International News
$17.2 Million Listing for Penthouse Sets Record in Uruguay
Edgardo Defortuna, CEO at Fortune International, who is leading sales for the project, observed, “This is a trophy property within a landmark development that introduces a level of design, hospitality and service that Punta del Este has never experienced before.” Continue Reading $17.2 Million Listing for Penthouse Sets Record in Uruguay
British Real Estate Investor Seeks to Restore Closed UK Churches
Samuel Leeds stated that he made a £250,000 offer to purchase the former Darlaston Methodist Church in Wednesbury, England. Continue Reading British Real Estate Investor Seeks to Restore Closed UK Churches
New Forecast Warns of Double-Digit Collapse in Dubai’s Real Estate Prices
Real estate is an important aspect of Dubai’s economy, with $207.22 billion in transactions last year. Continue Reading New Forecast Warns of Double-Digit Collapse in Dubai’s Real Estate Prices
$3.5 Billion Montreal Mixed-Use Development to Include 7,000 Residential Units
Groupe Mach has unveiled its plans for the Langelier project, a $3.5 billion mixed-used development in Montreal that will encompass 7,000 residential units. The 1.45 million-square-foot project will encompass 5,700 market-rate residential units, 1,300 social and...
Greece Considers Penalty Tax on Property Owners of Vacant Homes
Among the European Union nations, Greece has the highest percentage of its population burdened by excessive housing costs. Continue Reading Greece Considers Penalty Tax on Property Owners of Vacant Homes
British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Pardeep Singh Sandhu loaned $55,000 to prospective buyers to help them secure a mortgage for a residence in Abbotsford. Continue Reading British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
The RE/MAX network has a presence in over 110 countries and territories. Continue Reading RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
The buildings’ construction will be funded by G42 while the data center will be operated by OpenAI and the tech company Oracle. Continue Reading OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
“Nationally, dwelling prices rose by 4.9% over 2024 and by a further 0.7% over the first three months of 2025,” the report said. Continue Reading Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
Mattamy Homes in New Partnership to Bring Geothermal Energy to its Housing
The new geothermal installations will span Mattamy Homes’ range of single-family residences, townhouses, and multifamily mid-rise and high-rise developments. Continue Reading Mattamy Homes in New Partnership to Bring Geothermal Energy to its Housing
eXp Realty Expands Into Ecuador
The new office will be led by Kléver Guanoluisa Torres, who previously led the RE/MAX team in Ecuador. Continue Reading eXp Realty Expands Into Ecuador
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