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Sotheby’s International Realty Establishes Presence in Turkey

Sotheby’s International Realty Establishes Presence in Turkey

by Phil Hall | Aug 8, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has entered the Turkish real estate market with the opening of Türkiye Sotheby’s International Realty. Türkiye Sotheby’s International Realty is owned by the Alfardan Group and will be led by Country Manager Can Turkan,...
Dubai Developer Damac Enters London’s Office Property Market

Dubai Developer Damac Enters London’s Office Property Market

by Phil Hall | Aug 7, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Dubai property developer Damac, which is mostly known for its luxury hospitality properties, is buying London office space for first time. According to a Financial Times report, the company is preparing to acquire office properties at bargain prices and upgrade...
Realtor Fined for Drinking Client’s Milk from a Carton Without Permission

Realtor Fined for Drinking Client’s Milk from a Carton Without Permission

by Phil Hall | Aug 2, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Canadian realtor found himself in hot water for drinking his client’s milk without permission. The British Columbia Financial Services Authority (BCFSA) enacted a C$20,000 fine against Michele (Mike) Rose for “conduct unbecoming a licensee” when he consumed milk...
Hong Kong Residents Wait an Average of 5.3 Years for Public Housing Apartments

Hong Kong Residents Wait an Average of 5.3 Years for Public Housing Apartments

by Phil Hall | Aug 2, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hong Kong residents in search of an apartment in the city’s public housing system will need to exercise patience – a lot of patience. According to a report in the South China Morning Post, the average waiting time for a Hong Kong public rental unit is 5.3 years....
Canadian Fintech Bloom Finance Co. Expands Reverse Mortgage Platform to Alberta

Canadian Fintech Bloom Finance Co. Expands Reverse Mortgage Platform to Alberta

by Phil Hall | Aug 1, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian fintech Bloom Finance Co. Ltd. expanded the availability of its reverse mortgage release platform to homeowners ages 55 and older in Alberta. The expansion follows Bloom’s launch in Ontario in 2021 and British Columbia in 2022. Bloom is the first...
Mumbai’s Luxury Home Market Sales Up 50% in First Half of 2023

Mumbai’s Luxury Home Market Sales Up 50% in First Half of 2023

by Phil Hall | Jul 27, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the world’s hottest luxury homes markets is Mumbai, India, where the sales of residences costing $1 million and higher increased by 50% during the first half of this year. According to a report in FXCompared.com, the sale of new luxury homes in Mumbai during...
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