W Hotels eyes its first property in India in November
NEW DELHI (INDIA): W Hotels Worldwide plans to open its first hotel in India, W Goa, in early November, as it seeks to expand its global portfolio to 75 properties… Read more »
Category: World
China property bubble could cost banks $600 billion in bad debts
By Lianting Tu China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 per… Read more »
Three more Chinese cities set new curbs on home-buying to prevent bubble
BY Clare Jim HONG KONG: Two cities in China’s southern Guangdong province and the southeast city of Fuzhou imposed new home buying restrictions on Thursday aimed at preventing a property… Read more »
UK annual house price growth slows to new 3-year low
BY William Schomberg LONDON: British house prices rose at their slowest pace in more than three years in the three months to September, figures from mortgage lender Halifax showed,… Read more »
Toronto home sales soar in September from a year ago
BY JOHN TILAK TORONTO: Home sales in the greater Toronto Area (GTA) jumped 21.5 percent in September from a year ago and prices climbed at a similar pace, data showed… Read more »
Malaysia hits record high with 26th in global property rights survey
KUALA LUMPUR: Malaysia placed 26th out of 128 nations in this year’s International Property Rights Index (IPRI), the biennial index that measures countries’ protection of physical and intellectual rights. Malaysia’s score… Read more »
Residential property markets set to benefit from new global measurement standard
NEW DELHI (INDIA): After intensive consultations and deliberations over the last one year, the International Property Measurement Standards (IPMS) Coalition—a group of over 83 professional and not-for-profit organisations today announced… Read more »
Vancouver home sales down second month after foreign owners tax
By: Ethan Lou TORONTO: Home sales in the Vancouver region’s heated housing market fell for the second consecutive month after the province introduced a tax on foreign home ownership, the… Read more »
AccorHotels looks to online, luxury to boost earnings
By: Dominique Vidalon PARIS: AccorHotels expects investment in its online business and its expansion in the luxury hotel sector to lift earnings and allow it to triple revenue in the… Read more »
London property investment tumbles 36pc, as growth slows for first time in seven years
By Rhiannon Bury London has slipped from its position as the most invested-in property market to be overtaken by New York, as total investment in buildings across the globe fell… Read more »