Akar Development has appointed Cracknell Landscape Architects to plan the green area of Cordoba Hills project.

A new shopping mall and an office building located south of Damascus have begun sales operations of their units.

Palmyra Real Estate Development Company has launched a new real estate development west of Aleppo, Tilal Al-Shams.

The Syrian-Kuwaiti Al-Jaz Group (SKJG) has announced the beginning of the sale of retail locations in the New City Mall, a shopping mall it is building in Aleppo.

The Abou Arab Haider Group, a local company is completing works on an 11-storey office and retail building south of Damascus.

  The implementation instructions for Law 15/2008 governing investment in the real estate sector were approved on October 7, 2009 more than a year after the Law was formally enacted.

Damascus had the 3rd most expensive retail rents in the Middle East according to a recent survey. 

Construction works at Majid Al-Futtaim’s Syrian development are now expected to start within 12 to 18 months, according to Peter Walichnowski, CEO of Majid Al Futtaim Development.

Mace Group of the UK has announced that it had been appointed by Bena Properties, the real estate development arm of Cham Holding to manage the construction of Bena’s Aleppo Crown project.

Works on the Gardenia Project in Homs will be completed by 2011, according to the company developing it, Gardenia Real Estate and Tourism Investment Company GRETIC).

Emaar-IGO has spent so far around SYP 6 billion (USD 127.7 million) on the construction of the Eighth Gate project, Sarhad Haffar, general manager of Emaar-Syria, said.

TREE AG, a Munich-based consultancy, has announced that it was selected to operate as a designer, consultant and manager of a commercial complex under development by Concord Al Sham International Investment Company.

Halcrow, an international consultancy firm based in the UK, plans to make Syria the regional hub of its operations in the Middle East, Haysam Jazairi, general manager of Halcrow Syria, has said.

Invest Group Overseas (IGO) will launch a new residential property development by the end of June, according to Anas Kuzbari, managing partner and CEO of the company.

The implementation instructions of Law 15/2008, governing investment in the real estate sector, are expected within weeks, according to Yasser Sibai, head of the Real Estate Development and Investment Commission.