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Saudi-based First Avenue for Real Estate Development has signed a contract addendum with Asas Makeen for a residential project in Al Hada District, bringing the total project value to SAR86 million. The townhouse development will be delivered on a turnkey basis within an integrated urban setting, with execution progressing on schedule.
28/04/2026
Major U.S. home builders including D.R. Horton and Lennar are facing mounting claims over poor construction quality as homeowners report structural defects and substandard materials. At the same time, mortgage lenders are increasingly turning to higher-risk alternative loans to stimulate activity in the stagnant housing market, highlighting growing pressure across the U.S. real estate sector.
A renovated 18th-century estate on Switzerland’s Lake Zug now features a custom-built chef’s kitchen designed to combine Michelin-level functionality with timeless historic charm. Created by British design firm Artichoke, the space blends professional-grade performance with the warmth and elegance of a Victorian-inspired family home.
Kuwait’s real estate market recorded a 15% rise in transactions during the second week of May, driven by strong activity in the residential sector despite a decline in overall transaction values. Residential demand continued to support market activity, while commercial real estate saw a sharp slowdown amid higher financing costs and cautious investor sentiment.
