Innovation centres have been popping up around China and are set to more than double to nearly 5,000 in the next five years, according to internet research firm iiMedia. The only problem for local governments is that entrepreneurs are not moving in. Many centres are in small Chinese cities or ... Read More »
LONDON — The British pound dropped sharply Tuesday to a 31-year low on concerns that the country’s decision to leave the European Union will cause a steep slide in U.K. commercial real estate values and hurt the wider economy. Markets were jittery after three financial firms stopped trading in their ... Read More »
Australia is now the world’s second most transparent real estate market, according to the recently released JLL Global Real Estate Transparency Index 2016, supporting the solid investment fundamentals that have attracted high levels of foreign investment into Australia. The index, compiled every two years, ranks countries by looking at factors ... Read More »
The ease of doing business in Australia, with its stable and transparent regulatory and legal system, strong ethical governance and high professional standards, has led to a significant rise in foreign capital inflows for the residential and commercial sectors, according to JLL. The world’s 10 most transparent markets account for ... Read More »
Traditionally Indian individuals have been buying properties – both residential as well as commercial, for capital appreciation and regular income through rentals. However, over time the manner in which investors look at this sector has changed and many new investment options in real estate have been made available. Over last ... Read More »
U.K. real estate is beginning to shake from the Brexit earthquake. Investors are pulling money out of commercial property, and shares in housebuilding companies are falling fast. Three big asset management firms have halted trading in real estate investment funds in the last 24 hours, the latest sign of turmoil ... Read More »
NEW DELHI: Kochi will become a highly- preferred real estate destination in the country driven by various infrastructure development projects in the city, which has been included in the list of Smart Cities programme, says a report. “Kochi hits a six to become the next highly preferred real estate destination ... Read More »
NEW DELHI: A group of home buyers has claimed that the draft rules for the Real Estate (Regulation and Development) Act circulated by the government recently ignores the interest of buyers in ongoing housing projects and should be reconsidered. The group, under the banner ‘Fight for RERA,’ pointed out that ... Read More »
Sporting a Nehru jacket and addressing an audience that included Indian Prime Minister Narendra Modi, Adam Neumann made it clear he didn’t want his company to be thought of as a number. Even if that number was $16 billion. “For such a spiritual country, I’m surprised from the amount of ... Read More »
The Chinese government’s call to the nation to build an innovation-driven economy from the top down has sparked a rush by local governments to construct new buildings in the name of supporting creativity. Innovation centres have been popping up around China and are set to more than double to ... Read More »
U.S. housing starts slipped in May as the construction of multi-family housing units dropped, but further gains in building permits suggested a rebound that would continue to support economic growth in the second quarter. Groundbreaking fell 0.3 percent to a seasonally adjusted annual pace of 1.16 million units, the Commerce ... Read More »
The cost of food, clothing and transportation has only been inching up slowly in the last year, helping American households make ends meet. But for renters, the pressure on their paychecks keeps rising. The latest sign came from the government’s monthly report on the consumer price index, which breaks out ... Read More »
