Emaar Properties made profit of $1.8 billion in 2017
By: Stanley Carvalho ABU DHABI: Emaar Properties made $1.8 billion in profit and close to $5 billion in sales in 2017, the chairman of Dubai’s largest listed developer said ahead… Read more »
Category: World
New Zealand house prices rise 6.4% in January: Report
By: Charlotte Greenfield WELLINGTON: New Zealand house prices surged for the third month in a row in January, with the commercial centre of Auckland posting its fastest growth in more… Read more »
Norway’s housing prices down 0.4% in January
By: Oslo newsroom OSLO: Norwegian seasonally adjusted housing prices fell by 0.4 percent in January from December, a real estate industry association said in a monthly report on Monday. On… Read more »
Residential projects boost construction in British cities: Survey
By: Radhika Rukmangadhan British cities are reporting record levels of construction activity as confidence in prospects for city centre residential development stays strong, a industry survey said on Tuesday. The… Read more »
Shanghai will strengthen property market regulation
By: John Ruwitch SHANGHAI: The Shanghai government will continue to strengthen its regulation of the city’s property market, Mayor Ying Yong said on Monday, as China moves to curtail real… Read more »
University of Massachusetts selling 20-acre plot of land near Boston campus
BOSTON: The University of Massachusetts is selling 20 acres of land near its Boston campus, hoping the sale can help the school’s pressing financial needs. UMass bought the site of… Read more »
China land minister pledges new residential supply: Xinhua
By: John Ruwitch SHANGHAI: China will seek new sources of residential land supply and the government will gradually withdraw from being the sole provider of these plots, the state news… Read more »
New Zealand house prices rise 5.9 % annually in December: REINZ
WELLINGTON: New Zealand house prices posted solid growth in December though the number of sales remained muted, the Real Estate Institute of New Zealand (REINZ) said on Thursday. Nationwide, median… Read more »
London home-sellers cut prices by most since 2009: Rightmove
By: David Milliken LONDON: The prices that London home-sellers are seeking for their properties fell by the most since the financial crisis this month, at a time when prices in… Read more »
New construction to lift Manhattan office rents in 2018: Report
By: Herbert Lash NEW YORK: The largest amount of new construction to hit Manhattan since the 1980s will lift asking rents this year for office space in New York as… Read more »