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June 14, 2011 |

Chinese on global homebuying spree as local markets tighten

On a sunny Saturday in early June, Larry Zhou strolled the floor of a property exhibition in Hong Kong, wondering whether it was time to buy another home -- not in the city, where residential prices have soared 50 percent in the past two years, but maybe in Thailand or Malaysia.
15 minute read
December 06, 2012 |

China developers chase rich buyers abroad amid curbs at home

Chinese developers are starting to venture overseas, chasing wealthy locals who are buying apartments from New York to Sydney as the government restrains the property market at home.
8 minute read
October 12, 2010 |

Scotland's priciest home for sale gets cheaper after second cut

Scotland's most expensive house for sale, an 18th-century mansion with 85 rooms, had its price slashed for the second time this year as the global economic slump curbs the enthusiasm of millionaire buyers.
4 minute read
March 04, 2011 |

Apartment investors look beyond Class A properties

Orchard Pointe, a 17-year-old, vinyl-sided apartment complex in Vancouver, Washington, wouldn't have drawn a second look from Invesco Real Estate in early 2010, when most multifamily-property investors wanted newer, trophy buildings in coastal markets such as New York and San Francisco.
8 minute read
March 29, 2012 |

Hong Kong Kwok brother tycoons arrested

The billionaire co-chairmen of Hong Kong's biggest developer Sun Hung Kai Properties Ltd. were detained in connection with a probe into offenses suspected to have been committed under the Prevention of Bribery Ordinance.
4 minute read
August 09, 2011 |

Hong Kong sells Sha Tin site for $704 million, less than analyst estimates

Hong Kong's government, which is boosting housing supply to ease soaring home prices, today sold a site at auction 33 percent below estimates after stock markets were roiled by the U.S.'s debt downgrade.
5 minute read
June 20, 2011 |

China home prices cool as government steps up bid to avoid property bubble

China's effort to cool home prices is damping the market for existing homes, with prices in May falling from the previous month in 23 of 70 cities measured.
3 minute read
September 30, 2011 |

Abandoned airport may help solve Hong Kong's office shortage

Hong Kong's abandoned Kai Tak Airport, idle for 13 years, may hold the answer to a space shortage in the world's costliest office market where banks including Goldman Sachs Group Inc. jostle for towers.
6 minute read
March 30, 2011 |

Marketplace

Wilson Elser Moskowitz Edelman & Dicker has signed a 17-year lease for 37,000 square feet at 125 Broad St. in the financial district. The law firm plans to move the bulk of its administrative staff there and provide visiting offices and conference centers. Also, international fashion retailer Inditex Group has purchased 39,000 square feet of prime storefront retail space at 666 Fifth Ave., between 52nd and 53rd streets, for $324 million.
5 minute read
March 04, 2013 |

London luxury-home prices rise most in 10 months

Central London luxury-home prices unexpectedly rose at the fastest pace in 10 months in February as the British pound's depreciation helped attract international investors.
2 minute read

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