Global Real Estate

Property prices rose again last month, according to the latest official figures. However, there were strong signs the annual rate of inflation may be moderating following the introduction of new lending restrictions. Figures from the Central Statistics Office (CSO) show residential property prices nationally rose by 0.5 per cent in May and are now 13.8 per cent higher than a ...

The Queen’s commercial property empire has nearly doubled in value over the last decade, and last year alone delivered £285m in profits into the Treasury’s coffers. The Crown Estate Company, run by regeneration specialist Alison Nimmo, owns Regent Street and much of St James’s in London, along with Windsor Great Park, large swaths of farmland and the seabed around the ...

Overseas buyers snapped up more than $100 billion in U.S. real estate over the past year, as the foreign wealthy sought safe shelter for their fortunes. According to the National Association of Realtors, sales of U.S. residential real estate to overseas buyers between April 2014 and March 2015 reached a record $104 billion, or about 8 percent of total existing ...

Sydney’s real estate boom may be ending soon, says one of Australia’s largest property advisory groups. Valuers Herron Todd White have warned that Sydney’s property boom is into its dying stages, with a national property clock showing prices have peaked and may soon fall. The property clock is a simple measure to show where a market is in its price ...

Africa’s real estate has skyrocketed over the years and its presently on a high that needs to be fully exploited to produce the much needed bang it duly deserves. Though Africa’s real estate assets could contribute only few drops of water in the ocean of the world’s real estate enclave, its still an emerging market that has been noticeably rising ...

Comfort and style do not come cheap and buyers are willing to pay a lot of money for the comfort and status. Here is a rating and analysis of the most expensive apartments in the world.   1.   Sky Penthouse, Monaco, $400 million This is a five-story penthouse with sea views and a rooftop pool. The total area is of ...

John Legend’s real estate agent is on the move. Jason Walker, formerly of Douglas Elliman, decamped to Compass, and sources said he plans to list the singer’s Nolita pad next week. To date, Walker has sold more than $1 billion worth of real estate, Compass said. He joined Elliman in 2005 and was named Rookie of the Year that year. ...

Commercial real estate is booming in Ghana, a nation of 27 million people with a strong cultural heritage, plentiful resources, and a stable government along the west coast of Africa. Many corporations, such as General Electric, Caterpillar, and PricewaterhouseCoopers, are setting up headquarters in Accra, Ghana. As a result, the demand for training in commercial real estate has grown exponentially. ...

China ranks as Australia’s top foreign investor when it comes to real estate, manufacturing, and mineral exploration and development, according to business intelligence consultants, Basis Point. According to their latest insights, there have been more than 25,000 Australian residential properties purchased by overseas Chinese over the past three years. Basis Point found real estate investment from China during 2013 to ...

Chicago homeowners on average will pay about $90 more in property taxes this year than last year, Cook County Clerk David Orr announced Thursday, with the increase driven in part by a tax hike for Chicago Public Schools.   Taxes on a Chicago home with a market value of $199,000 will go up from $3,237 in 2014 to $3,327, Orr ...