Property
Aramco seeks to raise over US$10b from property portfolio
[RIYADH] Saudi Aramco is considering plans to raise billions of US dollars from its real estate assets, including a sprawling campus that houses its headquarters in the kingdom’s Eastern Province.
Blackstone drops US$4 billion New World deal over control clash
Billionaire Chengs might forgo a deal by injecting capital through a rights issue instead
UK’s Savills sees property slowdown as Iran war weighs on market
BRITISH property company Savills warned on Wednesday of a slowdown in residential property transactions in its UK and Middle East markets, as the Iran war fuels uncertainty around global interest rate...
Mainland Chinese snap up Hong Kong homes in April, most in 2 years
They favour new homes, with 1,032 of April purchases coming from the primary market
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Thousands of London offices ‘risk obsolescence’ under new energy efficiency rules
Landlords will struggle in the new regulatory environment given the “huge scope” of the challenges ahead, according to a property consultant
Trump Tower plan for Australia’s Gold Coast scrapped three months after launch
The 91-storey hotel and apartment project in Surfers Paradise will no longer carry the Trump brand
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
A weaker ringgit may boost appeal for foreign buyers, but experts say taxes, financing rules and resale liquidity matter
Australia tackles property tax breaks, disappoints on deficit
The Budget’s housing package is a highlight, with a crackdown on tax concession for investors to help address intergenerational inequality
Dubai ruler tightens grip on Emaar in US$6.5 billion reshuffle
Dubai Holding acquires a 22.27% stake in the city’s biggest developer from the Investment Corporation of Dubai
Rising housing costs keep US first-time buyers on the sidelines
The effects of the war in Iran have increased mortgage rates and lowered consumer confidence, making it even harder for those hunting for homes
