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

Hong Kong: KAISA HOLDINGS FILES FOR BANKRUPTCY IN US AS RESTRUCTURING STRUGGLE CONTINUES

Shenzhen-based Kaisa Group Holdings has filed for bankruptcy in the US, in the latest chapter of the Hong Kong-listed developer’s attempt to restructure its debt obligations. Read more on: www.mingtiandi.com ...

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GLOBAL: May 16, 2016

Australia: Bought for $74,000, sold for $7.4 million

THE home of well-known Watsons Bay local Billy Dunn has sold for $7.45 million at auction, well above its original $6 million price guide. Read more on: www.news.com.au ...

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GLOBAL: May 16, 2016

Philippines: 5 things the Philippines presidential front-runner Duterte could do for real estate

Can the tough-talking mayor improve the property sector? Read more on: www.property-report.com ...

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GLOBAL: May 16, 2016

South Africa: Location, most important aspect when purchasing property

Location is one of the most important aspects to consider when purchasing a property, regardless of whether a property professional works with commercial or residential assets. Read more on: www.bizcommunity.com ...

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GLOBAL: May 16, 2016

Canada: Real estate developer sentenced to jail in landmark case

Michael Jerome Knight is appealing 12-month sentence for violating real estate and securities laws Read more on: www.cbc.ca ...

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GLOBAL: May 16, 2016

South Africa: How to spot a real estate buyers’ or sellers’ market

Just about everyone knows that the real estate market is cyclical - or that there is sometimes more demand for homes than the supply of properties for sale, and sometimes an oversupply because demand has dropped off. Read more on: www.bizcommunity.com ...

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GLOBAL: May 16, 2016

Turkey: WHEN IS THE RIGHT TIME FOR BUYING REAL ESTATE?

If you are in search of house in order to get rid of rental fee or just for investment, you may always think about one specific question: “ When is the right time for buying a real estate?”. Read more on: blog.istanbulinvestments.com ...

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GLOBAL: May 16, 2016

USA: 5 Ways to Sell Your Denver Home Fast

Denver is one of the hottest residential real estate markets in the country. Low housing inventory and high demand have made the Mile High City undeniably a seller’s market, where bidding wars are common and buyers need to bring more to the table than ever before. Read more on: realestate.usnews.com ...

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GLOBAL: May 16, 2016

Hong Kong: GAW CAPITAL LOOKING FOR $400M IN JAPAN DEALS AND MORE GREATER CHINA REAL ESTATE HEADLINES

Hong Kong’s most active private equity shop is turning its attention to the land of the rising yen after turning some successful deals in China and the US. Back on the mainland, Shanghai home prices have reached a record $6,000 per square metre while the nation’s largest developer try to find a use for $461 billion in unsold housing. Read more on: ...

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GLOBAL: May 16, 2016

USA: Wage Growth Buoys California Housing Affordability Index

According to the California Association of Realtors, higher wages and lower seasonal home prices combined to push California housing affordability higher in the first quarter of 2016, compared to the previous quarter. Affordability was flat when compared to the previous year as rising home price offset income gains. Read more on: ...

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