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Property News

Amazon decision major blow to property buyers in Queens

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.

Berliners see red over Karl Marx Allee sale

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.

PropTech adoption is disrupting the real estate sector

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

US steps up Cuba pressure, mulls property lawsuits

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.

From sizzle to fizzle: Hong Kong's red-hot property market cools

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.

Q&A: New blockchain solutions for real estate Special

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.

Towering dreams: Trump sought a Moscow landmark for decades

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.

Alate Partners seeks to change how real estate is managed

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.

Foreigners snap up Istanbul's iconic waterfront mansions

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.

Bringing blockchain to real estate: Q&A Special

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).

Syria land law amounts to 'forced eviction', HRW says

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.

Fed-up Spanish cities are bursting Airbnb's bubble

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.

Lebanon fears Syria land law will hinder refugee returns

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.

Germany auctions ruins of vital WWII bridge

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.

NY judge rules building can dump Trump name

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.

Real estate turning to technological solutions: Interview Special

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.

The plunder of Albania's coastline exposes deeper ills

Tirana - Only when the police questioned him in January did Rrahman Qosja discover he had been the victim of identity theft -- some of Albania's publicly owned coastline had been sold in his name.

Blockchain starting to reshape real estate

Real estate has been slow to adopt blockchain technology. However, the key benefits of reduced central authority, increased speed, and, perhaps most importantly for property transactions, trust, can each be realized through the development of blockchains.

Soul-searching as symbol of 70s Singapore faces demolition

Singapore - The looming demolition of a horseshoe-shaped tower block that symbolised Singapore's growth from a port town to an affluent city-state has sparked soul-searching about whether enough is being done to protect the country's recent history.

Dubai property giant Emaar profits surge on high sales

Dibai - Dubai construction giant Emaar Properties posted a sharp rise in third quarter profits Sunday as residential sales in the glitzy emirate gathered steam.

Packed with tourists, Ibiza struggles to house locals

Ibiza - Gabriel Alberto Andrade has lived in a van for a year, unable to pay for a home in Spain's Ibiza where rental prices have shot up as mass tourism takes its toll on locals.

Palestinian family faces Jerusalem eviction after half century

Jerusalem - Fahamiya Shamasneh, a 75-year-old Palestinian woman, refuses to pack her things despite a looming deadline for evacuating the home she has lived in for more than 50 years.

Egypt squatters lose homes as state seizes land

- Hala Gamal looks at a pile of rubble on Cairo's Warraq island -- all that's left of her house after a police operation to evict residents accused of squatting on state land.

Wonderland Villas: A tale of Hong Kong's property rollercoaster

Hong Kong - Red-whiskered bulbuls start chirping around 5:00 am at Wonderland Villas, a hilltop complex in leafy northern Hong Kong whose own history charts the city's political, economic and social fortunes.

Wonderland Villas: A tale of Hong Kong's property rollercoaster

Hong Kong - Red-whiskered bulbuls start chirping around 5:00 am at Wonderland Villas, a hilltop complex in leafy northern Hong Kong whose own history charts the city's political, economic and social fortunes.

Wonderland Villas: A tale of Hong Kong's property rollercoaster

Hong Kong - Red-whiskered bulbuls start chirping around 5:00 am at Wonderland Villas, a hilltop complex in leafy northern Hong Kong whose own history charts the city's political, economic and social fortunes.

India's new property law seeks to protect home buyers

Surajpur - In 2010, Neena Nagpal and her husband spent their life savings on a flat outside Delhi that was never built. Now, a new law seeks to protect thousands of home buyers like her from unscrupulous property developers.

Britain steps up fight against dirty London property

London - Britain took a significant step towards exposing dirty money in the London property market this week, passing a law allowing the seizure of homes from foreigners who cannot explain how they paid for them.

Britain plans £369 mn refit for Buckingham Palace

London - Buckingham Palace will get a £369 million overhaul to replace leaky pipes and old cabling under a taxpayer-funded plan unveiled on Friday by royal officials and the government.

Trump name becomes liability in luxury NY real estate

New York - Trump Place Apartments are luxury living at one of New York's finest addresses, with marble floors, grand entrance halls, attentive doormen and magnificent views across the Hudson River.
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Terraced houses in Burnley  England.
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 ...
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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