DETROIT— Dan Gilbert's ownership presence in downtown Detroit has kept growing, with the addition of a vacant 38- story office tower and adjacent buildings to his stable of properties. Book Tower, the attached 13- floor Book Building and an adjacent two-story community center have been bought by Bedrock Real Estate Services. "This project is going to be one of...» Read More
June's headline 73 percent plunge in Singapore's new home sales may look worrying, but some analysts are pointing the blame at the World Cup.
Rising real estate prices across the U.K. are pushing developers to close pubs and convert their locations to other uses. NBC News reports.
China's slowing property market may draw comparisons with the U.S. housing bust, but some are calling a recovery and see bargains in developer stocks.
Dubai's property slowdown may call up the specter of its spectacular crash during the financial crisis, but analysts say it's different this time.
William De Vijlder, Vice-Chairman, BNP Paribas Investment Partners, says global investors remain concerned about China's property sector.
While high commercial real estate rents can impede a state's growth, they can also exemplify the value of a location.
China property vacancies have climbed to more than 20 percent of sold units, but analysts are divided on whether a real estate crash is in the offing.
As more of Asia's population heads for the cities, Singapore can offer clues for planning livable urban spaces, including by controlling pollution.
Moody's joined the drumbeat of pessimism on China property, cutting its view to negative, but it expects many developers' finances to remain stable.
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.