International News
Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion
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...
North Korea Unveils Shoreline Tourist Mecca
North Korea’s tiny tourism industry was shut down during the pandemic and only began receiving Russian tourists again in 2024. Continue Reading North Korea Unveils Shoreline Tourist Mecca
Mauritian firm opens Kenya office to grow real estate arm
Source: Business Daily --- Mauritius-based Grit Real Estate Income Group has established a fully-fledged Kenyan office to serve its growing portfolio of assets in the East Africa region which include retail, storage and high-end residential property. The company said...
Shafiq Akbar – the Real Estate Guru
Source: Daily Times --- The real estate demand in Pakistan has seen a significant surge in recent years, particularly in urban areas. Factors such as a growing population, increasing urbanisation, and the rising sense of having a hedge against inflation have...
Mipim 2023: What to Expect in Critical Year for Real Estate on International Stage
Source: CoStar --- Mipim, the world's largest real estate conference, gets under way in Cannes this on Tuesday expecting 23,000 delegates, and there has rarely been more at stake for countries talking to the international investment community. Many will be looking for...
How trained professionals can be a force multiplier in India’s real estate market
Source: The Times of India --- After two long years of pandemic-related lockdowns and subsequent economic turmoil, India’s real estate market has continued to set unprecedented sales benchmarks through the past year. Rapid progress in urbanisation on the back of...
How hospitality is reshaping Dubai’s real estate landscape
Source: Gulf Business --- The UAE’s real estate market remains a subject of keen interest to investors, owing to its continuously ambitious expansion and advancement. Over recent years, the sector has garnered global attention, leading Henley & Partners’ new...
UK mortgages: Millions to face loan repayments beyond retirement age
Source: Yahoo! News --- The number of mortgage applications fell sharply in the final quarter last year as the cost of living is pushing those getting on the housing ladder to get longer mortgages to be able to afford the bills. The total number of house loans made in...
International Women’s Day: Five benefits of investing in real estate
Source: CNBC TV18 --- Real estate has been a male-dominated industry, but more and more women are subscribing to the benefits of investing in property. The collective interests of women home buyers now influence the supply developers put on the market. A house as an...
Coldwell Banker Uncovers Why International Buyers Dream of Owning U.S. Real Estate
Source: PR Newswire --- MADISON, N.J., March 7, 2023 /PRNewswire/ -- From diverse American cities and regions to being inspired by Hollywood, wealthy international consumers are dreaming of home in the United States. According to a recent survey by Coldwell Banker...
Real estate broker weighs in on class-action lawsuit against Realtor commissions
Source: CTV News --- A proposed class-action lawsuit alleges that some of Canada’s largest brokerages and real-estate associations are engaged in price-fixing to inflate Realtor commissions. Brokerages named in the lawsuit include ReMax, Century 21, and...
Strong demand helps sustain property market momentum in India
Source: The Economic Times --- India demonstrated strong resilience to global uncertainties in 2022 - a stark contrast to many of the advanced economies. The country maintained strong performance in 2022 across all sectors, primarily due to robust domestic demand....
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