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China’s Rich Seek Shelter From Stock Market Storm in Foreign Property

Sydney/London: Realtors in Australia, Britain and Canada are bracing for a surge of new interest in their already hot property markets, with early signs that wealthy Chinese investors are seeking a safe haven from the turmoil in Shanghai’s equity markets. Sydney realtor Michael Pallier said in the past week alone he has sold two new […]

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Office space absorption rises 32% in top cities like Bengaluru, Pune, Mumbai, Hyderabad to face supply crunch

NEW DELHI: In what may seem a relief to property developers, office space absorption in the country’s top eight cities rose 32% to 17.9 million square feet in the first six months of 2015, according to property consultancy Cushman & Wakefield. New office space addition also posted a handsome gain, jumping 20% to 21 million […]

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Emaar Properties, MGF close to ending decade-old alliance

Dubai-based Emaar Properties PJSC and Indian partner MGF Developments are close to ending their decade-old joint venture, two people familiar with the development told ET. “Both partners are in advanced discussions to finalise the contours of the separation exercise, which is likely to be complex as it involves many running projects and large land parcels […]

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Fashion TV Branded Homes to Come Up in Lucknow

NEW DELHI: Lucknow based real estate developer New Modern Buildwell has tied up with Paris based International Fashion channel Fashion TV to develop an ultra-luxury residential project in Lucknow with an investment of around Rs 1,000 crore. This is the fourth partnership of Fashion TV for branded residences in India, after collaboration with Nahar Group […]

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Thomas Cook acquires Lower Parel office space for over Rs 130 crore

MUMBAI: Travel major Thomas Cook IndiaBSE 1.12 % has bought commercial space worth over Rs 130 crore at Lower Parel in Mumbai. The company has acquired around 72,000 sq ft office space spread over two floors at commercial complex Marathon Futurex, said two people familiar with the development. “The deal is concluded and was registered […]

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Neverland Ranch: Photos Of The Craziest And Most Bizarre Things On Michael Jackson’s Property

Michael Jackson’s Neverland Ranch is on the market for $100 million. Check out some of the most bizarre structures on the 2,700-acre property. Neverland Ranch, the property once owned by late pop singer Michael Jackson, is on the market. The grounds, now known as the Sycamore Valley Ranch, has an asking price of $100 million. […]

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F. Scott Fitzgerald ‘Great Gatsby’ House Is Listed For $3.9M In Long Island, New York

Actor Leonardo DiCaprio attends the “The Great Gatsby” movie’s world premiere at New York City’s Lincoln Center for the Performing Arts on May 1, 2013. The Long Island house where novelist F. Scott Fitzgerald wrote part of “Gatsby” in the 1920s is currently listed for $3.9 million in New York. Looking for a place to […]

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Foreign Buyer Demand for Caribbean Real Estate Spikes in 2015

According to analysis of inquiries conducted by Caribbean luxury property specialist 7th Heaven Properties, demand for Caribbean real estate has doubled during the first six months of 2015 compared to the same period last year. Analysis of inquiries received via the 7th Heaven Properties website and the company’s magazine The Caribbean Property Investor indicates that interest in […]

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Despite Greece Debt Crisis and China Stock Slide, Global Real Estate Markets Remain Steady

According to JLL, despite the debt crisis in Greece and volatility in China’s equity markets, Q2 2015 preliminary data shows global transaction volumes in the second quarter of the year totaled US$161 billion, unchanged from the same period a year ago. The US leads global commercial real estate investment in the second quarter of 2015 […]

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Australian city property prices up almost 10% year on year

Property prices in Australian cities increased by 2% in the second quarter of 2015 and are now 9.8% higher compared to a year ago, the latest index data shows. The figures from Core Logic RP Data reveal that the growth has gained momentum as the year has progressed and the firm’s head of research, Tim […]

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