Menu
Construction and real estate
Santa Monica Place reopens to the public
Negative response towards Vanity Fair's World Architecture Survey
Green response to Vanity Fair's World Architecture Survey
Biking in Los Angeles—C.I.C.L.E
Los Angeles' proposed cap freeway parks
Greenwashing
Cool roofs
The Piggyback Yard project
Financial consultant tells how to get Corporate Credit with bad credit
Short sales and foreclosures 101 from a top Los Angeles Realtor
How to get your offer accepted: 5 tips from the frontlines
The dilemma of saving for a down payment
Why do I need an inspection when buying a home?
What is a short sale in real estate?
When I sell my home, how do I caluculate my net profit?
What is a Leaseback period in a real estate transaction?
What is an Escrow period and why is it required?
What's my strategy in reviewing buyers' offers?
Should I accept a backup offer when selling my home?
What are Disclosures in a real estate transaction?
What's a CMA in a real estate sale?
How should sellers prepare to sell a home?
What inspections will buyers schedule when purchasing my home?
What are contingencies in a real estate transaction?
MAF launches new 5-year green strategy
Majid Al Futtaim Properties, a leading owner, developer and operator of shopping malls in the region, has launched its new five-year sustainability strategy.

The new strategy was announced during MAF’s third annual Sustainability Summit in Sheraton Hotel at the Mall of the Emirates, Dubai.

The summit brought together more than 100 experts from a range of industries and institutions to discuss the uptake of sustainability in the Middle East, lessons learnt from building and operating green buildings, as well as the growing investor appetite for sustainability benchmarking and reporting.

It was held in association with the Emirates Green Building Council, The British University in Dubai, Jones Lang LaSalle and the Dubai Chamber of Commerce Sustainability Network.

George Kostas, CEO, MAF Properties, said: “Our region is facing major social and environmental change. We therefore believe that a responsible business must look to drive growth that is economically efficient, socially fair and environmentally sustainable.

“Majid Al Futtaim Properties is recognised as a sustainability leader in the Mena region since we launched phase one of our sustainability strategy four years ago. Today we are ranked as the leading property company in the Middle East, and according to the 2013 Global Real Estate Sustainability Benchmark (GRESB) survey, we rank second in the Asia-Pacific region and in the top 133 property businesses worldwide.”

Ibrahim Al Zu’bi, head of sustainability, said: “It is our vision to enhance people’s lives through sustainable real estate. This commitment is reflected in our approach to issues ranging from labour conditions and health and safety in our developments to supporting local economic development. Achievements include 17 per cent reduction in water consumption in our malls and a 15 per cent reduction in our hotels. In addition, last year we delivered Dh13.3 million ($3.6 million) in community investment through hosting events in our malls, donating staff time, providing free space to groups and cash contributions.”

The first panel discussed the challenges and opportunities of green buildings in the Middle East, while the second panel focused on social and environmental standards, debating about specific drivers in the Middle Eastern market. The third panel discussed the importance of sustainability benchmarking and reporting.
  
Planning expected to be a major issue for UK house builders, survey shows
UK property industry calls for commitment on energy savings in buildings
Private sector activity boosts UK property construction sector
Properties in New Zealand bigger
UK govt to sell land for new homes
New earthquakes in Christchurch will set back real estate market
One in three people would build their own house, research shows
UK construction industry flat as economic uncertainty bites
Panel house launched in India by RICS
UK announces new deal on new build properties
UK developer calls for more apprenticeship opportunities
Asking prices of new homes in the UK rise
Land deal for Paramount theme park in Spain signed
UK housing starts down 15% compared with a year ago, data shows
House building levels in the UK down by 4%, new figures show
Outlook for the UK construction sector more positive, says RICS survey
Builders call for UK govt to boost home construction industry
Britain needs more energy efficient homes, builders tell the govt
New quality assurance scheme for new homes in the UK to be launched
Steady rise in number of new homes being built in New Zealand
UK govt to make self build homes exempt from infrastructure levy
Confidence in the UK construction sector at its highest since end of 2007
Outlook for architect and wider UK construction industry improving
UK property market recovery results in creation of jobs for young people
UK construction sector finally on the way to recovery says RICS
£17 million announced for community self build in English regions
Building costs remain high in Europe, annual study finds
UK govt pledges to do more for self build sector
Menu
GCC investors must consider tie ups with Turkish firms
Siemen clinches $2bn Saudi metro contract
Italy's Pilosio wins big Makkah order
Premier real estate developments named
Qatar UDC net profit up 7.5pc
Cluttons showcases ME, London properties
Al Baddad to supply 80pc of Hajj tents
Dubai RTA inks water canal project deal
Kohler launches new collection in UAE
$51.6m theme park planned in Bahrain
Dubai real estate market gains strength
Mena states plan $225bn transport projects
Siemon's new tool to cut termination times
Kuwait in $2.4bn bid for London property
Hyder Consulting opens design centre in Amman
Work to start soon at Oman tourism complex
Jotun hosts gala event for interior designers
MAF launches new 5-year green strategy
Arabtec buys UAE electromechanical firm
Call for cost effective sustainable houses for the UK
London house builder celebrates 2010 success
Construction recovery slows in the UK property industry
England needs 750,000 new properties by 2025
Australia heading for housing crisis as new sales fall