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Property: a blessing and a burden for the Vatican

Vatican City - Prestigious addresses in Paris, London and Geneva and 3,000 properties across Rome: the Vatican has revealed more details of its real estate empire, a source of income -- and scandal.

$59 million Hong Kong flat sale sets new Asia record

Fpo - Hong Kong may be in its worst recession in years but its luxury property market is still thriving after a five-bedroom apartment broke records with its $59 million price tag.

For sale: London's thinnest house

London - Blink and you could easily miss it. Wedged between a doctor's surgery and a hairdressing salon, London's thinnest house is only identified by a streak of dark blue paint.But the five-floor house in Shepherd's Bush -- which is just 5ft 6ins (1.

Britain's Prince Andrew facing lawsuit over Swiss chalet

Verbier - Legal proceedings have been launched in Switzerland against Britain's Prince Andrew and his ex-wife Sarah, a newspaper reported Thursday, over money they still owe on a luxury chalet.

A concrete problem: Olympic delay spells limbo on Athletes' Village

Apo - Hundreds of luxury apartments overlooking Tokyo Bay that were due to be converted from the Athletes' Village have already been sold -- just one of the many headaches caused by the historic postponement of the Tokyo Olympics.

Hong Kong businessman pays almost $1m for parking space

Fpo - Hong Kong might be heading for recession after months of violent protests but that hasn't stopped one businessman from forking out almost $1 million for a parking spot.

Confiscated Bejing skyscraper sold via online auction

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.

Harry and Meghan's new home cost $3 million to refit

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.

In China's Chongqing, high-rises buck property slowdown

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.

How cities around the globe fight rising rents

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.

Berlin opts for five-year freeze on rents to curb rocketing rates

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.

Carnival sued in US over seized property in Cuba, in a first

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.

Carnival sued in US over seized property in Cuba, in a first

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.

Cubans ready to sue in US courts for confiscated properties

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.

Flood of lawsuits, flight of investors on cards with US Cuba move

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.

EU, Canada warn of reprisals as US targets foreign interests in Cuba

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.

Trump ramps up pressure on Cuba in Latin America offensive

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.

US announces Cuba property law despite EU warnings

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.

After 23-year delay, US squeezes Cuba on confiscated property

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.

Q&A: Making commercial real estate investing accessible Special

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.

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).
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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.
Terraced houses in Burnley  England.
Terraced houses in Burnley, England.
Alexander P Kapp

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