Global Real Estate News
Description
Keep abreast of the latest global real estate news across 7 continents that impacts on your business.
Australia: Which pricing strategy will work for you?
"Think very carefully about your pricing strategy because it might just cost you. In a suffering Perth real estate market agents need to pull out all stops to get sellers the best price for their property. The way a home is priced – whether that be with no price, set-date-sale, offers from, a range, or via auction – is key." Read more on: ...
Read more.Australia: Brisbane apartment development to attract first home buyers
" A boutique development in inner-Brisbane will be ripe for young professionals, with prices starting from $389,000. The eight-storey development Oxy in Stones Corner will be launched by R&W Projects this month, and will contain 60 apartments." Read more on: www.domain.com.au ...
Read more.Australia: Sydney auction market records 80 per cent clearance rate as winter arrives
" The Sydney auction market greeted the start of winter with an extraordinary clearance rate, despite Saturday’s inclement weather. Sydney recorded a clearance rate of 80.1 per cent, well ahead of the 72.4 per cent recorded the previous weekend, but down on the 85.1 per cent reported on the same weekend last year. " Read more on: ...
Read more.Canada: Canada’s Real Matters seeking $100M in fall IPO: Report
"Real Matters, a provider of real estate industry data, is looking to raise at least $100 million in an initial public offering this fall that could value the company at close to $1 billion, according to two sources familiar with the situation. The Canadian company could raise as much as $200 million (US$154.48 million) but a decision will be made closer to the listing date, likely in September or October, said the sources, who spoke on condition of anonymity as the ma...
Read more.Australia: Melbourne’s most expensive apartments by price per square metre
"Like a fine bottle of plonk, experts say there’s a type of Melbourne apartment that only gets better with age. Research shows art deco and period apartments command a premium price per square metre compared to their post-90s counterparts; the kind Melbourne has produced in significant numbers over the last two and a half decades." Read more on: ...
Read more.Australia: Luxe beach house hits the heights
"If you have dreamed of an ocean view – and money is not a problem – then this property may be the ultimate beach house. Spread across what were once three beachfront blocks at Mermaid Beach on the Gold Coast, the three-storey house has a retractable copper roof, six bedrooms, seven bathrooms, an 11-car underground garage, theatre room and two kitchens." Read more on: ...
Read more.USA: DALIAN WANDA SELLS 20% OF UNITS IN $1BIL CHICAGO PROJECT
Dalian Wanda Group is off to a strong start on its first luxury hotel-residential joint venture in the third-largest city in the US, with its development partner reporting that 20 percent of its available condominiums were sold since the project’s April sales debut. Read more on: www.mingtiandi.com ...
Read more.Singapore: Sovereign wealth fund Qatar Investment Authority buys Asia Square Tower 1 for record $3.4b
"SINGAPORE - Sovereign wealth fund, Qatar Investment Authority (QIA), has agreed to buy Asia Square Tower 1 in Singapore's Marina Bay business and financial district from US private equity giant BlackRock for a record US$2.45 billion (S$3.4 billion). According to data compiled by JLL, the sale represents the largest single-tower real estate transaction in Asia Pacific to date, and the second-largest single-tower real estate transaction globally." Read more...
Read more.Hong Kong: Time is running out to find solutions to housing problems faced by Hong Kong’s rapidly ageing population
It’s a potential business opportunity that is attracting interest and a subject that cannot be ignored. While there has been plenty of discussion on Hong Kong’s rapidly ageing population, a solution to housing the elderly has yet to be identified so that a coherent policy can be implemented. Read more on: www...
Read more.UAE: Al Habtoor Group rethinking IPO plans, says CEO
"Al Habtoor Group, one of Dubai’s largest family conglomerates, is moving closer to an initial public offering (IPO), its chief executive has said. “We have all the documents ready, all that we need to do is to update all the information” to include revenue from the recently completed Al Habtoor City project, Mohammed Al Habtoor told Bloomberg." Read more on: ...
Read more.