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 11, 2016

Canada: Do you really want to break that mortgage? It could be more painful than you think

It’s the type of break that could cause you more pain than you imagined. Read more on: business.financialpost.com ...

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GLOBAL: May 11, 2016

Australia: Toorak mansion owned by Smorgon family could be Victoria’s most expensive home

Behind ivy-cloaked walls and ornate iron gates sits a Toorak mansion belonging to the Smorgon dynasty that is expected to be the most expensive property ever sold in Victoria. Read more on: www.domain.com.au ...

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GLOBAL: May 11, 2016

Saudi Arabia: Saudi-Canadian PPP to build $133m hospital

King Saud University is partnering with a Canadian company to establish the first public private collaboration in the health sector, it has been reported. Read more on: www.arabianbusiness.com ...

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GLOBAL: May 11, 2016

Poland: Redefine sees Polish growth opportunities

Redefine Properties says it already sees prospects for expansion in its first venture into eastern Europe. This comes after it recently snapped up a portfolio of assets in Poland for nearly R20bn. Read more on: www.bizcommunity.com ...

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GLOBAL: May 11, 2016

Indonesia: Lombok doesn’t have to become the next Bali – here’s why

Indonesia’s next premier resort destination is ready to stand on its own Read more on: www.property-report.com ...

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GLOBAL: May 11, 2016

UAE: Hilton’s man in the Middle East

After five years at the helm of one of the largest hoteliers in the Middle East, there are few, if any, in hospitality that would not recognise Rudi Jagersbacher. The charismatic Austrian has been regularly ranked among the most influential in the sector, while he has introduced three new brands, opened scores of fresh hotels and orchestrated entry into 16 new markets since 2011. Read more on: ...

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GLOBAL: May 11, 2016

USA: Bill would offer tax break for some homeowner association payments

They are a giant presence in American real estate, but they get short shrift in the federal tax code: the estimated 340,000 communities across the country that are governed by homeowner associations and are often subject to a form of double taxation. Read more on: ...

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GLOBAL: May 11, 2016

Toronto: Priced out of detached homes, Toronto buyers turn to condos — even in the suburbs

A new study out Friday suggests the record pricing being fetched for single detached homes is forcing buyers in Canada’s largest cities to seek condominiums even in the suburbs. Read more on: business.financialpost.com ...

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GLOBAL: May 11, 2016

Africa: SA investors to continue targeting CEE region – JLL

According to JLL, the attractive yields and low interest rates of the real estate industry in Central and Eastern Europe (CEE) will continue to entice South African investors. Read more on: www.bizcommunity.com ...

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GLOBAL: May 11, 2016

Philippines: Why Metro Manila remains PH’s real estate hub, despite its many problems

More and more apartment buildings are popping up in cities around the country, but that doesn't mean they're getting more affordable. A large number of these developments are very upscale, aimed at people who can afford some serious luxury. Read more on: www.property-report.com ...

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