Global Real Estate

UK fights foreign Dirty Money in Real estate, cites James Ibori as an example Declaring “there is no place for dirty money in Britain,” U.K. Prime Minister David Cameron said Tuesday he will take on those using shell companies to invest ill-gotten gains in London real estate. The U.K. government came under criticism this week after an official at the ...

North Dakota, United States – Exxon Mobil donates $5m to North Dakota housing fund A subsidiary of Exxon Mobil Corp donated $5 million on Monday to a North Dakota government housing fund that subsidizes construction of low-cost apartments for teachers and emergency personnel in the state’s oil patch. XTO Energy will receive a 100 percent tax write-off for its donation ...

The Development Bank (AfDB) has approved a sum of $243m for road project within the Southern African, Zambia. The AIIB, with authorized capital of 100 billion U.S. dollars, is designed to finance infrastructure construction, as many countries do not have the capacity to fund the infrastructure upgrades they need. Impressed with the proposal to establish a China-Asian Infrastructure Investment Bank ...

We are about to share with you amazing and weird pictures and details of buildings/places you never thought existed. The only way you would have come across buildings in this article is probably watching a Hollywood movie. These pictures and info will hold you spellbound! If you are opportuned to take a tour round one of the buildings displayed below, ...

Global Firm reaffirms steady growth in Dubai’s real estate market Dubai continued to see steady supply growth during the first six months of the year, as performance within the residential and hospitality markets began to soften after a three year period of sustained growth, according to the Q2 2015 Dubai MarketView by global property consulting firm CBRE. According to the ...

Sadiq Khan pledges to ban ‘poor doors’ in London housing development. A Labour London mayoral candidate has pledged to ban so-called poor doors, where private and social housing tenants have separate entrances. Sadiq Khan said he had discussed with charities the need for a new approach to dealing with the capital’s chronic housing crisis. The use of separate doors to ...

Buying a house is generally an exciting adventure and could be painstaking for some when it looks like you are left with no funds after the buy. The thrill of finding a home that you and your family can enjoy, where you will raise your children, make friends – all the good things that home ownership entails. But there are ...

New York City’s real estate market is on pace to break a record this year with a projected $75 billion in land and building sales by the end of 2015, new data from brokerage firm Cushman & Wakefield shows. So far this year, sales volume is around $38 billion, the data shows. The record is $62.2 billion in 2007, the ...

A lot of people sell their properties without getting the right returns on investment probably because they leave renovations to the buyer which invariably reduces the value of such property. Once a decision is been made on the sale of a property, returns on investment should be top priority. To renovate or not to renovate? This is indeed the huge ...

AUSTRALIA: Despite tighter foreign investment rules, foreign buyers are snapping up existing Australian property at a faster rate A few months ago, the federal government announced new measures to make it harder for foreigners to get into the local housing market, but according to NAB, it hasn’t halted activity just yet. NAB’s latest Residential Property report reveals total foreign demand ...