Cityscape Intelligence and Proleads link on ‘need to know’

Cityscape Intelligence and Proleads link on ‘need to know’

Full details of 4,000 plus projects to be added weekly to the region’s most
up-to-date online B2B real estate information service

With the economic downturn hitting the real estate industry worldwide, a new partnership is launched today that provides the most up-to-date information on construction projects in the Middle East, North Africa and India.

“In today’s economic climate, real estate investors need to know the exact status of projects both planned and under construction,” said Moira Robertson, Project Director of Dubai-based Cityscape Intelligence, the leading global real estate information service. “Our new partnership with Proleads provides the most accurate construction project database in the region, added to our comprehensive online service, with updates provided on a weekly basis.”

Proleads maintains an active database of more than 8,000 projects of all types across the Middle East, North Africa and India with a total value of over US$6 trillion and has become the most internationally quoted and accurate reference source on the region’s construction market.

The Cityscape Intelligence information service alone filters 2,500 global news sources updated every hour. It also maintains a searchable database with 37,000 real estate companies, providing extensive data on emerging markets. Cityscape Intelligence also produces editorial content and interviews with leading industry professionals.

“In the current climate where global real estate investors need to know the status of projects, either planned or under construction within emerging markets, and developers need to have information for competitive and market analysis, an up-to-date and accurate projects database is needed more than ever,” Robertson added. “With the downturn, due diligence and thorough research needs to be undertaken before companies venture into new markets”.

The new projects database section on Cityscape Intelligence has more than 4,000 real estate projects with their status, construction value, completion date, and developer and contractors details listed – all fully searchable. The database is updated weekly and will cover projects from 2005 onwards in the Middle East, North Africa and India.

“We are working with Proleads to enhance our service because of market and subscriber demand,” Robertson said. “We currently have a registered community of more than 5,000 real estate professionals who use Cityscape Intelligence. We surveyed the market to see how we can improve our offering and an overwhelming majority said project status and completion dates were a true indicator of what is really happening in the real estate market.”

Emil Rademeyer, Director of Dubai-based Proleads, added: “Over the years we have developed the most up-to-date and detailed project information database in the emerging markets which we are now sharing in our partnership with Cityscape Intelligence. Our experience in the market and network of contacts means we can provide more accurate intelligence than services based outside emerging markets.”