The Dubai government has rolled out a program designed to encourage first-time homebuyers among both UAE citizens and expatriates. The program is open to applicants aged 18 and above who are residents of the UAE and who do not currently own residential property in...
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 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...
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...
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, 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...
Hits and Misses for the Real Estate Week of June 15-19
