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Global Real Estate

2,500 new homes to be built in Northern Ireland after merger

Two of Northern Ireland’s housing associations have merged and have announced plans to build 2,500 new homes across the province. OakleeTrinity and Ulidia Housing Associations have formed what is now the largest housing association in Northern Ireland – Choice. Its £340m plans include the building of 2,500 new social and affordable homes in the next five years, as well as ...

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India: Govt launches ‘Housing for All by 2022’ scheme

Government on Wednesday launched its ‘Housing for All by 2022’ mission and approved a substantial increase in interest relief on loan for the urban poor to promote affordable homes. The Union Cabinet chaired by Prime Minister Narendra Modi accepted the recommendations of an Inter-Ministerial Committee to increase interest subvention to 6.50 per cent on housing loans to beneficiaries belonging to ...

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France to add thousands of housing units for asylum seekers

France unveiled plans on Wednesday to add 10,500 additional housing spots for migrants as European nations grapple with how to handle a wave of people crossing the Mediterranean. The government plans 5,000 housing units for people granted asylum in France, 4,000 for asylum seekers and 1,500 emergency slots for illegal immigrants. In seven years, the number of asylum seekers has ...

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Realtors Say Buyers From Nigeria See Cape Town As ‘Monte Carlo of Africa’

According to a story from News24 written by Bienne Huisman, Cape Town’s multimillion-rand trophy homes on the Atlantic seaboard are being snapped up by rich Nigerians, Angolans and Zimbabweans. Read more below: “Cape Town’s multimillion-rand trophy homes are being snapped up by rich Nigerians, Angolans and Zimbabweans who fork out top dollar for luxury sea-facing properties in Cape Town, which they consider ...

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US: Foreign investors pose threat to residential real estate

US To Track Secret Buyers of Luxury Real Estate

The negative impact of foreign investments in American residential real estate might have been badly overlooked by some U.S. government officials — and the potential harm it might cause is largely unknown to the average American. Reports from a variety of sources suggest that a housing recovery is taking place, though not at the pace expected. As of last month, ...

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5 Mysteriously Abandoned Mansions

We watch movies of sinister buildings and have felt fear even when we know it’s all fiction. However, some of us are of the notion that some of these movies are true life experiences written in an enhanced form. Coolinterestingstuff.com shared 5 mysterious haunted mansions you never knew existed. See them below: The Charles M.Sublett House on Millionaire Row in ...

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Canada: Online real estate innovator Zoocasa set to close its doors

Canadian housing market

Zoocasa, a huge online referral platform and discount brokerage in Canada, is going out of business later this month. Canadian telecommunications giant Rogers Communications Inc. launched the Toronto-based firm in 2008 as a real estate portal, but Zoocasa radically revamped its model in May 2013 when it became a licensed brokerage. The decision to transition the company from portal to brokerage was fueled by a ...

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Investors Flock to Pakistan’s First Real Estate Investment Trust

Investors piled into Pakistan’s first real-estate investment trust, which was launched last week with a public offer that was heavily over-subscribed, the REIT’s lead manager and analysts said on Thursday. The Dolmen City REIT offered investors a 25% stake in a 22.24 billion rupee ($218.5 million) shopping mall and an office complex at Dolmen City, one of the most prominent real ...

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Jamaica grabs attention as top option for second home in real estate rankings

Jamaica grabs attention as top option for second home in real estate rankings Jamaica has edged out Italy as the most popular real estate search outside of the United States (US), says President of the Realtors Association of Jamaica (RAJ), Edwin Wint. The development coincides with Jamaica’s addition to the US-based National Association of Realtors (NAR) database last year. Since ...

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Miley Cyrus sells family’s longtime home in Toluca Lake for $6 million

Miley Cyrus has sold her family’s longtime home in Toluca Lake for $6 million, property records reveal. The singer-songwriter-actress, who bought an equestrian ranch in Hidden Hills earlier this year, put the walled compound where she spent her teenage years on the market in January for $5.995 million. Originally purchased by her parents, country singer Billy Ray Cyrus and Leticia ...

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