Property News
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By AFP
Bejing -
A Beijing skyscraper confiscated from a fugitive Chinese billionaire was sold in an online auction Tuesday for 5.18 billion yuan (US$734 million), the latest twist in a salacious saga dating back to before the 2008 Olympic Games.
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By AFP
London -
Prince Harry and his wife Meghan's new home in Windsor cost £2.4 million ($3.05 million, 2.7 million euros) to renovate before they moved in, royal accounts showed Tuesday.
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By AFP
Chongqing -
In many Chinese cities, government restrictions have cooled formerly feverish property markets, but in the southwestern city of Chongqing, construction is booming and sales soaring as investors rush in.
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By AFP
Berlin -
Berlin has become the latest anti-gentrification battleground, with authorities poised Tuesday to freeze rents for five years in a bid to halt skyrocketing costs.Other capitals have taken different approaches. Here is an overview of some of them.
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By AFP
Berlin -
Berlin's government on Tuesday moved to freeze rents in the booming German capital for five years from 2020 in their latest bid to halt runaway gentrification.
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By AFP
Miami -
Carnival, the US cruise line, was sued Thursday over its use of port facilities in Cuba seized after the 1959 revolution, in the first such action under a previously unenforced US law.
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By AFP
Miami -
Carnival, the US cruise line, was sued Thursday over its use of port facilities in Cuba seized after the 1959 revolution, in the first such action under a previously unenforced US law.
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By AFP
Miami -
Jose Ramon Lopez Regueiro claims to be the sole heir of the once privately-owned Havana airport -- and he is preparing to sue in US courts to recover the property confiscated in Cuba under Fidel Castro.
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By AFP
Havana -
The US decision to enforce a tough but long-delayed law in Cuba could have far-reaching effects, including triggering an avalanche of lawsuits as well as action before the World Trade Organization.
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By AFP
Apo -
The European Union and Canada warned Wednesday of reprisals after the United States for the first time allowed lawsuits against foreign companies operating in Cuba, including EU and Canadian firms.
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By AFP
Miami -
President Donald Trump on Wednesday ramped up pressure on Cuba with new restrictions on US travel and remittances and a green light to lawsuits over seized property as he vowed to rid Latin America of leftists.
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By AFP
Washington -
The United States said Wednesday that a long-delayed law would go into effect next month that allows lawsuits over property seized by Cuba and that it issue make no exemptions for angered Europeans.
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By AFP
Washington -
President Donald Trump will open the way for lawsuits in US courts over property confiscated by Cuba, enforcing a controversial law that angered European allies and could rattle the island's economy, after more than two decades of delay.
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A new wave of crowdfunding platforms have popped up to make investing in commercial real estate more accessible to the people. One CEO who is leading this is Eran Roth, CEO of iintoo, who explains how technology is opening up investment.
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Amazon is no longer opening an HQ2 in New York City, it announced on Thursday. People on social media speculated about what the decision would mean for those who invested in Queens real estate in anticipation of the move.
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By AFP
Berlin -
Karl Marx Allee was the former East German government's showpiece -- a wide boulevard lined with Stalinist-style buildings housing the comrades. Today, the avenue is a front line in the battle against rampant gentrification in Berlin.
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Every sector of the economy is undergoing digital disruption, and commercial real estate is not exception. A new report from Altus Group Limited shows significant acceleration in adoption of property technology (“PropTech”), which will trigger changes
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By AFP
Washington -
US Secretary of State Mike Pompeo warned foreign businesses Wednesday to steer clear of formerly private properties seized by Cuba -- and said he was considering allowing lawsuits over such assets in US courts.
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By AFP
Fpo -
For young Hong Kongers like Wilson Leung getting a foothold on the city's property ladder has long been a near impossible task but with the notoriously overpriced housing market facing a downturn, they now have a chance of realising their dream.
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Blockchain is set to disrupt real; estate in 2019. Jointer’s CEO & Founder, Jude Regev offers insight on blockchain solutions for real estate property owners and investors and what the future holds for tokenization solutions.
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By AFP
Washington -
Donald Trump had a dream of building a golden 100-story tower overlooking the Kremlin in Moscow, the crowning achievement of his global real estate empire. "Russia is one of the hottest places in the world for investment," he said in 2007.
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Venture capitalists Relay Ventures and Canadian real estate firm Dream have come together to launch Alate Partners, a business focused on accelerating the development of technologies that enhance or augment how real estate is designed, built, and managed.
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By AFP
Istanbul -
They are among Istanbul's most iconic sights -- magnificent waterside mansions strung out along the Bosphorus as the waters of the strait dividing Europe and Asia lap almost at their front doors.
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Imbrex is an Ethereum blockchain based real estate marketplace. The aim is to open communication channels between the world’s real estate networks creating an environment akin to a global Multiple Listing Service (MLS).
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By AFP
Beirut -
Human Rights Watch warned Tuesday that Syria's new property law does not satisfy international standards and amounts to the "forced eviction" of vulnerable people unable to prove land ownership.
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By AFP
Madrid -
Spain may be one of the world's top tourist destinations, but many people in its biggest cities have grown exasperated with Airbnb-style rentals.And now, their city councils are taking action.
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By AFP
Beirut -
Lebanon's top diplomat warned Saturday that a recent Syrian property law could dispossess hundreds of thousands of Syrian refugees from their land back home, leaving them permanently displaced in Lebanon.
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By AFP
Frankfurt Am Main -
German authorities are selling part of the remains of the "Bridge at Remagen" -- a World War II bridgehead into the country immortalised by a 1969 US film -- in a one-of-a-kind auction.
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By AFP
New York -
A New York judge on Thursday ruled that residents in a luxury Manhattan apartment building can remove the Trump name from their facade, ruling against the US president's family real-estate firm.
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New York -
The real estate company Ideal was founded in 2007 by Aleksandra Scepanovic and partner Erik Serras. The duo identified a need to build a technologically innovative infrastructure for sales and rentals in key neighborhoods.
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Property Image
Terraced houses in Burnley, England. Alexander P Kapp
There are one billion squatters globally, that is, about one in every six people on the planet. Yet, squatting is largely absent from policy and academic debate and is rarely conceptualized, as a problem, as a symptom, or as a social or housing movement.
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