Real estate giant REMAX has announced a major expansion of its global network with the sale of master franchise rights in Libya and a new office opening in Azerbaijan. The Tripoli-based Libyan operation is led by experienced owners Zyead and Alhareth Ghattour. In Baku, entrepreneur İdris Cengiz has launched a 2,000 square foot facility to serve a growing market. These moves increase the brand's presence to more than 120 countries and territories.
Malaysia’s property market is experiencing a renaissance, fuelled by affordable housing initiatives, infrastructure growth, foreign investment incentives and a strong shift towards green, transit-oriented developments.
Riyadh has cemented its place at the heart of Saudi Arabia’s thriving commercial property market, with prime office rents soaring by 23% over the past year, according to fresh research from a leading property consultancy. By the end of March, rents for high-end office spaces in the capital had climbed to SAR 2,700 per square metre — the highest rate recorded to date — fuelled by government initiatives such as the regional headquarters programme.
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