[WASHINGTON] US homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.
FAIR value loss of nearly S$17 million on financial instruments arising from marked-to-market positions took a toll on results for Oxley Holdings in its second quarter.
CAPITALAND on Thursday signed a memorandum of understanding (MOU) with the district government of Wuchang, one of three key areas of Wuhan in Hubei Province, to explore working with it to develop a prime site in Wuchang.
[NEW YORK] The fourth quarter was the best time for luxury-home sales in Greenwich last year. It also had the biggest discounts in almost a decade for the tony Connecticut town. High-end homes that changed hands in the quarter had their prices cut by an average of 13.5 per cent, the most since the last three months of 2008, when the housing market all but froze in the months after Lehman Brothers Holdings Inc filed the largest bankruptcy in US history, according to a report Thursday by Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.
[SHANGHAI] Chinese billionaire Wang Jianlin, faced with a quarter of his US$2 billion in Dalian Wanda Commercial Properties Co's overseas debt coming due in March, is selling off the majority of his global hotel and development projects.
[BEIJING] Growth in new home prices in China rose to a five-month high in December after stabilising for two consecutive months, despite a range of government moves to rein in an overheated property market.
[NEW YORK] Room rates at hotels bearing Donald Trump's name have dropped sharply during his first year in the White House.
[LONDON] A key gauge of British house prices unexpectedly picked up last month from its lowest level in more than four years, helped by a less negative tone in London and neighbouring areas.
US President Donald Trump said he has "no idea" whether money from Kazakhstan was invested in Trump SoHo, a condominium hotel in lower Manhattan, while meeting with the country's authoritarian president.
CHINESE billionaire Wang Jianlin has agreed to sell one of the largest luxury residential projects under development in London as his Dalian Wanda Group continues to shed assets acquired in a spree that once made him the richest man in his country.
INDIA'S US$207 billion bad loan pile could get worse.
IN a 43-square-block portion of the booming central business district here are just 23 residential units, condos in a row of four late-19th century town homes on Jefferson Place, just south of Dupont Circle.
COMMERCIAL and industrial real estate in eastern Europe remains attractive to developers, as the economic outlook outweighs the region's volatile politics, according to industry executives at a conference in Vienna.
HOLLANDIA, a residential development in District 10, has been put up for sale at an indicative price of over S$163 million.
SOILBUILD Business Space Reit reported an 11.9 per cent drop in distribution per unit (DPU) for the fourth quarter ended Dec 31, 2017 to 1.383 Singapore cents.