Global Real Estate

Carlyle Group LP raised $4.2 billion for its seventh U.S. real estate fund, meeting the top end of its target range, in preparation for more property purchases at a time when prices are at record levels. The firm will expand investments in apartment buildings, along with its other areas of focus: warehouses, offices and retail properties in major markets, said ...

Pharmaceutical billionaire Cyrus Poonawalla has bought a former maharaja’s mansion in Mumbai from the US government for around 7.5bn rupees (£73m), making it the most expensive ever residential purchase in the country. The 50,000 sq ft seaside mansion was used as the US consulate from 1957, and later renamed Lincoln House. It was put on the market four years ago, ...

British holidaymakers fear they’ve lost their life savings after paying up to £85,000 for beach flats that have never been built, Money Mail has learned. Scores of Britons were convinced to buy luxury apartments at the Oasis Marina resort in Hurghada on Egypt’s Red Sea coast — but many now face financial ruin because it’s still nothing more than a ...

If football is the most popular sport in the world, shouldn’t a stadium be the most visited place or probably the most amazing site in the world? When I was still a child I thought stadiums had the largest convergence of people in the world. Now that I’m old and the sport has gained more popularity, I don’t think that ...

Chinese purchases of Australian property have dropped significantly in the past month, according to agents, as buyers struggle to shift money out of the country following Beijing’s move to tighten capital controls. One Chinese agent said the latest efforts by the central government to avoid large capital outflows were having a “significant impact” on his business. “It has affected 70 to ...

Caitlyn Jenner unveiled her newly refurnished Malibu home that reflects her own style in the finale of her reality show Caitlyn Jenner was feeling all white during the season finale of I Am Cait. The documentary series star redecorated the Malibu mansion where I Am Cait has been filmed and unveiled the home’s new look on Sunday’s episode. Jenner’s living ...

Exciting developments in global real estate, as faded rapper 50 Cent announces imminent completion of a new project with a short Instagram video. The film is somewhat jerky, but features a substantial property with a very green swimming pool and a fairly lingering shot of a worker dutifully sweeping the grounds. Watch video below:   My crib is almost finished in AFRICA. I'm gonna have the craziest ...

One of Africa’s leading property services firms‚ Broll Property Group, scooped eight awards in the Euromoney Real Estate Awards 2015‚ and was named the number one advisor and consultant in Ghana‚ Nigeria and SA. The Euromoney Real Estate Survey Awards recognise excellence in the real estate sector and the awards are based on responses to detailed questionnaires by a broad ...

REFUGEES HOUSING IN NEW ZEALAND – Canterbury parishes have joined churches across New Zealand offering support for hundreds of additional Syrian refugees. Leaders of Anglican, Baptist and Catholic churches called on the Government to increase its quota and committed to helping provide housing, resettlement and language assistance for more than 1200 additional refugees. The churches’ call comes as the crisis ...

Jennifer Hawkins has sold off another investment property, no doubt given the looming rebuild of her forever home on the Newport waterfront. Hawkins has pocketed $731,000 for her three-bedroom house in the Newcastle beachside suburb of Merewether, sacrificing what records show was a weekly rental return of $530. Hawkins had bought it eight years ago for $620,000. The former Miss Universe ...