KINGSTON, Jamaica— The Bahamas attorney general expressed frustration Thursday with a decision by the developer of a $2.5 billion hotel-and-casino project in Nassau to file for bankruptcy protection in a U.S. court. "The government feels very strongly that resolution of the disputes that have delayed the project should occur in the Bahamas," she said.» Read More
All those pining after childhood stories of "the tippy-top floor" of New York's Plaza Hotel might soon get to recreate it a few blocks away at the Waldorf.
Luxury property sales took a hit last year as China's anti-corruption campaign discouraged conspicuous consumption, but buyers are now taking advantage of easier credit and a stock market rally to upgrade their homes. "It's not going to lead to a full recovery in the market," said Clement Luk, Shanghai- based chief executive officer for eastern China at property...
Eric Larson, CEO, Larson Realty, discusses efforts to raise money for the redevelopment of Detroit's old Tiger Stadium. Is crowdfunding the future of redevelopment?
This represents the largest capital commitments raised by private real estate companies actively listed on equity crowdfunding platforms.
*Dubai shares end 6.8 pct higher. DUBAI, Feb 2- Dubai developer DAMAC expects the emirate's property sector to steady in 2015 before supply shortages boost prices in 2016-17, its chief executive said on Monday, after the company reported an 11 percent rise in fourth-quarter profit. "I see Dubai's property marketing stabilising in 2015, but 2016-17 there could be...
LONDON, Jan 26- Work has started on converting Centre Point, the towering 1960 s office building at the east end of London's Oxford Street, into luxury apartments, developer Almacantar said on Monday. The Richard Seifert- designed tower will be one of the most prominent buildings to switch from commercial to residential use in London's West End as developers cash...
BEIJING, Jan 26- Chinese investors are set to fork out $20 billion on offshore property this year, up 21 percent on 2014 as more domestic real estate developers and insurers internationalize their holdings, Jones Lang LaSalle Inc said on Monday. "The easing of restrictions over the last a few years by the Chinese government has... much easier for institutions as well...
SINGAPORE, Jan 22- Perks used by property firms in Singapore to entice buyers of luxury apartments are under scrutiny after a bank sued a developer for allegedly conspiring with borrowers to inflate about S $182 million of home loans. With Singapore's real estate market on the slide, developers regularly try and court potential home buyers by offering...
SHENZHEN, Jan 14- As creditors circle troubled Chinese property developer Kaisa Group, it's business as usual at the company's sales office and housing projects in the southern city of Shenzhen. In a northern suburb, construction workers in yellow hats at the Kaisa City Plaza development could be seen renovating flats on Tuesday, while agents at the firm's...
Singapore's efforts to rein in household debt and its sky-high home prices appear set for their first test as local rates begin to rise.
Property prices in the Philippines have surged over the past few years, but it isn't clear puffed up valuations stack up to a bubble.
Plans to build an Inglewood NFL stadium, led by Rams owner Stan Kroenke, may be a sign the team could return to Los Angeles.
Property developer Kaisa had failed to repay a HK$400 million loan and may default on more debt, amid a downturn in the real estate sector.
London's residential property is changing, with new developments increasingly offering the condominium-style living typical in some other parts of the world.
Toll Brothers on Wednesday reported profit of $131.5 million in its fiscal fourth quarter.
In order to raise revenue for May Bill de Blasio's affordable housing plan, the city is considering a raise on the tax rate for high end real estate.
A rebate for property owners to switch lawns in drought-ridden California is gaining traction. But it's a mixed bag for landscapers.
CNBC's Phil Han reports from the Battersea Power Station and finds out more about this multi-billion dollar redevelopment of the site.
Despite dire predictions of sharp drops, Singapore's property prices don't seem to have budged much, but statistics may mask trouble in the market.
Vietnamese property may finally be shaking off its years-long bear market to rise from the flames, with analysts pointing to rising sales and investment.