Robots, Buildings and Investors: Corporate valuation for developers in the new era for real estate

How it’s always been Business valuation has always relied on the triangulation between three different methodologies: discounted cashflow (DCF), comparable analysis, and some form of dividend valuation approach. None of them are generally sympathetic to book values which may vary substantially from market reality. The first treats the company’s operations as a stream of future […]

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Dubai records 3% increase in tourists during H1 2019, at 8.36 million

India was the biggest source market during the period with 997,000 visitors Room inventory increased 6% to reach 118,345 at the end of June Average occupancy for the Dubai’s hotels stood at 76% Dubai welcomed 8.36 million international overnight visitors in the first six months of 2019, recording a 3% increase from the same period […]

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Dubai’s non-oil private sector records modest expansion in July

IHS Markit Dubai Economy Tracker Index records 55.2 in July versus 58.4 in June Employment numbers remained largely unchanged compared to June Expectations for business activity over the next 12 months were high at the start of H2 2019 Business activity in Dubai’s non-oil private sector expanded in July albeit at a slower pace, according […]

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Emaar Properties’ H1 2019 sales jump but profits decline

First half sales in 2019 at AED 9.4 billion, up 52% from a year ago Net profit during the period declines to AED 3.1 billion on higher costs Emaar Properties recorded sales for the first half of 2019 at AED 9.4 billion, up 52% from the same period in 2018, and one of the highest reported […]

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Cavendish Maxwell released 2019 Bahrain Property Market Report

Between 2010 and 2018, Bahrain’s GDP grew from BHD 9.7 billion to BHD 14.2 billion Rents and sale prices for apartments and villas declined in all four Governorates in 2018 Visitors to Bahrain in 2018 increased 6% over 2017 at 12.8 million   Cavendish Maxwell, a leading property consultancy and chartered surveying firm in the […]

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Methodologies for forecasting the UAE real estate market

The importance of forecasts Every well-planned real estate investment decision is underpinned by a series of market and site-specific forecasts. For a construction project, the most important are almost inevitably the projected sales price and schedule, and construction costs, whilst for an investment, it is future rents, eventual sales price, yields, and most probably, financial […]

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Aldar awards contracts worth AED 1 billion for Abu Dhabi projects

Alreeman contract of AED 794 million awarded to Tristar Engineering and Construction Reflection contract worth AED 220 million awarded to Fibrex Construction Aldar’s other projects progressing on Yas Island, Saadiyat island, Reem Island and Al Ghadeer Aldar Properties, Abu Dhabi’s largest listed developer, awarded contracts worth AED 1 billion for the development of its projects […]

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