SAN JUAN, Puerto Rico— Puerto Rico's government on Thursday announced the construction of a $108 million real estate project as the island tries to emerge from a nearly decade-long economic slump with help from U.S. investors.» Read More
BEIJING, April 26- China aims to start building more than 7 million units of public housing this year, the Ministry of Housing and Urban-Rural Development said on Saturday, signalling the latest government move to counter high property prices.
Strong demand for property loans suggests China's housing market remains resilient even if growth is cooling. China's property market has lost steam since late 2013 as authorities tightened controls on speculative buying, and as banks made it harder for home buyers and small developers to get loans.
NEW YORK, April 23- The board of the Port Authority of New York& New Jersey on Wednesday delayed a scheduled vote on whether to provide $1.2 billion in loan guarantees to World Trade Center developer Larry Silverstein, the latest holdup for the project.
The Keystone XL pipeline government comment period has been extended, a move that likely postpones a final decision until after the mid-term elections.
HONG KONG, April 9- China Vanke Co Ltd, the country's largest listed real estate developer, is looking to invest in property firms held by state-owned enterprises as Beijing gradually relaxes its hold on government assets. As part of the government's reform plans, Beijing has promised to allow more private participation in state-owned enterprises.
HONG KONG, April 9- China Vanke Co Ltd, the country's largest listed developer, is interested in investing in property units of state-owned enterprises as Beijing opens up state-dominated industries to private capital. We are willing to cooperate, "Vanke president Yu Liang told a real estate forum in Hong Kong on Wednesday.
FENGHUA, China, April 3- To understand why many of China's small property developers are struggling, look no further than Zhejiang Xingrun Real Estate. The once little-known regional developer is now on the brink of becoming one of China's biggest real estate bankruptcies in recent memory. Some markets saw outright price declines, in particular Ningbo.
SHANGHAI, April 2- Mainland property stocks soared on Wednesday after state media reported that several cities may relax house ownership restrictions. The CSI300 property sub index was up 4.1 percent in morning trading, led by Hua Yuan Property Co Ltd and Beijing Capital Development Co Ltd which both reached their daily 10 percent trading limits.
Blackstone, which has made big bets on hotels, rental homes and other real estate in recent years, continues to be bullish on the sector.
Many Russians who own property around the world ask the help of multilingual real estate consultants when looking at New York real estate. NYT reports.
Morningstar reports that Canada's banks and its housing finance agency may take serious losses if Canada's home prices decline.
It seemed as if Canada had avoided the excesses of the housing bubble that hit so many nations. But now it may be catching up.
Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
China Vanke, the country's biggest real estate developer, said it's looking to extend its foreign investment drive beyond the high-end U.S. market, as Beijing weighs new measures to cool mainland property prices.
Prologis may own big industrial warehouses, but it will benefit from a recovery in the U.S. housing market, chairman Hamid Moghadam told CNBC on Wednesday.
The spread between low interest rates and the money real estate generates is "truly astonishing," Starwood Capital CEO Barry Sternlicht told CNBC.
Sellers at high-end Manhattan apartment buildings have been forced to reduce their prices after buyers balked at the high monthly payments.
Professionals, like doctors and lawyers and anyone else who might be sued, should work with an adviser to keep creditors from cleaning them out if they lose in court
Official and private sector surveys on China’s manufacturing sector suggest the economy is finally perking up, boosting stocks in Shanghai almost 2 percent on Thursday. But exports, the main engine of growth, are still struggling and that means the Chinese recovery is not on solid ground yet, economists say.