Real Estate
Real estate tycoons crowd list of wealthy Chinese: expert
Chen is one of the China's rapidly expanding "rich class". He has several properties in Beijing, including a grand courtyard house he uses solely to entertain friends and business associates.
U.S. Homebuilders Gain a Little Confidence in February
More encouraging news on the housing front, as the National Association of Home Builders Housing Market Index -- boosted by the federal homebuyer tax credit -- unexpectedly rose to 17 in February from 15 in January -- the first gain in five months...
US banks take hit to clear home loan books
Big US banks including Bank of America, Wells Fargo, JPMorgan Chase and Citigroup are moving to clear their books of troubled mortgages by embracing "short sales", in which homeowners settle debts by selling their properties for less than the mort...
Simon Property offers $10 billion for General Growth
NEW YORK (Reuters) - Simon Property Group Inc sought to pluck General Growth Properties out of bankruptcy on Tuesday, offering to pay $7 billion to creditors and nearly $3 billion to shareholders in a deal that would combine the two largest U.S. s...
30 Top-End Construction Projects Announced During Dec/ Jan
During the annual holiday season both December 2009 and January 2010 were short months construction-wise.
Home buyers have been 'taking advantage of market conditions'
Would-be home buyers in the UK have been taking advantage of the current property market conditions, it has been suggested.
Debt funds chase bank lending market share
LONDON (Reuters) - Banks keen to boost European commercial property lending in 2010 are under pressure to mend key client relationships that soured in the downturn, as a new crop of debt funds eye the sector, Brookland Partners said.
London Leads Office Property Recovery Among Financial Centers
Feb. 16 (Bloomberg) -- London’s commercial real-estate market has led a rebound from the credit crisis and global recession, according to CB Richard Ellis Group Inc.
UK property prices on the increase
Homeowners will welcome news that property prices throughout England and Wales are on the increase, according to a report compiled by the property company, Rightmove.
Builders use green technology to overhaul empty properties
Coleshill-based firm Frank Haslam Milan (FHM) West Midlands has breathed new life into a number of empty properties by kitting them out with carbon reducing green technology.
Figures show repossessions had less of an impact on real estate market than expected
More property owners in the UK had their homes repossessed last year than any time since 1995 but not in as large numbers as had been expected, the latest figures reveal.
9 real-estate deal breakers
Before you swoon over a new house or neighborhood, take a deep breath and evaluate your situation. Here’s what to keep in mind before emotions take control, so you can tell when a potential dream home is really a pig.
Centara offers meeting package at new Chiang Mai resort
Centara Hotels & Resorts has launched a value-added meeting package for its new Siripanna Villa Resort Chiang Mai property, which brings the cost of a meeting down to only Thai baht 1,000 net per person per day and which includes two coffee breaks...
Anantara Kicks off 2010 in Multiple Award Winning Style
Anantara Hotels, Resorts & Spas is celebrating a glowing start to the New Year, with a string of accolades highlighting the brand’s elite recognition by both the travel industry and consumers. Four Anantara properties have been named in Travel & L...
Trendy spacious lofts in Hong Kong creating an underground market
Rising rents and surging prices of apartments in Hong Kong are driving a trend towards converting older industrial and commercial buildings into lofts for residential living.
Strong recovery in real estate investment as investor confidence returns, says report.
Asian real estate investment markets posted a strong recovery in the second half of 2009 after witnessing a difficult start to the year, according to data released today by CB Richard Ellis. Investment turnover bottomed out in the first quarter bu...
BARTH: Obama foreclosure plan falters
Early in his term of office, President Obama set the standard by which voters should judge his administration, saying it would be tested by how successful it had been in ending the nation's economic downturn.
Investors plunking down cash for homes
Investors paying cash for houses accounted for one in four home sales during the past year in Sacramento County and West Sacramento, becoming dominating players in a distressed market and squeezing out scores of first-time buyers, 2009 statistics ...
Selling/Buying in California, 4 Reasons to Buy/Sell Now in Southern California
RIVERSIDE, CA Feb. 15 (FreeRateUpdate.com) – Selling a property in this tough market can seem like a challenge. Here are four reasons that actually make this a good time to post a For-Sale sign in California. We already know that with sparkling b...
Tenants left high and dry after Church of England abandons New York towers
When the Church of England walked away from a £40 million investment in a Manhattan apartment complex last month, it simply wrote off the entire amount, promising that “lessons would be learnt”.