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London (West End) World's Most Expensive Office Market; Hong Kong (CBD) Now Ranks Second

CB Richard Ellis Group, Inc. 06.05.2010
London (West End) World's Most Expensive Office Market; Hong Kong (CBD) Now Ranks Second

London's West End remains the world's most expensive office market, according to CB Richard Ellis Group, Inc. (CBRE) Global Research and Consulting's semi-annual Global Office Rents survey. Hong Kong's Central Business District (CBD) has risen to second place pushing Tokyo's Inner Central to third place. Mumbai is now in fourth position on the list while Moscow remains in fifth in the CBRE rankings, which tracks occupancy costs for prime office space in 176 cities around the globe.

Australia tightens rules for foreign property buyers

Australia Saturday clamped down on foreigners buying property after complaints that a rapid influx of Asian money had helped make its housing among the most expensive in the world.

Thailand's big developers are getting bigger

In the residential market, Thailand’s top eight developers have seen their collective share expand to 49% in 2009, from 34% in 2008, even as the overall residential market contracted last year by as much as 10%, said Prateep Tangmatitham, the president of Supalai Plc.

Niche's New Listing: Royal Waterfront Villas

Newly launched on the Thailand property scene, the aptly named 'Niche Real Estate', is an upscale boutique property agency, providing personalized services to the expanding demand for “niche” properties on the destination resort island of Phuket, Thailand.

Samui Beach Village Ltd Launches Samui Beach Village Resort & Ocean Rooms

With much anticipation, Samui Beach Village Ltd proudly welcomes the newest addition to its already highly successful Luxury Villa Rentals Collection, announcing the launch of Samui Beach Village Resort and Ocean Rooms, Koh Samui, Thailand.

New Hotel, Cultural Park and Floating Market Development in Bangkok

Mai-BS (Thailand) works with Mandarin Company from Israel for a new and truly “green” hotel development

Centara rebranding for entire Astudo Hotels & Resorts Group portfolio

Following the acquisition of the management of the Astudo Hotels & Resorts Group, Centara Hotels & Resorts has announced the rebranding of all 12 Astudo properties to be under Centara name, effective from 01 April 2010.

Phuket developer accused of alleged Bt200 mln fraud

The British chief executive officer of a property development company in Phuket is accused of allegedly defrauding more than Bt200 million from investors. The CEO denies the accusations.

Thai government extends property tax relief for homebuyers

The Thai government on Tuesday extended some property tax relief measures for two months to the end of May in order to help homebuyers.


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