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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...
Hilton and Marriott Expand Their Hotel Portfolios Across Africa

Hilton and Marriott Expand Their Hotel Portfolios Across Africa

by Phil Hall | Jun 18, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The hotel chains Hilton (NYSE: HLT) and Marriott (NASDAQ: MAR) have announced respective plans to expand their presence across Africa. Hilton, which currently operates 63 hotels in Africa, is planning to add more than 100 locations across the continent over the coming...
Canadian Housing Starts Mostly Flat in May

Canadian Housing Starts Mostly Flat in May

by Phil Hall | Jun 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The seasonally adjusted annual rate for housing starts in Canada was down by a scant 0.2% in May, with 279,510 units compared to the 280,181 units in April. According to data from the Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 9%...
256-Unit Luxury Residential Tower to Rise Over Nairobi

256-Unit Luxury Residential Tower to Rise Over Nairobi

by Phil Hall | Jun 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CityBlue Hotels, the Africa-focused lodging chain, has partnered with the Kenyan developer SMB Properties to launch the 256-unit Le Mirage Residences by CityBlue, a luxury residential tower in Kenya’s capital city of Nairobi. According to the companies, Le Mirage...
Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033

Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033

by Phil Hall | Jun 13, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Australia’s commercial property market size reached $33 billion in 2024 and is projected to grow to $78.5 billion by 2033, with a compound annual growth rate of 9.3% during the forecast period. According to a new IMARC Group report titled “Australia Commercial...
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