Major redevelopments are taking place at the former Fort Ord in the city of Marina, California. Marina was incorporated in 1975 and is the newest and fastest growing city in the Monterey Peninsula. The projects are extensive and include several recreational facilities, residential buildings, cultural centres, hotels and commercial buildings.

Dubai’s Al-Futtaim Group Real Estate has launched a $3.6 billion project in Egypt. The ‘Cairo Festival City’ development is to be located near the International Airport in Cairo and is modelled on the Dubai Festival City. The development of the Cairo Festival City will take place over an area of three million square metres, and [...]