions (PMS) for hotels and short-term rentals, has announced a series of
Masdar City, a pioneering sustainable urban community and a world-class business and technology hub in Abu Dhabi, and Oracle joined forces through a
Ryan Mitchell, head of Quality, Health, Safety, Excellence and Wellbeing (QHSEW) at the UAE-based smart and green facilities management (FM) company
The Society of Sustainability and Green Materials (SSGM), a non-profit organisation, has officially launched in the UAE to raise awareness on sustainability,
American software provider CINC Systems has launched new artificial intelligence (AI) features within its apps that give homeowners easy access to critical
The chief executive of Toronto-based Brookfield Asset Management, one of the world's largest real estate owners, said he expects next year to be one of the
The UK’s social rented dwellings have an average energy rating of C, according to data from the Office for National Statistics. The median energy rating in
Luxury property advisory and management firm Rhodium has launched the industry’s first white-label property management service dedicated to the branded
The Chief Executive Officer of Data Science Nigeria, Dr Olubayo Adekanmbi, has charged engineers to leverage artificial intelligence for the development of
Emrill celebrated this year’s ‘Thank Your Cleaner Day’ in cooperation with Kärcher between October 19 and 21 with site visits and an event held at Emrill’s
Munjz, the leading Saudi-based proptech company, has been riding a wave of success. It all set to take part in two prominent property events this month in the
Dubal Extrusion Investment (DEI) UAE has completed the acquisition of Thermalex Inc, an aluminium extrusion company specialising in aluminium multiport
Honeywell has announced that its regional headquarters in Dubai, UAE, is its first office globally to achieve the WELL Health-Safety Rating from the
Middle Eastern business conglomerate Al-Futtaim Group has been announced as the Strategic E-Mobility Partner of the 2023 United Nations Climate Change
2023 has been a record-breaking year for installations of small-scale renewables in Wales, according to data from MCS (Microgeneration Certification Scheme)
Nomad Homes, a software-enabled marketplace for residential real estate across Europe and the Middle East (EMEA), announced that it has closed a $20
The 28th Conference of the Parties (COP28) has left a mark on the global community's commitment to sustainability, and nowhere is this more evident than in
Saudi-based proptech, Ejari announced the closing of a $1 million (SAR 3.75 million) pre-seed round led by Hambro Perks’ Oryx Fund and Sanabil 500 MENA
Keyper, a Dubai-based property technology start-up, has raised $6.5 million in a seed funding round that it will use to expand its operations and geographical
The School of Engineering of the University of Tokyo is working with nine private sector companies from the field of engineering, construction, building services
Qdesq, a flexible workspace marketplace, has secured an undisclosed amount in a fresh funding round from proptech-focused venture capital firm Gruhas.
Dubai Municipality initiated the testing phase of a self-driving electric vehicle (EV) dedicated to cleaning bicycle routes along the beaches of Jumeirah and
Emrill Energy, a division of leading integrated facilities management company Emrill, hosted an energy efficiency workshop for industry stakeholders and
VeriEstate, a Dubai-headquartered app-based property inspection company, is adding a new dimension to real estate transactions by providing prospective
Despite the government’s target to reach net zero emissions by 2050, the UK’s heat pump supply chain is still in its infancy and remains much weaker than in
Khansaheb has teamed up with AJI Rentals to use Ampd Energy’s ‘Enertainer’ to power two tower cranes on its flagship project, Serenia Living
Dubai Government Workshop entered into a cooperation agreement with eSolutions, which is aimed at establishing mechanisms for efficient
Apartool, a leading B2B provider of corporate housing solutions, has announced the closing of a Series A financing round valued at
The First Minister of Wales Mark Drakeford officially opened the first tidal stream energy site of the country. The substation is linked to Morlais
Vilnius, the capital of Lithuania, has been crowned the 2025 European Green Capital in the European Commission’s European Green Cities
Bisly, a start-up that is making it economically feasible to turn any building into an energy-efficient one, has closed a €3.6 million round of
Buildings should be made to work better for social and economic reasons; not just to meet safety and climate change goals, delegates at a
Following a successful 16-year career as CEO and GCEO of Imdaad Group, the leading provider of Integrated Facility Management services in the region,
Regional AI powerhouse Mozn, a leader in enterprise AI technologies, inked a landmark partnership with Astra Tech, a pioneering, UAE-based tech company.
Dubai Land Department’s Rental Dispute Center (RDC) is showcasing its comprehensive and updated digital initiatives during its participation at
Jurny, a leading provider of AI-powered solutions for automating hotel and short-term rental management, released new performance metrics
Musanadah, a leading Saudi-based provider of integrated facilities management solutions, has announced it has successfully renewed HCIS
Javeria Aijaz, managing director of HITEK, a UAE-based technology services company providing smart FM solutions, delivered a keynote
Australian-based Digital Classifieds Group (DCG) has acquired the online property marketplaces in Indonesia and the Philippines in a newly
Cleanco Group, represented by Cleanco services and Cleanco Waste Treatment, created history by breaking a Guinness World
The Florida law known as the "Homeowners' Association Bill of Rights," which was created as a way to improve oversight of the state's HOAs,
The Government of Monaco has adopted a VMware Sovereign Cloud as it seeks to bolster the principality’s data security and confidentiality
Under the patronage of the Ministry of Municipal Rural Affairs and Housing, and in the presence of His Excellency Vice Minister Mr. Ihab bin Ghazi Al-Hashani,
H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, issued Law No.3 for 2023 on regulating joint property
Flyhomes, known for revolutionising the real estate industry, is setting its sights on broader horizons. The company announced the launch of its Partner
Facilio, a leader in the property operations and maintenance software space, has witnessed a 100% increase in demand for its Connected CaFM software, with
Barnsley Metropolitan Borough Council in the north of England has completed a £4m infrastructure and energy upgrade project with cleantech integrator
The Dubai Municipality has launched a comprehensive development plan for community labourer’s markets in the labour zones within Dubai. The plan
FlexCapital, a service offered by Texas-based Quext Financial, was officially launched recently. Developed as a streamlined technology equipment leasing
The global market for technology serving the real estate market, or proptech, is estimated to grow from US$18.2 billion in 2022 to US$86.6 billion in 2032,
Property maintenance services provider mplus has launched total commercial kitchen maintenance solutions as part of the company’s ongoing commitment to
Apleona, a leading European integrated FM company based in Neu-Isenburg near Frankfurt (Main), has acquired a stake in Eastway, an Irish firm specialising
Indian realtors’ apex body CREDAI will help over 13,000 builder members in adoption of technology solutions in real estate projects, enabling them to reduce
Imdaad, one of the leading integrated facilities management companies in the region, has secured a major three-year service contract from the Sports City
Berlin has announced that it is expanding its funding programme for the balcony power plants. For this small-scale use of solar energy, owners of owner-
EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing, and supply of water and electricity
A programme of 100% clean energy bus routes, 100% Zou!, has been launched in the coastal city of Antibes in south-eastern France on the Côte-d’Azur, which
Australian digital property exchange platform PEXA is set to acquire UK-based e-conveyancer, Smoove, in a $58.6 million (£30.8 million) deal. Set to close in
Scotland showcased its latest innovations and solutions for energy transition, decarbonisation, and offshore wind and wave energy at ADIPEC in Abu
Newcastle, in the north east of England, has announced plans that will see the entire city become a Smoke Control Area (SCA) to improve air quality and
YAEMCO has been awarded the Integrated Facilities Management (IFM) contract for the one-of-a-kind shopping destination – the Art of Living Mall in Dubai.
Leading Saudi integrated facilities management organization, Musanadah, has announced that it has been granted the Institute of Asset Management (IAM)
Fundrise, known for its real estate investment platform, launched its Innovation Fund last year with the goal of offering access to venture tech investments for
Not nearly enough homes are being insulated in London for the capital to meet its 2030 net zero target, it has been claimed. A report by the Greens at City Hall
ENBD REIT (CEIC) PLC, the Sharia compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced that Dr
Global climate-resilience solution specialist Sesame Solar has committed to donate four mobile nanogrids to Ukraine to provide off-grid renewable
KKR, a leading global investment firm, announced that it has completed the sale of over 5 million sq ft of industrial warehouse and distribution properties for a
Novo, a Berlin-based proptech start-up, has announced a €1 million pre-seed funding round to speed up the decarbonization of real estate at scale. The round
Veolia, a leading ESG company, in partnership with Kingston Council is rolling out 27 new electric collection vehicles to provide a cleaner, greener, and quieter service for residents
Dubai Municipality has achieved a remarkable global distinction securing first place at the Global Benchmarking Award 2023
Pioneering property portal Bayut has further revolutionised the hunt for a new home or real estate investment by leveraging the latest artificial intelligence technology.
International consultancy ValuStrat has expanded its valuation services in Qatar with new lines of business. Since its arrival in Qatar a decade ago, ValuStrat
Real estate developers in the UAE and rest of the world could extend their profit margin in high-rise buildings by up to between 25-40% of the total value of the
Mayor Michelle Wu has announced a pilot programme to decarbonise Boston’s housing stock by offering grants to support electrification. The Healthy and
UK-based facilities service provider, Pareto, has formally entered the European and North American facilities management market. The move into these new
Muna Al Nahdi, Head of Sustainability & Consultancy at leading UAE-based, smart and green Facilities Management (FM) company Farnek, has been
Artificial Intelligence (AI) has increasingly put its stamp on technology on recent years and will likely do the same for the commercial real estate (CRE) industry,
Salik Company P.J.S.C., the Emirate of Dubai’s exclusive toll gate operator, has relocated to a new eco-friendly office at Festival Tower, underscoring its
The Eklund | Gomes Team at Douglas Elliman has taken AI adoption to the next level with the launch of Maya, an AI real estate expert. Maya utilises property
Danube Home, the home improvement and furniture retailer, announces the launch of its highly anticipated ‘Garden’ collection. The grand unveiling of the ‘My
With its latest acquisitions, Canadian asset management firm has surpassed $5 billion in assets under management, with continued growth on the horizon.
Two-thirds (66%) of UK respondents would support a New York-inspired ‘brown tax’ to help decarbonise commercial buildings exceeding set emission limits,
The Royal Institution of Chartered Surveyors (RICS) has launched the second edition of ‘Whole Life Carbon Assessment for the Built Environment’ (WLCA)
For the first time, a formal local climate action summit will be held at the Cop28 climate change conference this year in Dubai. Hosted by the Cop28 Presidency
qbiq, a visualisation platform using GenAI for real estate space planning, has announced that it has raised $10 million in seed from strategic investors including
EV charging company Mer is installing charge points at more than 100 of Knight Frank Investment Management’s (KFIM) client-owned sites. Following an in-
The city of Toronto has issued a $100m green bond to help finance transformative climate action projects. The transaction is a reopening of the green bond
Global asset manager PGIM Real Estate has increased its exposure to rental residential in Asia Pacific and Australia. In China, the firm has entered a
UAE based proptech start-up Silkhaus, dedicated to revolutionising short-term rentals across Asia, has announced the appointment of Sabine El Najjar as the
Munjz, the Saudi-based proptech cloud platform, has announced its strategic partnerships with six regional industry giants. The signings took place at the Cityscape Global Exhibition
Orange Business has signed a deal with the King Abdullah Financial District Development & Management Company (KAFD DMC) in Saudi Arabia to design, build and run a smart city
Global sustainable buildings specialist Johnson Controls is collaborating with telecom major BT Group to help clients benefit from smart technology to digitally
FoxyAI, a proptech leader in real estate visualisation and property intelligence, has launched FoxyAI-GPT (https://foxyai.com/foxyai-gpt/), a highly
A coalition of businesses has launched a venture to fund the free decarbonisation of British homes using carbon credits. The Powering
Amantra FM, a Dubai-based niche facilities management company, has announced a partnership with the US-headquartered AtmosAir, a global leader in
Singapore property start-up Simpple listed on the Nasdaq exchange in the United States recently as part of ambitious global expansion plans. Founder and
Careem, the region’s leading multi-service platform, has partnered with King Abdullah Financial District Development & Management Company (KAFD DMC),
Eurovent Middle East, the region’s HVACR industry association, is set to launch a leadership academy and provide certified training to MEP engineers and
Building and property maintenance company, Wates, has accelerated plans to decarbonise its commercial van fleet with a major investment to replace 45 small
Siemens has inaugurated its climate-neutral research and development (R&D) facility in Zug, Switzerland, following seven years of construction. The
The city of Vancouver has announced what it claims is the first zero-carbon firehall – providing essential fire and rescue services – in Canada. Located at 7070
Indian proptech start-up Crib said it is providing tech solutions to more than 1,000 individuals or entities that provide rental accommodation to students and
To address the dynamic growth of the Arab world’s population, the Arab Housing & Community Development Forum opened at the Conrad Abu Dhabi Etihad
The city of Paris plans to expand its underground urban cooling network that uses water from the River Seine to maintain low temperatures in public buildings.
ROSHN, the Kingdom’s leading national real estate developer and a PIF-funded giga project, has launched ROSHN.com
Leading provider of cost management, project management and advisory services Currie & Brown has recruited Michael Moore to join their growing team in
Aldar Estates, the region’s largest integrated property and facilities management company, has added further scale to its business with the acquisition of FAB
G20 leaders adopted a Green Development Pact to accelerate the steps needed to tackle the challenges of environment and climate change on the first day of
Indian proptech unicorn NoBroker has introduced a metro-based property search feature on its platform, allowing consumers to broaden their property options
Amidst the ever-evolving global economic landscape and the dynamic growth of the Arab world's population, the
Research engineers at Heriot-Watt University in Dubai have launched a solar energy testing facility to help companies in the UK and other countries to develop
Thomas & Adamson (T&A), the international project management and cost consultancy firm, reports strong growth in business turnover supported by an
UAE-based facilities management (FM) services provider, Emrill, has announced its intended collaboration with Delos, a leader in science-
Azizi Developments, a leading private developer in the UAE, has signed an MoU with Siemens, the German technology company, to further the energy
Mace, the global construction and consultancy firm, has announced the appointment of David Glennon as the new Group Head of Digital Engineering. David
Saudi-based New Murabba Development Company (NMDC) has awarded Turner Arabia, a leading construction management consultancy, with a significant
Transport technology scaleup VivaCity has partnered with Sheffield City Council to set up a three-year monitoring programme to assess the impact of the
Nuventura, a Berlin-based leading provider of SF6-free, medium-voltage (MV) gas-insulated switchgear (GIS) technologies, announced the completion of a €25
Leading UAE-based smart and green facilities management (FM) company Farnek, has signed a partnership agreement with Dubai headquartered Neutral
Madinet Masr, one of Egypt’s leading urban community developers, has unveiled its latest innovative concept, Touba, a transformative solution that redefines
Dallas-based Backflip, an all-in-one real estate and fintech platform for fix-and-flip investors, has launched My Leads, an AI-enabled property sourcing feature
A start-up founded by three former early-stage Deliveroo staff has raised $2 million (£1.6 million) to fuel expansion for its AI-powered property search engine.
The deadline for homeowners to install smoke and fire detectors, and subscribe to the UAE e-alert system is January 1. Originally reported as September 1,
Melbourne-based proptech Listing Loop has closed the first tranche of its Series A, securing $2.1 million. Co-founder and CEO Rhett Dallwitz said the start-up
Juxta, a global technology company, has introduced a portable, micro convenience retail store targeted at operators of electric vehicle charging stations.
ZÄZEN Properties, a leading sustainable property developer in the UAE, urges the country’s real estate industry to prioritize sustainability in its upcoming
UAE-based facilities management (FM) services provider, Emrill, has appointed David Kaleta as the head of technical. Kaleta will develop and implement
Dubai Municipality has launched a new online portal that provides property owners easy access to their land and property data, including construction licences
Rolls-Royce has appointed JLL as its global real estate facilities manager for its portfolio spread across China, Germany, India, Singapore, the UK and the US.
London has expanded the ultra low emission zone (Ulez) city-wide to cut air pollution across the UK capital. Mayor Sadiq Khan said expanding Ulez was a
Verisk, a global data analytics and technology provider, has announced a strategic integration with proptech company Planitar to introduce a new product to
Luxury Presence, a leading proptech start-up that provides growth marketing solutions to more than 9,000 agents, teams and brokerages, recently unveiled
His Excellency Dawoud Al Hajri, Director General of Dubai Municipality, alongside a delegation from the Municipality’s executive and
Proptech company PropTechBuzz has announced the launch of its platform, which will try to transform how proptech products are
Singapore Infocomm Media Development Authority (IMDA) is working with tech company Dell Technologies and digital infrastructure
Venturous Group, the Citytech Group, has refreshed its brand and launched a new website, following its series B capital raising with CLP
In line with its commitment to sustainability and clean energy, Kuwait-based Al Hamra Real Estate Company has successfully completed the installation of a
Larsen & Toubro’s (L&T) Power Transmission & Distribution Business has been securing major infrastructure contracts in UAE, Kuwait, Qatar, and KSA. In the
Fresh real estate regulations have been announced in the UAE. Sheikh Hamad bin Mohammed Al Sharqi, who serves as a Supreme Council Member and
Plunk, the world's first AI-powered analytics platform for residential real estate, has partnered with Xome, a robust online real estate marketplace, to offer
In a remarkable stride towards advancing professionalism and industry best practices, the Community Association Institute Middle East (CAIME) has entered
UK-based Kamma, a property data firm that powers climate change solutions, has raised £3.6 million to expand its data engine for commercial and residential
Munjz, the Saudi-based, proptech cloud platform designed to cater to KSA property owners and developers, has set a new precedent within the property
In the first half of 2023, cumulative proptech investments in India surpassed the $4 billion milestone since 2009 with segments including co-living and co-
Reiterating its commitment to Saudi Arabia’s Vision 2030, Yarn Cloud, a Saudi-based pioneer in property management solutions, has said the company’s
HITEK – a leading UAE-based provider of smart facilities management (FM) solutions, which is part of Farnek group of companies – has added a new
The Arab Organisation for Industrialisation (AOI) has announced a new partnership with Iveda to support and scale smart city developments in Egypt. Granted
Australian proptech company Realtair has kicked off the start of its international expansion programme, moving into New Zealand. According to Realtair Chief
UAE-based Azizi Developments said it has broadened the collaboration with global technology major Schneider Electric to acquire its electrical wiring
Northumberland County Council in the north of England has unveiled a solar car port array, which will help provide clean energy to the council’s headquarters
Leading UAE-based total facilities management (FM) service provider Emrill has enhanced its command centre with virtual reality (VR) technology capabilities
Sook, the proptech innovator reinventing how retail space is used, announced its partnership with Mall of Africa (MoA), a premier retail destination in South
Bhutan has emerged as a country with impressive net-zero emissions and not only curbed its carbon footprint, but also transformed into a carbon sink,
South African proptech innovator Flow has secured $4.5million (+-R78 million) in funding at the conclusion of their pre-Series A investment round – the single
Real estate developer RE/MAX Turkey has introduced REMAXY, the industry's first AI-supported personal assistant. The initiative marks a significant step in
Australian cement manufacturer Adbri (formerly Adelaide Brighton) is taking several steps toward reducing emissions and supporting a low carbon economy.
Smart infrastructure and artificial intelligence (AI) specialist Iveda has signed a $1.7m contract with a Taiwanese government agency for networking equipment
The ACC Liverpool Group, operator of the M&S Bank Arena, Exhibition Centre Liverpool and convention centre, is set to receive £1.4m from the Public Sector Decarbonisation Scheme
Saudi Arabia’s Public Investment Fund (PIF) recently announced the establishment of the Saudi Facility Management Company (FMTECH) to offer a comprehensive range of services,k
Philippines-based proptech company UTOVILLE has officially launched its SaaS-based ‘Property Management Platform’, a complete solution catering to premium residences in the
A new study by the Indian market research firm Future Market Insights suggests that the proptech market is going to continue growing at a faster rate than it has already.
Tango, a leading provider of cloud-based real estate and facilities management software, announced that it has acquired WatchWire
Kansai Electric Power, Japan’s second largest electricity supplier, is creating what it claims to be the world’s biggest standalone rooftop solar panel installation
A Netherlands-based technology company named Matrixian Group, that uses smart data and computer smarts (Artificial Intelligence or AI) to figure out how
Proptech start-up Dongnae said that it plans to acquire Stevens, a South Korean company that operates co-living business Dears. The two companies did not
The City of Melbourne has released a draft masterplan to guide the city-shaping transformation of the Yarra River – Birrarung. At the 15 August Future
India's booming construction sector, driven by expanding urban housing demand and state spending on infrastructure such as roads, could add up to 30 million
Berlin-based proptech start-up dao has raised €1.5 million in pre-seed funding. Involved in the round are investors Julian Teicke of wefox, Patrick Henning of
A digital twin developed by Siemens is being used to drive what claims to be the world’s first carbon-neutral wastewater treatment plant in the UK. The Net Zero
SK Telecom (SKT), Deutsche Telekom, e& and Singtel have formed the Global Telco AI Alliance to accelerate artificial intelligence (AI) transformation in the
Aldar Properties has appointed Faisal Falaknaz as Group Chief Financial and Sustainability Officer (GCFSO), further strengthening the Emirati representation
Soft facilities management company, SBFM, has launched Evolve, a new initiative dedicated to providing sustainable
Montreal-based prop tech startup Local Logic has raised $17.5 million CAD in Series B funding to continue its expansion in the United States while developing
Master Builders Australia (MBA), the country’s peak building and construction industry association, has released its inaugural report outlining building and
The Middle East region is leading the charge in driving growth and adoption of the WELL Building Standard (WELL) globally with a 24-fold increase in WELL
The City of Boston has signed an executive order (EO) eliminating use of fossil fuels in new construction and major renovations of city buildings. The functions
Funding in Indian proptech firms fell marginally by 3 per cent to $719 million during the last calendar year, as investors continue to have a positive outlook on
Reliance Industries and Brookfield Asset Management signed a Memorandum of Understanding (MoU) to explore opportunities to manufacture renewable
The Seoul Metropolitan Government (SMG) has set out its plans to become a “robot-friendly†city. Announcing the Seoul Comprehensive Robotics Industry
Leading construction and property services company BAM Construct UK is rolling out a new approach to portfolio risk management powered by artificial
Abu Dhabi-based clean energy giant Masdar has signed an agreement with construction major Citaglobal Berhad to develop a range of renewable energy
Manchester City Council has reported that it is on track to reach its target of having almost 10,000 new solar panels on its buildings across the city by the end
The global recognition of Saudi Arabia’s renewable plans and green initiative has led the Kingdom to advance 24 ranks in the Energy Transition Index since
The UK risks a growing divide between organisations who have invested in new, artificial intelligence-enabled digital technologies and those who haven’t, new
In a bid to accelerate the growth of advanced technologies like artificial intelligence, Saudi Arabia’s Prime Minister and Crown Prince Mohammed bin Salman
Strathallen Capital has transformed its management team while expanding its services over the past three years and it takes its next step today by rebranding
The new London office of the Royal National Institute of Blind People (RNIB) is the first building in the UK to fully adopt a new BSI neurodiversity standard,
Saudi Arabia’s Public Investment Fund (PIF) has signed a Memorandum of Understanding (MoU) with Japan’s largest power generation company, JERA,
A co-operative building in the Riverdale section of the Bronx in New York City has installed a hot water system that also generates free electricity. Connecticut-
Berlin has approved a €5bn special fund for climate action to accelerate the conversion to fossil-free energy and the reduction of emissions. The sum is to be
Innovative digital solutions company HITEK, part of UAE-based smart and green facilities management (FM) group Farnek, has signed an agreement with the
A survey of over 500 decision-makers across corporate Australia has found that a vast majority believes that a
Minneapolis City Council has approved the city’s Climate Equity Plan, which aims to further the city’s health and sustainability goals and reach carbon neutrality
The Bezos Earth Fund has announced a $400m commitment to help establish and enhance green spaces in underserved urban US communities.
Seven Denver-area municipalities in the state of Colorado have announced the launch of a solar group buying programme.
Neom has launched a digital communications facility and data to enhance current and future digital connectivity
Singapore MIT-Alliance for Research and Technology (Smart) has launched an interdisciplinary research group (IRG) aimed at tackling key
Singapore’s Keppel Corporation has signed an agreement with HSBC Hong Kong for pursuing energy transition opportunities
According to scientists, the ground beneath us is heating up and giving rise to the phenomenon of “underground climate change†and our civil
Proptech start-up Altre has raised $1million in a pre series A round to grow technology, capability and teams across the country. Altre is a B2B fulfilment
Proptech start-up Stoa has reduced its workforce by 80 per cent from around 100 employees to just 20 after undergoing dramatic cutbacks. Rising inflation
Berkeley Services Group (BSG), a leading facilities management company in Dubai, has appointed Karl-Heinz Otto Mair as the new Managing Director as
Mitie has been awarded a new contract worth £62 million by pensions and savings firm Phoenix Group to carry out integrated facilities management
Saudi Aramco’s venture capital arm has invested in Tenderd, a UAE-based firm backed by Peter Thiel, which uses AI-generated insights to monitor
Lamudi, an online real estate classifieds platform, has laid off staff in Indonesia to “maximise growth and improve business efficiency.†It did not specify the
The UAE Ministry of Human Resources and Emiratisation (MoHRE) recently announced the introduction of 356 well-equipped rest stations for delivery drivers
Surat, a city in India that boasts of making 90 per cent of the world’s diamonds, is now home to the largest office in the world. Called Surat Diamond Bourse,
As part of President Biden’s ‘Investing in America’ agenda, the US Department of Energy (DOE) announced $90 million in competitive awards
Leading UAE-based IT smart Facilities Management (FM) solutions company HITEK, a part of the Farnek group of companies
Technology firm Bosch has begun volume production of its fuel cell power module at its Stuttgart-Feuerbach location.
Morgan Sindall Property Services has been chosen by social housing provider Longhurst Group to uprate the energy efficiency of hundreds of homes
MRI Software has acquired Loci Solutions Group Pty Limited, an Australian property technology consulting and outsourced managed services company serving
Facilities management firm AG Facilities Solutions has announced the appointment of a new senior manager to handle specialised services and drive service
Housing.com, India’s leading proptech platform, has collaborated with credit infrastructure provider FinBox to introduce a new service that allows customers to
Housing.com, India’s leading proptech platform, has collaborated with credit infrastructure provider FinBox to introduce a new service that allows
ENGIE, the leading provider of low-carbon energy services and solutions for integrated utilities management, has signed a memorandum of understanding
Roshn Group, a PIF giga project and Saudi Arabia’s leading real estate developer, has signed an MoU with the nation’s Expenditure and Projects Efficiency
A funding scheme has been launched in Scotland to offer up to £20 million in grants to help local authorities, universities, and arm’s-length external
The Egyptian Ministry of Electricity and Renewable Energy has revealed that LONGi, the Chinese supplier of solar photovoltaic (PV) solutions, is keen to boost its
A study by software company Mobilityways analysed facilities managers working for large UK companies employing more than 500 staff, and found that 74 per
Mayfair Coin, a property technology company, will unveil an all-in-one solution that caters to buyers, tenants, and sellers globally. The company will
Valiant Business Media recently announced the second edition of the ‘London Proptech Show’. Set to take place on February 27-28, 2024 at ExCeL London
The idea of tokenizing real estate assets has long been a dream for many blockchain projects. And now, thanks to a Hong Kong Central Bank Digital Currency
One of Europe’s largest solar power rooftop installations has been brought onstream by solar developer Sunrock on PATRIZIA’s 210,000 sqm Maasvlakte
Anarock, a residential real estate services group, has announced that ASTRA, the firm’s proprietary AI-driven sales acceleration tool for real estate
Reaffirming its commitment to sustainable business practices in the region, Nissan Middle East has announced plans to install a new solar energy system at
Leading UAE-based smart and green facilities management (FM) company Farnek has secured a host of new and retained contracts, valued at more than AED
Real estate startup OfficeBanao, which raised $6million from Lightspeed in April this year, has once again raised funds from three angel investors, including
The facilities management sector in Qatar indicates a revamping market this year, which benefited incredibly from hosting the FIFA World Cup last year, said an
Imdaad, a Dubai-based group of companies providing integrated, sustainable facilities management (FM) services to enhance operational efficiencies of
Property maintenance services provider mplus has appointed Marie Moulds as sales manager to enable further business expansion in Dubai and Abu Dhabi. In
Global engineering and project management services company Assystem has announced that it has been appointed by Saudi-based Enowa to conduct a
BESIX and Hitachi Zosen Inova (HZI) announced a significant milestone in the Dubai Waste-to-Energy (DWE) project with the successful ignition of the first fire
UAE-headquartered real estate development firm The Luxe Developers has officially launched its upscale twin-tower waterfront development located on
SAGA International Owner Association Management Services (SAGA), a Provis subsidiary, has been given the prestigious Gold Ranking as an owners’
Japan's tallest skyscraper, towering at a height of 330 metres, was completed at the heart of Tokyo, Mori Building Co said, beating the previous title holder
Swedish developer Atrium Ljungberg plans to build the world’s largest wooden city in Sickla, a former industrial quarter in southern Stockholm. Set on 250,000
A new climate data portal by the Met Office went live recently with a focus on helping facilities managers better manage buildings. The Met Office’s Climate
Architecture, interior design, and landscaping firm iMaker Group is nearing the completion of an opulent palace for a VIP client located in Hittin, Riyadh,
Kicking off the summer months, Provident Estate has opened a new office in the world’s largest manmade island – Palm Jumeirah. The new office will work as
With more than 80 real estate developments across Switzerland and Austria, Fortimo is preparing to expand its footprint in Dubai. Says Remo
HDFC Capital-backed proptech firm Reloy, which helps realtors in generating referral sales, has raised Rs 7.2 crore (Rs 72 million) from
Leading property and facilities management company Eltizam Asset Management Group, jointly owned by IHC and ADNEC Group, will merge with Abu Dhabi-
A proptech start-up in Cyprus called buildbuild, which develops software for managing construction projects and increasing their marginality in the SMB sector,
The UAE, which has the largest biomass capacity in the Middle East and North Africa (MENA) region, is expected to develop its waste-to-energy (WtE) sector
As per the latest date from China Index Academy, prices of new homes in China came down in June. This is the second consecutive month of decline in the
Facilio, an AI-driven SaaS property operations platform provider with a global customer base, announced its expansion into the ANZ region in response
The Electricity and Water Affairs (EWA) of Bahrain recently announced its plans to build five new electric vehicle (EV) charging stations across the kingdom.
A new venture named trainingEXP, focussing on passive fire protection and health and safety training in the property and construction
Air quality experts met at an event hosted by the Building Engineering Services Association (BESA) recently and stated that the government should set strict
A cleaning tech base by leading facilities management firm Mitie was officially opened recently by Andy Street, Mayor of the West Midlands. The site,
An Abu Dhabi-based distribution company has managed to save 1.8 million cubic metres of water from January 2021 till date thanks to its
Approximately 90 per cent of construction decision-makers in both the UAE and KSA are confident of the market conditions and the prospect of their projects
A Seattle-based start-up named Picket Homes has raised $20 million to boost the development of its platform that helps investors analyse, purchase and
Magnom Properties, an Egypt-based company and a subsidiary of Rawabi Holding, plans to use green hydrogen to power its proposed Forbes International Tower
Richard Morrison, a real estate agent from Vancouver with over 20 years of experience, has been using artificial intelligence to help sell houses
With a budget of $7.8billion, Saudi Arabia has presented a plan to host Expo 2030 to the General Assembly of the Bureau International des Expositions (BIE),
Arada, a Sharjah-based master developer, has listed $500 million (AED1.8 billion) sukuk at Nasdaq Dubai, the region’s international financial exchange
UAE-based smart and green facilities management (FM) company Farnek has appointed Muna AlNahdi as its new Head of Consultancy & Sustainability
Property management firm SBK Real Estate has appointed Yardi as its property management and accounting platform to digitalise its estate management
Leading ESG company Veolia with partners, ADQ, an Abu Dhabi-based investment and holding company, and Vision Invest, have met all the approvals and
Construction and consultancy firm Mace has released a report titled ‘Transform & Renew - Making Non-domestic Buildings Fit for a Low Carbon Future
The Japanese government is considering setting up a proxy condominium management system for overseas owners. Under the proposed system, pr
The Proptech Association Australia recently came out with a new map of the national proptech ecosystem that has grown massively in the last few years. As
Habitas, the hotel and events company, which was born from the camps of the Burning Man Festival in Nevada, USA; is all set to expand exponentially across
A mansion in Emirates Hills is for sale for Dh750 million ($204 million) thereby making it the most expensive property in Dubai and one of the most expensive in
After the success of their 28-storey Al Manara Tower and the 29-storey Al Jawhara Tower in the popular residential area of Jumeirah Village Triangle,
ChatGPT has taken the world by storm and many real estate agents are making the best use of the software. As per reports, agents in some broker companies
SNS-Lavalin has been awarded the district cooling services contract for King Salman Park, a majestic green space which is being built in the heart of Riyadh.
Karcher, a leading provider of clean technology, has signed an agreement with sustainability and digitisation expert BEEAH Group to collaborate on multiple
UAE-based smart and green facilities management (FM) company Farnek, has launched its latest in-house innovation, a mobile app with smart AI Chatbot
Through this transaction, which is valued at Dhs150m, Aldar will hold a majority stake of 75 per cent in Basatin with the remaining 25 per cent held by a
Asette launches an AI-driven property investment platform, revolutionizing off-plan property research and acquisition in the $35 billion UAE market. With a
The program funnels property management fees into funding better housing outcomes for an age-group of women who need it the most.
Dubai Multi Commodities Centre (DMCC) has appointed Mace, a global consultancy and construction company, as the building operations management firm
The collaboration was aimed at supporting affordable housing and the mortgage market for citizens in both the US and Saudi Arabia: SRC
NEOM has announced that it has finalized contracts with investors for the first phase of its residential communities’ expansion, a social infrastructure project
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It’s astonishing to fathom the manner in which technology has revolutionized the economy in today’s day and age; from the administrative level all the way up
Given the state of society today, it would be accurate to assume that industries are shifting toward digitalization. Now, almost every player
UAE-based facilities management (FM) services provider, Emrill, has bolstered its sustainability efforts and appointed Shariq Ahmad as associate director
Adeeb Group, an integrated facility and energy management company, and Green Global Group have signed a Memorandum of Understanding to explore
Saudi-based Riyadh Development Company (ARDCO) has joined hands with Arriyadh Holding Company to set up a key entity in the real estate
UAE-based facilities management (FM) services provider, Emrill, has appointed Dean Harnden as business development director. In his new role.
Ventures Connect is proud to announce the sixth Construction Technology Festival (CTF) which will be co-located with the Property Technology
AG Facilities Solutions (AGFS), a leading facilities management company under the Construction and
The Middle East Facility Management Association (MEFMA) recently held the second edition of the MEFMA Awards of Excellence in FM 2023, in line with
Knight Dragon (www.knightdragon.com), the leading international property developer, announced details of the company’s Middle East expansion plans
Integrated facilities management (FM) provider, Emrill, has implemented several targeted strategies and innovations to intensify efforts to provide sustainable
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The real estate market in Dubai experienced a record-breaking year in 2022 surpassing a  whopping $65 billion. Despite global headwinds, the real estate
BEEAH Group, the sustainability pioneer and digital expert in the Middle East and North Africa (MENA) region, has signed a Joint Development Agreement
CBRE Group, Inc. (NYSE:CBRE) today announced that its property management group has formed a global strategic partnership with Deepki that will bring
The project comes in line with the Dubai 2040 Urban Master Plan, said Dubai Municipality
Serco, the international public services company, has been appointed by Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative
Manzil Life, Dubais cutting-edge property management company, proudly announces the appointment of real estate titan Sanjay Manchanda as a strategic
Oman’s IFM leader Renaissance Services has appointed Rami Oud as its Chief Facilities Management Officer (CFMO), a key position that will further
Award-winning Saudi Arabian integrated facilities management organization, Musanadah has opened state-of-the-art BICSc-certified training
Mumbai-based Homesfy Realty Ltd., India’s first listed real estate tech-enabled brokerage firm, has expanded to Dubai. In the fourth quarter, Homesfy’s
The Middle Eastern region is witnessing a continuous growth in the construction of mega projects, smart buildings, and eco-friendly facilities.
According to the official news agency, Iraq has announced a launch date for the multi-billion-dollar rail network project linking its southern Grand Faw Port,
Leading UAE-based IT smart Facilities Management (FM) solutions company HITEK, part of the Farnek group of companies, has launched a creative
Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, has announced the appointment of
Adeeb Group, based in Abu Dhabi, and Azbil Corporation Middle East have signed a Memorandum of Understanding (MoU) at the Adeeb Group Head
UAE-based IT smart Facilities Management (FM) solutions company HITEK Services, which is part of the Farnek group of companies, is to start a pilot
UAE-based facilities management services provider, Emrill, has announced 18.3 per cent revenue growth in 2022, resulting from its commitment to retaining
Turkish Property Management Company Lands Investment at $26m Valuation
ACROMETA Group Limited, an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare,
Estater.com, a GCC-based PropTech company that uses artificial intelligence and data science in real estate, announced recently, that it closed a Series A
UAE-based smart and green total facilities management (FM) company Farnek, is starting a campaign to remind healthcare facility managers, about the
Leading UAE-based smart FM solutions company HITEK Services, which is part of the Farnek group of companies, has initiated an agreement to supply more
ServeU, one of the leading facilities management (FM) solutions provider in the UAE and a subsidiary of Union Properties, is set to launch
The Emirate of Dubai has been named the cleanest city in the world, adding yet another feather to its cap.
The Middle East Facility Management Association (MEFMA) recently organized a one-day seminar in the Egyptian capital, attended by decision-makers
Savills Singapore has announced the launch of an energy and sustainability management (ESM) department in response to the increasing demand for green
Leading UAE-based total facilities management service provider Emrill has developed and launched an advanced, digital FM solution
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AG Facilities Solutions (AGFS), a leading Facilities Management provider in the UAE, today announced the
Facilio, a leader in the property operations & maintenance software space, today announced its agreement with Dubai World Trade Centre’s One Central,
Community Associations Institute (CAI) is honored to receive the 2022 Lobbying Strategy Innovation Award for its condominium safety
Property Management Platform - Propertyme has launched a new rental payment service called ‘MEPay’. This will allow agents to see rental payments
California-based Keystone, the premiere Homeowners Association management company in Southern California, has expanded in San Diego by acquiring
Imdaad, a Dubai-based group of companies that provides integrated, sustainable Facilities Management (FM)
AG Facilities Solutions (AGFS), a leading provider of integrated facilities management services
UK data center firm Virtus has tapped JLL to manage its facilities. JLL announced recently that it had been appointed to provide integrated facilities
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Leading full-service real estate company Provis has established itself as the UAEs largest independent Owners Association (OA) Management firm in the
Colliers (NASDAQ AND TSX: CIGI), the leading diversified professional services and investment management company, has announced
Dubai-based innovative and technology-driven home maintenance specialist Hitches & Glitches (H&G), part of the Farnek
Newmark Group Inc. announced the launch of Optality, a dynamic portfolio optimization solution to enable enterprises to add flexibility to their office space
UAE-based facilities management service provider, Emrill, was on-site for the tenth consecutive year to provide cleaning services
Police were called to a residential building in Vaughan, north of Toronto, at about 7.20pm on Sunday to reports of an active male
Buffalo in New York state is partnering with the Simplicity App to provide residents with a single destination to receive notifications
Global PropTech company Sharry has unveiled the first intelligent building in Spain that uses its smart office technology. Called Smart, it is part of a complex
Leading UAE-based smart and green facilities management (FM) company Farnek has expanded its reach in the key banking sector, with a host of new and
The IRECMS concluded with a Gala Awards Ceremony which honoured and recognised the amazing work of those who manage UAE’s built environment.
Property Keepers Management, an established Community Association Management company on Floridas East Coast,
BoardSpace recently announced that they will be integrating with TOPS Software to provide a broader management software.
Stella Stays, the award-winning, leading PropTech company disrupting the global residential real estate sector with its innovative business model and key
Plan3Media Event Management, Dubai’s leading event management company, announced the schedule of IRECMS Dubai 2022. Riding on the success of Madrid
KAIZEN Asset Management, one of the leading property management firms in UAE with an asset management
Sydney-based Hutch Underwriting has launched a new residential strata insurance
Sydney-based Hutch Underwriting has launched a new residential strata insurance policy, which it says offers corporate protection from cybercrime for the first .
DoorLoop, the highest-rated property management software online, announced a new feature to its already expansive arsenal: Custom Websites for users
WPM Real Estate Management, one of the region‘s leading property management firms, announced
Leading full-service real estate company Provis has announced the acquisition of 'SAGA International Owner Association Management Services LLC' (SAGA),
As part of its participation in the 27th UN Climate Change Conference, COP27, held in the Egyptian city of Sharm El Sheikh, the UAE launched the National
Homegrown UAE startup Silkhaus has secured $7.75m in seed funding, backed by top global venture capitalists and entrepreneurs
Westward360, a premier provider of real estate management services for community associations and rental property owners, announced its strategic
The £155 million contract, which provides maintenance work, repairs, servicing, and hard facilities management to the MOD‘s estate in Gibraltar, was awarded
Leading UAE-based smart property management solutions company HITEK Services, which is part of the Farnek group of companies,
Kelson Group became the first property management company in Edmonton and Northern Alberta to have its multifamily apartment buildings recognised under
Goyzer is purpose-built, in Dubai, for real estate agencies. By streamlining and tracking all property management tasks, Goyzer enhances communication
Zhuhai Wanda Commercial Management Group Co. Ltd., the commercial property management unit of Dalian Wanda Group, renewed its effort to sell
NEOM, the developer behind the $500 billion vertical city in Saudi Arabia has announced that people can now immersive themselves in THE LINE‘s journey at
Leading UAE-based facilities management services provider, Emrill, has reached another major milestone in its ongoing strategy and efforts to prioritise the health
Maktoum bin Mohammed: Mohammed bin Rashid‘s vision has made Dubai the world‘sa foremost hub
M7 Real Estate (M7) has opened its first office in the Middle East to capitalise on the continued strong demand for high-quality European real estate from investors in the region.
DUBAL Holding - the investment arm of Dubai Government with focus on Non-Ferrous Metals, Recycling, Energy & Industrial Sectors
Farnek‘s business development team has won 16 new contracts in the UAE capital so far this year, with a combined revenue of more than AED 50 million.
Honeywell and King Abdullah Financial District (KAFD) today signed a Memorandum of Understanding (MoU) to help create a sustainable smart city experience
Leading real estate services company, Asteco Property Management, has unveiled its new brand identity as part of its strategic growth and expansion strategy
With this Partment will aim to enhance the infrastructure of the platform and deploy its MVP starting in Egypt
Established in 2019, Stella is present in major cities across the Middle East, Europe and North America
The service provider announces the appointment of customer service and call centre managers Property maintenance services provider, mplus, has appointed
Australian Proptech :Different, has announced the launch of an all-in-one property management solution
Jeddah Airports Company has awarded a five-year contract outlining operations and maintenance (O&M) services for the King Abdulaziz
Inspire Integrated (Inspire) is pleased to announce its achievement of five million man-hours with zero Lost Time Injury (LTI) at Emirates Nuclear Energy
DP World has just announced that work has started on site to build a new fourth berth at its London Gateway smart logistics hub.
MRI Software announced that AG Facilities Solutions (AGFS) has selected its arm MRI Evolution, a fully scalable Facilities Management system, to drive the ongoing digital
Imdaad, a Dubai-based sustainable facilities management (FM) services company, said it has signed a one-year contract with Dubai Culture & Arts Authority
Nakheel Community Management has been awarded the International WELL Health-Safety Rating for Facility
Phixe Solutions Technical Services, a subsidiary of Emirates Facilities Management, has launched Bluefinch, a ‘pay as you go‘ facility management solution that allows property
Azizi Developments, a leading private real estate developer in the UAE, is taking proactive steps to foster the well-being of its residents and develop lifestyle
Facilio, a leader in the property operations & maintenance software space, today announced a strategic partnership with Tutenlabs, a US-based IoT solutions provider
SRC International Sdn Bhd and two of its subsidiaries have settled their RM1.43 million suit against Putrade Property Management Sdn Bhd, which manages the World
Sharjah's environmental management company Beeah Group and Egypt's Green Planet have entered a contract to provide city cleaning services for Sharm El Sheikh.
Brookfield Asset Management Inc. has more than $110 billion to invest and is eagerly eyeing deal opportunities, including buyouts of mispriced public companies.
JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, is strengthening its end-to-end
Dubai Municipality today announced that 85% of Dubai Waste Management Centre (DWMC), the world‘s largest waste-to-energy project, has been completed.
Khansaheb FM (KFM), a renowned Dubai-based facilities management company, has partnered with the leading real estate services firm Provis to organise a ‘ green ’
Square Yards, one of the fastest growing proptech companies globally, today launched a 3D Metaverse platform that will showcase the future of real estate
Aldar Properties PJSC (‘Å“Alda’) announced that it is scaling up its property and integrated facilities management platform through the full acquisition of Spark Security
The agreement was signed by Dr. Ansari, Group CEO, Adeeb Group, and Ms. Abhilasha Singh, the Principal of the
JLL, a leading professional services firm specialized in real estate, investment management, and development
Savills Singapore has announced the acquisition of a majority stake in Absolute Maintenance Services (AMS),
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region,
Leading UAE-based smart and green facilities management (FM) company Farnek has underscored its security credentials with a host of new and retained
CBRE Group, Inc. announced the acquisition of E2C Technology, an Artificial Intelligence/ Machine Learning (AI/ML) data-driven technology company that will enhance and further differentiate
UAE-based integrated facilities management service provider, Emrill, has appointed Kym Mayes as head of soft services. In her new role, Mayes will develop
AG Facilities Solutions (AGFS) announces new appointments within its regional Leadership structure. The new team will spearhead the business‘
H3C, an industry leader in digital solutions and enterprise networking, has appointed Al-Futtaim Engineering & Technologies (AFET), part of Al-Futtaim Group
UAEU University announced all the buildings on all campuses are now connected to the Hassantuk safety system, which is integrated with Civil Defense
Global real estate advisor CBRE has announced the appointment of Pedro Ribeiro as General Manager of CBRE Saudi Arabia as part of its continued strategic
Atlas Real Estate, a Denver-based investment brokerage and property management company in the single-family rental sector, announced reaching $2.5 billion
Full-service real estate company Provis has signed a Memorandum of Understanding (MoU) with the Environment Friends Society (EFS), in a move that
Ang Mo Kio residents affected by the Selective En bloc Redevelopment Scheme (Sers) will now have the option of applying
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Milestones, an all-in-one portal for navigating home ownership, has raised $10.3m in Series A funding
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Guesty, a property management platform for the short-term rental and hospitality industry, has raised $170m in a Series E funding round.
King Abdullah Financial District (KAFD), the region‘ s prime destination for business and a cosmopolitan lifestyle
A leading business solutions provider, Transguard Group has officially inaugurated a new 270 sq m medical facility in its largest accommodation
The Museum of the Future has signed a strategic partnership agreement with DEWA to showcase unique technologies and solutions
Hill International, delivering the infrastructure of change was selected by the Talaat Moustafa Group (TMG)
As the Middle East&rsquos digital transformation advances at an accelerated pace,
The Facilities Management Company, Khansaheb FM (KFM) is proud to announce the success
EWEC (Emirates Water and Electricity Company) and the Abu Dhabi Department of Economic Development (ADDED)
Anaergia Inc. announced it has signed a contract to supply its industry-leading organic waste treatment solutions
ST Telemedia Global Data Centres (ST Telemedia) has reached an agreement
Following the Austin launch in August 2021, global PropTech company Blueground has just celebrated its milestone 100th apartment in the Texas
While the real estate industry has increased its adoption of technology solutions in the post-Pandemic era
EAST-O Holdings, the technology division of Eltizam Group, has newly launched “PropEzyâ€, a cloud-based software-as-a-service (SAAS) platform
Yardi announced a new product, RentCafe CRM IQ, for multifamily operators to manage relationships
DUBAL Holding, Quantafuel, and BASF are moving to the front-end engineering and design
Al-Bawani signed a Memorandum of Understanding (MoU) with Mytilineos group, the World Leader in Industry and Energy
RealManage, LLC, the nation's third-largest condominium and HOA management company, purchased five highly successful community management
To meet the increasing demand, Daikin announced that it has invested EUR13 million to start the production of VRV systems
Leminar Air Conditioning Company, a reputed name in the HVAC and Plumbing sectors across the Arabian Gulf, signed a distribution agreement with Rheem,
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of the Emirate of Dubai
FinaMaze, the ADGM-regulated asset management firm, has completed the Fintech Saudi regulatory program for which it was selected in March 2022
In a recent ceremony, King Abdullah Financial District signed a cooperation agreement with MAEE, the National Water Efficiency and Conservation Centre
MAVEN Developments, the affiliate of the American Riverwards Group, held a round table to discuss the latest developments of its projects, investments, and future
Khansaheb Interiors has been awarded a contract to carry out a full refurbishment of 105 guestrooms, 10 suites, reception, restaurants
Transguard Group&rsquos facilities management (FM) division has booked approximately $68mn in new contracts.
Concordia, a trusted name in Facility Management across Dubai, has announced the appointment of Michael Nicholas as the new General Manager.
IMMO, Europe’s first technology-led residential real estate investment platform, has embarked
Opendoor opened the door, so to speak, to the idea of applying technology to the concept of house flipping to both scales the opportunity and make
Associa Real Property Management (RPM), a leading provider of top-tier community management
With a view to increase their product and services bouquet, ANACITY, the leading Community Management Software provider for gated communities,
Estative platform launches a real estate social media platform to create a real estate community that brings together developers,
The Diriyah Gate Development Authority (DGDA) has announced the signing of an agreement with the Saudi
Michelle boasts more than 18 years of experience in the property management industry after starting her career at
iDWELL, which describes itself as “a leading light for the next generation of digital property managementâ€Â, already manages some 900,000 apartments across Germany,
Khidmah, one of the region’s leading facilities management and maintenance companies, reaffirmed its partnership with the Future Rehabilitation Centre (FRC) by
Urbanise is proud to announce a new four-year agreement to deliver a Facilities Management (FM) solution for Arvida, New Zealand.
Leading UAE-based IT smart Facilities Management (FM) solutions company HITEK Services, which is part of the Farnek group of companies, has signed a two-year contract with major, tier one Sudanese total FM company, TAD.
The facility management industry is expected to generate total sales of around US$ 47.5 billion in 2022, according to a new report by market research firm, Fact.MR.
In this context we will provide about Redinent\'s automated threat assessment solution finds vulnerabilities and weaknesses in IoT devices
In this context we will provide you about Cushman & Wakefield has greatly bolstered its property management operation in South Florida
In this context we will provide about the property technology company has acquired a portfolio of Strata Management Assets from Martello Property Services
The Rental Disputes Center (RDC), the judicial arm of Dubai Land Department
During the first half of 2022, Provis, a leading full-service real-estate company, announced significant energy and utility savings totalling AED 2.4 million across 13 managed
Nesma & Partners, a leading Saudi EPC contractor, offering full-fledged services in the industrial, oil and gas, civil and buildings, and infrastructure sectors
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Miral
Facebook parent Meta has cancelled a contract with custodial workers at its Silicon Valley headquarters, resulting in hundreds of job cuts later this month.
Three divisions of Virginia-based Dodson Property Management have joined forces with Evernest, a national property manager based out of Birmingham, Ala.
Stratez Capital, a boutique firm based in Singapore that focuses on assisting enterprises planning to elevate to the next phase of growth
Dubai’s property portal, houza, raised $5.5 million in a pre-Series A round from UAE’s top real estate agencies. Co-founded in 2020, by CEO Barry Judge, houza.com
The worldDMCC Uptown Tower Completes Façade Workss flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced that the façade of Uptown Tower has been
Marc Fooks will lead Turner & Townsend’s UAE infrastructure segment, where he will drive business growth through service excellence and digitally.
In this context we will provide you the whole material about the trending news that Developer Will Try to Raise £140 Million by Tokenizing London Property
Sharjah Asset Management Company, the investment arm of the Government of Sharjah, participated in the twenty-fifth edition of the Petersburg International
Prime Developments signed a management and operation agreement contract with EFS Facilities Services Misr  a subsidiary of EFS International specialised in integrated
Saudi Real Estate Company (Al Akaria) has signed a SAR 141.97 million agreement with Roshn Real Estate Company to purchase residential lands with a development
JLL, a leading professional services firm specialized in real estate, investment management and development consultancy services, has appointed David Duke
Majid Al Futtaim, the leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, announces
Taronga Ventures to introduce opportunities for Aldar to further diversify its business and increase technology transfer to the region
Al Bawani signed a Memorandum of Understanding and cooperation with the Colleges of Excellence to support and develop the construction sector, in a move to prepare
Nadia Ibrahim, Associate Director for Sustainability at Farnek, has been elected to the board of the official Local Network of the UN Global Compact in the UAE, for a three
Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, has officially established a new joint venture with LMD, Egypt’s
Prime Minister Mostafa Madbouly has issued a decree obligating competent authorities to include the new rules for sales
Property Finder, a prop-tech company, has launched SuperAgent, MENA's first artificial intelligence (AI)-driven ranking system for agents.
Atalian Servest has acquired Incentive FM Group in a move designed to “expand the FM firm’s core service offering, reinforcing sectors of focus, and adding further scale and experienceâ€Â.
Veolia has offered to sell the Suez business in the UK to assuage the Competition and Markets Authority‘s (CMA) concerns that the merger of the waste management firms
Östra Sjukhuset, one of four sites that form Sahlgrenska University Hospital, Sweden’s largest university hospital, is setting the global standard in sustainable hospital waste
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai announced the opening of Expo City Dubai, this
Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Mivne Real Estate (K.D.)
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Rising interest rates could lead to reduced commercial real estate leasing for certain property types for the next several years
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SJP Properties has inked a deal with industrial technology company Siemens for 65,500 square feet of office space within the amenity-rich campus. In addition to a variety of on-site lifestyle amenities and a suite of hospitality-
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View, Inc. (NASDAQ: VIEW), a leader in smart building technologies, today announced the industry's first complete, cloud-native platform to enable smart buildings.
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Amana Property Management (Amana), a premier property management consultancy, has signed an agreement with the Bahrain Defence Force (BDF) Military Consumer & Economics Association to take over the management
A new set of district cooling regulations will come into effect in Dubai later this year, reducing excessive billing and imposing penalties for poor energy performance.
AG Facilities Solutions’(AGFS) &lsquo AG Centre for Enhancing Life’has received the international ISO 18295:2017 quality standard...
HqO, the industry-leading workplace experience platform, today announced the acquisition of Leesman, the world’s leader in measuring employee workplace experience.
Magnom Properties, the real estate arm of Rawabi Holding, has appointed JLL, a leading professional services firm that specialises in real estate
SmartCrowd, Dubai‘s innovative real estate crowdfunding platform, which allows individuals investors to take a‘Å“fractional‘ share in a rental property
REM Times - The Global Hub for the Real Estate Management Professionals is now officially open for the industry.
NaturaSeal is a leading international manufacturer that specialises in producing environmentally sustainable building envelope solutions
The Healthcare of Ontario Pension Plan is planning to reduce the greenhouse gas emissions of its $20 billion real estate portfolio.
Transguard Group, a leading business solutions provider in the UAE, said that it has further reinforced its partnership with a UAE-based airline to include check-in agents.
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A group of building owners has sued New York City over its Local Law 97, claiming the ambitious crackdown on building carbon emissions is...
Blackstone is expanding its presence in Canadian real estate, opening a Toronto office to take further advantage of a hot global market, according to a recent company statement.
Real Estate agents across the country received nearly $4 billion in taxpayer-financed Covid relief
Morgan Stanley is warning investors that the cryptocurrency collapse that is happening right now could spread to other areas, such as NFTs and digital real estate.
UAE-based DAMAC Properties has announced that it has won the $120mn bid to acquire land in the upscale Miami neighborhood of Surfside.
The Dubai Building Permit Development Committee has completed the unified electronic platform for building permits,
Real state consultancy Land Sterling has tied up with GeoDrones Aerial Services to enhance its building surveying services.
Technology is reshaping the airport security with tools like CT scanning, 3D imaging, AI, and other means for the security of passengers & cargo
Allsopp & Allsopp appoints director of data and digital Transformation, Lynnette Sacchetto keeping in line with the company‘s drive to make an impact on the betterment
House prices in Riyadh have risen at their fastest pace in at least five-years, with apartments posting a growth of 20%, while villas have seen an 18.6% increase in sales prices
Community Associations Institute (CAI), the international leading advocate for condominiums, homeowners
Associa Chicagoland, a leading provider of community management services throughout Illinois and Northwest
UAE-based total facilities management service provider Emrill has developed and launched an app to drive
Trusted business solutions provider Transguard Group is pleased to announce the launch of its newest business, Kitchen Maintenance Solutions (TGKMS)
UAE: Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, has announced the appointment of Sheikh Saud bin Mohammed
The Middle East Facilities Management Association (MEFMA), the region’s leading facilities management organisation
Hotels need to consider the impact their operations have on the environment and put a strategic roadmap in place
RIYADH ‘ Property e-conveyances have increased to nearly 79,000 transactions since the launch of the service
UAE: Property Finder, a leading proptech company in the region, has announced two senior appointments - Scott Bond as UAE country
Ejar is close to launching a new version of the housing contract, Al Eqtisadiah newspaper quoted Ziad Al-Aqeel, Manager of the e-network saying.
Farnek Hotel Management , a part of UAE based Smart and Green Facilities Management company Farnek, recently launched their app Flexi Guest.
The latest edition of the Gulf Sustainability Awards was held on the 20th of September, 2021, in Dubai.
Integrated Facility Management service provider, Emrill has partnered with UAE based IFFCO to distribute 7,000 care packages to their employees.
Dubai based group, Imdaad, has won a 5 year ‘ËœTotal Facility Management’ contract with Dubai World Trade Centre.
Villa rent prices marked up by almost 2.6 percent in Dubai during the second quarter of 2021,
Abu Dhabi-based real estate firm, Sky Abu Dhabi Developments is set to invest up to 1 billion USD (valuing almost 15 billion Egyptian Pounds)
Dubai based group of companies, Imdaad, recently held a bottle-recycling challenge in collaboration with the residential community at Dubai
ccording to data from Property Finder, property sales in the Dubai Real Estate Market grew more than 40 percent year on year in the first half of 2021
Sharjahâ‘s homegrown waste management company, Bee‘ah, is fast emerging as a front runner in the regions
UAE-based Facility Management company, Farnek has signed contracts to manage 8 national pavilions at Expo 2020,
Hayi, a Dubai based start-up has developed a free to use mobile application whose primary aim is to increase engagement within neighbourhoods in the UAE.
Spaces that support the virtual working and learning requirements of residents across the globe are the need of the hour.
Gearing up for Expo 2020, scheduled to be held between October 2021 and March 2022,
On 18th Aug, Luxhabitat Sothebys reported the sale of a plot of land in Jumeirah Bay - an upcoming community nestled between the iconic Downtown
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