NEWPORT, Vt.— A plan to build a bio-technology plant in Newport that would employ up to 500 people has been cleared for construction. The Caledonian Record reports the Vermont Department of Financial Regulation has given developer bill Stenger a green light to start construction of AnC Bio Vermont and seek new investors. The building would be at the Jay Peak...» Read More
One of the most expensive high school football stadiums in America will be closed this fall because its concrete is cracking.
Unsold properties have spurred fears that China's real-estate market may be a ready-to-burst bubble, but its "ghost towns" may not be all that empty.
With the removal of the crane, Icahn may be preparing the building for a full demolition.
Wilbur Ross, Chairman & CEO of WL Ross, says an influx of Europeans are snatching up property in Mediterranean nations, which makes them attractive.
Against a backdrop of runaway property prices and overdevelopment, China is planning a national property tax, with many industry players' blessing.
China's property sector, already a nagging economic risk, may become a victim of the yuan's unexpected weakening as developers' debt costs may rise.
Blackstone, which has made big bets on hotels, rental homes and other real estate in recent years, continues to be bullish on the sector.
A new report by Savills and Wealth-X shows high net-worth individuals are becoming bigger players in global real-estate. CNBC's Julia Wood reports.
Jon Neale, head of research at Jones Lang LaSalle, says there is no broad-based recovery in the U.K. housing market as prices are rising at different paces around the country.
Donald Han, Managing Director at Chesterton Singapore, outlines the different type of tightening measures the government could take to curb property demand.
Grainne Gilmore, head of UK residential research at Knight Frank, and Ben Habib, CEO of First Property Group, discusses the U.K.'s latest housing policy and whether the housing market is in bubble territory.
Rajeev Talwar, group executive director of DLF, says there should be no barriers to foreign companies wanting to invest in India as it will be good for business.
Stephen Stone, chief executive of Crest Nicholson Group, says that Bank of England governor Mark Carney has probably seen signs of a housing bubble in the U.K. after the Funding for Lending Scheme for mortgages was withdrawn.
Hussain Sajwani, chairman and CEO of DAMAC, says demand will exceed supply in the Dubai property market over the next 3 to 4 years.
High-end NYC real state broker Dolly Lenz calls them "the new Russians."
The "Squawk on the Street" team discuss what Mayor-elect Bill de Blasio's proposed tax increases on the wealthy will mean for the housing market. Broker Dolly Lenz weighs in.
Anthony Duggan, head of research at Deloitte Real Estate, says the London crane survey shows that developers' confidence is picking up as the office development market hits a four year high.
Paul Louie, MD, Head of Property Sector, Asia Ex-Japan Equity Research at Barclays expect a synchronized downturn, with office prices falling by 20 percent.
Canada is careering towards a sharp fall in house prices with ultralow interest rates taking their toll on the property market, Goldman Sachs reports.
Stuart Crow, Head of Asia Pacific Capital Markets at Jones Lang LaSalle says Australia, Japan and China are the leading players in Asian commercial property,