Real estate

May 25, 2016


TGM Consultants Expands its Caucasus Presence with New Leasing Appointment at Armenia’s Rossia Mall

The owners of the recently launched Rossia Mall in Armenia have appointed TGM Consultants as Leasing Agents to support their retail leasing function. Located in the country’s capital of Yerevan, the first phase of the development was officially opened in the presence of Armenia’s President in March of 2016.

TGM Consultants enjoys a strong portfolio of contacts"...

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May 24, 2016


Over fifty exhibitors at LOGIMMO 2016 in Oran

ORAN- More than fifty exhibitors will participate in the 39th International Housing and Real Estate Fair, LOGIMMO 2016, from 1 to 4 June at Mohamed-Benahmed Convention Centre in Oran (431-km west of Algiers), said Monday the event's organizers.

Initiated by the communication agency Proximity.Pr, the trade event will bring together professionals in the sector, including real-estate agencies, engineering firms and building companies, as well as specialists"...

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May 12, 2016


Tebboune: 350,000 housing units deficit against 3m in 1999

ALGIERS-The national housing deficit decreased from 3 million housing units in 1999 to 350,000 currently, Minister of Housing, Urban Planning and the City Abdelmadjid Tebboune affirmed Wednesday.

In 2014, the deficit reached 750,000 housing units, the minister told the national radio, stressing that the current 350.000 housing units deficit will remain practically the same for some years due to the demographic development in the country.


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May 9, 2016


Sajith Ansar joins Forbes’ Top Indian Leaders in the Arab World list 2016

Sajith Ansar, Founder and CEO of Idea Spice has debuted on Forbes “TOP 100 INDIAN LEADERS IN UAE” this year. The prestigious award was presented to Sajith at a glittering event held at Dubai’s Astoria Waldorf on Tuesday, 3rd May to commemorate Indian leaders who have been drive the business community within the region.


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May 5, 2016


Banning use of imported products encouraged revival of local production, says Tebboune

Minister of Housing, Urban Planning and the City Abdelmadjid Tebboune said Tuesday, in Algiers, that banning, in 2014, the use of imported construction materials in the public programmes contributed to the revival of the Local production in this emerging sector.

Thanks to the directive issued in 2014, the local production of building materials recorded an increase after"...

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May 1, 2016


UK crackdown on shell companies to affect Gulf property owners

A crackdown by the UK government on property ownership through shell companies could hit Arabian Gulf landlords.

The UK prime minister David Cameron is expected to announce plans to require all foreign companies purchasing UK property to provide details of their ownership in a publicly accessible register, according to UK media reports.


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