Global Real Estate

Kenya’s authorities tore down a badly built residential block in a poor Nairobi district on Tuesday, one of more than 250 shoddy buildings that could now face demolition after a six-story structure collapsed this month killing 51 people. The Kenyan authorities have identified 258 buildings considered structurally at risk and which could be pulled down, leaving thousands of people to ...

Tenants pay huge sums for rent and sometimes they don’t get their money’s worth. Many of them have taken to social media under the hashtag #ventyourrent to share their horror stories. Ants flying out of the shower, beds overrun by spiders and bathrooms overrun by mold. For anyone, these problems quickly turn into nightmares. But for renters, it’s even worse ...

Formula One Heiress, Tamera Ecclestone revealed her two-year-old daughter Sophia’s luxury doll house to Hello! Magazine. The £10,000 playhouse was modeled on Tamara’s £70 million family mansion in Kensington, London and was a gift from her sister – Sophia’s aunt, Petra Ecclestone. Most little girls are delighted when they get their first playhouse, but two-year-old Sophia’s £10,000 toy is on ...

This luxury property built beside a hill on 10 Morgan Street, Brisbane, Australia comes with sweeping views of the Brisbane River and city centre. It houses five bedrooms, six bathrooms, an infinity pool, a six-car garage and excellent outdoor facilities. It is for sale and is expected to top the current record of $14million. See more photos below:

Mumbai residential real estate prices are expected to rise by 6 per cent in 2016 against a slow growth in 2015 when it went up by barely 3.3 per cent. The subdued rise in average residential property prices in 2015 in Mumbai came as a pleasant surprise as it was predicted to grow at 6-7 per cent (y-o-y). The average residential property prices ...

Employees at Binladen Group – a major construction firm in Saudi Arabia, set fire to nine company buses in protest over thousands of sackings and unpaid salaries. They had staged several demonstrations within Saudi Arabia’s Mecca region in recent weeks, with some workers claiming they have not received their wages after months of unpaid labour. To fuel their anger more, ...

A Sydney property owner has made a staggering $200,000 profit on his one-bedroom apartment in Randwick, after it was auctioned off on Saturday. The property was bought off-the-plan for $525,000 two years ago and ended up selling for $758,000, reported The Daily Telegraph. Bidding on the property, located at 3/201 Barker Street in Randwick, opened at $700,000 and rose in ...

Emaar Properties PJSC, the builder of the world’s tallest tower in Dubai, reported a jump in first-quarter profit after collecting payments from pre-sold projects and boosting sales in the emirate. Net income rose to 1.21 billion dirhams ($329 million), or 17 fils a share, from 1.03 billion dirhams, or 14 fils, a year earlier, the Dubai-based company said Sunday. That ...

For the perfect family summer retreat, look no farther than this four-storey, seven-bedroom domestic paradise located in affluent Costa Maresme, 22 miles north of Barcelona, Spain and overlooking a world famous golf course. It comes with a striking white color scheme with a terracotta slate roof, a perfect garden and swimming pool complete with bar area and dressing rooms, there’s ...

This palatial 20-bedroom mansion located in New York’s Upper East side has belonged to John Gutfreund, a onetime ‘King of Wall Street’ and his wife Susan since the 1980s. Gutfreund who was the former CEO of Salomon brothers died in March 2016 of complications from pneumonia at age 86 and his wife is now reportedly selling the apartment because it ...