Property
Emaar to develop US$55b real estate project in Dubai: founder
It spans 4.5 million sq m and will house 150,000 residents in residential towers, villas and offices
US existing-home sales jump to highest this year, top forecasts
Figures reflect an improvement in the nation’s home resale market
Buyer flips London mega mansion for £56 million mark up
The sale is the latest in a recent flurry of large deals for some of the city’s most coveted residences
URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas
The government will also pilot schemes in some precincts to test how space can be used to make the city centre more vibrant
Jaleel family’s JD Properties buys 2 Australian hotels for A$100m
These acquisitions come just six months after the group’s purchase of a Brisbane property for A$34 million
How the ultra-rich buy property
Brokers share insights and bust a couple of myths about the hallmarks of super prime residential transactions
China’s real estate funk is dragging down property service providers, too
Fee collection is plunging as owners of unoccupied assets no longer want to pay
Homeownership is not working out for the UK’s middle-class millennials
Rising service fees on apartments and a tight market for houses leave them stuck in place or falling behind
Domestic capital reshapes China real estate deals as asset managers redirect to ‘China-for-China’ play
Mapletree exploring first renminbi fund with Chinese insurers, while CapitaLand eyes second C-Reit with 4.8b yuan IPO in coming months
Room for new ideas: Private-sector players eye opportunities in Singapore’s senior-living space
Options such as intergenerational co-living are emerging, but obstacles to take-up remain, say observers
