Tag Archives | real estate

KDC Buys KREDCO Real Estate

By John Lee. The Kurdistan Development Corporation (KDC) has bought the majority shareholding of Erbil-based KREDCO Real Estate Limited Company. KREDCO has previously been described as a joint venture between the KDC and the Kuwait-based National Real Estate Company (NREC). According to a disclosure to the Kuwaiti stock exchange, NREC said it sold its 51-percent […]

Housing, Land and Property Rights in Iraq

Housing, Land and Property Rights in Iraq - An Assessment of Progress Towards Durable Solutions in Line with the Pinheiro Principles Since the 1960s, housing, land and property (HLP) challenges faced by the people of Iraq have varied throughout different waves of conflict and displacements. These problems worsened during the period of conflict with the […]

Iraq moves to Protect State Property

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq moves to protect state property The Iraqi government launched a campaign to remove encroachments in Iraq, which is more likely to anger political parties and armed groups whose […]

Mosul Properties being Snapped Up

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mosul old city properties rapidly being bought up: residents Locals in Mosul say people from Iraq's southern provinces are buying up historical houses and property in the war-devastated old city at an alarming rate. […]

Social-Spatial Transformations in Contemporary Baghdad

By Omar Sirri, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Destructive creations: social-spatial transformations in contemporary Baghdad This working paper examines social-spatial transformations in contemporary Baghdad by zooming in on two of the […]

Guide to Iraq's Property Compensation Guidelines

Iraq has experienced a massive wave of displacement over the last four years that has caused an intricate housing, land and property situation. During the recent conflict, many Iraqi citizens have had their property rights violated, such as having lost possession of their property or have had their property damaged or destroyed by different actors. […]

64,000 New Homes Planned for Al-Rashid City

By John Lee. Zawya reports that the Iraqi cabinet has asked the National Investment Commission (NIC) to go ahead with the huge Al-Rashid City project planned for Baghdad. The $10-billion development is to be carried out by Dubai’s Emaar Properties and Abu Dhabi’s Eagle Hills, and will include the building of "up to" (sic) 64,000 […]