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Ares Management Corporation to Acquire GCP International

Ares Management Corporation to Acquire GCP International

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Competition Bureau Begins Probe into Canadian Real Estate Association

Competition Bureau Begins Probe into Canadian Real Estate Association

by Phil Hall | Oct 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Competition Bureau, the independent law enforcement agency in charge of regulating competition in Canada, has obtained a court order to advance its investigation into potential anti-competitive conduct by the Canadian Real Estate Association (CREA) related to...
Toronto Home Sales Up While Prices Drop

Toronto Home Sales Up While Prices Drop

by Phil Hall | Oct 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales were up in the Greater Toronto Area (GTA) during September while prices were down, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 4,996 home sales were recorded through TRREB’s MLS System last month, up 8.5% from the...
Now Listed: London Apartment Adjacent to William and Kate

Now Listed: London Apartment Adjacent to William and Kate

by Phil Hall | Oct 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Apartment hunters in London in search of new rental housing now have the opportunity to become neighbors to Prince William and Kate Middleton, Princess of Wales. Mansion Global reports an apartment is available at Palace Green, a luxury complex neighboring Kensington...
Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners

Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners

by Phil Hall | Oct 2, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Australia’s opposition leader has pledged to ban foreign purchases of residential real estate for two years if he is elected as the nation’s next leader. Daily Mail reported Peter Dutton, the Liberal Party of Australia leader, announced his proposed ban on social...
Realty One Group International Expands into Mexico

Realty One Group International Expands into Mexico

by Phil Hall | Oct 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Laguna Niguel, California-headquartered Realty One Group International has expanded its global presence into Mexico. The company’s new franchisee, Marco Fernandez, plans to open offices throughout the Mexico states of Yucatan, Campeche and Quintana Roo. The company...
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