Indians have by far remained the most prolific foreign investors in Dubai realty, outshining capital inputs from British, Russians and all others. As per the data from Government of Dubai’s Land Department, Indians have once again topped the charts as the number one investor in Dubai realty with a whopping investment of Rs 13,600 crore… Read More »
Real estate investors have not done well since a real estate mogul became president-elect in the US. It would be ironic indeed if Donald Trump were to preside over a slump in the commercial property market, but is that likely? Shares of listed real estate companies are down almost 4 per cent since election night.… Read More »
The result of the US election is likely to lead to more uncertainty in the commercial property market in the Asia Pacific region with many markets already seeing rents fall. Overall prime commercial rents increased 0.6% quarter on quarter and 1% year on year at the end of the third quarter of 2016, according to the… Read More »
The average rent for space in a downtown tower is $47.43 per square foot, putting Houston in the top 10 of the nation’s most expensive office markets, according to a commercial realty firm. The national average is $43.79 per square foot. Despite downtown’s strong rents, the report notes how Houston’s sublease glut and “economic freeze”… Read More »
Falling commercial real estate prices after the U.K.’s vote to leave the European Union pose a threat to bank stability because of the market’s reliance on foreign capital, Bank of England said. Values have declined 2.6 percent since the referendum and may drop further from their current high levels, according to the central bank’s twice-yearly… Read More »
Indians have by far remained the most prolific foreign investors into Dubai realty, outshining capital inputs from British, Russians and all others. As per the data from Government of Dubai’s Land Department, Indians have once again topped the charts as the number one investor in Dubai realty with a whopping investment of Rs. 13,600 Crores… Read More »
The go-ahead was given on Monday for what will be the tallest building in City of London here, media reports said. The 73-storey building, towering to a height of 305 metres, won approval despite a protest from the Royal Palaces because of the impact it will have on the iconic Tower of London, a UNESCO… Read More »
HM Revenue & Customs (HMRC) has reportedly selected India Buildings in Liverpool as the location of a new hub office of more than 300,000 sq ft. The government department will let the majority of the space at the 350,000 sq ft building, according to Property Week. The Water Street property was acquired by Shelborn Asset Management for… Read More »
Point72 Asset Management moved into a new office space in Singapore’s OUE Bayfront in Marina Bay on Monday. The 8,880 square foot space can seat up to 60 employees, doubling the capacity of the Firm’s previous Singapore office. Marc Desmidt, Chief Executive Officer of Point72’s international business, said, “We are making a push to find,… Read More »
The company will open three locations next year in partnership with a Chinese real estate firm. WeWork, the office co-working space provider, is expanding its footprint in China. On Thursday, the company announced a new partnership with Sino-Ocean Group, a major real estate company based in Beijing. As part of the deal, the companies plan to… Read More »
