Construction & Real Estate

Cavendish Maxwell names new capital markets head

Leading real estate expert Cavendish Maxwell has appointed David McCormack as the new director of capital markets. An industry veteran with nearly 25 years of real estate experience, including 18 in UAE, McCormack brings extensive expertise in investment transactions, asset repositioning and strategic real estate advisory. ...

Construction & Real Estate

Binghatti-backed investment fund delivers 194pc net return

Binghatti Capital Limited, an investment management firm in Dubai, has announced that one of its key funds has achieved a net internal rate of return (IRR) of 194% and a net multiple on invested capital (MOIC) of 2.3x for external limited partners. ...

Construction & Real Estate

Smart city technologies can unlock new asset class: JLL

Global smart cities, including Riyadh, can unlock billions of dollars in economic value by treating their technology initiatives as a serious, high-performing investment class, rather than an experimental innovation spend, says a new report from JLL. ...