Investable real estate universe in emerging markets to exceed USD 11 trillion by 2020

Investable real estate universe in emerging markets to exceed USD 11 trillion by 2020

REIDIN.com provides real estate intelligence across global emerging markets for real estate professionals

December 21, 2009

The investable real estate assets universe is expected to cross USD 11 trillion by 2020, with emerging markets, especially in the developing Asia and Middle East region remaining attractive due to stable economic fundamentals and foreign investment levels, according to CBRE Investors Data. Regional governments are also focusing on supporting the FDI environment by strengthening their financial systems and easing the regulations. Committed to supporting these markets through increased transparency, REIDIN.com, the world’s leading global online information services provider, delivers relevant and credible data and intelligence for the real estate sector throughout emerging markets, including Brazil, Russia, India, China, Turkey, Middle East & Africa and other potential-laden economies, which are on the watch list of investors.

REIDIN.com procures data from an extensive network of local information partners (media, agents and consultants) and private and public proprietary sources (statistics institutes, directories, maps, listing portals, government, land registry, valuations). The company also sources information from its exclusive database - REIDIN.com, which it links, cleanses, and stores for delivery to corporate clients, professionals and individual consumers.

“In less than a year, we have enlisted hundreds of corporate clients, with over 35,000 real estate professionals registered for the REIDIN.com weekly newsletter, which reflects excellent growth rates in our regional operations and truly validates the market’s need of reliable intelligence for companies to maximise returns and manage risk,” said Ahmet Kayhan, CEO, REIDIN.com. “We believe that in addition to the positive developments towards transparency in the property markets, the success we are witnessing is an offshoot of our dedication towards providing valuable real estate intelligence services to real estate professionals focused on emerging markets, which hold excellent potential and considerable risk for further growth. Our target is to spread information transparency across the entire developing world, and we are rapidly moving towards realising this goal.”

Relying on resources available in low cost emerging markets to keep its operating overhead at extremely low levels, REIDIN.com has built a strong network of information partners (including municipalities and government entities), some of which are exclusive, to maximize information value for its users. The company specialises in helping real estate professionals increase their productivity by providing essential tools and services for accessing the right business intelligence on time. REIDIN.com offers four feature-packed products, including ‘RETAILFocus’, ‘DUBAIFocus’, ‘INDEXFocus’ and the core research platform ‘REBIS’ (Real Estate Business Intelligence Service), which provides comparative analysis at a country and city level, market price data analysis, macroeconomic trends, deals & transactions, customised news and research feeds, company profiles, projects & malls, laws & legislations, capital markets, conferences & events.

“As part of our efforts to expand the reach and scope of our offerings, we are partnering with industry leaders such as Bloomberg, which gives us a powerful co-branded partner and distribution channel for existing products, as well as future enhancements and new releases. Our roster of local and international clients, including names such as CBRE, Jones Lang LaSalle, Cushman & Wakefield, Colliers, Macquarie Bank, Deutsche Bank, Credit Suisse and CapitaLand speaks volumes about our capabilities, which we hope to leverage to secure more important relationships in the future,” concluded Kayhan.

About REIDIN.com

REIDIN.com is the world's first online information company providing a range of intelligence products dedicated to meeting the unique requirements of real estate market professionals interested in emerging markets. REIDIN.com services are used by investors, fund managers, developers, consultants, researchers, valuation experts, construction and project managers, occupiers, as well as many others who are interested in monitoring and understanding the market trends and business challenges relevant to them in real estate markets.

REIDIN.com provides hard to find proprietary business news, analysis, research, data and intelligence with online tools and services that enable real estate professionals to enhance their understanding of emerging markets such as United Arab Emirates, China, India, Vietnam, Singapore, Malaysia, Russia, Saudi Arabia, Kuwait, Turkey, Poland, Bulgaria, Romania, Hungary, Brazil, Argentina and more.

Moreover, to cater to the specific demands of Dubai’s booming property market, REIDIN.com has teamed up with the Dubai Land Department to establish DUBAIFocus, the first exclusive online information product tracking real estate deals and transactions in Dubai. DUBAIFocus – which has data from the year 1973 - provides daily information on all types of land, villa and flat deals (sales, mortgage, lease, grant, inheritance, etc.) in Dubai.

Value of mortgages in Dubai top AED 8 billion during second quarter 2009, reports REIDIN.com

Value of mortgages in Dubai top AED 8 billion during second quarter 2009, reports REIDIN.com

Mortgage values post AED 1 billion growth versus first quarter numbers

August 24, 2009

The value of mortgages issued in Dubai topped AED 8 billion during the second quarter 2009 compared to AED 7 billion in the previous quarter, according to DUBAIFocus, a product by REIDIN.com in partnership with RERA & Dubai Land Department. REIDIN.com is the world’s first online information company focusing on real estate markets in the emerging countries. While the market is in a critical correction phase, where there is growing need for regulation and transparency within the industry - governments are taking steps to encourage stabilisation in terms of property prices and investor confidence and thus open up growth opportunities for the mortgage industry.

Statistics from ‘DUBAIFocus’ revealed that 39 banks registered 1,365 mortgages in Dubai during the second quarter of 2009. Abu Dhabi Commercial Bank (ADCB) extended mortgages worth AED 1.86 billion, from the 91 transactions it undertook within the 3-month period. This was followed by Dubai Islamic Bank (DIB), which has registered close to AED 1.83 billion from its 151 transactions, while the National Bank of Dubai (NBD) financed over AED 1.07 billion in mortgage loans in a total of 80 transactions finalised in the previous quarter.

”At present, the UAE is witnessing a downward correction in loan-to-value ratios as the market dynamics continue to shift, thereby making the Dubai property market more accommodating to buyers and end-users,” said Ahmet Kayhan, CEO, REIDIN.com. “With more banks offering competitive lending ratio especially during this economic downturn, it is no surprise that Dubai’s mortgage market has amounted to such staggering value despite the slowdown. The information from ‘DUBAIFocus’ establishes a positive trend for the mortgage market, among other data that can provide valuable insights to guide users in making informed decisions.”

‘DUBAIFocus’ is the most detailed and up-to-date information source on real estate investment deals for the Dubai market based on a comprehensive database going back to 1973. It also incorporates time-saving functions such as heat maps, graphing facilities and customised chart and analysis tools. In addition to ‘DUBAIFocus’, REIDIN.com also offers products including ‘INDEXFocus’, ‘RETAILFocus’ and ‘REBIS’ (Real Estate Business Information Service). The data and information used in REBIS, which are collected from various different sources - including newspapers, newswires, magazines, research houses, financial institutions, real estate agents, legal firms, municipalities, government institutions, and consultants - are structured by REIDIN.com research and data management team into intelligence and disseminated via its website and email newsletters.

“Our product portfolio is the result of our commitment to delivering accurate and up-to-date industry information on the local and regional real estate markets, to give industry players a precise overview of the current situation and therefore help them make the right decision. To date, we have launched four products, which address the specific needs of our customers. We are working towards further developing and implementing various new features in all our products, in line with our aims to help customers through accurate and relevant industry data,” concluded Kayhan.

Retail and commercial developments account for 12 per cent of total projects in UAE, says REIDIN.com

Retail and commercial developments account for 12 per cent of total projects in UAE, says REIDIN.com

107 retail developments currently operate within the country, reveals latest ‘RETAILFocus’ report

July 08, 2009

Retail and commercial developments account for approximately 12 per cent of the total number of projects in the UAE, according to reports from Projects Database, a tool that tracks over 16,000 real estate projects across 60 emerging countries. Part of ‘RETAILFocus’, a product of REIDIN.com that delivers an updated database of malls, shopping centres, tenants, projects and retail real estate deals along with retail real estate news and research reports, the report also revealed that the UAE is home to 107 retail facilities including shopping centres, multi-use commercial facilities and regional mall chains. ‘RETAILFocus’ is a product of REIDIN.com, the world’s first and leading global online information services provider.

‘RETAILFocus’ features extensive and interlinked databases of shopping centres, which reveal that UAE-based retail facilities are made up of regional centres and malls (61.11 per cent), shopping centres (25.93 per cent) and multi-use centres (10.19 per cent). Dispersed mostly across Dubai, Abu Dhabi, Sharjah and Ajman, some of the regional centres and malls include ‘The Dubai Mall’, ‘Marina Mall’, ‘Wafi Mall’, ‘Mega Mall’, and ‘Al Wahda Mall’. The shopping centres include ‘, ‘Sharjah City Centre’, ‘Twin Towers Shopping Centres’, ‘Madinat Zayed Shopping Centre’, and ‘Sahara Centre’; while leading multi-use centres include ‘Mall of the Emirates’, ‘Souk Madinat Jumeirah’, ‘Dragon Mart’, ‘Emirates Towers Boulevard’, ‘Al Khaleej Centre’ and ‘Al Bustan Centre & Residence’.

“The presence of a significant number of retail complexes in the UAE is indicative of its thriving economy especially prior to the onset of the financial crisis. While the country recovers from the effects of the global downturn, these developments continue to attract foreign and domestic tourists and encourage cash flow within the retail sector,” said Ahmet Kayhan, CEO, REIDIN.com. “Our aim is to provide investors, developers, buyers and real estate professionals with a solid foundation upon which they can base their important business decisions, by offering accurate data on retail and commercial developments in the UAE.”

With aims to further enhance the services it provides through ‘RETAILFocus’, REIDIN.com has incorporated new features within the online tool, which will expand the users’ access to more valuable market information. This includes ‘Retail Market Price Data’, which tracks the sales and rental prices across retail sector on a monthly basis; ‘Map Search’ and ‘Proximity Report’, which allow users to find shopping centres more easily and also conduct competitor and location analysis; and ‘Deals’, which tracks relevant retail property deals and links to the malls’ profiles to simplify the monitoring of the development. In addition, ‘Mall Images’ provides an up-to-date photo gallery of listed developments, while ‘Mall Press Release’ keeps the user informed about changes and developments directly from the owners.

“Our growing portfolio of products dedicated to the real estate sector underlines our commitment to the advancement of this industry by way of encouraging transparency across the market and making accurate and relevant information easily available to decision makers. We are continuously investing in developing new products and expanding the coverage of our current offerings, as we anticipate a new era in real estate amidst the positive developments resulting from the current correction phase,” concluded Kayhan.

The fourth property and real estate related product by REIDIN.com, ‘RETAILFocus’ offers valuable market data such as retailer profiles, Gross Leasable Area (GLA), footfall statistics, price data, news, research, upcoming retail projects, owners, developers, and property manager profiles. Other products within REIDIN.com’s portfolio are ‘DUBAIFocus’, an online analytical tool on real estate deals and transactions in Dubai; ‘INDEXFocus’, a tool that enables users to establish house price differentials, conduct property valuations and perform multiple simultaneous market analyses. It also offers ‘REBIS’, a one-stop shop real estate information portal that covers market price data series, news, research, projects, deals and company profiles, legal, and macroeconomic data series fully archived and searchable powered by customisation, analytical and charting tools, in emerging markets.