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Global Real Estate

IDPs: Another case of homelessness

Returning IDPs To Their North-East Homes Could Trigger Fresh Conflicts - Expert

Internally displaced persons (IDPs) are people or groups of people who have been forced or obliged to flee or to leave their homes or places of habitual residence, in particular as a result of or in order to avoid the effects of armed conflict, situations of generalized violence, violations of human rights or natural or human-made disasters, and who have ...

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Sydney recognized as fourth most attractive real estate market

sydney’s housing boom

Sydney has been recognized as the fourth most attractive real estate market for investors across the globe, trailing behind power cities like London, Tokyo, and San Francisco which landed on the top three, respectively. The latest CBRE’s Global Investor Intentions Survey 2015 found Sydney to be on top of New York and Paris, a ranking that should be of no ...

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Despite election, UK housing market activity remains strong

offshore investment

Housing market activity in the UK was stronger across the board last month than at the same point last year, regardless of the general election, according to the latest research from valuers. There were 13% more property valuations conducted in April than a year ago, despite last month’s total dipping by 32% compared to March 2015, the data from Connells ...

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Egypt: World Bank approves $500M loan for social housing project

A new US$500 million project will improve access to homeownership and rental units for low-income households in Egypt. The Egypt Inclusive Housing Finance Program, approved by the World Bank’s Board of Directors today, will reach 4.2 million people, including an estimated 1.6 million beneficiaries living below the poverty line and generate an estimated 1.5 million temporary construction jobs over a ...

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Real Estate Brazil Registers Fall in Real Prices 2015

Yesterday we reported 50% fall in Real estate transactions, Dubai, Well, today its real estate Brazil. Purchase real estate prices all over Brazil have fallen a combined 3.47 percent in real prices the first months of 2015 according to the Fipe-Zap index. The index collected real estate prices in twenty Brazilian cities and measured them against inflation, registering monthly price ...

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Australia: Foreigners who buy property illegally to face severe fines

In the latest policy proposal by Prime Minister Tony Abott’s government’s tough new laws to combat the nation’s housing affordability crisis, which has been partially caused by foreign investors who have inflated housing costs and priced out local buyers, foreign investors who have purchased property illegally in Australia will have until the end of November to come forward to avoid criminal ...

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Dubai: Transactions in real estate fall by more than 50%

Dubai Real Estate Market Draws $15.5bn in First Hal -NREHf of 2016

Sales numbers in Dubai have been falling steadily since the end of last year after the Dubai government introduced tough new mortgage caps and higher transaction fees in an attempt to slow what had been one of the fastest rising housing markets in the world. The fall in volumes was one factor that prompted the consultancy JLL and the ratings ...

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XENOPHOBIA: A threat to South African Real Estate Investments

Xenophobia is intense dislike or prejudice against people of another country or race. This word came under intense spotlight recently following the wanton display of cruelty by South Africans who claim to be threatened by the presence of foreigners in their country who have supposedly taken over majority of their businesses and jobs. In 2014, South Africa became the 13th ...

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Pinnacle Entertainment in talks to sell real estate assets

Pinnacle Entertainment, which is in process of splitting into two companies, confirmed Monday that it is in talks to sell its real estate assets to Gaming and Leisure Properties Inc. In March, casino property owner Gaming and Leisure Properties publicly announced that it offered to buy Pinnacle’s real estate assets in a deal it valued at $4.1 billion, including debt. ...

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