Global Real Estate

Hotel heiress and socialite, Paris Hilton showed off her dogs’ luxury mini two-story Italian-style mansion in Beverly Hills via Snapchat. Inside the residence which has a tile roof and wrought iron railings on an upper outdoor balcony, her dogs have beds, feeding stations, air conditioning and heating. There’s a staircase leading from the ground floor to the upper floor, several ...

The cost of renting a one-bedroom property in the UK has risen to swallow almost half of the average young worker’s take-home pay, according to figures, while those living in London are typically handing over 57% of their monthly wages. The average cost of a new tenancy on a one-bedroom home hit £746 a month in May, taking up 48% ...

A leading growth markets investor, Actis, has announced the end of its third opportunistic private real estate fund – Actis Africa Real Estate Fund 3 (ARE3), with commitments totaling more than $500m, exceeding its original $400m target. The team was led by David Morley, Amanda Jean-Baptiste, Louis Deppe and 11 other investment professionals across offices in London, Johannesburg, Nairobi and ...

A Brazilian company is carrying out a trial with drones to reduce property tax evasion in a town in the northeastern state of Pernambuco. The equipment is being used by tax collection agency Crescite, who works on behalf of the local government, to measure properties in the city of Paulista and get information needed to calculate the tax amount for ...

Toronto homebuyers should not expect the frantic pace and blistering prices of the housing market to continue, warns the head of the Bank of Canada. “Prospective homebuyers and their lenders should not extrapolate recent real estate performance into the future when contemplating a transaction,” Stephen Poloz said Thursday with the release of the bank’s semi-annual financial system review. It was ...

Nicholas Schorsch, whose multibillion-dollar real-estate empire was rocked by an accounting scandal two years ago, has come under fire from an independent director who resigned from one of the companies Mr. Schorsch manages because he believed it suffered from a conflict of interest and was failing to act in the best interest of investors. Robert Froehlich, whose background includes about ...

A Nigerian woman named Titi Pierce, who works as a realtor in the US, has filed a Federal lawsuit against US TV host, Ellen DeGeneres for making fun of her name, Titi, on the “What is wrong with this ad” segment of her show aired which aired on February 22nd, 2016. During the show, Ellen displayed an advert sign bearing ...

Gulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price slump if Britain leaves the European Union, according to legal and investment sources. Sovereign and private investors from Qatar, Saudi Arabia,Kuwait and the United Arab Emirates have been prolific buyers of British assets in the past decade, snapping up billions of dollars ...

Casa Brutale has been tagged the cliff of Insanity. If just the thought of looking down at the ground dozens of stories below through the glass box at the Willis Tower’s Skydeck makes your head spin, you probably won’t want to be first in line to live at Casa Brutale. This cliff dwelling is a conceptual design from Open Platform for Architecture, ...

David Simon, CEO of Simon Property Group, has listed his full-floor residence at a desirable Upper East Side co-op for $39.5 million with Douglas Elliman. The decoration of the grand apartment is a far cry from the malls that made Simon wealthy. It takes up the entire 4th floor of 625 Park Avenue, a limestone-clad co-op designed by J.E.R. Carpenter ...