If you wanted to make a quick buck in property, Dubai would have been the place to do it. And the desert of superlatives is still going strong.» Read More
SYDNEY, Aug 14- More wealthy Chinese are moving their money out of China to invest in Australia's property market as a corruption crackdown in the world's second biggest economy gathers momentum, property consultants and lawyers said.
HONG KONG, July 30- China's institutional investment in property overseas rose 17 percent in the first six months of this year, with residential investment surging 84 percent, real estate services firm Jones Lang LaSalle said on Wednesday. San Francisco and Chicago followed with $548 million and $365 million, respectively.
Commercial real estate volumes in Asia-Pacific are set to spike in the second half of this year, said Jones Lang LaSalle.
MANILA, July 2- Sweating under their hard hats, renowned Polish architect David Libeskind and interior designers from Italy's Armani trooped to a construction site in sweltering, downtown Manila, to perform the ground breaking for a new tower in the Philippine capital.
Myanmar's burgeoning hotel market is set for another year of record growth in 2014, according to property research firm Jones Lang LaSalle.
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.
FRANKFURT, May 16- German real estate group Corpus Sireo, which manages offices for clients such as Deutsche Bank, Deutsche Telekom, Cerberus and Brookfield, has attracted several bids and expects a sale to be decided in July, people familiar with the matter said.
As the cracks in China's housing market deepen, the country's major property developers are scouring the world for new opportunities.
For 89-year-old Raj Kalaan, her caregiver's bi-weekly visits are cherished. A young lady companion spends three hours per week with her.
DUBAI, April 22- Dubai's Emaar Properties reported a 55 percent rise in first-quarter net profit on Tuesday, as the region's economic recovery brought consumers back to its malls and shopping units, and house buyers returned to the market.
A new site hopes to come to the rescue of small-business tenants who need smaller office space.
Amid reports that China is considering relaxing house ownership restrictions, analysts have tipped the real estate sector as one to watch.
HONG KONG, March 20- Cash-strapped Chinese are scrambling to sell their luxury homes in Hong Kong, and some are knocking up to a fifth off the price for a quick sale, as a liquidity crunch looms on the mainland. At the same time, credit conditions in China have tightened.
Against a backdrop of runaway property prices and overdevelopment, China is planning a national property tax, with many industry players' blessing.
BERLIN, March 6- Europe's hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year.
San Francisco has been crowned the most dynamic city in the world, according to a new survey published on Friday.
Jon Hubbard, Northern Europe CEO of Jones Lang LaSalle Hotels & Hospitality Group, discusses the outlook for the hotel sector in 2014 and the investment potential.
Mumbai saw its most expensive apartment sale on record last month, but this comes in stark contrast to growing pessimism over the market's outlook.
A rebound in Japan's real estate market is driving investors to take on more risk by buying office buildings far from Tokyo's prime districts.
Check out which companies are making headlines after the bell Monday: