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In April 2020, Bayut's parent company and the Netherlands-based OLX Group announced the merger of their operations in the UAE, Egypt, Lebanon, Saudi Arabia, Kuwait, Qatar, Bahrain, Pakistan, and Oman, together with the OLX-owned Dubai-based classifieds website, Dubizzle. [3] [4]
In 2013, St Martins Property Group bought the 13 acre More London (London Bridge City) estate for around £1.7bn. [9] The site contains over 93,000 m 2 (1,000,000 sq ft) of office, retail, leisure and residential accommodation.
To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. [ 1 ] [ 2 ] In 2017, the housing gap in Punjab , one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047.
Pakistan ranks among the top five sources of migrant professionals in the UAE. [17] The United Arab Emirates is a major investment destination for Pakistan. Pakistanis are among the top ten investors in the UAE property market, ranking as the second largest nationality that bought most property in Dubai. [18]
Mall includes more than 630 international stores. Mall of Egypt: Opened in March 2017 with location in Sixth of October. [26] Mall of Oman: Located in Bousher on Muscat Expressway in Muscat; Mall of Saudi: in Riyadh, set to be completed by 2025–2026. [27] [28] [29] City Centre malls: City Centre Ajman: Opened in 1998 in Ajman, UAE.
The company also sells, rents out, or disposes off the real estate. [3] In 2016, TPL Properties changed its status from a private limited company to a public company and was listed on the Pakistan Stock Exchange, following an initial public offering at a strike price of PKR 12.50. [4] [5]
Falcon City of Wonders (FCW) is a Dubai-based real-estate project [1] was founded in 2005. [ 2 ] [ 3 ] The project include international-themed villas, spacious apartments, shopping malls, hotels, business offices, fine-dining restaurants, health clubs, spas, nurseries, schools and parks.
City Centre Me'aisem (Arabic: سیتي سنتر معیصم) is a shopping mall located in Dubai, United Arab Emirates, and it is the fourth mall owned by Majid Al Futtaim Properties operating in Dubai and the sixth mall operating in the United Arab Emirates.