UAE’s MAG Group’s portfolio in Real Estate projects reaches $11.9bn

Dubai-based multinational conglomerate MAG Group Holding witnessed a notable milestone in its business, as its portfolio of current and under development projects across its different real estate subsidiaries has hit AED 43.7 billion ($11.9 billion). The Group’s subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall and MAG Leasing for warehouses. In total, they represent

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Palm Jebel Ali one of Nakheel’s most visionary projects progresses

UAE-based leading master developer Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, has marked significant progress in the development of Palm Jebel Ali in 2024, with the ambitious project progressing at pace to meet 2025 milestones. The man-made island Palm Jebel Ali is part of the impressive Palm Islands project along with Palm Jumeirah and Deira

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CPI Property Group completes €980 million in sales so far this year

Leading European landlord CPI Property Group (CPIG) has published unaudited financial results for the three months ending 30 June 2024. Total assets have reached €21.2 billion and CPIPG’s property portfolio is equal to 18.6 billion (versus €19.5 billion at year-end 2023) reflecting disposals, a modest decline in valuations (-0.8%) and FX movements, partially offset by CapEx investments. “CPIPG’s consistent growth in rental

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