By: Leika Kihara WELLINGTON: New Zealand’s government on Tuesday softened its stance on foreign ownership of homes, rewriting a proposed law banning non-residents from investing in housing. The amended law… Read more »
By: William Schomberg LONDON: British house prices edged up from a five-and-a-half-year low in May and there was a tentative first sign of more properties for sale but it was… Read more »
By: Sumeet Chatterjee | Julie Zhu HONG KONG: Blackstone Group LP said it has raised about $9.4 billion for two new funds – the largest-ever fund dedicated to real estate… Read more »
BY: Ellen Huet WeWork Cos. is seeking to raise funds at a $35 billion valuation, a price tag that would place the co-working startup above companies like Airbnb and SpaceX,… Read more »
By: David Ljunggren OTTAWA: Canadian new home prices remained flat for the second month in a row in April as higher interest rates and tougher mortgage regulations dampened buyer enthusiasm,… Read more »
By: S Anuradha SINGAPORE: India’s Oberoi Realty has hired JM Financial and Morgan Stanley to manage a qualified institutional placement of up to US$200m, a person with knowledge of the… Read more »
By: Hans-Edzard Busemann BERLIN: Germany plans to strengthen rules to curb steep rent increases in some big cities, justice ministry documents seen by Reuters showed on Tuesday. Landlords will have… Read more »
By: Engen Tham BEIJING/SHANGHAI: China’s insurers can now invest in long-term rental housing projects, the banking and insurance regulator said on Friday, allowing such firms to diversify their investment portfolios… Read more »
SYDNEY: US private equity giant Blackstone has made a Aus $3.1 billion (US$2.4 billion) bid for office property giant Investa, the Australian-listed firm said Monday. Investa Office Fund — which… Read more »
ABU DHABI: The United Arab Emirates has announced plans to allow 100% ownership and visa incentives to foreigners, in a bid to attract investors to boost its slowing national economy…. Read more »