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Salik Moves To New Eco-Friendly Office

Salik Company P.J.S.C., the Emirate of Dubai’s exclusive toll gate operator, has relocated to a new eco-friendly office at Festival Tower, underscoring its

DIFC Living Sells Out At Record Pace

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has announced that

Danube Home Unveils ‘Garden’ Collection

Danube Home, the home improvement and furniture retailer, announces the launch of its highly anticipated ‘Garden’ collection. The grand unveiling of the ‘My

American Firm Launches AI Agent Maya

The Eklund | Gomes Team at Douglas Elliman has taken AI adoption to the next level with the launch of Maya, an AI real estate expert. Maya utilises property

UK Residents Open To Decarbonisation Tax

Two-thirds (66%) of UK respondents would support a New York-inspired ‘brown tax’ to help decarbonise commercial buildings exceeding set emission limits,

Avenue Living Passes $5 Billion In Assets

With its latest acquisitions, Canadian asset management firm has surpassed $5 billion in assets under management, with continued growth on the horizon.

Qbiq Secures $10 million In Seed

qbiq, a visualisation platform using GenAI for real estate space planning, has announced that it has raised $10 million in seed from strategic investors including

Cop28 To Host Climate Action Summit

For the first time, a formal local climate action summit will be held at the Cop28 climate change conference this year in Dubai. Hosted by the Cop28 Presidency

Silkhaus Appoints Founding GM For KSA

UAE based proptech start-up Silkhaus, dedicated to revolutionising short-term rentals across Asia, has announced the appointment of Sabine El Najjar as the

PGIM Strikes Deals in Australia, China

Global asset manager PGIM Real Estate has increased its exposure to rental residential in Asia Pacific and Australia. In China, the firm has entered a

KAFD Development To Get A Smart City Platform

Orange Business has signed a deal with the King Abdullah Financial District Development & Management Company (KAFD DMC) in Saudi Arabia to design, build and run a smart city

Munjz Partners With Six Industry Giants

Munjz, the Saudi-based proptech cloud platform, has announced its strategic partnerships with six regional industry giants. The signings took place at the Cityscape Global Exhibition

FoxyAI Comes Out With GPT Model

FoxyAI, a proptech leader in real estate visualisation and property intelligence, has launched FoxyAI-GPT (https://foxyai.com/foxyai-gpt/), a highly

Proptech Start-up Lists On Nasdaq

Singapore property start-up Simpple listed on the Nasdaq exchange in the United States recently as part of ambitious global expansion plans. Founder and

Amantra FM, AtmosAir Join Hands

Amantra FM, a Dubai-based niche facilities management company, has announced a partnership with the US-headquartered AtmosAir, a global leader in

Wates To Decarbonise Van Fleet

Building and property maintenance company, Wates, has accelerated plans to decarbonise its commercial van fleet with a major investment to replace 45 small

Eurovent To Launch Leadership Academy

Eurovent Middle East, the region’s HVACR industry association, is set to launch a leadership academy and provide certified training to MEP engineers and

Proptech Crib’s Client Base Crosses 1000

Indian proptech start-up Crib said it is providing tech solutions to more than 1,000 individuals or entities that provide rental accommodation to students and

Aldar Estates Acquires FAB Properties

Aldar Estates, the region’s largest integrated property and facilities management company, has added further scale to its business with the acquisition of FAB

Michael Moore Joins Currie & Brown

Leading provider of cost management, project management and advisory services Currie & Brown has recruited Michael Moore to join their growing team in

NMDC Awards Contracts To Turner Arabia

Saudi-based New Murabba Development Company (NMDC) has awarded Turner Arabia, a leading construction management consultancy, with a significant

David Glennon Joins The Team Of Mace

Mace, the global construction and consultancy firm, has announced the appointment of David Glennon as the new Group Head of Digital Engineering.  David

Flexible Payment Plan Launched In Egypt

Madinet Masr, one of Egypt’s leading urban community developers, has unveiled its latest innovative concept, Touba, a transformative solution that redefines

Proptech Listing Loop Secures $2.1 Million

Melbourne-based proptech Listing Loop has closed the first tranche of its Series A, securing $2.1 million. Co-founder and CEO Rhett Dallwitz said the start-up

Dubai Municipality Launches New Portal

Dubai Municipality has launched a new online portal that provides property owners easy access to their land and property data, including construction licences

David Kaleta Joins The Team Of Emrill

UAE-based facilities management (FM) services provider, Emrill, has appointed David Kaleta as the head of technical. Kaleta will develop and implement

Luxury Presence Unveils Presence Copilot

Luxury Presence, a leading proptech start-up that provides growth marketing solutions to more than 9,000 agents, teams and brokerages, recently unveiled

London Expands Ultra Low Emission Zone

London has expanded the ultra low emission zone (Ulez) city-wide to cut air pollution across the UK capital. Mayor Sadiq Khan said expanding Ulez was a

Plunk and Xome Join Forces

Plunk, the world's first AI-powered analytics platform for residential real estate, has partnered with Xome, a robust online real estate marketplace, to offer

Munjz Witnesses Remarkable Growth

Munjz, the Saudi-based, proptech cloud platform designed to cater to KSA property owners and developers, has set a new precedent within the property

Kamma Raises £3.6 Million To Expand Data

UK-based Kamma, a property data firm that powers climate change solutions, has raised £3.6 million to expand its data engine for commercial and residential

Yarn Cloud Committed To Vision 2030

Reiterating its commitment to Saudi Arabia’s Vision 2030, Yarn Cloud, a Saudi-based pioneer in property management solutions, has said the company’s

HITEK Launches ‘Snagging Module’

HITEK – a leading UAE-based provider of smart facilities management (FM) solutions, which is part of Farnek group of companies – has added a new

Emrill Enhances Command Centre with VR

Leading UAE-based total facilities management (FM) service provider Emrill has enhanced its command centre with virtual reality (VR) technology capabilities

UK Council Launches Solar Car Port

Northumberland County Council in the north of England has unveiled a solar car port array, which will help provide clean energy to the council’s headquarters

Realtair Steps Into New Zealand

Australian proptech company Realtair has kicked off the start of its international expansion programme, moving into New Zealand. According to Realtair Chief

Sook To Partner With Mall Of Africa

Sook, the proptech innovator reinventing how retail space is used, announced its partnership with Mall of Africa (MoA), a premier retail destination in South

UTOVILLE Launches SAAS-based Platform

Philippines-based proptech company UTOVILLE has officially launched its SaaS-based ‘Property Management Platform’, a complete solution catering to premium residences in the

Saudi Arabia’s PIF Establishes FMTECH

Saudi Arabia’s Public Investment Fund (PIF) recently announced the establishment of the Saudi Facility Management Company (FMTECH) to offer a comprehensive range of services,k

Berlin Start-up Dao Raises €1.5 million

Berlin-based proptech start-up dao has raised €1.5 million in pre-seed funding. Involved in the round are investors Julian Teicke of wefox, Patrick Henning of

Aldar Properties Appoints Faisal Falaknaz

Aldar Properties has appointed Faisal Falaknaz as Group Chief Financial and Sustainability Officer (GCFSO), further strengthening the Emirati representation

Boston Eliminates Use Of Fossil Fuels

The City of Boston has signed an executive order (EO) eliminating use of fossil fuels in new construction and major renovations of city buildings. The functions

WELL Spreads Its Wings Across Middle East

The Middle East region is leading the charge in driving growth and adoption of the WELL Building Standard (WELL) globally with a 24-fold increase in WELL

Seoul To Become A Robot-Friendly City

The Seoul Metropolitan Government (SMG) has set out its plans to become a “robot-friendly” city. Announcing the Seoul Comprehensive Robotics Industry

Riyadh To Build Centre For AI

In a bid to accelerate the growth of advanced technologies like artificial intelligence, Saudi Arabia’s Prime Minister and Crown Prince Mohammed bin Salman

Minneapolis Comes Up With A Climate Plan

Minneapolis City Council has approved the city’s Climate Equity Plan, which aims to further the city’s health and sustainability goals and reach carbon neutrality

Indian Proptech Altre Raises $1 Million

Proptech start-up Altre has raised $1million in a pre series A round to grow technology, capability and teams across the country. Altre is a B2B fulfilment

Proptech Firm Lamudi Lays Off Employees

Lamudi, an online real estate classifieds platform, has laid off staff in Indonesia to “maximise growth and improve business efficiency.” It did not specify the

Aramco VC Invests In AI Firm Tenderd

Saudi Aramco’s venture capital arm has invested in Tenderd, a UAE-based firm backed by Peter Thiel, which uses AI-generated insights to monitor

Mitie Gets New Contract From Phoenix

Mitie has been awarded a new contract worth £62 million by pensions and savings firm Phoenix Group to carry out integrated facilities management

Morgan Sindall to Decarbonise Homes

Morgan Sindall Property Services has been chosen by social housing provider Longhurst Group to uprate the energy efficiency of hundreds of homes

Housing.com Ties Up With FinBox

Housing.com, India’s leading proptech platform, has collaborated with credit infrastructure provider FinBox to introduce a new service that allows customers to

LONGi to Invest in Green Hydrogen in Egypt

The Egyptian Ministry of Electricity and Renewable Energy has revealed that LONGi, the Chinese supplier of solar photovoltaic (PV) solutions, is keen to boost its

Scotland Invests £20 million in Net Zero

A funding scheme has been launched in Scotland to offer up to £20 million in grants to help local authorities, universities, and arm’s-length external

Ripple Labs to Tokenize Real Estate  

The idea of tokenizing real estate assets has long been a dream for many blockchain projects. And now, thanks to a Hong Kong Central Bank Digital Currency

Anarock’s ASTRA Receives Patent Status

Anarock, a residential real estate services group, has announced that ASTRA, the firm’s proprietary AI-driven sales acceleration tool for real estate

Mplus Appoints Sales Manager

Property maintenance services provider mplus has appointed Marie Moulds as sales manager to enable further business expansion in Dubai and Abu Dhabi. In

Start-up Raises Funds from Ex-Meta CD

Real estate startup OfficeBanao, which raised $6million from Lightspeed in April this year, has once again raised funds from three angel investors, including

First Fire at Dubai’s WtE Facility

BESIX and Hitachi Zosen Inova (HZI) announced a significant milestone in the Dubai Waste-to-Energy (DWE) project with the successful ignition of the first fire

Japan’s Tallest Skyscraper Completed

Japan's tallest skyscraper, towering at a height of 330 metres, was completed at the heart of Tokyo, Mori Building Co said, beating the previous title holder

SAGA Achieves Gold Ranking

SAGA International Owner Association Management Services (SAGA), a Provis subsidiary, has been given the prestigious Gold Ranking as an owners’

Aldar Joins Hands with IHC and ADNEC

Leading property and facilities management company Eltizam Asset Management Group, jointly owned by IHC and ADNEC Group, will merge with Abu Dhabi-

iMaker Group’s Palace Nears Completion

Architecture, interior design, and landscaping firm iMaker Group is nearing the completion of an opulent palace for a VIP client located in Hittin, Riyadh,

AI-driven Facilio Expands in Australia

Facilio, an AI-driven SaaS property operations platform provider with a global customer base, announced its expansion into the ANZ region in response

Home Prices in China on a Low

As per the latest date from China Index Academy, prices of new homes in China came down in June. This is the second consecutive month of decline in the

Cyprus Start-up Raises €1.1 Million

A proptech start-up in Cyprus called buildbuild, which develops software for managing construction projects and increasing their marginality in the SMB sector,

UK Company Launches Cleaning Tech Base

A cleaning tech base by leading facilities management firm Mitie was officially opened recently by Andy Street, Mayor of the West Midlands. The site,

Seattle Start-up Raises $20 Million

A Seattle-based start-up named Picket Homes has raised $20 million to boost the development of its platform that helps investors analyse, purchase and

Habitas to open many properties in KSA

Habitas, the hotel and events company, which was born from the camps of the Burning Man Festival in Nevada, USA; is all set to expand exponentially across

Texas Firm Uses ChatGPT to Sell Homes

ChatGPT has taken the world by storm and many real estate agents are making the best use of the software. As per reports, agents in some broker companies

Dubais Most Expensive House for Sale

A mansion in Emirates Hills is for sale for Dh750 million ($204 million) thereby making it the most expensive property in Dubai and one of the most expensive in

Aldar Acquires Basatin Landscaping

Through this transaction, which is valued at Dhs150m, Aldar will hold a majority stake of 75 per cent in Basatin with the remaining 25 per cent held by a

Farnek Employees Get a ‘Buddy’

UAE-based smart and green facilities management (FM) company Farnek, has launched its latest in-house innovation, a mobile app with smart AI Chatbot

BEEAH signs JDA with Atkins

BEEAH Group, the sustainability pioneer and digital expert in the Middle East and North Africa (MENA) region, has signed a Joint Development Agreement

India's Homesfy Forays into Dubai

Mumbai-based Homesfy Realty Ltd., India’s first listed real estate tech-enabled brokerage firm, has expanded to Dubai. In the fourth quarter, Homesfy’s

Winners Take It All

The IRECMS concluded with a Gala Awards Ceremony which honoured and recognised the amazing work of those who manage UAE’s built environment.

Provis Acquires Saga Owner's Association

Leading full-service real estate company Provis has announced the acquisition of 'SAGA International Owner Association Management Services LLC' (SAGA),

Silkhaus Raises $7.75m Seed Round

Homegrown UAE startup Silkhaus has secured $7.75m in seed funding, backed by top global venture capitalists and entrepreneurs

Emrill surpasses 30 million safe man-hours

Leading UAE-based facilities management services provider, Emrill, has reached another major milestone in its ongoing strategy and efforts to prioritise the health

European Investor M7 Expands Into Middle East

M7 Real Estate (M7) has opened its first office in the Middle East to capitalise on the continued strong demand for high-quality European real estate from investors in the region.

AG Facilities Solutions Signs on MRI Software

MRI Software announced that AG Facilities Solutions (AGFS) has selected its arm MRI Evolution, a fully scalable Facilities Management system, to drive the ongoing digital

Phixe Launches ‘pay As You Go‘ Fm Solution

Phixe Solutions Technical Services, a subsidiary of Emirates Facilities Management, has launched Bluefinch, a ‘pay as you go‘ facility management solution that allows property

Brookfield Hunts For Buyouts

Brookfield Asset Management Inc. has more than $110 billion to invest and is eagerly eyeing deal opportunities, including buyouts of mispriced public companies.

Aldar Acquires Spark Security Services

Aldar Properties PJSC (‘œAlda’) announced that it is scaling up its property and integrated facilities management platform through the full acquisition of Spark Security

CBRE Acquires E2C Technology

CBRE Group, Inc. announced the acquisition of E2C Technology, an Artificial Intelligence/ Machine Learning (AI/ML) data-driven technology company that will enhance and further differentiate

KAFD to Host IRECMS Masterclass

King Abdullah Financial District (KAFD), the region‘ s prime destination for business and a cosmopolitan lifestyle

KAFD signs agreement with MAEE

In a recent ceremony, King Abdullah Financial District signed a cooperation agreement with MAEE, the National Water Efficiency and Conservation Centre

Concordia Appoints New General Manager

Concordia, a trusted name in Facility Management across Dubai, has announced the appointment of Michael Nicholas as the new General Manager.

HITEK Signs Deal With TAD

Leading UAE-based IT smart Facilities Management (FM) solutions company HITEK Services, which is part of the Farnek group of companies, has signed a two-year contract with major, tier one Sudanese total FM company, TAD.

Khidmah & FRC Strengthen Partnership

Khidmah, one of the region’s leading facilities management and maintenance companies, reaffirmed its partnership with the Future Rehabilitation Centre (FRC) by

DMCC Uptown Tower Completes Façade Works

The worldDMCC Uptown Tower Completes Façade Workss flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced that the façade of Uptown Tower has been

Houza Raises $5.5 Million Pre-Series A Round

Dubai’s property portal, houza, raised $5.5 million in a pre-Series A round from UAE’s top real estate agencies. Co-founded in 2020, by CEO Barry Judge, houza.com

Egypt's Prime Developments Contracts with EFS

Prime Developments signed a management and operation agreement contract with EFS Facilities Services Misr — a subsidiary of EFS International specialised in integrated

Imdaad Expands Into Egypt

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, has officially established a new joint venture with LMD, Egypt’s

Veolia To Sell Suez‘s Uk Waste Business

Veolia has offered to sell the Suez business in the UK to assuage the Competition and Markets Authority‘s (CMA) concerns that the merger of the waste management firms

Atalian Servest acquires Incentive FM

Atalian Servest has acquired Incentive FM Group in a move designed to “expand the FM firm’s core service offering, reinforcing sectors of focus, and adding further scale and experience”.

What to expect at the new Expo City Dubai

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai announced the opening of Expo City Dubai, this

Amana to manage Wadi Al Sail Mall

Amana Property Management (Amana), a premier property management consultancy, has signed an agreement with the Bahrain Defence Force (BDF) Military Consumer & Economics Association to take over the management

SJP Properties Inks Lease with Siemens

SJP Properties has inked a deal with industrial technology company Siemens for 65,500 square feet of office space within the amenity-rich campus. In addition to a variety of on-site lifestyle amenities and a suite of hospitality-

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