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: 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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GLOBAL: May 16, 2016

South Africa: Experts meet at Western Cape Property Development Forum

The Western Cape Property Development Forum (WCPDF) will take place on Thursday, 12 and Friday, 13 May 2016, at the Crystal Towers Hotel, Century City in Cape Town. Read more on: www.bizcommunity.com ...

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GLOBAL: May 16, 2016

Turkey: SECTOR IS READY FOR FLAT URBANISATION

Instructions coming from the top of the government on the “flat urbanisation movement”, on which the state has been studying for a while, trigged the sector representatives. The state has started conducting a study based on flat urbanisation when skyscrapers, which are regarded as a must in ‘modern city’ setup have caused critical deformations in historical landscape of the cities. Read more on: ...

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GLOBAL: May 16, 2016

Japan: Plan to lure hedge funds to Japan finds reality not so enticing

In the heart of Tokyo’s old financial district, a small developer has a big plan to bring investors back to Japan. Read more on: www.scmp.com ...

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GLOBAL: May 15, 2016

India: Investors’ pain becomes buyer’s gain as housing prices stagnate

MUMBAI | NEW DELHI: A sharp decline in property price appreciation in top Indian cities has pushed investors out of the housing market in India, which has turned into an end users' paradise, thanks to stagnating prices and, in some cases, deeply discounted distress sales. Read more on: www.economictimes.i...

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GLOBAL: May 15, 2016

UK: Kuwait’s Global inks $288.5m UK real estate deals

Kuwait-based Global Investment House has completed the acquisition of the headquarters of the National Health Services (NHS) of Scotland in Edinburgh. Read more on: www.arabianbusiness.com ...

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GLOBAL: May 15, 2016

Australia: China’s $6.2 billion worth of Australian real estate will keep growing: Savills

China's $US4.6 billion ($6.2 billion)-worth of real estate investment into Australia last year will grow as the types of investors and their strategies diversify and become more specific, Savills says. Read more on: www.afr.com ...

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GLOBAL: May 15, 2016

Canada: TREB ruling will open housing market to innovation, tribunal says

Canada’s Competition Tribunal said it expects its ruling against the Toronto Real Estate Board (TREB) will unleash innovation in the country’s largest housing market, but predicted that sweeping changes would do little to drive down commissions. Read more on: www.theglobeandmail.com ...

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GLOBAL: May 15, 2016

USA: NAR Reports Metro U.S. Home Prices Enjoyed Steady Growth in Q1

Based on the latest quarterly report by the National Association of Realtors, an uptick in residential sales activity amidst meager supply levels upheld the trend of home price gains in an overwhelming majority of metro areas during the first quarter of the year. Read more on: ...

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