A new report from JLL, one of the largest professional services firm specialising in real estate, has revealed that people seeking to finance a new hotel project in Africa will be much more successful if their hotel is part of a mixed-use development.
The development of cinemas, along with cultural and artistic centres, will drive steady growth in Jeddah's entertainment and cultural sectors, offering developers opportunities to invest into new, diversified sectors, according to JLL's Q2 2018 Jeddah Real Estate Market report.
Dubai has retained its position as the MENA region's most transparent real estate market with a range of new government initiatives and an increasingly dynamic proptech industry pushing the Emirate up in the global rankings.
John Fekete has been appointed head, consulting services, Middle East and Africa operations at JLL, a leading global real estate investment and advisory firm.
The next decade is expected to witness a major growth in private debt as an alternative to commercial bank lending in the Middle East, with diversified capital sources boosting real estate market development.
JLL, a real estate and investment management specialist and Fortune 500 firm, has placed Dubai among the world's top destinations for real estate market foreign direct investment (FDI).
Dubai ranked among the top 30 global cities according to JLL’s annual Global Cities Ranking, Global300 survey focused on evaluating 300 cities that are centred on commercial real estate activity.
According to Jones Lang LaSalle's (JLL) UAE Real Estate Market Overview for 2016, there was a general softening in the UAE real estate sector as a result of lower oil prices.
The International Monetary Fund’s USD12 billion credit facility could pave the way for Egypt’s future economic growth, particularly in real estate,
Saudi Arabia's hotel market is experiencing a slowdown in business, according to Jones Lang LaSalle (JLL)'s report . As Jamil Ghaznawi, country head, Saudi Arabia, JLL, explained, reduced corporate demand and government spending,