This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
30 matching records found
Cathy Marcus, Co-head and Global COO of Real Estate at PGIM, discusses her outlook for real estate investment opportunities in the APAC region. She speaks with Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Bryan McDonnell, Head of Real Estate Credit Strategies at PGIM, says investors should adjust business models to a higher-rate environment rather than count on rates falling. He describes the market’s recent uncertainty as a gap between rate expectations and reality, with Treasury yields rising above 5% after expectations briefly converged around 4%. He speaks with Romaine Bostick & Jess Menton on "The Close." (Source: Bloomberg)
US-based money manager Principal Asset Management says it is poised to become more active in Asia-Pacific property markets, believing investors have been “underweight” in the region’s office property segment. Richard Hill, its senior managing director and head of global real estate research and strategy, said the group was also seeing continued interest from institutional investors in the Asia-Pacific region looking to access opportunities in US commercial real estate as it was “too big to...
Hong Kong’s MTR is the most profitable subway in the world thanks to a lucrative real estate strategy. Now it’s taking on record debt for a government-mandated tech hub with uncertain demand. (Source: Bloomberg)
The Villages, a 57,000-acre Florida retirement community, is looking to issue almost $180 million in high-yield debt to finance more homes.
Hong Kong homebuyers are poised to see new residential launches in the coming days and weeks following a sell-out weekend of more than 360 flats in two major projects in the city. Sun Hung Kai Properties (SHKP), one of Hong Kong’s major developers and landlords, was set to hold a second round of sales for Sierra Sea Phase 2C(2) in Shap Sze Heung, which is between Sai Kung and Ma On Shan, with 152 flats on offer on Wednesday, it said in a statement. Among them, 128 flats would be sold via a...
Tokyo’s implementation of a rule that requires all property buyers to declare their nationality is raising concerns among investors, according to analysts. Japan’s shift from an ultra-loose monetary policy to gradual normalisation of its interest rates was also likely to force investors to reconsider whether real estate assets were still attractive, they added. “Japan has had a really strong run for the last seven or eight years,” said Neil Brookes, head of Asia-Pacific capital markets at...
Malaysian property tycoon Lee Yeow Seng is making waves as one of the most aggressive buyers of commercial real estate in Singapore, and he is not done yet. His IOI Properties Group is in exclusive talks and due diligence to purchase two property assets – Chijmes, a retail venue inside a former Catholic convent in its civic district, and the nearby Capitol Kempinski hotel, CEO Lee said in an interview. He declined to disclose how much a final agreement will value the two assets at, citing...
Hongkong Land Holdings Ltd. is in discussions with Ong Beng Seng’s Hotel Properties Ltd. to buy a majority stake in three buildings in Singapore’s Orchard Road shopping belt, according to people familiar with the matter.
Fort Lauderdale is no longer just a sleepy retirement town. New York developers and wealthy buyers from across the US are pouring into this booming waterfront city, drawn by luxury condos, better taxes, and a younger, vibrant lifestyle. Miki Naftali, the Chairman and CEO of Naftali Group joined Bloomberg Open Interest to talk about the South Florida luxury real estate boom. (Source: Bloomberg)
The developer of One Stanley has offered flat owners a six-year structural warranty and free independent property inspections amid an investigation into suspected steel reinforcement deficiencies at the seaside luxury residential development in southern Hong Kong. K Wise, a subsidiary of One Stanley developer K&K Property, addressed the brewing scandal on Friday, a week after allegations of substandard work were reported by a local property media outlet, issuing a statement outlining remedial...
Hong Kong’s corruption watchdog has charged the former head of a listed company for allegedly accepting HK$20 million (US$2.5 million) in bribes from a mainland Chinese property developer in exchange for acquiring a stake in the developer’s real estate project. Zhang Yadong, 58, who was chairman of Greentown China Holdings from 2019 to 2025, faced a count of conspiracy to accept advantages, the Independent Commission Against Corruption (ICAC) said on Friday. The case was mentioned at Eastern...
Tokyo, Oct. 8 (Jiji Press)--A press preview was held for part of the Tokyo Midtown Nihonbashi commercial complex under development in Tokyo's Chuo Ward on Thursday, ahead of its scheduled opening next year. The complex is being developed by Mitsui Fudosan Co. and Nomura Real Estate Development Co. as the fourth facility under Mitsui Fudosan's "Tokyo Midtown" series, following the Roppongi, H...
A US real estate firm announced on Wednesday it is buying the Chrysler Building and will undertake a vast makeover of the art deco landmark that dominates New York’s skyline. The Chrysler Building, which was opened in 1930 as a symbol of exuberance and modernity, had faced several years of uncertainty over its ownership. Tishman Speyer, a commercial landlord, said it and other investors will inject US$235 million into the property to refurbish its ageing interior and exterior. They will also pay...
This year, Credai Tamil Nadu will also launch the first edition of FAIRBUILD 2026, a B2B expo for construction and building materials, which will be held alongside STATECON
As U.S. mortgage rates rise above 7% for the first time in a couple of years, Elizabeth Bell, Co-Head of Real Estate at Hamilton Lane, discusses whether the broader real estate market has been written off amid a slow post-pandemic recovery, changing consumer spending and higher rates. Bell says the market faces risks from elevated interest rates and geopolitics, which weigh on investment and yields, but still offers opportunities. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
A former senior CIA official pleaded guilty on Tuesday in Virginia to a charge that he abused his position and government funds to enrich himself by acquiring Florida real estate and hundreds of gold bars worth over US$40 million, according to court records. David J. Rush fabricated a “highly classified” government programme to justify the acquisition of luxury property in south Florida that he intended to resell for personal profit, according to a court filing. Rush separately concocted a bogus...
Despite signs that Hong Kong property prices could have bottomed out and begun rebounding in August, market sources said at least 100 secondary residential homes were sold at a loss in September, up from at least 81 the previous month. Hong Kong’s property market dodged an immediate setback from the US Federal Reserve’s rate increase in September, and agents estimated that home prices could end the year 15 per cent higher than a year earlier. The positive trend, however, did not generally apply...
The owners of a office building in Miami’s Brickell district are exploring a potential sale that could set a record for the waterfront neighborhood, which has been wildly popular with global financial firms.
O governo federal e o Santos Futebol Clube firmaram, nesta quinta-feira (1º), um acordo para a regularização do Centro de Treinamento Rei Pelé, em Santos, São Paulo. O termo estabelece a concessão de uso onerosa do imóvel por 20 anos, prorrogável por igual período. O Santos Futebol Clube pagará, mensalmente, a quantia de R$ 145.167,42, valor a ser corrigido pelo Índice Nacional de Preços ao Consumidor Amplo (IPCA). Notícias relacionadas:Bets passam a ser proibidas no país e apostador receberá saldo.Saiba as diretrizes para desenvolvimento do futebol feminino no Brasil.Lei cria diretrizes permanentes para o futebol feminino no Brasil.“A solução consensual permite a continuidade da utilização do imóvel pelo clube e, ao mesmo tempo, assegura a preservação do patrimônio público e a geração de receitas para a União”, informou a Secretaria de Comunicação Social (Secom) da Presidência. Ainda como parte do acordo, o clube reconhece uma dívida de cerca de R$ 23 milhões relativa ao período anterior de utilização do imóvel, com previsão de pagamento em 120 meses. Entenda Com uma área de aproximadamente 39 mil metros quadrados, o Centro de Treinamento Rei Pelé, de propriedade da União, é atualmente avaliado em R$ 79,76 milhões, incluindo benfeitorias realizadas pelo clube. De acordo com a Secom, pelos valores atuais, sem considerar a atualização monetária, a cessão representa cerca de R$ 34,84 milhões em contraprestações ao longo dos primeiros 20 anos, além de R$ 23 milhões relativos ao passivo pretérito. “A solução construída pela Advocacia-Geral da União, por meio da Câmara de Mediação e de Conciliação da Administração Federal, e pelo Ministério da Gestão e da Inovação em Serviços Públicos encerra uma controvérsia relacionada à ocupação do imóvel, às benfeitorias realizadas e à possibilidade de alienação do terreno”, esclarece a pasta. Ainda segundo a Secom, o acordo mantém a titularidade do bem com a União e estabelece remuneração pelo uso futuro, além da recuperação dos valores referentes ao período anterior. “A medida também preserva a possibilidade de a União reavaliar futuramente a conveniência de alienar o imóvel, caso deixe de existir interesse público, econômico ou social em sua manutenção”, diz a Secom. Além da regularização patrimonial, o Santos Futebol Clube assume obrigações relacionadas à conservação do imóvel e ao cumprimento das exigências administrativas, tributárias, ambientais, urbanísticas e patrimoniais. “A Secretaria do Patrimônio da União mantém o acompanhamento e a fiscalização da utilização do bem. A regularização transforma uma ocupação que se estendia há décadas em uma relação formal de cessão onerosa, com receita para a União, recuperação de valores pretéritos, preservação da propriedade pública e continuidade de uma estrutura voltada à formação esportiva”, concluiu a Secom.
While condo sales across Miami have broadly slumped in recent years, one sector of the market is booming — ultra-luxury sales in apartments that haven’t even been built yet.
Between 2010 and 2012, seven purchaser entities paid ₹260 crore upfront to Vatika Limited as the entire sale consideration for residential plots in its Vatika India Next projects in Sectors 84/85 and Vatika India Next-2 in Sector 88A, Gurugram
On this episode of the Odd Lots podcast recorded live at the Vermont Hollywood theater, real estate developer Zach Lasry joins Joe Weisenthal and Tracy Alloway to talk about homebuilding in LA and the Kafkaesque process of getting a crosswalk built in the city. (Source: Bloomberg)
A real estate panel discussion with Bill McBride and Zach Lasry.
Godrej Properties Ltd. has signed an agreement to develop a $625 million sea-facing residential project in Mumbai’s upscale Marine Lines neighborhood, underscoring sustained demand for luxury real estate in India.
Several Congress leaders of Rajendranagar segment join BRS
Australia’s auction clearance rate declined to a 10-week low as a long weekend in Melbourne and the threat of higher borrowing costs weighed on sentiment.
Tokyo, Sept. 24 (Jiji Press)--The average price of existing condominiums in Tokyo in August dropped 0.2 pct from the previous month to 112.74 million yen per 70 square meters, down for the first time in 28 months, real estate research firm Tokyo Kantei Co. said Thursday. The average price fell 0.7 pct to 180.68 million yen in six central wards--Chiyoda, Chuo, Minato, Shinjuku, Bunkyo and Sh...
Renting in Costa Rica in 2026: real market rents, the deposit rule landlords misstate, who pays utilities, the 13% VAT threshold and the tourist-zone gap. The post Renting in Costa Rica: Prices, Deposits and the Fine Print appeared first on The Rio Times.