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The French capital lands in the luxury hotels of Madrid.

The French family office Zaka Investments has just completed the purchase of a unique property at number 20 of the emblematic Madrid Gran Vía for more than 44 million euros. The asset, which until now hosted offices of the Government of the Community of Madrid, will be transformed into a luxury hotel operated by the […]

Oyo Rooms: Dh3.9bn Saudi tourism investment

The Indian company Oyo Rooms has communicated its interest in creating new job opportunities for young Saudis after making a commitment of 4 billion rials (Dh3.9bn) with the tourism sector of the kingdom of Saudi Arabia. Oyo, with the backing of Softbank, plans to buy 10 new hotels in the premium and luxury segments. After […]

The European investment group, Peakside Capital Advisors, launched a real estate fund for the German market using blockchain technology for the first time The fund is focused on assets between € 15 and € 75 million (USD 17- USD 85 million) and is the product of a partnership with the German technology platform Brickblock funds. […]

Dubai’s Nakheel awards $6.4mn contract for piling work at PALM360 on Palm Jumeirah

Developer Nakheel today awarded a contract worth more than $6.4mn contract for piling work at its iconic, 260 metre PALM360 luxury hotel and residential project on Dubai’s Palm Jumeirah. The company has named the Dubai branch of BAUER Spezialtiefbau GmbH, headquartered in Germany, for the work, which will take four months to complete. The milestone […]

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