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
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.
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.