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Real estate investing info

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Real Estate and Mortgage News Feeds

Emaar Misr launches Armani villas
Emaar Properties Egyptian subsidiary, Emaar Misr, has announced the launch of the Armani Residences in Marassi, the developer's $1.74bn master-planned community. Personally designed by fashion icon Giorgio Armani, the villas will be located on Egypt's Sidi Abdel Rahman Bay. [AMEInfo.com]

Belhasa wins contract for Dubai Lagoon
Schon Properties, developers of the Dhs3bn Dubai Lagoon Development, has signed a Dhs1.171bn contract with Belhasa Engineering and Contracting Company to handle the construction of zones 3 and 6 of the exclusive mixed-use project. Site work is scheduled to begin in October 2008, with a projected completion date between the end of 2010 and beginning of 2011. BECC's remit will include all civil, architectural, construction and MEP works as well as air conditioning and service facilities, for a total of 17 buildings.
[AMEInfo.com]

Deyaar unveils new corporate identity
Dubai-based property developer Deyaar, whose former chief executive Jack Shahin is under investigation for wrongdoing, has unveiled its new corporate identity, reflecting the company's strategic shift from single-tower projects to larger communities in master-planned developments. The introduction of a new corporate identity is in line with the company's vision as it seeks to enhance its status as the leading complete one-stop real estate solutions provider based in Dubai.
[AMEInfo.com]

New Dhs4bn real estate firm
Nobles Investments, a newly established Dhs4bn ($1.09bn) real estate development company, has started operations in Dubai. The company will focus on the real estate markets in the UAE and the Middle East, and is fully committed to launching several high-end projects by the end of the year, according to a press statement.
[AMEInfo.com]

Damac rebrands itself
Damac Properties has unveiled its new corporate identity with the theme, 'wish fulfilment'. The company said the rebranding is aimed at increasing the private sector master developer's positioning as a luxury lifestyle provider to include a focus on the benefits of luxury and to differentiate it from its competitors. [AMEInfo.com]