Global Real Estate

Authorities in Beijing plan to develop a network of ventilation “corridors” to help tackle the city’s notorious air pollution, China’s state news agency Xinhua reported on Sunday. Construction in the zones, which will be created by connecting parks, rivers, lakes, highways and low building blocks, will be strictly controlled and obstacles to air flow will be removed over time, Xinhua ...

Before we weigh the pros and cons between a residential property and a commercial property, let’s define the two real estate terminologies. A residential property is any property that derives all or nearly all of its income from dwelling units. Single-family homes, multi-families, apartment buildings, condos, co-ops are all residential. For commercial property, we’ll use a typical layman’s definition: property ...

Realtor Knight Frank projects that Kenya will attract more foreign real estate investors seeking growth opportunities in the fast-growing African cities due to its investment hub status. Knight Frank’s Africa Hotspots bulletin states that these investors will increase their investments in Nairobi’s real estate market up to 2019, mainly banking on the projected rise in population and high spending patterns ...

The secret buyer of $110 million Hamptons property in an off-market deal is a Natural gas billionaire, Michael S. Smith, Page six has exclusively reported. Smith, who is chairman and CEO of Freeport LNG Development, is about to close on three Lily Pond Lan aerial view of Lily Pond Lane. Photo: Doug Kuntzne properties sold by hedge funder Scott Bommer ...

Beyoncé went all out with her Super Bowl digs over the weekend. Rather than opting for a hotel, the singer decided to stay in a plush $10,000-a-night rental home. She splashed out the huge amount on Airbnb for the 12-acre estate in Los Altos Hills, California, ahead of her performance at the halftime show at Levi Stadium with Coldplay and Bruno ...

Rescuers in Taiwan raced on Sunday to save more than 120 people still trapped under the rubble of a building after it collapsed during a powerful earthquake. Emergency workers worked around the clock to comb the ruins of the 17-storey building in southern Tainan city following a 6.4 magnitude earthquake in the early hours of Saturday. As rescue operations continued, ...

The biggest review into the housing market in more than a decade is being launched, as home ownership languishes at the lowest rate for nearly three decades, the Telegraph reports. The Redfern Review is being led by Pete Redfern, chief executive of house builder Taylor Wimpey, and is being backed by John Healey MP, the shadow housing minister. The review ...

Google has officially announced that it will be bringing gigabit internet to public housing properties in all cities that offer Google Fiber — for free. The company is started Wednesday with a property called West Bluff in Kansas City, its first-ever Fiber market. “We’ve wired all 100 homes with Fiber, and families can sign up today to access the Internet ...

Jacob Zuma, has proposed to partly pay for controversial state-funded improvements to his rural home. Mr. Zuma’s office said in a statement on Wednesday in Johannesburg that it was left for the auditor-general and finance minister to determine how much money he was liable to pay. Public Protector, Thuli Madonsela, said in a 2014 report that Mr. Zuma had “benefited ...

A suspended residential real estate agent has pleaded guilty to swindling his clients out of $2 million. A Victorian court heard Anthony Brancatella, 43, got out off his depth trying to ‘keep the bank off his back’. The former director of McDonald Real Estate in 2014 was investigated after complaints from clients claiming they had not been paid or had ...