AGP Executive Report
Last update: 4 hours agoUAE Projects: DECA unveiled its Lorévia residential brand, a waterfront development in Al Zorah and plans for AED3 billion in projects over six months. MERED also launched a second phase on Abu Dhabi’s Al Reem Island, with 389 apartments and villas. Dubai Rentals: The market rebounded in the third quarter, with rental activity valued at AED141 billion. Kenya Market: Nairobi’s established suburbs rose 2.3% in the third quarter, while satellite-town prices fell 0.6%, highlighting diverging fortunes for buyers and investors. Spanish Homes: Golf resorts on the Costa del Sol are drawing British buyers seeking ready-to-move-in homes for holidays, retirement and investment. UK Mortgages: The Bank of England raised its rate to 4%, increasing pressure on tracker borrowers and those refinancing; another rise remains possible if inflation persists.
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