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.
Japan: 875-room hotel complex planned for Roppongi
APA Group, a major Japanese developer and hotel operator, has acquired a hotel development site in Roppongi 2 Chome in central Tokyo. Read more on: japanpropertycentral.com ...
Read more.UAE: NREC Q1 net profit up 9.8 pct to KD 3.6 mln
KUWAIT CITY: National Real Estate Company (NREC), a leading regional developer with development projects exceeding $1 billion in Egypt and the UAE, announced first quarter net profits of KD 3.6 million, an increase of 9.8% from the same period last year. The company's positive outlook for bottom-line growth was kept unchanged for 2016. Read more on: ...
Read more.China: 5 Reasons Why Investors Shouldn’t Cheer China’s Property Market Recovery
The recovery in China’s property market in the first four months this year is giving a lift to economic growth and should continue for a few quarters, but the drawn-out correction in the property market still has a ways to go. Housing sales rebounded in 2015 and showed a sustained pick-up from January to April 2016, contributing to the halt in the rise in inventories of unsold properties. Builders have also surprisingly stepped up the pace of construction. But investors shouldnâ€...
Read more.South Africa: Where to find a solid property investment
South Africa’s listed property space has seen robust activity over the past year, with eight new listings amid the threat of higher interest rates. Read more on: www.fin24.com ...
Read more.UAE: Sharjah Holding awards Al Narjis construction to Al Qabdah
Sharjah - Sharjah Holding PJSC ( Sharjah Holding ), a strategic partnership between the government of Sharjah and Majid Al Futtaim Properties , today announced it has awarded the first stage of the construction contract for the new Al Narjis neighbourhood in Al Zahia, the first residential gated community in Sharjah, to Al Qabdah Building Contracting. Read more on: ...
Read more.USA: Billy Joel to sell one of his Florida mansions
Singer Billy Joel has dropped the asking price for his Manalapan estate in Florida to $US27 million. Read more on: www.realestate.com.au ...
Read more.Video: South Florida Market Focus – Year End 2015
by MIAMI Association of REALTORS® ...
Read more.USA: IS WITKOFF TELLING SHANGHAI’S GREENLAND GROUP TO PREPARE FOR A STORM IN NYC?
China’s Greenland Group may come to regret investing in the renovation of New York City’s Park Lane Hotel. At least, that’s a parsing of statements from its main partner on the project, who recently reiterated his conviction that sales are on slowing investment in the New York development market. Read more on: ...
Read more.Australia: Melbourne auction market remains steady as first home buyers rise
"Melbourne’s auction clearance rate steadied on the weekend following recent falls, with cuts to mortgage rates yet to significantly impact market activity." Read more on: www.domain.com.au ...
Read more.Italy: A new luxury hotel to open for business in Torno, Lake Como, with Venezuelan capital
It was an American client staying at his hotel who told Luis Contreras – a Venezuelan entrepreneur owner of the luxury hotel Le Sereno in St. Barths – that Villa Flora on Lake Como was on sale. Read more on: www.italy24.ilsole24ore.com ...
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