Global Real Estate News

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Keep abreast of the latest global real estate news across 7 continents that impacts on your business.

GLOBAL: August 15, 2019

Dubai’s Sustainable City to cut 90% of single-use plastics by 2020

Single-use plastics are already banned at the offices of Diamond Developers and Sustainable City Visitor Centre. Dubai's Sustainable City, a mixed-use project developed by real estate firm Diamond Developers — the company behind the $544m (AED2bn) Sharjah...

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GLOBAL: August 15, 2019

Regulator aims to stabilize nation’s housing market

As Chinese property developers are flocking to issue offshore bonds, the nation's top regulator has stepped up efforts to prevent financial risks and stabilize the real estate sector, said experts. Chinese real estate enterprises issued 604.7 billion yuan ($...

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GLOBAL: August 7, 2019

UAE headed towards a ‘buyer’s market’ in the residential sector

The UAE residential market is expected to continue to face downward pressure over the next 12 months, according to JLL. With residential sale prices falling at a slower rate than rents, the UAE’s property market is likely to see an increasing number of end users buy ...

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GLOBAL: August 7, 2019

REAL ESTATE Developers to deliver 40% more residential units in 2019 in Romania

Real estate developers will deliver in 40% more new housing units in 2019 compared to 2018, according to data from real estate consultancy firm Imoteca – The Residential Experts. The deliveries will thus reach 14,000 units, up from 8,500 in 2018, according to data from...

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GLOBAL: August 6, 2019

UAE realty set to stabilise

After facing headwinds during the first half of 2019, the UAE real estate sector is likely to stabilise over the next 12 months on the back of a series of government initiatives aimed at boosting sentiment and drive demand, property experts said. "Overall mar...

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GLOBAL: August 6, 2019

Indian real-estate developers at risk as credit dries up

INDIAN real estate developers are at risk of going belly-up as mounting stress in the nation's credit market dries up funding even for those willing to pay decade-high rates. "With the worsening shadow-banking crisis, borrowing rates for most developers have surged to the highest in more than a decade, in some cases about 20 per cent," said Amit Goenka, managing director of Nisus Finance Services, which lends to developers. "Even at that cost, capital availabilit...

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GLOBAL: August 5, 2019

Bahrain’s GFH acquires $100m property portfolio in US

GFH Financial Group, an investment bank based in Bahrain, acquired a portfolio of office buildings for $100 million (Dh367m) in the US, pushing the value of its investments in the US and the UK real estate sector to more than $1 billion. The acquisition was m...

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GLOBAL: August 5, 2019

Egypt- The Address Investments targets EGP 3.2bn sales by year-end

(MENAFN - Daily News Egypt) The Address Investments has achieved EGP 1.5bn in sales for developers in different new cities during the first half (H1) of 2019, compared to EGP 1.4bn in H1 of 2018, the company's CEO, Amr Badr, told Daily News Egypt. He added ...

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GLOBAL: August 4, 2019

It’s real estate shining in UAE markets

Dubai: Equity traders in the UAE are ditching expensive banking shares and opting for relatively cheaper real estate stocks. Emaar Properties shed 22 per cent from April through May and has been on a gaining streak since, up 17 per cent from ...

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GLOBAL: August 4, 2019

Foreigners are snapping up real estate on a tiny Mediterranean island to get EU citizenship, and it highlights the significance of 2nd passports as status symbols among the wealthy

Malta's real-estate market is on fire. Thanks to a robust economy and government incentives to foreign buyers and businesses, the Mediterranean island's property market is one of the world's strongest, Ruth Bloomfield for The Wall Street Journal rep...

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