Cushman & Wakefield Core and David Short represented Cherokee Federal secure their Abu Dhabi Headquarters located in Capital Tower and undertook an extensive market search on behalf of the tenant with specialized office requirements. Capital Tower was an excellent fit for the tenant providing Grade A fitted office space located close to the Embassies District with good parking provisions. The deal saw Cherokee Federal relocate and upgrade its office premises and commit to a 5-year lease on competitive leasing terms. #BetterNeverSettles #CushWakeCore #CWC
Cushman & Wakefield Core’s Post
More Relevant Posts
-
“🏘️ Dubai’s Real Estate: A New Chapter Unfolds! 📚 After a period of growth, property prices are finding their equilibrium. From record-breaking sales to accelerated construction, the market’s pulse is intriguing. Discover the latest in Dubai’s real estate journey. Emaar DAMAC Properties AlDar Properties EagleHill Management Group.LLC JLL CBRE Knight Frank #mydubai #dubairealestate #dubaiproperties #dubaiproperty #realestatenews #realestategoals #realestatetips #DubaiPropertyUpdate #MarketShift #PropertyPrices #RealEstateInsights #RealEstateEvolution #PropertyPrices #MarketUpdate
To view or add a comment, sign in
-
Three things Friday: 1) ALDAR has entered the UK property game, acquiring the ‘awesome’ developer London Square for just over a billion dirhams, says Jonathan Emery (explaining enthusiastically, below). The pair will look at inner-London and higher-end developments, with preferential access for Aldar’s existing customers. 2) LEED-certified offices can command up to a third more rent in the UAE, according to CBRE MENA. But finding one? “Tricky but not impossible,” says Taimur Khan – occupancy for sustainable offices is around 96% in both AUD and DXB. The pipeline for green desk space is limited, Taimur says; some occupiers are retrofitting rented offices themselves. 3) And UAE petrol prices have fallen this month on lower oil prices. Super and special are down by just under 2.5%, diesel more than 6.5%, which will help offset issues like housing when it comes to inflation, says Khatija Haque of Emirates NBD.
To view or add a comment, sign in
-
Senior Project Management Professional | Facilities Management and Services | Mega-Events Professional | Fit-out Specialist
In recent years, Baku has witnessed notable progress in its property management system. However, a common, centralized approach is still lacking, with developers often undertaking both construction and ongoing facility management. This decentralized model poses challenges, as individual houses lack proper control systems, adversely affecting homeowners, housing stock, and even the state's revenue stream due to utility payments going directly to private developer companies.Drawing inspiration from the successful model in the UAE, particularly in Dubai, where developers transfer property management rights to specialized facilities management companies post-sale, offers valuable insights. Such companies in Dubai excel in maintaining housing stock efficiently, ensuring a harmonious living environment.Encouragingly, Baku shows positive dynamics with the emergence of Pasha Property Management. This entity consolidates properties constructed by Pasha Construction and its subsidiaries, setting a positive example for other developers. The potential replication of such models could pave the way for organized property management companies, addressing the current challenges and contributing to the overall improvement of Baku's real estate landscape. As Baku navigates these changes, adopting proven strategies from international counterparts, especially Dubai, may play a pivotal role in shaping a more robust and efficient property management system, benefiting homeowners, developers, and the broader community. #urbandevelopment #urbanplanning #urbanism #propertydevelopment #propertymanagement #propertymaintenance #facilitymanagement #facilitiesmanagement #facilityservices #facilitymanagers #dubaibusiness
To view or add a comment, sign in
-
As part of the investment plan, 18 construction projects will be awarded, leading to the expansion of the company’s portfolio within the booming waterfront development segment. Dubai’s Samana Developers announced a major investment in the city’s real estate sector, on Monday. The company is set to invest AED12.5bn (AED3.4bn) in several new residential projects in Dubai this year. As part of the investment plan, 18 construction projects will be awarded, leading to the expansion of the company’s portfolio within the booming waterfront development segment. With this move, Samana Developers is set to elevate its positioning among the top five developers in Dubai, previously standing in the top 10 in 2023. Want to know more details? Contact us now at +971(0)43518133 / +971(0)562054400 to book your interest and know more. #capellaproperties #realestate #realtor #realestateagent #realestategoals #milliondollarlisting #gamechanger #propertysearch #dubairealestate #dubaiproperties #dubailuxury #dubairesidences #dubai #dubairealestatebroker #propertyinvestment #investmentopportunity #news #newsfeed #newsalert
To view or add a comment, sign in
-
Great insights
Explore the latest trends & developments in the Saudi Arabia real estate market right now: https://cbre.co/3wV15Ti “We do also expect that there might be some bifurcation in performance within the residential sector, with new quality assets likely to register record rates.”- Taimur Khan, Head of Research – MENA at CBRE. #CBREMENA #realestateinsights #saudirealestate
To view or add a comment, sign in
-
Dubai's real estate landscape offers exciting opportunities, particularly within the off-plan market. However, while initial discounts on these properties can be tempting, a cautious and informed approach is crucial. Typically, established developers price their projects competitively from the start. Significant early-stage discounts might warrant a closer look at the project's specifics and the developer's reputation. #DubaiOffPlan #RealEstateInvestment #DueDiligence
To view or add a comment, sign in
-
The global financial market is facing a slump in commercial real estate, with major cities like New York and London experiencing high vacancy rates. However, Dubai and Abu Dhabi are defying the trend and experiencing a boom, fueled by an influx of hedge funds attracted by government reforms and investment opportunities. This surge in demand has led to ambitious expansion plans, including the construction of new office towers in Dubai and a whole new island dedicated to finance in Abu Dhabi. The focus is on high-quality, sustainable office space, with LEED-certified buildings commanding higher occupancy and rent. 📧 Info@369capitalv.com 📲 +971-547527369 369Capitalventures.com #369CapitalVentures #Dubai #RealEstate
To view or add a comment, sign in
-
From today’s Emaar openning of the valley, around 300 units in total, the amount of people over there was huge Emaar was collecting Eoi’s EOI: in Real estate means Expression of Interest, expression of interest is a stage where as the sentence itself says, proceed with your interest in buying a unit in a certain project Where people pay a down payment for a project usually it can be a 20% from the amount of total project & sometimes 10% depends upon the project & it’s laws When paying 20% it’s where you will be owning the project in your name, at this period there will be a further step which is called Spa which means (Sales & Purchase Agreement) Now in Emaar, due to the high demand on it’s units, these 300 units may be sold out in the same day, while collecting only Eoi’s Due to many reasons, i can mention some of them is that Emaar usually builds full communities not only a tower or two, second it has a capital appreciation, capital appreciation means within the years, it’s proven in all projects of Emaar is that the price if not double, you will be at least making tripple, due to good management of their properties & high quality of the products it uses when building any community So no matter what you invest in, it comes back to you even before the project is sold out or handed over to you & this is how people do $ in Dubai while you’re sorry to say; still sleeping 😴 Will be posting further information about how to invest your $ in real estate to make you aware of how things go in it, to find your perfect investment If you’ve read all of this comment with Read to know that you’ve read the short article
To view or add a comment, sign in
-
Despite a 3% drop in trading in Q1 2024 in comparison to the corresponding period in the previous year, the real estate sector in Bahrain continued to grow, driven by government support, increased demand, and rising investor confidence. While the residential sector declined slightly, the retail, industrial, and office sectors remained stable, with minor rental drops in the office sector. To find out what might impact capital values, why overall rental values declined in the residential sector, and which sector was the main driver of demand in the industrial market, read the full detailed report here: http://savi.li/6043YiwP9 If you wish to stay updated on the latest reports and market studies, click the following link to subscribe to the newsletter: http://savi.li/6044YiwPi Harry Goodson-Wickes FRICS | Hashim Kadhem MRICS | Minal Mehta MRICS | CLADIA ANNA JOSE #SavillsMiddleEast #Bahrain #Residential #Office #Retail
To view or add a comment, sign in
-
Founder & Managing Director at Artha Realty - helping investors find value-driven Dubai properties to grow their investments.
Right after the financial crash of 2008 I became the head of commercial for leasing for Emaar. I was tasked with leasing two new buildings opposite Burj Khalifa Boulevard Plaza One and Boulevard Plaza Two. They were two of Emaar's latest projects. For anyone around here in 2010 they can tell that the commercial market was SLOW. As a solution to this challenge, I came up with a-rent-to-own scheme. These schemes are pretty common in Dubai now and they're typically used only for residential projects. But at the time, it was a fairly new idea for the local market especially for commercial. We rented at about AED 100 per sq. ft. and the selling price was locked in at AED 2000 per sq. ft. - The idea went down really well. - We leased out the project faster than expected. - When the market improved by 2012, the selling price started to exceed 2000 per sq. ft. - Everyone who was locked in at the rent-to-buy scheme at AED 2000 per sq. ft. started converting and made purchases. - By 2013, both the towers were full and flourishing. - Today they are two of the most iconic structures in Downtown Dubai with prices in excess of AED 5000 per sq ft. The key takeaway? Don't let crises clip your wings (or imagination). Sometimes, creative solutions come to you when you're in duress.
To view or add a comment, sign in
38,081 followers
Operations Manager, Cushman & Wakefield Core
3wAmazing!!!