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In a landmark move, Saudi Arabia has opened its real estate market to foreign buyers, including UK citizens, marking a significant shift in the Kingdom’s approach to international investment. This step is part of Vision 2030, the ambitious plan to diversify the economy and attract global capital. UK nationals, along with other foreign investors, can now […]
Mercedes-Benz has announced a new large-scale property development in Dubai in partnership with leading Emirati developer Binghatti, marking the second collaboration between the two brands. The project, titled Mercedes-Benz Places | Binghatti City, will be located in the Meydan district and is being described as a “city within a city”. Covering around nine million square feet, […]
Interview Pakistan to develop first-ever tourist map to promote tourism, attract local, foreign tourists say’s Zulfi Bukhari, special assistant to Prime Minister Imran Khan. Here he tells our Editor in Chief Natasha Syed how he is realising Prime Minister Khan’s vision for a 21st-century Pakistan with an impressive strategy for encouraging Pakistanis from around the world […]
Up to 380,000 landlords looking to let go of property A significant number of homes suitable for first time buyers could flood the market in the coming year as new figures* show approximately 380,000 landlords (19 per cent) intend to offload property. The figures indicate that 45 per cent of landlords who intend to sell […]
With an extension of the rules bringing a wider range of houses in multiple occupation (HMO) into the mandatory licensing regime coming into effect on 1 October, landlords have just one week to apply for a licence. This licensing requirement applies to all properties that meet the following criteria: is occupied by five or more […]
The FCA (Financial Conduct Authority) is consulting on new rules that aim to better protect investors in funds that hold illiquid assets. The proposed new measures come more than two years after the run on commercial property funds that took place following the vote to leave the EU. Following the vote in July 2016, access […]
