HONG KONG: Dalian Wanda Group’s abrupt reworking of a $9 billion property sale was messy until minutes before a high-profile announcement, as all sides scrambled to simplify payment -underscoring Beijing’s… Read more »
NEW YORK: Indian-American hotelier Sant Singh Chatwal has signed an agreement to expand its business to India with opening of a luxurious hotel in New Delhi in 2019. The Chatwal-led… Read more »
U.S. homebuilders are feeling less optimistic about their sales prospects, although their overall outlook remains positive. The National Association of Home Builders/Wells Fargo builder sentiment index, released Tuesday, declined to… Read more »
By: Herbert Lash NEW YORK: Luxury property sales in the Hamptons, New York’s weekend haven for the wealthy, are on the upswing thanks to a buoyant stock market, with four… Read more »
SHANGHAI:China plans to squeeze high-flying billionaire Wang Jianlin’s conglomerate Wanda by cutting off new loans and regulatory approvals for deals, reports said Monday, punishing it for breaching Chinese restrictions on… Read more »
By: Arese Joe-Oshodi LONDON: Asking prices for houses and apartments in England and Wales stabilised after a drop in June, but home-buyers remain cautious as wage growth falls behind inflation,… Read more »
DUBAI/DOHA: The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed as a diplomatic crisis deters regional banks… Read more »
By: Cheng Fang | Kevin Yao BEIJING: Real estate investment in China rose 8.5 percent in the first half of 2017 from the same period a year earlier, easing slightly… Read more »
By: Herbert Lash NEW YORK: Property landlords have roughly doubled the concessions they grant in New York office leases over the past decade, a sign analysts say is one of… Read more »
By: David Milliken LONDON: British house price inflation slowed last month to its weakest since just after last year’s Brexit vote, but this time domestic political worries played the greatest… Read more »