Property
URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas
The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant
Hong Kong’s second-largest hotel risks being seized by banks
Lenders seek receivers for 1,200-room property to speed up sale and recover funds
UK house prices fall unexpectedly as market feels Iran war impact
Average mortgage rates have climbed by almost a full percentage point since the start of the conflict
UK’s spending watchdog shines light on royals and their properties
In its most detailed review yet, it examines agreements the family has with the Royal Household and The Crown Estate
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Paypal co-founder Peter Thiel’s family office pays record rent for top Miami tower
He is paying about US$250 psf for 18,158 sq ft of space, roughly five times the city’s average office lease
Fuji Media’s real estate unit attracts 1 trillion yen bids
More than 15 firms submit bids for Sankei Building
Lian Beng Group’s Ong family members pick up two bungalows in Belmont Road for S$60 million
The price works out to S$1,437 psf on the total land area of 41,741 sq ft
Jaleel family’s JD Properties buys 2 Australian hotels for A$100m
These acquisitions come just six months after the group’s purchase of a Brisbane property for A$34 million
Bank CEOs press Mamdani to get more New York housing built
Housing supply growth requires faster permitting, not extra cash
New Zealand home building hits 10-year low as house prices stall
The volume of residential construction falls 5% to NZ$17.6 billion in the 12 months through March