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Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos

Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos

by Phil Hall | Jun 30, 2025 | International Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Real estate agents in the Australian state of New South Wales (NSW) could soon be required to disclose if the photographs used in their rental listings were digitally manipulated using artificial intelligence (AI). According to combined media reports, the new law was...
Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion

Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion

by Phil Hall | Jun 30, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
North Korea Unveils Shoreline Tourist Mecca

North Korea Unveils Shoreline Tourist Mecca

by Phil Hall | Jun 30, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A highly unlikely new player has emerged in the Pacific Rim tourism industry – North Korea. The Associated Press reports North Korean leader Kim Jong Un has inaugurated the Wonsan-Kalma coastal tourist zone, which encompasses hotels, restaurants and cafeterias, and...
Brigil Previews Proposed $1.3 Billion Quebec Urban Hub

Brigil Previews Proposed $1.3 Billion Quebec Urban Hub

by Phil Hall | Jun 26, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian real estate developer and contractor Brigil has previewed its Espace Canevas community project, a planned $1.3 billion urban hub in Gatineau, Quebec. Espace Canevas will be based at the site of the former Village Cartier shopping center. The project will...
Pacaso Expands into the Italian Market

Pacaso Expands into the Italian Market

by Phil Hall | Jun 20, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, has expanded its European presence into Italy with the addition of new homes in Florence, Milan and Rome. In a statement, the company said that it can “provide financing options...
Latvia Bans Property Purchases by Russia and Belarus Nationals

Latvia Bans Property Purchases by Russia and Belarus Nationals

by Phil Hall | Jun 20, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The parliament in Latvia has approved a bill that will prevent citizens from Russia and Belarus from buying real estate within the nation. Kyiv Independent reports the new bill also prevents entities that are least 25% owned by Russian or Belarusian nationals from...
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