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Real Estate & Construction

Property, infrastructure, engineering and materials

Industry News
Source: EnterpriseAM

Dubai Warehouse Tenants Prioritise Renewals as Regional Conflict Drives Cautious Leasing

Dubai warehouse tenants are opting to renew existing leases rather than commit to new spaces amid regional geopolitical uncertainty. Data from Cavendish Maxwell shows warehouse lease renewals surged 21.6% to a record high in the first half of 2026, while new lease contracts dropped 51.8% year-on-year. Despite the cautious sentiment, average rents in Dubai increased 12.4% over the same period.

China–UAE News
Source: Arabian Business

Dubai Economy Chief Presents Post-Disruption Recovery to Chinese Investors in Shenzhen

Dubai’s population and spending have exceeded pre-crisis levels as the emirate recovers from regional disruption, according to Dubai Economic Development Corporation CEO Hadi Badri. Speaking at the Dubai Business Forum – China in Shenzhen on October 14, 2026, Badri highlighted population growth, domestic activity, and international capital inflows as key growth drivers. He outlined the city's broader economic resilience and business opportunities under the Dubai Economic Agenda D33 to Chinese enterprises.

China–UAE News
Source: TradingView

BI Group UAE Signs MoU With China’s CITIC for Three Dubai Projects

BI Group UAE has signed a memorandum of understanding with CITIC Middle East Contracting, a UAE subsidiary of China's CITIC Construction Co. The agreement outlines CITIC's proposed role as main contractor for three real estate projects in Dubai's Meydan Horizon. CITIC will participate in early-stage design, planning, value engineering, and site coordination.

China–UAE News
Source: Gulf Construction

BI Group Partners with CITIC Contracting for Dubai Meydan Horizon Projects

Kazakhstan-headquartered developer BI Group has entered into an agreement with CITIC Middle East Contracting, the UAE subsidiary of China's CITIC Construction Co. The partnership establishes a framework for CITIC's proposed appointment as main contractor for three upcoming real estate projects in Dubai's Meydan Horizon. CITIC will also provide early-stage design support, value engineering, and construction coordination.

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