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: July 20, 2016

India: App Powered Smart Home Automation Is Going To Change Indian Homes

Among several smart home powered companies popping up to take advantage of a burgeoning trend toward home automation in urban India, one Gujarat-based outfit believes they can provide something new through app-powered smart homes. Read more on: www.forb...

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GLOBAL: July 20, 2016

UK: Which five London boroughs are actually in demand for homebuyers?

Before the referendum, many pointed to London as the property market that would be hit hardest by leaving the EU. Its luxury market had been weakening, a victim of stamp duty hikes for both high-value properties and investors. That has been compounded by political and economic uncertainty, and the threat of City jobs being moved abroad. Read more on: ...

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GLOBAL: July 20, 2016

Australia: Mornington and Geelong property markets growing faster than Melbourne

Property owners in Melbourne’s east are riding a price wave down the Port Phillip Bay coastline; cashing in soaring capital growth and sailing into the Mornington Peninsula and Geelong with money to spare. Read more on: www.domain.com.au ...

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GLOBAL: July 19, 2016

UK: UK property asking prices drop 0.9% since June

Rightmove says July’s fall is marginally larger than the usual summer slowdown, but within range seen since 2010 The average asking price of homes coming on to the market in England and Wales has fallen since mid June, according to property website Rightmove, with the Brexit vote exaggerating the usua...

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GLOBAL: July 19, 2016

UAE: Dubai drafts new laws for property rentals, auctions

The Dubai government plans to enact a new law to regulate the rental of different types of property for the first time, from residential to commercial to retail. Read more on: www.arabianbusiness.com ...

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GLOBAL: July 19, 2016

Canada: Toronto high-rise real estate still a great place to invest in

Despite the sobering tales of continuous price growth across all types of housing, an industry guru maintained that Toronto condos remain viable investments for those looking to augment their household incomes. Read more on: www.canadianrealestatemagazine.ca ...

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GLOBAL: July 19, 2016

China: China home price growth cools in June following curbs in smaller cities

Fewer Chinese cities reported gains in new home prices in June, amid an expansion of government curbs in second-tier cities designed to cool the market. Read more on: www.scmp.com ...

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GLOBAL: July 19, 2016

Australia: Rambling luxury estates

THERE’S plenty to keep you occupied apart from the homes on these rambling estates, from polo grounds, equestrian facilities to fully stocked man-made lakes and tennis courts. Read more on: www.new...

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GLOBAL: July 19, 2016

USA: DID ANBANG’S FAILED STARWOOD BID LEAD TO HIGH-YIELD SALES WINDFALL?

China’s Anbang Insurance lost the $13.6 billion battle for Starwood Hotels and Resorts in April, but the prolonged campaign to acquire the global hotel group may have helped drive a sales surge that has transformed the 12-year-old privately-held group into the mainland’s largest seller of insurance. Read more on: ...

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GLOBAL: July 19, 2016

UK: Prices of luxury London homes ‘could fall as much as 50pc’

House prices in the most expensive postcodes of central London could fall by as much as 50pc, according to analysis by Société Générale. Read more on: www.telegraph.co.uk ...

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