Global Real Estate

The Dubai Land Department has set a deadline of June 30, 2015, for registration of all “sold” units in the emirate by property owners and failure to do so will result in penalties. Dubai property owners will be penalized if they fail to meet a new deadline to register sales. Developers have started to send a notice to all new ...

New search shows that higher taxes and election uncertainty have put the brakes on prime London house prices which fell by 0.5% in the first quarter of 2015. According to the analysis by real estate firm Savills, this follows an average 2.6% downward price adjustment in the final quarter of 2014 that was triggered by the stamp duty reform announced ...

Global rating agency Fitch today said the likely upturn in the country’s investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief to the debt-ridden developers. The agency said the property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks ...

Michael Spence a Nobel laureate and the William R. Berkley professor in Economic and Business at New York University, told a conference in New York on the 17th of April that he expects China’s GDP to average 6 to 7 percent annually. China’s real estate market is so big that it can affect the global economy, and the country’s regional ...

Housing has become one of the major issues in the United Kingdom’s forthcoming general election with all the major parties making pledges to attract voters. According to Propertywire.com, the Conservative party said it will extend the Right to Buy scheme and the Liberal Democrats have announced plans to build 300,000 more homes a year and ensure everyone has a decent ...

CBA Bank Tanzania has inked an agreement with Chinese real estate developers, Avic International Real Estate to provide loans at affordable interest rates for buying houses. Speaking after signing the agreement in Dar es Salaam at the weekend, the CBA Executive Director, Mr. Julius Mcharo, said the deal provided the opportunity for Tanzanians to own high quality houses built by ...

Warehouse and distribution center operator Prologis Inc. says it has acquired KTR Capital Partners, which owns more than 300 industrial properties in the U.S Prologis, which owns and operates more than 2,800 properties in North America, South America, Europe and Asia, will pay $5.9 billion for KTR. The purchase price includes the assumption of $700 million in debt. Prologis uses ...

Home prices continue to soar in Vancouver and the North Shore, where the average two-storey detached home is now selling for more than $1.27 million. The average price for detached bungalows and two-storey houses across Vancouver, North Vancouver and West Vancouver have jumped by 10.6 per cent and 10.3 per cent in the last year, according to Royal LePage’s House ...

Real estate agent busted, accused of trying to lure a 15 year-old boy for sex. Douglas Jodoin is charged with luring a minor after police say he was caught on an under cover scene. Watch report below:

Six luxury student pods in Manchester are set to go under the hammer in an online property auction. The investment opportunity, brought by John Pye Property, is one from a lot of 30+ worth more than 3.4 million to go to auction this month. Considered a ‘hands off investment opportunity’ the six rooms are available with a guide price of ...