The UK government has announced plans to construct up to 18,000 new social and affordable homes at the cost of $2.58 billion. The construction period is slated to begin by March 2027 and achieve completion by June 2029. The government requested developers to submit...
Madison International Realty, the New York City-based real estate private equity firm, has expanded its global presence with opening of its first office in South Korea. Located in Seoul, the new office is Madison’s eighth global outlet and its second in Asia after the...
Japan’s Nomura Real Estate is entering the UK rental home market through a new partnership with Legal & General, the London-headquartered financial services and asset management firm. Reuters reports the partnership is planning to build more than 1,000 rental...
The Polymesh Association and Ocree Capital Inc. have partnered to launch a Canadian regulated real estate platform utilizing blockchain, with a $51.9 million commercial real estate property as its inaugural listing. According to the partnering entities, the Ocree...
The retailer Hudson’s Bay, Canada’s oldest continuously operating company, has begun liquidating nearly all of its stores. According to combined media reports, the company – which dates to 1670 – filed for creditor protection earlier this month. It owes $950 million...
The Tokyo-headquartered Open House Group Co. Ltd. has expanded its acceptance of cryptocurrencies by global clients seeking to purchase residential real estate in Japan. The company is now accepting XRP, Solana and Dogecoin for property transactions. Earlier this...
Hits and Misses for the Real Estate Week of March 16-20
