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KKR and Marriott Partner in Japanese Lodging Endeavor

KKR and Marriott Partner in Japanese Lodging Endeavor

by Phil Hall | May 7, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

The global investment firm KKR has teamed with Marriott International Inc. (NASDAQ: MAR) in the launch of a new endeavor in the midscale hospitality space in Japan. The new partnership follows KKR’s acquisition of Unizo Hotel Company Limited and a portfolio of 14...
UN Officer Warns Europe’s Housing Crisis Will Fuel a Rise in Far-Right Parties

UN Officer Warns Europe’s Housing Crisis Will Fuel a Rise in Far-Right Parties

by Phil Hall | May 6, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The lack of affordable rental housing and homeownership opportunities across Europe could lead to a new era of far-right political parties controlling the European Parliament and the federal and local governments across the European Union (EU) members, according to a...
Toronto Home Sales Down Despite Spike in New Listings

Toronto Home Sales Down Despite Spike in New Listings

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

The Greater Toronto Area recorded 7,114 home sales during April, down 5% from last year, according to the Toronto Regional Real Estate Board (TRREB). This occurred while new listings were up 47.2% year-over-year. “Many homeowners are anticipating an increase in demand...
US Investors Buying Up Commercial Property Across London

US Investors Buying Up Commercial Property Across London

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

U.S. real estate investors are buying up commercial real estate across London at a rate not seen in nearly a decade, according to new data from BNP Paribas. Reuters reported U.S. investors spent $2.4 billion on London commercial property during the first quarter on...
Survey: Most Canadians Waiting for Lower Rates Before Buying a Home

Survey: Most Canadians Waiting for Lower Rates Before Buying a Home

by Phil Hall | Apr 29, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nearly three-quarters (72%) of potential Canadian homebuyers are waiting until interest rates drop before purchasing a home, according to the latest BMO Real Financial Progress Index report. This is a 4% increase from 2023. The new report also found 85% of Canadians...
The Richest Billionaire in Real Estate Is…

The Richest Billionaire in Real Estate Is…

by Phil Hall | Apr 29, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While many professionals acknowledge that a financially lucrative career can be found in the real estate industry, Lee Shau Kee has taken that notion to a chart-topping high. According to a new study published by Insider Monkey, the 96-year-old Hong Kong executive is...
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