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Global Real Estate

How a buyer should deal with a home inspection

home inspection

As a prospective real estate buyer, getting to the home inspection stage is one of the big milestones over the course of a real estate transaction. You may have walked through the home a few times and given it your own critical eye, but now the big guns are coming in to tell you just what you might be getting ...

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Blackstone exits investments in Synergy Property

Blackstone exits investments in Synergy Property

Blackstone Real Estate Partners, an affiliate of New York-based private equity firm The Blackstone Group, has exited its investment in Bengaluru-based real estate project management consultancy Synergy Property Development Services. “After seven years, there is a closure of fund and, hence, we bought 50 per cent of the 35 per cent stake Blackstone hold,” said Sankey Prasad, chairman and managing ...

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Ten Most Catastrophic Building Collapses In History

Building collapse is a disaster that often times does not occur naturally. This piece draws our attention to ten most catastrophic building collapses that shook the world from time immemorial with fatality that could have been worse than a natural disaster. Building collapse has become a constant feature among disasters that has rocked the world. In our part of the world, this worrisome ...

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Neighbourhood Effects of Industrial Land Use on Property Value

Industrial land use

Industrial land use is not more than 15% of total land use in Lagos, albeit its effect on residential buildings in surrounding areas is a clog in the wheel of residents. Land is fundamental to all economic activities. The supply and employment of land is central to the pattern and process of economic regeneration and restructuring. Traditionally, the land used ...

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What you should know before living on a contaminated land

According to Wiki, a contaminated land contains substances in or under the land that are actually or potentially hazardous to health or the environment. A lot of people stand the risk of living on lands like this without knowing. Here is an opportunity to know. Areas with a long history of industrial production will have many sites which may be ...

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Chinese interest grows in Canberra real estate

China’s fiscal revenue

Real estate agents are reporting signs of growing Chinese interest in Canberra’s property market. Sydney and Melbourne have seen a boom in Chinese investment over recent years. But real estate companies have described a recent growth in interest from wealthy Chinese buyers in Canberra suburbs such as Gungahlin and Lawson. Developer Tony Pan has spent $132 million on properties in ...

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China property still attracting big money players

China property still attracting big money players

China’s ghost towns may spook retail investors, but big money players are still targeting the mainland’s property sector. For one, Ivanhoe Cambridge, the property arm of Canada’s second-largest pension fund Caisse de depot et placement du Quebec, is looking to increase its investments there. While acknowledging that the mainland suffers from “shadow cities” and overbuilding, “we have also seen a ...

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Top UK markets for property investment

Experience Invest looks at the best UK property investment markets When considering buying a buy-to-let property, investors should try to look for a balance between low property prices and high rental returns. London-based property agent, Experience Invest has rounded-up the top UK markets for property investment based on rental returns. MANCHESTER Manchester is widely known as the UK’s second city. ...

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Conservatives’ London mayoral candidate calls for more affordable homes in London in housing bill

Conservatives’ London mayoral candidate calls for more affordable homes in London in housing bill

Zac Goldsmith, the Conservatives’ London mayoral candidate, has said he will propose amendments to the government’s housing bill to require local authorities to build two affordable homes for every one they sell off in London. Speaking during the bill’s second reading in the Commons, the Tory MP said he supported the proposed legislation in principle, but that it needed amending ...

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