Knight Frank | Global news

An overview of Knight Frank global news:

United Arab Emirates

Petri Mannila to lead Knight Frank’s luxury homes business in UAE Knight Frank has named a new leader for its Prime Residential practice in the UAE, with Petri Mannila bringing over two decades of experience in the real estate industry.
09 September 2024
Saudi Arabia

Number of property deals in Saudi Arabia surged in first half of 2024 The number of transactions in Saudi Arabia’s real estate sector surged by 38% in the first half of 2024, reaching a total transaction value of $34 billion, according to research from Knight Frank.
29 August 2024
Middle East

Knight Frank names Wesley Thomson Head of ESG for MENA region Knight Frank has signalled its intent in the ESG space with the appointment of Wesley Thomson as its Head of ESG for the Middle East & North Africa region.
27 August 2024
United Arab Emirates

Dubai’s real estate market a magnet for the rich, says Knight Frank Dubai has in recent years cemented its position as a premier destination for high-net-worth individuals (HNWIs) seeking real estate investments, according to Knight Frank research.
22 August 2024
Saudi Arabia

Knight Frank adds veteran Ian Sinclair to Saudi partner team Knight Frank has expanded its partner team in Saudi Arabia with industry veteran Ian Sinclair.
05 August 2024
Saudi Arabia

Saudi Arabia's construction spending to hit $150 billion in 2025 There has been a massive boom in construction projects in Saudi Arabia in recent years as the country enjoys a strong economic situation and rapidly builds up its urban areas.
23 July 2024
Saudi Arabia

Susan Amawi appointed General Manager KSA at Knight Frank Knight Frank has appointed Susan Amawi as General Manager for its operations in Saudi Arabia.
23 July 2024
Middle East

Knight Frank appoints Christopher Payne as Chief Economist Knight Frank, a real estate consultancy with numerous offices across MENA, has appointed Christopher Payne as its new Chief Economist for the region.
19 July 2024
Middle East

Billions in investment needed to expand mental healthcare There is an urgent need for more psychiatric beds to meet the increasing demand for mental health services in the Middle East, particularly the UAE and Saudi Arabia.
03 July 2024
Middle East

Knight Frank launches new practice for interior services Leading property consultancy Knight Frank has launched a new practice that helps its clients in the MENA region design and deliver interior spaces.
17 June 2024
Middle East

Study: Rich people to spend $4.4 billion on luxury Dubai homes Rich people, or so-called high-net-worth-individuals (HNWI), will in the coming years spend hundreds of millions of dollars on buying new luxury homes in the United Arab Emirates, according to Knight
27 May 2024
Middle East

Knight Frank welcomes David Schmidt as associate partner Knight Frank has welcomed David Schmidt to its team in the Middle East.
01 May 2024
United Arab Emirates

Knight Frank advises JAS on new warehouse in Dubai South US-headquartered JAS is expanding its presence in the UAE with a new warehouse in Dubai South. The deal was advised on by Knight Frank.
30 April 2024
Saudi Arabia

Rich Muslims from around the world to spend big on KSA real estate High net worth individuals (HNWI) from the Muslim world are prepared to spend $2 billion on real estate in Saudi Arabia’s Holy Cities of Mecca and Medina, according to research from global property c
22 March 2024
Middle East

Cushman & Wakefield and Knight Frank win excellence award At the Global Business Outlook Awards, Cushman & Wakefield and Knight Frank were lauded as winners in the real estate landscape.
11 March 2024
Saudi Arabia

Knight Frank launches Academy for young Saudi talent Global professional services firm Knight Frank has launched an Academy in Saudi Arabia, aimed at nurturing talent in the Kingdom’s real estate sector.
27 February 2024
Saudi Arabia

Residential transactions slow in KSA due to affordability issues The total number of real estate transactions in Saudi Arabia slumped with double digits last year, driven by a similar in size drop in real estate deals.
19 February 2024
Middle East

Demand for data centers in the MENA region on the rise The Middle East is expecting significant growth in the data center sector, driven by increased internet access and a massive uptick in digital adoption.
19 February 2024
Egypt

Wealthy GCC investors targeting Egypt for real estate investments In recent years, Egypt has garnered substantial attention as a focal point for investments from the Gulf Cooperation Council (GCC).
08 February 2024
Middle East

Gulf Medical University and Knight Frank launch joint internship Gulf Medical University is teaming up with Knight Frank to launch a new internship program for students seeking to kickstart their career in the healthcare consulting domain.
31 January 2024
United Arab Emirates

Rich homebuyers help lift Dubai's luxury real estate to $7.6 billion The luxury real estate market in Dubai is booming, with the world's wealthiest individuals increasingly eager to snatch up properties in the UAE emirate.
19 January 2024
Middle East

Knight Frank welcomes Will McKintosh to residential practice Knight Frank has welcomed Will McKintosh to its team in the Middle East – appointing him as Regional Partner and Head of Residential for MENA.
12 December 2023
Saudi Arabia

Demand for elderly homes and facilities to grow in Saudi Arabia As the number of Saudis entering retirement grows, demand for senior living solutions is expected to expand strongly in the coming decade, necessitating policy adjustments from both the healthcare se
24 November 2023
United Arab Emirates

Andrew Cleator joins Knight Frank's Prime Residential practice Knight Frank has welcomed Andrew Cleator to its Associate Partner ranks in the Middle East.
16 November 2023
United Arab Emirates

Dubai's hotel sector hits capacity milestone with 150,000+ rooms Dubai’s hotel market is set to break a major capacity milestone by the end of this year according to Knight Frank, with the number of hotel rooms to surpass the 150,000 mark.
07 November 2023
Egypt

Knight Frank adds Egypt-based Mohamed Nabil to senior MENA team Knight Frank has strengthened is senior team in Egypt and MENA with the hire of Mohamed Nabil.
10 October 2023
Saudi Arabia

Saudi's property and infrastructure portfolio crosses next milestone Two years ago, Saudi's real estate and infrastructure portfolio of projects launched since the inception of the National Transformation Plan in 2016 crossed the magical $1 trillion barrier.
29 September 2023
United Arab Emirates

Paulina Tenderowicz and Edward Pugh join Knight Frank Knight Frank has strengthened its Valuation & Advisory practice in the UAE with two experienced practitioners: Paulina Tenderowicz and Edward Pugh.
12 September 2023
United Arab Emirates

Prices of luxury homes in Dubai surged 48% in past year The prices of luxury homes in Dubai surged again in the past year, seeing Dubai maintain its top position in Knight Frank’s luxury property prices index for the eighth consecutive quarter.
04 September 2023
Egypt

Knight Frank enters Egyptian real estate consultancy market Knight Frank has entered the Egyptian market, as the global consultancy seeks to establish a presence in the country’s booming real estate sector.
18 August 2023
Middle East

James Hodgetts joins Middle East partner team of Knight Frank International real estate consultancy Knight Frank has strengthened its partner team in the Middle East and Africa region with James Hodgetts.
07 August 2023
Saudi Arabia

Hotel room capacity in Saudi Arabia to triple to 450,000 by 2030 Saudi Arabia is gearing up to become one of the world’s largest tourist destinations, with the number of hotel rooms to more than triple in the coming decade.
25 May 2023

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