It may be hard to believe but this modern, five-bedroom mansion in the UK’s West Sussex countryside – with its own helipad, staff accommodation and 21-acre garden – is actually a luxurious prefab.

Designed by German manufacturer Huf Haus which is famous for building in the Bauhaus architectural tradition with large swaths of glass incorporated into its designs, the sellers claim that the mansion is also environmentally friendly"...

Prolonged conflicts in the Middle East have led to a deadly humanitarian crisis, with as many as 17.5 million people displaced in Syria, Iraq and Yemen.

In Syria alone, 11.5 million people have fled their homes—more than three people a minute—since the beginning of war in 2011. Five million have fled the country, and six million live in ad-hoc shelters across the country.

The"...

Gulf investors are no strangers to real estate. It is among the most popular investment categories in the GCC, along with stocks and precious metals, and what regional conglomerate does not own a sizeable property portfolio?

However, the traditional approach to owning bricks and mortar is changing. Gulf real estate markets have stagnated in the past few years, disrupted by economic uncertainty, investor caution and low liquidity.

While"...

Pay 10 per cent and move into a new home from Nakheel — Dubai master-developer is ramping up on the incentives to net buyers for properties at its Jumeirah Islands, Al Furjan and Warsan Village projects. And a buyer has two years to pay up the rest. Nakheel also confirmed that banks have come on board to offer up to 75 per cent of the property value. Prices start at Dh1.76 million for a three-bedroom town house in Warsan Village, while a four-bedroom unit in Jumeirah Islands is from Dh4.15 million. A three-bedroom unit in Al Furjan has a Dh2.99 million tag. One of Nakheel’s prestige communities, the homes at Jumeirah Islands spread over 3,630 square feet and comes with a private garden and parking for two cars. Close by is the newly-opened Jumeirah Islands Pavilion retail and dining hub. The town houses at Al Furjan extend between 3,242 and 5,500 square feet, while the gated......

Off-plan property sales in Dubai rose by 58 percent in the first five months of 2017 compared to same period last year, according to a report by Global Capital Partners-Reidin.

The data, based on the Dubai Land Department registered transactions, revealed 7,152 off-plan units were sold between January and May, compared to 4,521 units in the previous year.

The largest increase"...

Even ready properties in Dubai are getting right into the thick of sales action going by the numbers notched up in the first five months. If this interest in ready properties holds up even after summer, it will allay concerns in real estate circles that buyer demand is there only for off-plan units.

According to data from Reidin-GCP, 5,397 ready properties were sold in the first five months, a marked improvement on the volumes in 2016 (4,521 units"...

Chinese engineering company Norinco International has reportedly signed a contract with Jabal Bazian Co for General Trading [Jabal Jaber Bazian Company for General Trading] for the construction of a new cement plant in Iraq.

The $445-million contract covers the plant’s production line design, purchasing, construction management, operational work as well as administration buildings, dormitories and other facilities, and is to be completed within"...

Despite the announcement by the Dubai Land Department (DLD) that there has been an increase in the value of transactions by 45 per cent in the first quarter compared with the same period last year, the real estate sector’s recovery is still likely to be slow. A sluggish global economy, regional geopolitical turbulence and depressed oil prices will continue to affect real estate in Dubai and could result in an increase in the number of realty disputes as businesses put certain commitments on hold.

However,"...

The First Group has launched a dedicated F&B business that will introduce new and established restaurant brands to Dubai, some of which will be global firsts.

In a move that marks significant expansion for the Dubai-based property development firm, the new division will fill the gap in the market for affordable lifestyle-driven dining concepts, as demand in the midscale and upscale hospitality"...

Germany’s MAN Diesel & Turbo has delivered six MAN 18V32/40 engines, including gensets and mechanical equipment, to its customer CGGC-UN Power Co Ltd. (China Gezhouba Group Cooperation) in Samawah, Iraq.

CGGC is taking on the role of EPC contractor (engineering, procurement, construction) in the building of a 50 MW captive power plant for a cement factory, which will be operated by the Iraqi producer Kairat Al Abar Iraqi co. (KAAI). The"...