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Estate News

Greece speeds up 'Golden Visa' scheme for Chinese investors

Athens - Chinese investor Jiang Rungong, who moved to Greece three years ago, says he and his family could not be happier in their new home on the Athens coast."We chose Greece because of its cultural heritage, its history, the democracy, the freedom.

SoftBank confirms multibillion-dollar bailout for WeWork

Apo - Japan-based SoftBank Group confirmed Wednesday it will pump billions of dollars into struggling start-up WeWork, in a deal that ups its stake in the office-sharing firm to around 80 percent.

British inventor Dyson pays $54 mln for Singapore's priciest penthouse

Fpo - British billionaire inventor James Dyson has paid a reported $54 million for Singapore's biggest, most expensive penthouse: a three-floor residence with a rooftop terrace, private pool, and jacuzzi.

Hong Kong tycoon, 22, drops $117 million on luxury home

Fpo - The 22-year-old son of a business tycoon has dropped US$117 million on a luxury home in Hong Kong, the latest purchase to highlight the huge wealth gap in a city currently rocked by political protests.

Germans protest against 'rent insanity', seek expropriation

Berlin - Thousands of people Saturday joined marches across major German cities against "rental insanity" or Mietwahnsinn, which has sparked a popular backlash.

Hikers clash with John Kerry's family on French Emerald Coast

Saint-briac-sur-mer - Hikers demanding right of way along a pristine stretch of coastal France are locked in a legal war with villa owners in a posh Brittany resort town, not least the family of US statesman and former presidential candidate John Kerry.

No place like home: Dublin boom fuels housing spiral

Dublin - Sharing a studio flat in Dublin with two other people, Greek security guard Aris complains about the housing crisis that forces him to live in cramped conditions.

Greek PM claims breakthrough in tangled church-state relations

Atenas - Prime Minister Alexis Tsipras has announced a tentative breakthrough in talks to soften ties between Greece and its powerful Orthodox Church, a decades-old debate affecting valuable church lands and clerical salaries.

Paris official seeks to outlaw Airbnb rentals in city centre

Paris - The Paris city council member in charge of housing said Thursday that he would propose outlawing home rentals via Airbnb and other websites in the city centre, accusing the service of forcing residents out of the French capital.

Malaysian island city in trouble as PM targets China-linked projects

Kuala Lumpur - An ambitious $100 billion island city being built off Malaysia has found itself in troubled waters as the new government takes aim at the development, the latest in a series of China-linked megaprojects started under the scandal-plagued ex-premier to c...

New Zealand curbs foreign property ownership to cool market

Wellington - New Zealand has passed legislation curbing foreigners' ability to buy residential property in a bid to rein in the South Pacific nation's booming housing prices.

Dubai property slump to continue: S&P

Dibai - A three-year downturn in Dubai's property market will likely continue until at least 2020, Standard & Poor's said Tuesday, citing low oil prices, the introduction of VAT and a Gulf diplomatic crisis.

Churches condemn attempts to 'weaken' Christians in Jerusalem

Jerusalem - The leading churches in Jerusalem issued a rare joint statement Tuesday condemning what they called "systematic" Israeli attempts to "weaken the Christian presence" in the city.

Thousands rally in Moscow against plan to raze Soviet-era flats

Moscow - Thousands of people protested in central Moscow on Sunday against the city's plan to tear down Soviet-era apartment blocks as part of a controversial urban redevelopment programme.

Outcry at Moscow plan to raze thousands of communist-era flats

Moscow - Valeriya Yevseyeva and her husband Alexei bought a flat last year in a five-storey brick building near a Moscow park where they love to cycle.

Filings show Ivanka Trump, husband Jared benefiting from business empire

Washington - Donald Trump's daughter Ivanka and her husband Jared Kushner have held onto investments potentially worth $740 million while working government jobs, one of the revelations from newly released ethics filings raising questions about possible conflicts o...

Family of Trump son-in-law in $4 bn deal with Chinese company

Washington - A company owned by the family of President Donald Trump's son-in-law, Jared Kushner, is set to receive more than $400 million from a Chinese firm that is investing in its Manhattan office tower, Bloomberg reported Monday.

Opening of Trump tower in Vancouver met with protests

Ottawa - US President Donald Trump's two sons inaugurated a Trump International Hotel and Tower in Vancouver, Canada as protesters outside chanted "Not in my city.

Belgrade demolitions deepen fears over waterfront plans

Belgrade - For 26 years, Vladimir Markovic ran his family transportation business in the heart of Belgrade's Savamala district.Then, two months ago, it was demolished without warning overnight.

Children of Spain's 'Red Duchess' claim disputed inheritance

Madrid - The multi-million-euro fortune of Spain's "Red Duchess", which includes an Andalusian palace, has been divided between her three children and her widow after a legal wrangle.

As Florida Keys flood, property worries seep in

Key Largo - Extreme high tides have turned streets into canal-like swamps in the Florida Keys, with armies of mosquitoes and the stench of stagnating water filling the air, and residents worried rising sea levels will put a damper on property values in the island ...

Russia indicts extradited tycoon for theft

Moscow - Russian authorities on Monday issued an indictment for fraud against tycoon Sergei Polonsky, less than a day after flying him in from Cambodia, the interior ministry said Monday.

Photo essay: Hanbury Manor, Hertfordshire, England Special

Hertford - Hanbury Manor in Hertfordshire, England currently serves as a hotel and social venue. The building, however, has a long history, dating back to the 1730s.

How a mother's love prevailed: The Suzan Hughes story Commissioned

Suzan Hughes, long-time ex-wife of deceased Herbalife founder Mark Hughes, recently won a 12-year legal battle against the trustees of her late husband's $399 million estate.

Loss-saddled Sony to sell its Tokyo 'birthplace'

Tokyo - Sony said Friday it would sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once-world beating firm struggles to repair its bottom line.The company's 16.1 billion yen ($157 million) deal to sell the real ...

Singapore says 'too early' to relax property cooling measures

Singapore - Singapore said Friday that measures it had implemented to cool down the property market have succeeded but it was "too early" to relax them.The remarks by Finance Minister Tharman Shanmugaratnam in parliament came amid concerns by analysts about proper...

Planning for your digital estate Special

It is the age of the Internet, with all its convenience and opportunity. But as more and more people embrace the World Wide Web, there are emerging challenges that must be considered.

Harry Belafonte sues Martin Luther King Jr's heirs

New York - Harry Belafonte, 86, sued the estate of Dr. Martin Luther King Jr Tuesday over three documents that used to be in Mr. Belafonte's collection of memorabilia, The New York Times reports.

Did a wealthy Brazilian bury his Bentley in his garden?

A rich Brazilian entrepreneur pretended to bury his Bentley, valued at 300,000 pounds in his garden, so he could continue enjoying the vehicle in the afterlife. The pretend "burial," however, was actually a stunt to promote organ donation.

Tolkien estate suing Warner Bros over online gaming

Los Angeles - Publisher HarperCollins, together with the Estate of Lord of the Rings author, J.R.R. Tolkien have launched a law suit against Warner Bros. for unauthorized merchandising of the Tolkien books in an online game.
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A tree in a blaze of autumn sunshine at Hanbury Manor  England
A tree in a blaze of autumn sunshine at Hanbury Manor, England
Any one for a game of outdoor chess? In the grounds of Hanbury Manor  England
Any one for a game of outdoor chess? In the grounds of Hanbury Manor, England

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