The world’s number 1 real estate development exporter? Assessing announced transnational projects from the United Arab Emirates between 2003–2014

2021 ◽  
pp. 0308518X2110548
Author(s):  
Jorn Koelemaij
Keyword(s):  
Real Estate ◽  
United Arab Emirates ◽  
Media Coverage ◽  
Large Scale ◽  
Implementation Strategies ◽  
Symbolic Capital ◽  
Current Status ◽  
Real Estate Development ◽  
Early 21St Century ◽  
Political Actors

Contemporary large-scale real estate developments often have an explicit transnational character. Particularly in late development contexts, they are frequently financed and developed by foreign stakeholders. United Arab Emirates (UAE)-based transnational developers have been the largest global providers of greenfield real estate foreign direct investment (GREFDI) between 2003 and 2014. A closer look at these activities, however, reveals that only a limited percentage of the announced projects eventually materialized. Based on a thorough study of several academic articles, online media coverage, and interviews conducted with real estate experts in Dubai and Abu Dhabi in 2018, this paper critically evaluates the current status of transnational real estate development projects (TREDs) announced by the UAE companies in the early 21st century, as well as the most common implementation strategies and rationales behind them. It illustrates how closely geopolitics, geo-economics, and real estate can be intertwined, especially when transnational developers are closely related to their home governments. Against this backdrop, TREDs are often a part of broader bilateral business deals, and can simultaneously be driven by the desire of acquiring symbolic capital on behalf of the political actors involved. Furthermore, it is concluded that TREDs that are facilitated by UAE-based developers are fairly similar to contemporary TREDS on behalf of government-related developers from other emerging economies.

Heat Pollution by Large Buildings and the Effects upon Astrometric Observations

1991 ◽  
Vol 112 ◽  
pp. 326-326
Author(s):  
James A. Hughes ◽  
Calvin A. Kodres
Keyword(s):  
Real Estate ◽  
Boundary Conditions ◽  
Large Scale ◽  
Stokes Equations ◽  
Navier Stokes ◽  
Real Estate Development ◽  
Atmospheric Effects ◽  
Navier Stokes Equations ◽  
Naval Observatory ◽  
The U.S

ABSTRACTRecent, large scale, real estate development near the U.S. Naval Observatory has led to an investigation of the systematic atmospheric effects which heat from large buildings can cause. Results show that non-negligible slopes of the atmospheric layers can be induced which cause a surprisingly large anomalous refraction. The Navier-Stokes equations were numerically integrated using the appropriate boundary conditions and the resulting isopycnic tilts using the appropriate boundary conditions and the resulting isopycnic tilts charted. Rays were then essentially traced through the perturbed atmosphere to determine the magnitude of the anomalous refraction.

Homecomings From “The Hague”

2018 ◽  
Vol 28 (4) ◽  
pp. 406-422
Author(s):  
Jovana Mihajlović Trbovc
Keyword(s):  
Media Coverage ◽  
International Criminal Tribunal ◽  
Symbolic Capital ◽  
Historical Narratives ◽  
Military Leaders ◽  
Political Actors ◽  
Local Media ◽  
Media Spectacle ◽  
Critical Media ◽  
The One

Based on the analysis of media reporting on the release and return of the International Criminal Tribunal for the former Yugoslavia (ICTY) defendants after the end of their trials or imprisonment, this article focuses on the homecoming celebrations organized for politically prominent defendants. While large celebratory homecomings were vastly covered and discussed by local media, most of the defendants actually returned with no public welcome. This article demonstrates that the homecomings of politically significant returnees became part of a normalized political folklore, in which the convicted individuals are welcomed in the same manner as those acquitted. Nevertheless, this article suggests that these events are not necessarily (or not only) an expression of popular support to wartime “heroes.” Instead, it argues that political actors seek to utilize the occasions of the return of those ICTY defendants who possess symbolic capital as wartime political or military leaders in order to gain political profit. As these homecomings have become an expected political and media spectacle, they are treated by media professionals as such. The local media coverage of the homecoming spectacles reveals that while they are politically potent events, they are also contested: on the one hand by the proponents of competing ethnonational historical narratives and on the other by more critical media outlets that refuse to take them at face value.

scholarly journals Innovative real estate development finance – evidence from Europe

2016 ◽  
Vol 21 (1) ◽  
pp. 54-72 ◽  
Author(s):  
Graham Squires ◽  
Norman Hutchison ◽  
Alastair Adair ◽  
Jim Berry ◽  
Stanley McGreal ◽  
...  
Keyword(s):  
Real Estate ◽  
Large Scale ◽  
Real Estate Development ◽  
Equity Financing ◽  
Private Debt ◽  
Content Type ◽  
Development Finance ◽  
Fund Managers ◽  
The Individual ◽  
Multi Stakeholder

Purpose – This research aims to provide an insight into large-scale real estate projects in Europe and how they are using a more innovative blend of finance. Design/methodology/approach – The methodology involved a mix of desk-based study, interviews and case studies. Interviews were held with financiers, policymakers, developers, investors, fund managers and academics. The specific case projects were Battersea Power Station Development in London; Leipziger Platz site in Berlin; and the Lammenschans site in the city of Leiden, The Netherlands. Findings – The research found that there is growth in the blend of financial products used in real estate development within large-scale mixed-use projects. This new blend is set with greater equity financing, often from domestic and foreign consortiums generating institutional funds – alongside private debt financing – that utilise a mix of large-scale multi-bank finance. Practical implications – The scale of the challenge in financing real estate development allied with capital budget constraints has meant that the appetite for innovative finance mechanisms has gained considerable momentum in practice and policy. This research investigates current examples in development finance and provides a discussion of the opinion of key multi-stakeholder participants in the individual cases, and trends more strategically at a broader level. Originality/value – This detailed study of three major development sites and at a more broader strategic level is significant, in that it provides a better understanding of the differing blends of finance that are being used.

scholarly journals Ngati Whakaue Tribal Lands - a Maori Incorporation with a large scale farming operation as its original core business

2003 ◽  
pp. 49-52
Author(s):  
R.D. Vallance
Keyword(s):  
Real Estate ◽  
Large Scale ◽  
Crater Lake ◽  
Land Ownership ◽  
Real Estate Development ◽  
High Performing ◽  
Core Business ◽  
Tribal Lands ◽  
Large Farms ◽  
Pastoral Farming

Ngati Whakaue Tribal Lands Incor porated (NWTL) is a Maori farming business formed in 1960 with the amalgamation of some 34 parcels of land into 3 large farms as a Maori Incorporation formed under the provisions of the Maori Land Act. The Act is administered by the Maori Land Court. The stated purposes at the time of formation related to protecting land ownership and using the land for productive purposes. This has since led to the properties being developed into a modern, high performing 'agri-business'. The properties (Wharenui Station, Tihiotonga Station and Ngongataha Station) totalled 2970 ha in size and were run in the style of traditional "Maori Affairs" sheep and beef farms until fairly recently. In 1988 a dairy conversion was established on part of Wharenui. A further 265 ha property (Crater Lake) has subsequently been purchased to be run as a specialist deer unit together with an adjacent, largely undeveloped, 500 ha property (Okataina 10) which was leased r ecently. The Incorporation has pastoral farming, forestry, tourism, property rental and real estate development interests.

scholarly journals Organizational and technological genesis as a tool for strategic planning of large-scale real estate development projects

2018 ◽  
Vol 170 ◽  
pp. 01015 ◽  
Author(s):  
Elena Gusakova
Keyword(s):  
Life Cycle ◽  
Real Estate ◽  
Large Scale ◽  
Development Project ◽  
Real Estate Development ◽  
Development Projects ◽  
Full Life Cycle ◽  
Adaptive Capabilities ◽  
Negative Effect ◽  
Construction Organization

Conceptual planning and implementation of large-scale real estate development projects is one of the most difficult tasks in the organization of construction. In the Russian practice, a large experience of development, complex reorganization and redevelopment of large development areas is accumulated. The methodological basis for solving similar problems is the organizational and technological genesis, which considers the development of the project during the full life cycle. An analysis of this experience allows us to talk about the formation of new and effective approaches and methods within the organizational and technological genesis. Among them, the most significant and universal approaches should be highlighted: The concept of real estate development, which explains the reasons and objective needs for project transformations during its life cycle, as well as to increase the adaptive capabilities of design decisions and the project's suitability for the most likely future changes; Development project of joint action, which is based on the balance of interests of project participants; Master planning of the life cycle stages of the project and subprojects, based on the rethinking of the theory and methods of the construction organization, and allowing rationally localized construction sites and related subprojects, while retaining the remaining development and development area beyond of the negative effect of construction for comfortable living and work.

Techniques of Building Monolithic Moving that Avoiding Building Rubbish

2015 ◽  
Vol 737 ◽  
pp. 603-607
Author(s):  
Hua Ying Zhang ◽  
Rui Song Pan
Keyword(s):  
Real Estate ◽  
Large Scale ◽  
Development Process ◽  
Real Estate Development ◽  
Cultural Relic ◽  
Urban Adaptation

In large-scale urban adaptation and real estate development process, some protective cultural relic buildings and modern excellent architecture face the reality of being demolished, that will produce a large number of construction rubbish, pollute the environment , at the same time, cause a large number of resources waste. In this paper, the application of monolithic moving technique of building is introduced, which can not only save nature resources, but also maximum reduce pollution to the environment.

scholarly journals Heritage Protection versus Individual Interests in a Post-Socialist Country: the Case of Mšeno, Czech Republic

2015 ◽  
Vol 21 (2) ◽  
pp. 83-96 ◽  
Author(s):  
Vojta Nowotny ◽  
Alena Wranová ◽  
Jitka Trevisan
Keyword(s):  
Czech Republic ◽  
Real Estate ◽  
Large Scale ◽  
Socialist Country ◽  
Real Estate Development ◽  
Economic Decline ◽  
Built Heritage ◽  
Key Issues ◽  
Heritage Protection

Large-scale investment is routinely believed to be the main danger to urban heritage. The measures designed to sustain heritage thus traditionally focus on steering investment into respectful ways of real-estate development. The majority of Czech built heritage is, however, located in towns and villages that rather face economic decline. Losses of objects of heritage in such places are often due to lack of maintenance. The case study of this article discusses the issues of heritage protection and restoration of the Enlisted town zone of Mšeno, where affordability and communication of values are the key issues in heritage protection.

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