Singapore private home prices still ahead of HK, Sydney as immigrants bolster demand
PRIVATE homes in Singapore continued to be the most expensive to own in the Asia-Pacific, outpacing Hong Kong and Sydney, based on...
NYC pension to invest US$60 million to preserve affordable housing
NEW York City’s US$86 billion pension fund for civil employees is investing in a non-profit-led partnership that took on property loans tied...
UK’s Assura, USS team up on NHS community health buildings
UK PROPERTY developer Assura is forming a £250 million (S$428 million) joint venture with Universities Superannuation Scheme aimed at boosting investment in...
Evergrande founder’s seized HK mansion sells at discount
CHINA Evergrande Group chairman Hui Ka Yan’s former mansion in Hong Kong was sold at a significant discount, according to a person...
Germany property trough worsens as foreign investors scale back
INTERNATIONAL investors are skirting German property deals as they dial back on a market in its worst crisis in a generation, potentially...
New York rents are so high that only 5% are affordable for the average salary
SOARING rents and high upfront costs mean that fewer than 5 per cent of New York City apartments were affordable for the...
Lendlease Reit could divest Jem office tower but still ride Jurong growth story with mall
LIKE some of its real estate investment trust (Reit) peers listed in Singapore, the manager of Lendlease Global Commercial Reit (LReit) could...
Netflix’s new real estate show airs amid luxury market slowdown
NETFLIX has swapped the Hollywood Hills for the manicured squares of Mayfair in its new real estate show Buying London, the UK’s...
China land sales hit eight-year low as housing slump worsens
CHINA’S local governments raised the least revenue from land sales in eight years, another sign of the nation’s deepening housing crisis that...
China developer Vanke gets new loan pushing total to US$1 billion
CHINA Vanke, one of the nation’s few real estate giants that’s yet to default, has gotten a fresh loan, pushing recent bank...