Global Real Estate

Turkey said keeping in line with a UN Security Council decision, it has frozen the assets of Yemen’s former president, Ali Saleh. The UN Security Council had in November 2014 imposed sanctions on Saleh and rebel leaders, accusing them of destabilising the country. The government said in its official gazette on Thursday in Istanbul that Mr. Saleh’s assets remained frozen ...

According to the latest capital market research, Global real estate transaction volumes fell in the first quarter of 2016 in line with weaker market sentiment. However pockets of growth were registered in some regions with expectations for 2016 activity to stay broadly in line with 2015, says the report from Jones Lang LaSalle (JLL). Based on JLL’s preliminary data on ...

In most countries of the world, buildings are built based on adequate planning and strict adherence to the health and safety of the community. Constructing a building on your landed property will require due diligence. This is to ensure the structure is an acceptable model in the area where your land is located. For example, if an area is earmarked ...

Brookfield Asset Management Inc. raised $9 billion for its latest real estate fund, exceeding its $7 billion target and doubling its previous fund, as Asian investors and U.S. pension funds piled in to its fundraising efforts. Brian Kingston, chief executive officer of Brookfield Property Partners LP, said the funds are already 45 percent committed, including investments in the privatization of ...

Dubai is set to build a tower higher than the existing record-breaking skyscraper, the Burj Khalifa, which is presently the world’s tallest building. Construction for the new tower which is to be known as The Tower at Dubai Creek, will start at the end of June this year and is hoped to be finished before Dubai hosts the World Expo ...

London’s property market appears to be cooling down with research revealing that up to 40pc of houses for sale in some areas of the capital have had to cut their asking prices since coming to market. Earl’s Court, in west London, and Surbiton, to the south-west, had the highest proportion of price cuts in the capital, with 40pc and 38pc of properties for sale in the respective ...

Andrew Thornhill QC, a leading tax lawyer, was paid a bribe of £500,000 to act in a biased way to resolve a family property dispute, the high court has heard. The former head of Pump Court Tax Chambers in London has been accused of taking the payment from one side in the dispute despite being appointed as an independent expert ...

A New Jersey woman named Lakishette Williams accidentally set fire to her apartment after she found out her boyfriend was gay and was cheating on her with other men. She told police she accidentally set her apartment ablaze while burning love letters from the man. This happened in December and she was immediately arrested for arson after police found out ...

South India – An explosion caused by fireworks during a religious festival at a temple in India, Sunday, leveled several buildings, killed about 106 people and hundreds more injured in the southern Indian state of Kerala according to reports. P. T. Chacko, a spokesman for Chief Minister Oommen Chandy of Kerala, said that the fireworks display had been forbidden by ...

The British designer, who was born in Baghdad, Iraq, had a heart attack on Thursday while in hospital in Miami, where she was being treated for bronchitis. Known as the ‘Queen of the Curve’ Hadid was the first woman to win both the Pritzker Architecture Prize and the Royal Institute of British Architects Royal Gold Medal — two of the ...