[DUBAI] Dubai real estate prices could decline by 10 to 15 per cent over the next two years, hit by new supply, geopolitical risks and the introduction of value added-tax in the United Arab Emirates, S&P Global Ratings'analysts said on Tuesday.
[NEW YORK] InterContinental Hotels Group (IHG) said it would not pay out any additional capital to investors in 2018 as it announced a better-than-expected profit for 2017 and a new strategy to speed growth.
[lONDON] Dubai government-linked property firm Meraas Holding has hired Osama al-Ayoub, a senior executive at Kuwait's sovereign wealth fund, as its chief executive officer, the company said.
[SINGAPORE] A potential S$17.5 million collective sale of the Beauty World Food Centre has been stalled, after the High Court on Tuesday declined to give three of its trustees the power to go ahead with the deal.
[SINGAPORE] Singapore's move on Monday to raise stamp duty on expensive home purchases is likely to dampen the recent wave of redevelopment sales in the city-state's recovering property market, analysts said.
[SINGAPORE] Singapore property stocks declined on Tuesday after the government raised taxes on home purchases of more than S$1 million, just as the housing market starts to recover from a four-year slump.
A SPATE of en bloc sales, coupled with a rebound in the property market at the start of the year, may indicate that Singapore developers will be more cautious in adding to their landbanks and about their pricing strategies, analysts say.
THE property market in London has moved out of its boom phase and home sellers need to be more realistic about their price demands, according to Rightmove.
SINGLES who buy a resale public housing flat to live near their parents will now receive S$10,000 under the enhanced Proximity Housing Grant (PHG) scheme.
BREXIT, the prospective withdrawal of the United Kingdom (UK) from the European Union, hasn't really hurt foreign investment into commercial property in Britain, real estate transaction data shows.
THE impact of the 1-percentage point hike in the top marginal buyer's stamp duty (BSD) rate on the portion of a residential property's value exceeding S$1million will be felt most for big-ticket purchases.
FRASERS Property is set to acquire 22 logistics and light industrial assets in Germany and Austria mainly owned and managed by developer Alpha Industrial for 282.5 million euros (S$460.5 million).
[FRANKFURT] Real estate prices in German cities may be 15 to 30 per cent overvalued, the Bundesbank said on Monday, warning that the deviation may be as much as 35 per cent in the biggest cities like Berlin, Frankfurt or Munich.
[NEW DELHI] Dozens of property investors and their families will be treated to dinner with Donald Trump junior in Delhi this week after snapping up flats in a Trump Towers luxury development on the outskirts of the Indian capital.
[MADRID] Global pension funds, insurers and other investors are holding back on buying office space in Catalonia due to fears a split from Spain could lead to an exodus of business from the region.