News tagged "Savills"

Savills signs prominent JV with Egyptian company Sphere

Savills signs prominent JV with Egyptian company Sphere

15th March 2019

According to *MENA Herald news report, global real estate advisor, Savills announced the signing of a prominent joint venture with Egyptian company Sphere, to cover the full range of real estate services in Egypt. The new partnership, which will trade as Savills, will combine local knowledge with international best practice. As a result of this partnership, Savills has established a new team in Egypt which will grow from three to around 30 people in the next few months.[..]

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Growth in Saudi Arabia's hotel sector fuelled by increasing demand from tourists

Growth in Saudi Arabia's hotel sector fuelled by increasing demand from tourists

28th January 2019

According to *MENA Herald news report, Savills, the Middle East’s leading real estate services provider, predicts continued growth in the hotel sector across the Kingdom of Saudi Arabia, fuelled by increasing demand from tourists. The newly released ‘Saudi Arabia Hotel Sector Report’ indicates that with a 13% increase in number of hotel rooms during 2017 and an extra 48,000 being constructed, Saudi Arabia is dramatically increasing its hotel offering, including notable interest from international hotel groups.[..]

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