So far in 2014, Chinese individuals and companies have purchased about $230 million in Japanese real estate, according to The Wall Street Journal (citing data from Jones Lang LaSalle). This represents a three-fold increase from 2013. The rise in Chinese … Continue reading →
Investment in the Russian commercial real estate market (both foreign and domestic) totaled $3.7 billion during the first three quarters of 2014, according to World Property Journal (citing data from Cushman and Wakefield). Of this amount, $3.4 billion (92 percent) … Continue reading →
A proposed pied-à-terre tax in New York aims to raise $665 million by requiring part-time or non-resident New York property owners to pay a 0.5 percent tax on housing valued at greater than $5 million. The tax rises incrementally to … Continue reading →
Seattle based online retailer Amazon.com, Inc. plans to open its first bricks-and-mortar store, according to The Wall Street Journal. Amazon is leasing space at 7 West 34th Street – a 12-story property owned by Vornado Realty Trust located across from … Continue reading →
A joint study by Rightmove and Oxford Economics predicts house prices in England will increase by 30 percent in the next five years. Price appreciation by region: Southampton: 42.9% Luton: 41% Brighton: 40.6% Swindon: 40.4% Enfield: 39.5% South of England: … Continue reading →
Since the 2010 economic recovery and related real estate boom, developers have initiated projects that would replace 23 gas stations across San Francisco,
Continue reading →Anbang Insurance Group Co., Ltd. intends to acquire New York’s Waldorf Astoria hotel from Hilton Worldwide Holdings Inc. for $1.95 billion, according to The Wall Street Journal. These include synthetic pills, herbal pills, supplements like vitamin C, cialis cheap fast … Continue reading →
News Corp. plans to make a $21/share tender offer for Move, Inc. – the third most trafficked website network for property listings in the US and operator of Realtor.com and Move.com – in the next 10 business days, according to … Continue reading →
The pro-democracy protests in Hong Kong are taking a toll on the city’s real estate and retail sectors. Shares of Sun Hung Kai Properties Ltd. – the city’s largest property developer – have dropped by 5.4 percent over the past … Continue reading →
Since September 25, 2009, housing prices have increased about 18 percent with most of the gain taking place in 2013 and later, according to Anthony Fernandez, writing for Seeking Alpha. Fernandez proposes that the increase in housing prices was This … Continue reading →