Middle East

Job concerns and fall in oil prices impacting property markets in Abu Dhabi

The Abu Dhabi residential real estate market saw a slight slowdown in the first half of 2016, mainly due to the decrease in oil prices since the beginning of 2015, according to the latest analysis report. Overall, residential rental rates decreased by 3% on average with high end property rents down by 4% while there […] The post Job concerns and fall in oil prices impacting property markets in Abu Dhabi appeared first on PropertyWire . Continue reading

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Downsizers in UK unrealistic about what their money can buy, research suggests

Older home owners in the UK who want to downsize have unrealistic expectations about how much money they will raise as property prices in the country continue to rise, it is claimed. Estate agents are seeing growing demand from clients looking to downsize to raise cash with 66% reporting a rise in enquiries over the […] The post Downsizers in UK unrealistic about what their money can buy, research suggests appeared first on PropertyWire . Continue reading

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European commercial real estate markets seeing strong momentum

European commercial real estate markets are generally continuing to display strong momentum, particularly on the investment side, according to a new report. However, feedback remains cautious across much of Asia and the Middle East reflecting challenging macro conditions, says the latest global commercial property analysis from the Royal Institution of Chartered Surveyors (RICS). Investment enquiries […] The post European commercial real estate markets seeing strong momentum appeared first on PropertyWire . Continue reading

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