Real Estate Management & Development Real Estate Development


  • Jan 28- A Boston- area real estate developer was found guilty on Thursday of engaging in insider trading based on a tip about a merger a bank executive passed him on cocktail napkin over drinks at a country club. Robert Bray, 78, was convicted by a federal jury in Boston on one count of securities fraud for illegally trading on a tip in 2010 that Eastern Bank Corp would...

  • Architects plan the world's tallest building Tuesday, 26 Jan 2016 | 10:00 AM ET
    Architects plan the world's tallest building

    AMBS Architects are designing the world's tallest building in the south of Iraq.

  • *Builders' profit margins squeezed by rising land prices. HONG KONG, Jan 21- Chinese real estate developers plan to acquire more land outside the primary market- purchasing from other companies and through redevelopment- as escalating land costs crimp profit margins. China's property market bottomed late last year with prices recovering in the biggest cities...

  • HONG KONG, Jan 19- China's property investment growth eased to 1 percent in 2015, the slowest in nearly seven years even as national sales improved, and the pace will likely turn negative this year as developers slow new construction due to oversupply. Real estate investment, a major driver of the economy which affects more than 40 other sectors from cement to...

  • The $1.7 billion valuation Malaysia's troubled state investment fund put on a deal to sell property assets may be too high, the Financial Times reported.

  • NEW YORK, Jan 4- A billionaire real estate developer from Macau accused by U.S. authorities of bribing a former United Nations General Assembly president has dropped his demand to go to trial immediately amid setbacks at his companies. The lawyer, Benjamin Brafman, gave no reason why Ng was no longer seeking a quick trial on charges that he bribed John Ashe, a former...

  • KUALA LUMPUR, Dec 31- Malaysia's 1 MDB will sell its controlling stake in a high-profile property project to a Malaysian-Chinese group for $1.7 billion, wrapping up major asset sales for a state fund whose troubles have roiled domestic politics. 1 MDB will sell its 60 percent stake in Bandar Malaysia- a major development project in Kuala Lumpur that will include...

  • NEW YORK, Dec 21- A Georgia- based real estate developer pleaded guilty on Monday to participating in what U.S. authorities say was a $100 million insider trading scheme that involved hacking into networks that distribute corporate news releases. Garkusha, a resident of Alpharetta and Cumming, Georgia, near Atlanta, was arrested in August along with four other...

  • Dec 21- A Georgia- based real estate developer on Monday told a U.S. judge he will plead guilty to participating in what U.S. authorities say was a $100 million insider trading scheme that involved hacking into networks that distribute corporate news releases.

  • LONDON, Dec 18- BG Group and Energy Transfer Partners have gained approval from the U.S. energy regulator for their liquefied natural gas production and export plant in Lake Charles, Louisiana, the companies said. "Lake Charles LNG has the potential to create several thousand jobs during construction and if fully operational could result in approximately 250...

  • Dubai development drops Trump Friday, 11 Dec 2015 | 8:00 AM ET
    Dubai development drops Trump

    A $6 billion golf community being built in Dubai is eliminating the 'Trump' brand.

  • China property firms' debt issuance jumps, more to come Wednesday, 9 Dec 2015 | 10:26 PM ET

    HONG KONG, Dec 10- China's real estate companies have sharply increased the amount of funds raised from debt so far this year compared with 2014 as borrowing costs hit historical lows, and they are planning to borrow more. Property developers have raised 495 billion yuan from domestic Chinese bonds, almost double 2014 levels, Barclays Capital estimates.

  • Beachfront houses on the Gold Coast, Australia.

    Australia is attempting to let the air out of housing without deflating a vital source of economic growth or stressing indebted households.

  • *Middle East investors to pour $18- 20 bln into global real estate- CBRE. NEW YORK, Dec 2- The boarded-up building sat vacant on a tattered block in San Francisco until a small New York developer and a Kuwaiti real estate partner snapped it up in April 2014, attracted by the proximity to Twitter Inc and other tech companies. Over the next year and a half, New York's Synapse...

  • Aussie cricket star launches India property business Sunday, 29 Nov 2015 | 5:36 PM ET
    Former Australian cricket captain Steve Waugh visits the Steve Waugh Foundation's Flagship project at Udayan to new extension to girls Building on August 6, 2013 in Kolkata, India. Udayan, is a rehabilitation home for children suffering from leprosy in colonies near Barrackpore.

    There is little cheer for property investors in India but one person has gone against the tide. Just who it is may be a surprise.

  • What happens when a property market is just too hot? Sunday, 29 Nov 2015 | 5:33 PM ET
    A view of the seaside mansion which was used as the U.S. consulate from 1957, and later renamed Lincoln House, is seen in Mumbai, India, September 14, 2015. Vaccine billionaire Cyrus Poonawalla has bought the former maharaja's mansion in Mumbai from the U.S. government for around 7.5 billion rupees ($113 million), newspapers reported, making it the most expensive ever residential purchase in the country.

    Apart from rare stratospheric deals, Mumbai's property market is ailing, as it pays the price of having too big a boom.

  • Singapore's sovereign fund GIC likes property here Wednesday, 25 Nov 2015 | 7:16 PM ET

    Singapore sovereign fund GIC takes a long view on real-estate plays, eyeing emerging markets despite recent turmoil, its property chief said.

  • Why London property isn’t in a bubble Tuesday, 24 Nov 2015 | 3:13 AM ET

    Surges in London property prices have spurred calls the city is a bubble waiting to pop, but investors are still positive on the market.

  • DUBAI, Nov 23- Saudi Arabia's cabinet said on Monday it would impose an annual 2.5 percent fee on undeveloped urban land designated for residential or commercial use, a major step in addressing a shortage of affordable housing and developing the tax system. In 2013, the Housing Ministry estimated empty plots made up around 40 percent of the capital city Riyadh,...

  • Why rich Chinese are buying vineyards in cash Sunday, 22 Nov 2015 | 6:22 PM ET
    Bid takers stand in front of a video screen with Amedeo Modigliani's 'Nu Couche,' November 9, 2015 at Christie's New York.

    Low interest rates, currency devaluation and a corruption crackdown have combined to drive wealth out of China. And it's not returning soon.