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: May 16, 2016

Japan: Mori moving forward with two long-awaited projects in Roppongi

Mori Building is moving ahead with two major high-rise redevelopment projects in the Roppongi and Azabu/Toranomon districts – the Roppongi 5 Chome Redevelopment and the Toranomon-Azabudai Redevelopment. Read more on: japanpropertycentral.com ...

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GLOBAL: May 16, 2016

Australia: Why elections are a good time to buy

IT’S often the case that everything grinds to halt around election time, but could it actually be the best time to buy a property? Read more on: www.news.com.au ...

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GLOBAL: May 16, 2016

Canada: Bluesky Hotels to buy Canada’s InnVest for $2.1 billion

The board of trustees at InnVest, a Canadian hotel owner, are supporting a friendly $2.1 billion takeover by a private company backed by Hong Kong capital. Read more on: www.bnn.ca ...

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GLOBAL: May 16, 2016

Egypt: Abraj Misr signs $33 mln contracts for ‘The Shore’ in Egypt’s North Coast

Egypt-based real estate developer, Abraj Misr has signed construction contracts worth 300 million Egyptian pounds ($33million) to implement more works in its North Coast project, The Shore, its Commercial Director Tarek Bahaa said Tuesday. Read more on: ...

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GLOBAL: May 16, 2016

South Africa: Bookbuild raises R1.1bn for Resilient in eager market

Mall owner Resilient real estate investment trust has raised R1.1bn in an oversubscribed bookbuild, exceeding management's target by R300m. Read more on: www.bizcommunity.com ...

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GLOBAL: May 16, 2016

UAE: Expo 2020 Dubai reveals master plan

DUBAI, 10th May, 2016 (WAM) – Expo 2020 Dubai revealed its master plan displayed at the two-day Arab Media Forum which opened today at the Dubai World Trade Centre. Read more on: www.zawya.com ...

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GLOBAL: May 16, 2016

Australia: ’Versace house’ smashes price record

LOCALS call it the `Versace House’ — and now this palatial West Pennant Hills mansion has a price tag to match. Read more on: www.news.com.au ...

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GLOBAL: May 16, 2016

South Africa: How Sub-investment Status Could Impact Sa Property

Moody’s Investors Service rating agency recently affirmed the country’s status at two notches above sub-investment or junk status, but gave the country a negative outlook. Read more on: www.property24.com ...

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GLOBAL: May 16, 2016

USA: How to Invest in Co-Working Spaces

As the shared economy continues to evolve companies – both big and small – are managing their expense lines and testing new urban markets with co-working spaces. Read more on: money.usnews.com ...

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GLOBAL: May 16, 2016

Canada: British Columbia unveils new rules to limit real estate ‘shadow flipping’

For the first time in almost two decades, British Columbia will require real estate purchasers to disclose citizenship details starting next month, as Metro Vancouver’s red-hot housing market fuels concerns about foreign investment. Read more on: www.theglobeandmail.com ...

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