real estate

Layoffs and empty streets as Australia's boom towns go bust

When Probo Junio got a visa to work in Australia, he thought he had won a ticket to the good life. In 2013, the 45-year-old boilermaker left his hometown of Cebu in the Philippines, where he was getting paid about $10 a day, to work in Karratha in Western Australia for $30 an hour. Enough to support his relatives and build a new life Down Under.

Read Full Article

Wall St. watchdog to target 'smart' ETFs, loans, in 2015 examinations

Sales of "smart beta" funds, the fastest-growing segment of the exchange-traded fund market, are among the issues Wall Street's private watchdog will review in its 2015 examinations of U.S. brokerages, the regulator said on Tuesday.

Read Full Article

Miami’s billion-dollar art fair becomes platform for selling everything

Miami is readying for the 13th installment of Art Basel Miami Beach, among the world’ most important contemporary art fairs, a five-day extravaganza that has become a magnet for high-end real estate and luxury brands to align themselves with the artistic set to attract the world’s biggest spenders.

Read Full Article

Come spring, 'For Sale' signs expected in U.S. riot-hit town

Realty brokers in battered Ferguson, Missouri, are predicting many homes could go up for sale early next year after rioting over the August police shooting of a black teenager appeared to put a chill on the number of active listings.

Read Full Article

Sears Holdings explores creation of REIT to raise cash

Struggling retailer Sears Holdings Corp (SHLD.O) said it was exploring the conversion of 200-300 stores to a real estate investment trust (REIT) and offer it to shareholders through a rights offering to raise cash.

Read Full Article

China's central bank sees 'very low' risk of hard landing

The chance of a hard landing for China's economy is very small in spite of worries about the country's real-estate sector, the chief economist of the People's Bank of China said on Saturday.

Read Full Article

Italian real estate firm Risanamento inks deal to sell nine of its French properties

Risanamento has announced on Wednesday that the company would sell eight of its properties in France to Chelsfield and The Olayan Group while company shareholder Luigi Zunino was offered one property, reported Reuters.

Read Full Article

Realty Mogul says members have invested $14.6M in properties worth more than $100M

Realty Mogul, a crowdfunding startup focused on the real estate market, said its members invested $14.6 million of equity in properties worth more than $100 million, TechCrunch reported.

Read Full Article

Next wave of super-rich heading for London as new crises bite

Political and financial upheaval in some of the world's largest emerging economies is driving a new wave of rich migrants to London's supercharged property market as a place to park their wealth, data from a leading real estate agency showed on Friday.

Read Full Article

Dubai-based Nakheel announces $44.1M worth of land deals

Nakheel said in its statement on Thursday that it was able to close sales of land plots in the Al Furjan and Jumeirah Village Triangle areas worth a collective $44.1 million or over AED162 million.

Read Full Article

Pan intends to regrow the Regent brand back in Hong Kong, China

Formosa International Hotels chairman Steven Pan Si-liang is not daunted to the task of expanding the Regent Hotel brand to saturated Hong Kong and China markets, as evident in a recent interview by the South China Morning Post.

Read Full Article

Blackstone Group-backed Invitation Homes amass 700 Twin Cities real estate

An economics expert told Minnesota Public Radio News that the Blackstone Group's strategy to acquire private homes across the US was strategic as the latter was able to dominate and capitalize opportunities in a new market segment.

Read Full Article

Guangzhou R&F Properties Co acquires Malaysian sites for MYR 4.5 billion

China-based developer Guangzhou R&F Properties Co will be making its first acquisition abroad, paying USD 1.4 billion to the Sultan of Johor for six sites in Johor Bahru in Malaysia.

Read Full Article

UK economy recovers, credits house building and investments

New data released by the the Office for National Statistics in London today indicated a brighter economic outlook in the UK, thanks largely to an increase in business investments and home constructions.

Read Full Article

Mississippi ranks first in US construction employment growth, Tennessee drops to 44th

According to a new report by the Associated General Contractors of America, Mississippi has led the US in construction job growth third quarter of this year. Former leader Tennessee has dropped to rank number 44.

Read Full Article
1 2 3 4 5

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics