When the Wynn Marjan opens in the emirate of Ras Al-Khaimah, it will be the first casino in the United Arab Emirates. The resort will be built on Dream Island, …
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Knight Frank – Riyadh office occupancy levels hit 98%
Riyadh | 14th November 2022: Unprecedented demand for prime office space in Riyadh has taken Grade A office occupancy levels to 98%, according to the latest analysis by global real estate consultancy, …
FIFA World Cup Qatar in the Metaverse
The world’s largest city-building and property-trading metaverse platform, Upland, has expanded its metaverse to the Ethereum blockchain. As a result, the FIFA-focused metaverse is quite likely to emerge on Ethereum, …
Rent checks will disappear. JPMorgan Chase is betting.
Bank testing automated payments for small landlords According to CNBC, the world’s largest bank is launching a platform for multifamily owners that automates billing and accepts online rent payments. However, the great majority of renters in …
Is commercial real estate set to see another shock?
In case it does, Bloomberg reported that well-known lenders for commercial real estate, particularly offices, are looking at selling their loans in low-demand areas like New York. Among them are …
Property market reaction to the Bank of England hiking the base rate to 3%
The Bank of England (BoE) said the UK faces the longest recession in 100 years after raising interest rates to 3% in the highest single increase since 1989. The Bank …