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.
Australia: Why falling property prices are bad news
OPINION It sounds too good to be true. Sydney property prices drop by 20% to a price low enough for you to swoop in and easily buy the house of your dreams. Read more on: www.realestate.com.au ...
Read more.Turkey: Foreign Investors Prefer Emlak Konut Shares
When the transactions of foreign investors in the month of June are looked at, it can be seen that they preferred the shares of Emlak Konut Gayrimenkul Yatırım Ortaklığı (REIC – Real Estate Investment Company) the most, with a net purchase of 17,8 million dollars. Read more on: ...
Read more.South Africa: More formal retail space available per 1,000 people in Pretoria East than other major cities
With its 50 shopping areas, Pretoria East has more formal retail space available per 1,000 people than other major cities. The area accounts for over 700,000m² of the ±3m-m² of formal retail space in the City of Tshwane and more are planned, posing the question, is this market oversupplied? Read more on: ...
Read more.Taiwan: Taipei 101 Tower Named World’s Greenest Tall Building
"Going Green" is going taller with Taipei 101 skyscraper earning the title this week of world's Greenest tall building. Read more on: w...
Read more.UK: Housing sales forecast to fall sharply this summer after Brexit vote
Royal Institution of Chartered Surveyors finds ‘significant’ decline in buyer interest in latest market survey The number of homes changing hands is expected to slump this summer in the wake of the UK’s vote to leave the EU, with estate agents and surveyors more pessimistic about t...
Read more.Canada: CMHC releases additional foreign ownership data
The Canada Mortgage and Housing Corporation released information on foreign ownership in Montréal in a bid to address “data gaps.” Read more on: www.canadianrealestatemagazine.ca ...
Read more.Germany: CBRE advises sale of Hyatt Regency Düsseldorf (DE)
CBRE Hotels has exclusively advised the German vendors, a joint venture of institutional and private investors, on the sale of the Hyatt Regency Düsseldorf hotel, to Primotel Europe, a European hotel fund, and Algonguin. With a volume exceeding €100m, this is the biggest single asset transaction in Germany so far this year. Read more on: ...
Read more.USA: U.S. Office Vacancy Rates Decline in Q2
According to CBRE Group, vacancy rates in the U.S. office market saw a modest decline of 10 basis points (bps) during the second quarter of 2016 (Q2 2016), dipping to 13.0%. Read more on: ...
Read more.Australia: House and unit rents drop in Brisbane: report
Brisbane tenants can breathe a sigh of relief with both house and unit rents falling, a new report shows. The latest Domain Group report showed tenants forked out $400 per week on median house rent over the June quarter, a welcome drop following last quarter’s record high of $410. Read more on: ...
Read more.UAE: Emaar says set to launch sales of Dubai Hills Estate apartments
Emaar Properties announced on Wednesday that it will launch an exclusive collection of homes in Dubai Hills Estate on Thursday. Read more on: www.arabianbusiness.com ...
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