Hong Kong real estate rates have risen by more than 50 percent since 2009 due to high demand and constricted supply. The Economist reports that the government in Hong Kong has a monopoly on land and the amount of land … Continue reading →
Hariharan Ganesan writes for the Jones Lang LaSalle Blog that continued development and improving transparency in the real estate markets of the southern Indian cities are propelling places such as Bangalore, Chennai and Hyderabad to a global status alongside Mumbai … Continue reading →
Austere lending policies and an overall atmosphere of caution are keeping demand restrained in the UK. The Wall Street Journal, citing data from the Royal Institution of Chartered Surveyors (RICS), reports that rents are expected to fall again across England … Continue reading →
Alex Finkelstein reports for the World Property Channel that developers Guangzhou R&F Properties Co. and Poly Real Estate Group Co. plan to add 18.3 million square feet of Class A space to Guangzhou’s inventory this year. About 90 percent of … Continue reading →
Forbes reports that New York-based real estate investment firm GTIS Partners (Golden Tree InSite Partners) has brought in a total of $810.2 million from 24 institutional investors to put toward real estate projects in São Paulo and Rio de Janeiro … Continue reading →
Bloomberg Businessweek reports that BOS International of Lloyds Banking Group Plc is selling its distressed loans with the intention of leaving the commercial property market. The distressed loans are worth $2.2billion (A$2.1 billion) at face value. The sale will take several … Continue reading →
The Wall Street Journal reports that officials in the southern Chinese city of Guangzhou are being more aggressive in enforcing laws that prohibit foreign individuals (including residents of Honk Kong, Macau and Taiwan) from buying commercial real estate. Retail property … Continue reading →
Property Magazine reports that UK commercial property values were weaker in February. All property total returns were 0.1 percent with capital values down 0.4 percent. The retail sector had a total return of -0.1 percent. Office space was at 0.2 … Continue reading →
Reuters reports that the Egyptian economy is showing signs of stabilization and rebound following the political turmoil that led to the ouster of former president Hosni Mubarak. A recent court ruling ended a dispute surrounding state land purchased by Talaat … Continue reading →