Videos uploaded by user “Knight Frank Middle East”
Dubai Evolution from 1960 to 2021 Time-lapse
Visual Effects time-lapse film showing Dubai evolution over 58 years and 5 years of expected projects completion by 2021. Dubai’s transformation and development as a city over the last decade is certainly unmatched on a regional basis. According to Knight Frank Middle East Hub Report 2018, Dubai’s status as a global hub will continue to strengthen given its extensive connectivity, strong economic prospects, low tax system and safe haven status which are all underpinned by world-class amenities and infrastructure. The Hub Report 2018 clearly ranks UAE 1st in the region in “Ease of Doing Business” Read the full report: https://bit.ly/2IQOQJN About Knight Frank Middle East From our strategically positioned offices in Abu Dhabi and Dubai, Knight Frank provides integrated residential and commercial real estate transaction, consultancy and management services across the United Arab Emirates, the Middle East and globally. Representing one of the largest and most reputable valuation practices in the United Arab Emirates, our team of experts provide comprehensive commercial real estate valuation services across the United Arab Emirates and the wider Middle East region Knight Frank’s four distinctive components comprise our global network, our independence, and our commercial and residential platforms. These set us apart from the competition. Together with our US alliance partners, Newmark Grubb Knight Frank we have grown to a group of over 15,000 property professionals, in more than 418 offices in 60 countries. Being a partnership allows us to put our clients first, we focus on giving them the best advice and putting long-term relationships ahead of short-term wins. Trust and integrity are everything. The combination of our people, research and technology have helped us grow our enviable track record and that is why clients come back to us for their property solution. Our services include: ♦ Valuation ♦ Commercial Leasing ♦ Hospitality ♦ Capital Markets ♦ Industrial and Logistics ♦ Development Consultancy & Research ♦ Property Asset Management ♦ Project Monitoring ♦ Retail ♦ UAE Residential Sales ♦ International Residential Sales ♦ Project Marketing: MENA
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Why should I invest in UK Commercial Real Estate?
UK Commercial real estate continues to provide attractive returns to investors compared to other sectors over the longer term The UK has a well-established and globally recognised real estate market that is open to international investors. It has a growing and diverse Economy with a robust legal system. The UK benefits from long leases that can be linked to inflation or have fixed uplifts, providing investors with potential income growth. Lastly and the key point is Diversification! Real Estate provides investors with exposure to an asset class beyond equities and bonds. It spreads the risk of their portfolio internationally across a range of markets, currencies and sectors.
From desert to metropolis – Knight Frank Hub Report 2015
The inaugural edition of ‘The Hub report’ - From desert to metropolis. Looking at how Dubai has evolved to become a luxury lifestyle destination with the growth of the logistics, tourism, financial and residential sectors. Only a few decades after the oil has been discovered, Dubai has undergone a remarkable transformation; turning from a pearl-diving city into a dynamic metropolis. Dubai government focused on attracting investors and tourists to reduce the dependency to petrodollars. Investments in tourism infrastructure have paid off handsomely over the years. The success in making the city on of the top touristic destinations in the middle east made the government pour resources into the real estate market and infrastructure. within 20 years, Dubai was able to multiply the number of her visitors by 20 times which is considered a record. Here are the major projects that turned Dubai from a desert into a metropolis 1960 – Dubai Airport 1960 – Jumeirah 1960 – Al Quoz 1960 – Oil first discovered in Dubai at the offshore Fateh field 1971 – Declaration is signed on December 2nd to establish the United Arab Emirates 1983 – Initial phase of 66 berths at Jebel Ali is completed Jebel Ali Free Zone Authority is established, with 300 companies operating here by the following year (1986) 1985 – Emirates Airlines 1990 – A total of 450, 000 tourists visit Dubai 1994 – 1 million visitors 1995-1997 – Dubai Investment Park 1995-1997 – Dubai Airport Free zone 1995-1997 – Jumeirah Beach Hotel 1995-1997 – Dubai Airport Terminal 2 1999 – Burj Al Arab 2000 – Dubai Airport Terminal 1 2000 – Emirates Towers 2000 – Dubai internet City 2000 – Dubai Media City 2000 – 3.4 million visitors 2001 – The Palm Jumeirah – Construction Started 2002-2004 - Dubai International Financial Centre 2004 - Palm Jebel Ali 2004 – Technopark 2004 – Emirates Hills 2004 – Business Bay 2004 – Dubai Industrial City 2004 – Jumeirah Island 2004 – The World Islands 2004 – Dubai Silicon Oasis 2005 – 2007 Mall of the Emirates 2005 – 2007 Dubai Festival City 2006 – The Real Estate Law is published confirming freehold ownership by non GCC nationals 2008 – Atlantis | The Palm 2008 – 2010 The Walk | Jumeirah Beach Residence 2008 – Dubai Mall 2008 – Fly Dubai is founded 2008 – Dubai Airport Terminal 3 2009 – Dubai metro 2008 – 2010 Jumeirah Golf Estates 2009 – Burj Khalifa 2010 – Al Maktoum Airport 2010 – Emaar Square 2010 – Al Barari 2008 -2010 Jumeirah Lakes Tower 2010 – 10 Million Visitors 2013 – Infinity (Cayan) Tower 2013 – Dubai Awarded the Expo 2020 event 2014 – Q1, Dubai International Airport overtakes London Heathrow as world’s busiest airport 2015 – Dubai Design District Read More Download the Knight Frank Hub Report 2015 Here : www.knightfrank.ae/the-hub-report
The Evolution of Riyadh | مراحل تطور مدينة الرياض
Riyadh is undergoing major changes to meet the Kingdom’s Vision 2030 objectives. These significant changes have had an impact on locals socially and physically in the changing landscape of the city. See how the city of Riyadh has evolved over the past 80 years: First oil well opens Murabba Palace First University Established King Saud University Public Investment Fund established Riyadh Water Tower King Faisal Specialised Hospital Diplomatic Quarter National Guard Hospital Terminals 1 to 4 open - King Khalid International Airport King Fahd International Stadium The Ministry of Interior Sahara Mall Prince Sultan University Riyadh city Population: 3.6 million Faisaliah Tower Kingdom Tower Four Seasons Hotel GDP SAR329 billion Granada Center Mandatory health insurance launched King Abdullah Financial District Riyadh city population: 5 million Panorama mall The Ritz Carlton Riyadh TAQEEM (Saudi Authority for Accredited Valuers) founded Tamkeen Tower The first office park in Saudi Arabia Business Gate Kempinski Burj Rafal Burj Rafal Alraidah Digital City Riyadh city population: 6.2 million Olaya Towers GDP SAR542 billion King Salman ascends to the throne The Council of Economic & Development Affairs founded 100% foreign ownership investment allowed KAPSARC (King Abdullah Petroleum Studies and Research Centre) First REIT listed on the Saudi Stock Exchange (Tadawul) Terminal 5 opens King Khaled International Airport National Transformation Plan and Saudi Vision 2030 announced His Royal Highness Prince Mohamed bin Salman appointed as crown prince Riyadh Park Mall Real Estate General Authority founded The General Authority for Statistics launches Saudi Real Estate Index Indicator Al Rajhi Bank Tower King Salman lays foundation stone for Al Qiddiya Entertainment City Saudi Stock Exchange (Tadawul) joins MSCI Emerging Market Index Women allowed to drive and first cinema opens King Abdullah Financial District Riyadh Metro
The effects of the Chinese BRI on UAE Investment
Belt and Road initiative | Knight Frank Middle East | Taimur Khan The Belt and Road Initiative was launched by China in 2013 with an aim to revive the great Silk Road as well as provide a new platform for multilateral cooperation to create new trade routes, economic links and business networks. It covers 69 countries and encompassing around 60% of the world’s population and 40% of global GDP. The Belt and Road Initiative (BRI) is expected to deploy 900 billion US Dollars in investment. Knight Frank report “New Frontiers” analysis of the UAE’s prospects as a result of the initiative giving the UAE ease to do business as a strategic location. It has become a focal point for Chinese capital within the region. Over 4200 firms have set up base within the UAE to serve not only Gulf Countries (GCC) but also African countries as well. The partnership between these two countries has existed since 1984. But more recently, the focal point of this investment has been Dubai. China is Dubai’s largest non-owed partner. We have seen an increase in trade, an increase in tourism and real estate investment. In the year to Q1, 2017, Chinese tourists visiting Dubai increased by 60% making the 4th largest nationality to visit Dubai. The Chinese also consistently ranks among the top 10 most active real estate investors within Dubai. The UAE ranks third in terms of market invest potential out of these 67 countries. The ties between China and the UAE are expected to grow in the coming years as Dubai strengthens its position as a global hub for Travel, Trade and investment ahead of Expo 2020. To read the full report, http://www.knightfrank.com/blog/tag/new-frontiers-2018 For more information, please contact: Taimur Khan | Senior Analyst, Research Email: [email protected] Call: +971 4 426 7660
Dubai Silicon Oasis | Silicon Park | Knight Frank Middle East
Spanning an area of 150,000 square metres, "Silicon Park" is set to become the first smart city project to take shape at Dubai Silicon Oasis. The "Silicon Park" project has been designed to comply with the Dubai Government’s strategic direction on smart cities that focus on six pillars: life, society, mobility, economy, governance and environment. Energy and Sustainability The project is compliant with the UAE Green Building Regulations and Specifications, as well as the international LEED standard, and seeks to enhance environmental sustainability. The project will be built with ‘green’ building material and control mechanisms as well as solar panels and double-glazed windows to reduce heat absorption... Lifestyle As a smart community, “Silicon Park” will feature intelligent solutions from charging-docks for smart devices on the street to smart pop-up furniture and digital play tables, as well as optimally-designed bus shelters, piazzas shading, and other public amenities. As part of the ‘smart’ experience, free Wi-Fi will be available to tenants and visitors in the premises, giving them access to a wide range of innovative applications and smart robotic technology solutions. Sporting Activities The project will feature facilities that enhance the concept of modern, healthy living. It will feature facilities such as health and fitness centres, running and cycling trails, allowing residents the choice of enjoying various sporting activities and prioritizing their health to lead a more holistic lifestyle. Business Offering The "Silicon Park" project will comprise a spectrum of office spaces and modern business facilities including meeting halls, a multi-use conference centre, residential units and spaces for retail outlets. The facility will also include interactive advertising billboards mounted on the building’s glass facade with the use of smart glass technology that protects the transparency of the glass and allows a completely clear view from within and without the structure. Smart applications in the public services sector for license issue and renewal will be also implemented.
The Royal Atlantis Is Rising | January 2019
The construction of the project is well underway, with completion forecasted for Q4 2019. The overall development site is the equivalent to 20 football pitches, with over 2,000 piles forming the foundations of the development.
Investing in the UK? invest in Birmingham | Knight Frank Middle East
Birmingham, the UK's second largest city, is one of the fastest growing cities in Europe with a population over 1.1 million and ranks as one of the most popular places in which to invest. Birmingham has also been ranked as having the highest quality of life of any English city outside the Capital. It's 8000 acres parkland and open spaces, which makes it one of the greenest conurbations in the country. For more details, contact Knight Frank Middle East. Visit www.knightfrank.ae or call +971 4 4512 000
London Development | Is London Development Plan Out of Control?
Is London development plan out of control? London: A forest of cranes 259 schemes under construction 64% of them are residential. Now let's remove the 72 commercial schemes - 12 million sq ft But 42% of them are pre-let Now, let's remove the 7 million sq ft speculative Spread over the next three years That's only 50% of what's needed Average take-up of new and refurbished space The answer: Not enough new space to meet demand. For more information, please visit Knight Frank Middle East Website: www.knightfrank.ae
The Royal Atlantis Is Rising | Knight Frank Middle East
The construction of the project is well underway, with completion forecasted for Q4 2019. The overall development site is the equivalent to 20 football pitches, with over 2,000 piles forming the foundations of the development.
Ben Woodhams – Knight Frank Kenya highlights the potentials of investing in Africa.
In collaboration with DMCC (Dubai Multi Commodities City) brings you an exclusive interview with Ben Woodhams | Managing Director – Knight Frank Kenya regarding “Africa’s potential Investments and Future Prospects Seminar.” The Kenyan property market, what makes it attractive to Middle Eastern investors? Africa is a huge continent. How do gulf investors decide which countries offer the best opportunities? Which countries would you say are most attractive for investment on the continent? Did the results of the Kenyan political elections bring greater confidence and stability to the country’s position as an investment destination? Do you want to know more about Africa’s investment potential? Contact Knight Frank.
The importance of Valuations – quality and professionalism
Global markets rely on valuation data for many reasons, such as supporting investment and M&A activity, underpinning financial reporting and to determine the capital adequacy of financial institutions. Reliable valuations are crucial, they help de-risk markets and foster financial stability. How do you we ensure confidence in valuation data? The IVSC is the global standard setter, collaborating with valuation providers, end users, regulators and professional bodies in more than 100 countries, to set consistent and transparent valuation standards and develop the global valuation profession. Business and markets are global. Standard governing valuation practice differ around the world, with valuation quality and professionalism varying, and therefore reducing transparency, creating uncertainty and adding risk. The IVSC is working to overcome these challenges. Supporting business; building trust in valuation and protecting the public interest. Knight Frank supports the International Valuation Standards For more information on how Knight Frank in the Middle East can help you with your valuation requirements, please contact either: [email protected], [email protected], or call +971 4 451 2000.
An Inspiring Home | Interior Design Services | Tara Welsh | Knight Frank Interiors
INTRODUCING KNIGHT FRANK Interior Services Knight Frank Interior Services is a world class interior design service by the world’s largest independent property consultancy. Established 110 years ago and renowned for delivering consistent professional advice, Knight Frank is best equipped to advise you on the optimum way to present your property for sale or let by applying our residential market expertise. We can provide: Furniture packages for landlords and investors Showhomes for residential developments Property marketing services for sales and lettings Tailored interior design Tenancy rental packages
What is the current sentiment for global investors? | Lord Andrew Hay | Global Head of Residential
The global perspective on wealth has a background of political intervention and uncertainty, but there is a greater velocity of wealth moving around the world looking for markets in which to invest. The Dubai City Series report informs not only the Knight Frank business but most importantly our clients, where to invest and within which asset classes, not only for the now but also for the next 10 years. The start of The Wealth Report over 10 years ago came about because no one was really looking at property within the wealth context, and the evolution of the City series has allowed us to take a deeper dive into cities such as Dubai For further information on the Dubai market contact: [email protected] Or visit www.KnightFrank.ae
Property development in Africa
A conversation with… Key observations from global real estate advisors – Africa real estate sector “Property development in Africa” Judy Rugasira: Managing Director – Knight Frank, Uganda We discuss the strength and impact of the Knight Frank brand across Africa (with special focus on the Kenyan and Ugandan markets) for commercial assets and valuation services. Stephen Makau: Director – Valuation & Advisory, Knight Frank, Kenya Reliable Valuations are crucial, as they help de-risk markets and foster financial stability. And Knight Frank is the first global real estate firm to join IVSC, playing an active role in the development of international best practice and demonstrating industry leadership and commitment to support our clients globally. Peter Welborn; Africa Chairman – Knight Frank, Africa Working extensively throughout Africa, Peter Welborn, Chairman of Africa, he looks at the evolution of the African continent and responds to what the macro driving forces are behind property development in Africa, and which are the economies he would recommend that have a positive outlook.
Bloomberg Middle East |Taimur Khan
As a regular guest on Bloomberg's Day Break show and following the release of Knight Frank's signature Capital Markets research Active Capital 2018, Taimur Khan was invited to discuss the report's findings. Taimur discussed the state of play in the commercial and residential markets within the Middle East as well as investment appetite from the region to Europe, the UK and US. Where are the opportunities for investors in the Dubai real estate market, is it the mainstream markets or rather the high-end luxury markets? And what are the trends in capital flows into the UAE Find out more with Taimur Khan, Senior Analyst at Knight Frank Middle East
Dubai Schools Supply 1971 - 2017
Time-lapse video showing the evolution of Dubai schools from 1971 to 2017 Video description: Using data published by KHDA, Knight Frank has constructed a video to show the concentration of schools across Dubai by five key curricula: American, Indian, International Baccalaureate, Ministry of Education and UK. Starting from 4 schools in 1971 to 194 in 2017, with more in the pipeline for 2019. UK curriculum schools are the most prominent in Dubai, in terms of the number of students (34%) and thea number of schools (39%). Global standardised curriculum and examination system eases transferability between schools and countries – a factor that is appealing to the expatriate community. It caters to almost the entire socio-economic spectrum of society, with tuition fees ranging from a few thousand Dirhams annually to schools in excess of AED 90,000 per annum. UK branded schools aim to provide students with similar educational experiences in terms of quality. The American curriculum schools have a market share of almost 18% for both the number of students and schools. In the last three academic years, student numbers were almost constant, which has resulted in a gradual decline in market share from 22% in academic year 2009/10 to 18% in 2016/17. The majority of the schools have received a DSIB rating of “acceptable” and “good” with only one school maintaining an “outstanding” rating. In academic year 2018/19, two schools will be introduced to the system, increasing the number of schools to 36. Indian curriculum schools have maintained 30% of the student population. In terms of the number of students per school, Indian schools are usually twice the size of American or UK curriculum schools. Indian curriculum schools not only serve the Indian community but also cater to the population of the subcontinent. Factors that draw parents are: Standardised curriculum and examination system / Competitive tuition fees - making it appealing to a wider population base / High focus on core subjects Indian branded schools aim to provide students with similar education experiences in terms of quality. In the academic year 2018/19, two schools are to be introduced to the system, which will increase the number of schools to 36. The International Baccalaureate is the fastest growing curricula within Dubai’s education space. It has witnessed a growth rate of 21.9% CAGR since academic year 2009/10, which led to market share increasing from 2% in academic year 2009/10 to 6% by 2016/2017. Factors that draw parents to the system are: Standardised examination system that is internationally recognised / It is considered as a system that will instil attributes of independent learning in children / Certain US colleges provide credits to students who have sat through their IB examinations Designed to cater for UAE nationals’ requirements, the number of private Ministry of Education curriculum schools has declined from 15 in 2009/2010 to 11 in 2016/17, resulting in the number of students also declining, albeit marginally. As time progresses, these schools are faced with increased competition as a result of improving standards in public sector schools and also options available to parents to enrol their children in schools offering western curricula. http://bit.ly/2JGP1bl
Reasons Why You Need To Have Year-End Property Valuations?  | Knight Frank Middle East
Why should you get a year-end valuation? *It's the Law: If you are a listed company in the UAE, KSA, Kuwait or any other GCC country, you have an obligation to report to shareholders each year. Property is an important asset class and typically held on your balance sheet. An independent valuation of your property assets is required to be included in your financial statements at the end of the year. *Consistency: Knight Frank Middle East value year-to-year for companies. What companies don't want to see is a big variation in the values in their balance sheet. It can impact the profitability of the company, have serious impacts on the balance sheet, so it's all about consistency; consistency of the approach and consistency in the way we actually value a client's assets. 3* Audit & Regulations: It is important. Auditors like transparency, they like consistency and they want an independent, international, respected valuer to provide an independent view of property assets that are held on the balance sheet. So, it's about what the auditors need, and it's also about the way a company reports its figures globally, Does it comply within certain accounting standards, we need to value within those accounting standards. For further information, please contact: [email protected]
Abu Dhabi's Masdar City Reveals Exciting Eco-Development
Masdar City is a sustainably designed, low-carbon mixed-used development located 17 kilometres southeast of Abu Dhabi and next to the city’s international airport. A growing education hub, Masdar City is home to Masdar Institute for Science and Technology, a research-based graduate university, offices of multinational firms including GE, Schneider Electric and Mitsubishi Heavy Industries; and over 130 start-up businesses. Growing in incremental stages, future plans for the City include residential complexes, a hotel and the headquarters of the International Renewable Energy Agency.
Yas Island | Abu Dhabi | A New Perspective On How Life Can Be Lived
The United Arab Emirates, Abu Dhabi, Yas Island Yas Island…Among top Global Destinations. With a vision to attract 48 million visitors by 2022 New development emerging…Located in the South of Yas Island 14 Million Sqft AED 12 Billion investment. 14000 visitors per day. 3 distinct areas… Yas Bay, Media Zone and residences at Yas Bay Yas Bay, Vibrant Waterfront Destination, a dynamic Pier… with many recreational possibilities. A Waterfront promenade… with a variety of shops, cafes and restaurants. Over 50 F&B Outlets, 20 retail outlets, 2 hotels, 900 keys, a Beach club. Yas Arena… an epic centre of energy and entertainment. Multi-Purpose Arena…18000 capacity. Media Zone… The new home of twofour54 A vibrant hub for content creation 10.000 working professionals| Opening up opportunities for creative collaboration A destination that will advance the media industry’s growth Residences at Yas Bay offering a new perspective on living Home to more than 15.000 Residents 35 Residential Buildings 20 Parks Delivering unique investment opportunities
Gasholders | King’s Cross is the largest mixed use development in central London
A landmark building beside Regent’s Canal as envisioned by two time Stirling prize winners Wilkinson Eyre Architects. The distinctive apartments and penthouses will be built within a refurbished triplet of Grade II-listed, cast-iron gasholder guide frames in the heart of King’s Cross. Completed and ready for immediate occupation.
Saudi Arabia REITs | Bloomberg | Raya Majdalani | Knight Frank Middle East
REITs are bread and butter in the UK and the European market but it's revolutionary for the TADAWUL but how explosive has the growth been After 18 months of activity, there are 12 listed REITs on the market and many more in the pipeline Their performance Initially, most of the REITs have traded at a significant premium to net asset value. At the end of September 2017, those REITs are trading at 50 % premium to their net asset value but in late 2017 we started seeing their performance moderating which is much more lining with more mature markets like in the Uk and the US and some Asian markets. So the initial strong premium was mainly driven by the big amount of capital seeking exposure to these REITs and giving the relatively small number of REITs that were available for investors at that time So that gap is beginning to close and we are coming towards a more normal valuation. Going forward, we expect to see a greater choice to available REITs for investors which will drive prices towards fundamental valuations and this is a positive development as investors will be able to deploy funds more accurately in line with sets strategy and risk profiles The main issue for the Saudi Market is the available institutional grade stocks for investors as the Saudi Arabian Market is dominated by a lack of good quality stocks. This will be the major challenge for REITs which are operating in the market. In terms of the general macro perspective, we've had Mohamed Bin Salman on his global tour. Would that change the international investor perspective regarding the flow of money into equity? Are we going to see a shifting gear into an institutional appetite for REITs within the Kingdom? This is something we should start seeing over the longer term. But all that's happening now in Saudi is preparing for that. The market, TADAWUL is already up 10% near to the date We have investors positioning themselves ahead of the inclusion which is all positive for the market. What about the rest of the GCC? Is there an evolution story for the rest of the market here in the UAE and the GCC? If we take the UAE for example, we have 2 big listed REITs here which are Emirates REITs and ENBD REITs. The rest of the GCC is a little bit quiet for the momen. For more info, please visit http://www.knightfrank.ae
Private View 2018 |  What Is The Future of Property Sector | Knight Frank Middle East
The private view 2018 features the most distinguished properties from around the world. "The UK looks set to face another challenging year, but our research highlights a growing demand for prime property that will drive the residential market forward when we enter more normalised times. Our confidence in the future of real estate as a safe haven asset class remains unwavering, as does our commitment to you. " - Lord Andrew Hay Global Head of Residential For more information: http://bit.ly/2xhExKk
The Royal Atlantis Residences | Knight Frank Middle East
The Royal Atlantis Residences are destined to become a world-renowned address. Located on the iconic Palm Jumeirah, the Residences feature architecture from the finest international designers and benefit from uninterrupted views of the Ocean and Dubai city skyline. For More information, contact Knight Frank Middle East
Multi family housing   the rise of a major asset class
A conversation with… Key observations from global real estate advisors – Multi-family housing “The rise of a major asset class” Low Kin Hon - Deputy Group Managing Director, Valuation - Knight Frank, Singapore Attention in the multifamily sector has turned towards resident amenity and the importance of this within rental accommodation. Whilst this provides an obvious draw for prospective tenants, we look at how this will add value to multifamily schemes in the long run? Neil Armstrong: Partner, Student Property Res Dev - Knight Frank, UK Outflows from Singapore have been moving towards the UK market. We look at how these funds have been invested and effect on multi-family housing. Adam Burney (United Kingdom) Co-living is an increasing global phenomenon in urban areas, with operators such as The Collective & WeWork’s WeLive looking to expand rapidly in major centres. Buildings of this nature are typically occupied by young people, often including a high proportion of students. On this basis, are these buildings truly multifamily; or are they more aligned with the student market; or a separate form of housing entirely? John Busi: President, Valuation & Advisory - Newmark Knight Frank, US Adam Burney: Partner, Residential Development Capital Markets - Knight Frank, UK According to recent figures published by CNBC, the housing market has been a ‘weak spot in a robust economy’; something that has been blamed on rising mortgage rates in combination with higher house prices. We discuss whether Multi-Family housing is a sustainable, long-term solution both economically and socially speaking in the United States and the UK? Out of the multi-family housing market around the world, the emerging economies – we ask the panel to identify which cities to look out for in terms of an investment destination for multi-family housing. For more information contact [email protected]
The Wealth Report  FINAL FILM SOCIAL
THE WEALTH REPORT 2019 The 2019 edition of The Wealth Report is the global perspective on prime property and investment, including global wealth movements, property hotspots around the world and luxury investment trends. To read the full report go to www.knightfrank.com/wealthreport Compiled by research teams around the world, The Wealth Report is Knight Frank’s flagship thought-leadership publication that examines and analyses the performance of prime property markets, global wealth distribution and the attitudes of wealthy individuals towards property, investments and other wealth-related topics, including luxury-spending trends. The global perspective on prime property and investment The 13th edition of the report presents the latest research into global wealth trends and flows, including the world’s wealthiest regions, the best performing cities for Ultra-High-Net-Worth investor clients, and the fluctuations of the world’s luxury residential property markets. In addition, the report offers further insight into the lifestyle passions of UHNWIs; the latest Knight Frank Luxury Investment Index reveals last year’s top performing assets, while complementary articles examine the symbiotic relationship of property and luxury investments, and the rather unusual investment of one particular billionaire. At the heart of The Wealth Report is the Attitudes Survey. Based on insight provided by the world’s leading private bankers and wealth advisors, the survey provides a unique perspective on the property, investment and lifestyle decisions taken by UHNWIs. Another unique dataset is Knight Frank’s proprietary Prime International Residential Index (PIRI), which provides a comprehensive update on the performance of the world’s 100 most important luxury city and second-home markets. Key findings: • The global UHNWI population is forecast to rise by 22% over the next five years, with a 15% growth rate in selected GCC countries. • 2019 will be the year the number of US$ millionaires globally exceeds 20 million for the first time • 74% of Middle Eastern UHNWIs own second homes outside their country of residence, the highest proportion in the world • Whatever the #Brexit outcome, London will remain the leading global wealth centre, and retakes top spot in Knight Frank’s City Wealth Index • 63% of the world’s ultra-high-net-worth population saw an increase in their wealth in 2018 • 28% of all global commercial real estate transactions involve private capital
Saudi Arabia embraces the Belt and Road Initiative
The Belt and Road initiative (BRI) | Raya Majdalani | Research Manager at Knight Frank Middle East Raya Majdalani Speaks about “The Belt and Road Initiative" was launched by China in 2013. This initiative is about reviving the great Silk Road and providing a new multilateral cooperation platform to create new trade routes, economic links, and business networks with Russia, West Asia and the Middle East. This initiative is expected to deploy 900 billion of US Dollars of investment projects covering 69 countries. Knight Frank New Frontiers Report offers a qualitative and quantitative analysis of the Saudi Arabia’s prospects as a result of “the Belt and Road Initiative (BRI). As Saudi Arabia and China have historically maintained strategic economic ties. China is also considered as a top destination market for Saudi Arabia’s crude oil. On the other hand, Saudi Arabia has been among China’s largest trading partners in the Middle East. In March 2017, the bilateral economic relationship between Saudi Arabia and China strengthened significantly after King Salman’s visit to China. The visit of Saudi Arabia’s king led to the signing of investment cooperation deals worth 65 Billion US Dollars. It is obvious that Saudi Arabia aims to create a favourable environment for private sector investment encouraged by the government of Saudi Arabia to stimulate the non-oil economy and decrease GPD reliance on the hydrocarbon sector. The Saudi Arabia’s governmental initiatives provide a strong platform for the success of the Belt and Road Initiative, especially in the real estate, high-tech and energy sectors. Saudi Arabia was ranked 26th in terms of investment potential on Belt and Road Competitiveness Index. which is Knight Frank’s proprietary index based on a list of 67 countries in order to rank the attractiveness of each country’s market investment potential. For more information, please contact: Raya Majdalani | Research Manager, Research Email: [email protected] Call: +971 4 426 7660 Saudi Arabia: http://www.knightfrank.com.sa/
Market update on Care Home sector trading performance in the UK
With occupancy rates up to 89.4% and average weekly fees up to £773, Knight Frank analysis the UK Care Home sector for investment opportunities. To get more information and investment opportunities in the Defensive Real Estate Asset Class (Nursing and Care Homes) contact [email protected] Key insights: • Nucleus family structures and an affluent aging population are the key drivers for the Nursing and Care Home Sector in the West – the average age of care home residents is 85 years. • Sector performance for fiscal year 17/18 summarised: o Nursing homes: Occupancy levels 89% | Average weekly fee £838 | EBITDARM 28.2% o Personal care homes: Occupancy 90% | Average weekly fee £ 671 | EBITDARM 28.5% o Sector returns – typically yields are 4% to 5.5% linked to RPI and tenures at 30 years Knight Frank - Your Global link to the defensive real estate market
Dubai Prime Properties for Sale with Knight Frank
Victoria Garrett, Knight Frank Residential Associate Partner, discusses the Dubai prime housing market and the benefits of working with one of the worlds largest property consultancy: knight Frank
Insights for Dubai investors | Lord Andrew Hay | Global Head of Residential
What insights does the Dubai edition of the Wealth Report City Series offer investors? The Dubai edition of the Wealth Report is valuable as it offers investors more certainty around opportunities within a global context, and it this type of research that Dubai needs more of to build it into a mature market, to become competitive with either New York or London. For further information on the Dubai market, contact [email protected] Or visit www.KnightFrank.ae
Little Pipe Cay | Exumas | Bahamas | Knight Frank
A once in a lifetime incredible private island Little Pipe Cay is a very rare, freehold, private island for sale in the most beautiful part of the Exumas island chain. With raw natural beauty as a foundation, the current owners have, over the last 15 years, thoughtfully moulded and created the perfect private island home in one of the most naturally beautiful island chains in the world. Little Pipe Cay is the crown jewel of the Exumas and one of the top private islands in the Bahamas, if not in the Caribbean. A number of thoughtfully located and positioned houses and cottages are spread across the island for principal, family and wider family or guest use. All have incredible seascape views and some overlook or are on the edge of one of the pristine private beaches. There is scope to add further accommodation if needed. For more information visit: www.knightfrank.ae or contact: [email protected]
Henry Faun | Lillie Square, London's Boldest Masterplan
Lillie Square | Earls Court London A collection of 1, 2 and 3 bedroom apartments, penthouses and townhouses set around two new garden squares and circa 3.5 acres of green space. Located in Earls Court these exceptional apartments, townhouses and penthouses offer the best in contemporary urban living, combined with elegant public spaces and outstanding landscaped gardens. Lillie Square also features a 5-star concierge service, a private residents’ club with swimming pool and sauna, and 24-hour security. The most exquisite garden squares. Brought to life by RHS Chelsea award-winner Andy Sturgeon. Contemporary living at its finest. Our most exclusif apartments and penthouses. Discover life at the Lillie Square Clubhouse. Enjoy the best of London on your doorstep. About Knight Frank Middle East From our strategically positioned offices in Abu Dhabi and Dubai, Knight Frank provides integrated residential and commercial real estate transaction, consultancy and management services across the United Arab Emirates, the Middle East and globally. Representing one of the largest and most reputable valuation practices in the United Arab Emirates, our team of experts provide comprehensive commercial real estate valuation services across the United Arab Emirates and the wider Middle East region Knight Frank’s four distinctive components comprise our global network, our independence, and our commercial and residential platforms. These set us apart from the competition. Together with our US alliance partners, Newmark Grubb Knight Frank we have grown to a group of over 15,000 property professionals, in more than 418 offices in 60 countries. Being a partnership allows us to put our clients first, we focus on giving them the best advice and putting long-term relationships ahead of short-term wins. Trust and integrity are everything. The combination of our people, research and technology have helped us grow our enviable track record and that is why clients come back to us for their property solution. Our services include: ♦ Valuation ♦ Commercial Leasing ♦ Hospitality ♦ Capital Markets ♦ Industrial and Logistics ♦ Development Consultancy & Research ♦ Property Asset Management ♦ Project Monitoring ♦ Retail ♦ UAE Residential Sales ♦ International Residential Sales ♦ Project Marketing: MENA For business inquiries, please contact Henry Faun | Associate Partner at Knight Frank Middle East Email: [email protected] Phone Number/Whatsapp: +971 56 110 2407
What is the outlook for Dubai? | Lord Andrew Hay | Global Head of Residential
The story of Dubai is clearly one of growth of the economy and the property market. In the last two to three years, the residential and commercial markets began to slow, and the wider regional economy was weakened slightly because of shifts in the oil markets, which ultimately affects wealth creation. The question now for investors is, where will the growth come from? A lot of future growth is related to the Dubai’s governmental plan: the 2021 Vision. This is leading the shift into higher value added services, which impacts upon the future development of offices, logistics and other commercial assets, and on the back of this, therefore a demand for residential property. For further information on the Dubai market contact [email protected] Or visit www.KnightFrank.ae
Commercial real estate - Serviced Offices, Industrial Property & eRetail
A conversation with… Key observations from global real estate advisors on the Commercial real estate market ~Serviced Offices, Industrial Property & eRetail~ Rupert Johnson: Partner, Valuation & Advisory - Knight Frank, UK E-retail is acknowledged as one of the most recent socioeconomic factors to have a knock-on effect on the global commercial property market – we discuss why this is and how we can expect it to shape the valuations market in the future? Thomas Lam: Executive Director, Head of Valuation & Advisory - Knight Frank, Hong Kong Disruptive tech has played a major role in driving the economies of many economies throughout Asia, in particular through manufacturing – given the scale of Asia’s construction output is outpacing the US and Europe combined, we look at what role ‘proptech’ will play in maximising regional commercial assets? John Busi: President, Valuation & Advisory - Newmark Knight Frank, US According to recent research, the global appetite for commercial real estate investment remains strong with institutional investors allocating 10.4% of their portfolio towards the asset class in 2018. We look at what factors are behind such strong performance in 2017 and what is the outlook for the U.S market over the next couple of years? Flanagan: Partner, Head of Valuation & Advisory - Knight Frank, MENA The movement towards greater co-working spaces and temporary offices is on the rise around the globe, a fact that is leading to an increase in flexible office providers. We look at what the driving factors are behind this movement and what will be the primary catalysts for countries such as the UAE to adopt this trend?
19 M $ Ocean Mist World-Class Designer Villa , Frond J | Palm Jumeirah | Dubai
A world-class designer villa on The Palm Jumeirah Designed in a contemporary style with astonishing attention to detail, this beachfront house is surrounded by tranquillity and calm waters on The Palm. Built to the highest standards, this brand new seven-bedroom home offers the best in modern living. No expense has been spared As soon as one enters through the magnificent entrance you will be enthralled by the new custom-built Villa, ensconced on its own private beach. See the glow of the city lights, daily sunsets and parade of boats on this nautical landscape. Designed to take your breath away, with interiors designed to capitalise on panoramic water views and rooms that flow seamlessly to one another transitioning inside to out. Location information One of Dubai’s most iconic landmarks, the Palm Jumeirah is a world wonder being the largest man-made island in the shape of a palm tree. The Palm is made up of 17 fronds and a neighbouring crescent, which provide a range of luxury villa and apartment options for residents. The world-famous Atlantis Hotel offers fine dining options such as Nobu and Seafire, along with luxury retail outlets and the number 1 water park in the Middle East: Aquaventure Waterpark. An array of well-known hotels such as The Kempinski, The Fairmont, Rixos, Jumeirah Zabeel Saray, Anantara, Waldorf Astoria, The One & Only and Sofitel Hotel offer 5-star guest accommodation, along with a range of distinctive restaurants and access to private beaches with stunning views of the sea, Burj Al Arab, and breath-taking views back towards Dubai. More Dubai properties Amenities 7 Bedrooms 8 Bathrooms 3 Reception Rooms Lift Modern 24hr security Balcony Coastal Garden New Build Roof Terrace Waterview Swimming Pool Waterside Sea View Private Parking/Garage Utility Rooms For more info, please visit: http://www.knightfrank.ae/properties/residential/for-sale/signature-villa-frond-j-plam-jumeirah/dub170015
White City Living | The new heart of West London
With architecture by Patel Taylor and interiors by Arney Fender Katsalidis, each of the homes has been designed with a private balcony or terrace, for residents to enjoy the views of the extensive grounds. Designed by Murdoch Wickham, the eight acres of open space include a new five-acre park and secluded gardens. White City Living provides extensive residents’ facilities including a 24-hour concierge, residents’ lounges, café, business lounge, two 12 seater cinemas, games simulation room, plus fully-equipped health and fitness facilities, with gymnasium, swimming pool, vitality pool and treatment rooms. Security is assured with CCTV to all building entrance lobbies, car park and external areas.
Hospitality real estate -  How to drive profitability through effective asset management
A conversation with… Key observations from global real estate advisors – Hospitality real estate “How to drive profitability through effective asset management” Christopher Robson: Senior Surveyor - Hospitality and Leisure – Knight Frank UAE According to recent research conducted by Knight Frank’s UAE team, KPI’s in Dubai’s hospitality sector have been trending downwards since 2014 – we summarise the factors behind this performance? F&B-based initiatives such as ‘Pop-up’ restaurants or leasing outlets to third parties have not only shown to provide increased profitability, but also more predictable revenue streams for operators. We expand on how this model can be most effective, and how operators can select an optimal tenant. Samantha Freeman: Partner, Valuation & Advisory – Knight Frank Australia According to research published by Australia’s Ai Group* (Australian Industry Group), the demand from the country’s hospitality sector has ‘recorded the fastest improvement in well over a year’ – we discuss what the contributing factors are behind this and how has it effected hospitality as an asset class? Saurabh Mehrota: National Director - Valuation & Advisory – Knight Frank India The recent, and quite meteoric rise of Marriott International in India is an excellent example of how an asset-light model can provide significant growth opportunities for operators. Thanks to its strategy of leveraging management contracts and franchising agreements from hotel owners, they are optimally equipped to perform well in a positive economy, while being insulated should the market catch a cold. We provide our opinions on this model, and how it can present the hospitality sector as a more secure investment model. Amy Collier: Senior Managing Director, Valuation & Advisory- Newmark Knight Frank, US There has been a recent trend in the U.S over the past two years for urban hotels to charge a mandatory ‘Resort fee + tax’, to cover a variety of amenities which can include services such as high-speed internet access, local and long-distance phone calls, bottled water, exercise classes and breakfast. According to Bjorn Hanson, an adjunct professor at the New York University of Professional Studies Jonathan M. Tisch Center for Hospitality and Tourism, such fees could raise as much as $2.93 billion* in the United States alone in 2018 – we discuss whether we believe this could become and international standard in the sector? For more information please contact [email protected]
Faisal Alshegry | The Knight Frank Graduate Scheme | Join Knight Frank Middle East
Why work for Knight Frank? Knight Frank has an exceptional working environment. The company is a leading real estate company. Knight Frank has a unique motivating working environment, especially among employees and managers. In addition, it is easy to communicate and work with other Knight Frank staff globally. Global Opportunities at Knight Frank: knight Frank offers opportunities to work in all its offices around the world, whether in Europe, Africa or the Middle East. About Knight Frank: There’s a human element in the world of property that is too easily overlooked. At Knight Frank, we build long-term relationships, which allow us to provide personalised, clear and considered advice on all areas of property in all key markets. We believe personal interaction is a crucial part of ensuring every client is matched to the property that suits their needs best – be it commercial or residential. Operating in locations where our clients need us to be, we provide a worldwide service that’s locally expert and globally informed. We believe that inspired teams naturally provide excellent and dedicated client service. Therefore, we’ve created a workplace where opinions are respected, where everyone is invited to contribute to the success of our business and where they’re rewarded for excellence. The result is that our people are more motivated, ensuring your experience with us is the best that it can be. Headquartered in London, we have 418 offices in 60 countries and more than 15,000 people For more information about Knight Frank Graduate Program, please visit our Career page: http://KnightFrank.ae or http://KnightFrank.com.sa or send an email to [email protected]
Knight Frank | International View 2018
THE FINEST PROPERTIES FROM AROUND THE WORLD #InternationalView2018 published by #KnightFrank presents a selection of the finest prime property for sale in the world's key markets. Knight Frank provides trusted advice to clients in these fast-changing times. To read more: http://bit.ly/2Hpl0uv
How accessible is Dubai? | Lord Andrew Hay | Global Head of Residential
How accessible is Dubai to global investors? It is widely known that Dubai is a transport hub and connects very quickly with a third of the world’s population within 4 hours or two thirds of the population within 8 hours. But the exciting thing for the future is that to the East we have Asia and the west is Africa who are looking to emerge strongly over the next 10 years and Dubai is superbly positioned as a central hub. For further information on the Dubai market, contact [email protected] Or visit www.KnightFrank.ae
Luxury homes from around the world with Knight Frank | International View 2014
Welcome to the 2014 edition of Knight Frank's International View. In the video above we share with you a hand-picked selection of some of the most prestigious residential properties for sale through Knight Frank in the leading markets around the world. www.knightfrank.com/internationalview Over the past 12 months we have expanded our global network, which now exceeds 330 offices. This growing network has helped us to source buyers for our clients from no fewer than 77 countries and provides our residential, commercial, and development clients with unparalleled access to international capital flows. 2013/14 has been a frenetic year in many parts of the world, with both significant political and economic events affecting many regions. As a result, 'capital flight' to 'safe havens' has produced peaks of demand to and from many new markets. In order to service this global marketplace for both investor and selling clients, we have created market-leading technology including a free, world-class App for iPhone and iPad which has now been downloaded by nearly 155,000 people, and a facility which allows you to create a personal property library and set up research alerts, 'My Knight Frank'. Other recent technological innovations include our constantly evolving website, which has an improved navigation and provides an intuitive user experience. Of particular note, our Global Property Search now features residential, commercial and investment properties, a first within the property market. It is available in 16 languages making it by far the most multilingual website in the industry, providing an easy and more enjoyable experience for our international clients to search over 12,300 properties online. All of the above initiatives ensure that our clients continue to trust us with their property requirements, and in turn, they have helped us to identify why they chose Knight Frank and what sets us apart. As the world's largest independent property consultancy, with a track record of over 117 years, high quality advice and depth of service are at the core of all we do for our clients. If you are likely to require property advice in the coming months please do let us know. http://www.knightfrank.ae/residential-property/buying/international
Henry Faun - Associate Partner at Knight Frank Middle East
Henry Faun speaks about the Knight Frank Middle East Services. With an experience of more than 100 years in the Real Estate Consultancy, 400 offices around the world, Knight Frank offers a wide range of services. Latest global real estate research reports, global project sales including London, Birmingham, Manchester, Berlin, Switzerland and America. Knight Frank also provides property management, mortgages and furnishings. For business inquiries, please contact Henry Faun | Associate Partner at Knight Frank Middle East Email: [email protected] Phone Number/Whatsapp: +971 56 110 2407
Landmark place | Exceptional River Front Residences
Landmark Place is situated on the City’s riverfront by Tower Bridge. It's beautifully crafted interiors, iconic views and hotel style amenities combine to create a truly elegant building. Landmark place is a building of substance, elegant, refined and entirely suited to its iconic position. A Landmark in design in location and in London’s continuing story. Landmark Place stands within the walls of that first settlement, on the banks of the river that inspired it. Today, London is a global city; alive with culture and commerce, a timeless atmosphere those first residents would surely still recognise.
Dubai: The importance of style | Lord Andrew Hay | Global Head of Residential
How important is style and functionality to the end user in Dubai? Within either a local or a global context, it is a very competitive market and brands have to stand out in a number of ways. Not only the offer and quality of the product, but also in terms of its design. One of the great opportunities is that Dubai still has the luxury of space. For example, one of the best schemes in New York has to go up 85 floors on a very small footprint. Which works beautifully in some ways but has its restrictions. The great thing about Dubai is that it still has the ability to offer a scheme that is all encompassing in terms of facilities and security. However, in terms of lifestyle and particularly the family element, Dubai is immensely attractive. For further information on the Dubai market, contact [email protected] Or visit www.KnightFrank.ae
Dubai City Series - One of the best places to live & work: Dubai
يمكن القول، أن دبي شهدت تحوّلا سريعًا بمعدل لم تشهده أي مدينة أخرى وأن الفرص الناشئة عن هذا النمو هائلة للغاية. تماشيا مع "خطة دبي 2021" - إطار شامل لوضع دبي كأحد أفضل الأماكن والأكثر تميزًا للعيش والعمل في العالم - تتمثل رؤية دبي في تعزيز مكانتها كمدينة عالمية، ووجهة سياحية رائدة ومركز الأعمال المفضل في الشرق الأوسط. شهدت دبي نمواً اقتصاديًا وسكانيًا هائلاً على مدى العِقدين الماضيين - وهو اتجاه تم وضعه وتهيئته فقط ليستمر على هذه الوتيرة. لقد أتاحت مهمة استيعاب النمو السكاني بنسبة 76٪ خلال السنوات العشر الماضية فرصًا هائلة للاستثمار في سوق العقارات السكنية. على المستوى العالمي، تظل دبي ميسورة التكلفة نسبيًا. فعند التفكير في شراء عقار بقيمة مليون دولار أمريكي في المدن الرئيسية حول العالم، تقدم دبي مساحة سكنية كبيرة تبلغ 138 مترًا مربعًا، مقارنة بمدينة موناكو التي تقدم مساحة 16 مترًا مربعًا، وهونغ كونغ 22 مترًا مربعًا ، ونيويورك 25 مترًا مربعًا ولندن 28 مترًا مربعًا بنفس المبلغ. ولقد ساعد موقع دبي الاستراتيجي والبنية التحتية التي تتحسن بشكل سريع الإمارة في أن تصبح موقع الأعمال المهيمن على المستوى الإقليمي، وكذلك ساهمت هذه العوامل في أن تصبح الإمارات الدولة رقم 21 من أصل 190 ضمن مؤشر البنك الدولي لسهولة ممارسة أنشطة الأعمال.