Hong Kong, London, Moscow, Singapore and New York account for 40 percent ($2.2 trillion), of all global UHNWI (ultra-high-net-worth-individuals) real estate holdings, according to Savills. Hong Kong tops the list with $798bn followed by London ($676bn). As real estate prices … Continue reading →
Retail sales in Berlin (adjusted for inflation) climbed 5.8 percent in 2013 compared with an increase of 0.1 percent in Germany as a whole according to Bloomberg (citing data from Berlin’s statistics office). Prime retail rents in the city rose … Continue reading →
George Soros and John Paulson are both taking ~$126m stakes in the flotation of Spanish property group Hispania Activos Inmobiliarios, according to the Financial Times. Hispania is seeking to list on the Madrid Stock Exchange as a real estate investment … Continue reading →
Samsung, intends to triple its bricks and mortar presence in Europe from its current 31 stores. The company will also open 90 additional kiosks within Best Buy stores in Canada, according to The Wall Street Journal. About What’s your money? … Continue reading →
Hong Kong Disneyland will spend US$550 million to build a 750-room hotel, increasing the total number of hotel rooms at the resort by 75 percent. The “exotic locations” themed hotel is expected to open in 2017. The are currently two … Continue reading →
The European Insurance and Occupational Pensions Authority (EIOPA) classifies assets into two categories: The Type A category of assets includes consumer-related products such as residential mortgages, auto loans/leases and SME loans. The Type B Category of assets includes most other … Continue reading →
Commercial property acquisitions in Germany totaled $42 Billion in 2013 – a 21 percent increase from 2012 and the highest level of volume since 2007,
Continue reading →UK commercial property values increased 0.9 percent from October to November, according to Bloomberg (citing data from Investment Property Databank Ltd.). Man can focus on performing rather than suffering from erection problem should take the prescription before making purchase of … Continue reading →
Tesco –Britain’s largest supermarket chain by market share – reported a 1.5 percent decline in UK sales for Q3-2013. Sales numbers were also down by 5.1 percent in Tesco’s stores in Asia. In October the company reported a 23.5 percent … Continue reading →
Demand for commercial property is on the rise in Accra due in part to Ghana’s burgeoning oil industry. The average retail rent in Accra increased by 50 percent over the past year to about $5.60/sf, compared to $2.88/sf in Namibia … Continue reading →