Largest Listed Saudi Real Estate Developer Launches International Business from Dubai
Dec12

Largest Listed Saudi Real Estate Developer Launches International Business from Dubai

DUBAI, UAE and FLORENCE, Italy, December 12, 2017 Dar Al Arkan, the largest listed real estate developer in the Kingdom of Saudi Arabia, announced today its plans to expand to global markets, selecting Dubai as the launchpad for its international business, with an AED 800 million development on the Dubai Water Canal in the Business Bay area. The company has partnered with luxury brand, Roberto Cavalli, to design the interiors of the...

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Scott Durkin Named President of Douglas Elliman Real Estate
Dec05

Scott Durkin Named President of Douglas Elliman Real Estate

NEW YORK, December 4, 2017 Douglas Elliman, the fourth largest residential real estate brokerage company in the United States, announced today that it has promoted its chief operating officer, Scott Durkin, to president and chief operating officer. Mr. Durkin joined Douglas Elliman in 2015 as executive vice president of acquisitions and growth. He was promoted to chief operating officer in October 2017. With his new title, Mr. Durkin...

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Aon to acquire real estate investment advisor Townsend Group
Dec03

Aon to acquire real estate investment advisor Townsend Group

Aon, the leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced it has entered into a definitive agreement to acquire The Townsend Group, majority owned by Colony NorthStar, Inc., a leading global real estate and investment management firm. Townsend is a leading provider of global investment management and advisory services primarily focused on real estate. This...

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Investcorp Announces Completion of First European Real Estate Portfolio
Dec01

Investcorp Announces Completion of First European Real Estate Portfolio

Investcorp, a leading global provider and manager of alternative investment products, today announces the completion of its first European real estate portfolio following the acquisition of seven additional assets. The completion of the firm’s debut European portfolio – its UK Industrial and Logistics portfolio – is the first step in the firm’s ambition to build on its success in the US, where it is one of the...

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