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Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario

Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario

by Phil Hall | Oct 24, 2023 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Equiton Residential Income Fund Trust, a Canadian private equity firm, has completed its $21.5 million acquisition of Scenic Tower, a multifamily property in London, Ontario. The nine-story Scenic Tower has 115 units, and 148 combined outdoor and underground...
Dubai Developer Damac Enters London’s Office Property Market

Dubai Developer Damac Enters London’s Office Property Market

by Phil Hall | Aug 7, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Dubai property developer Damac, which is mostly known for its luxury hospitality properties, is buying London office space for first time. According to a Financial Times report, the company is preparing to acquire office properties at bargain prices and upgrade...
The City With the Most Luxury Home Sales Is…

The City With the Most Luxury Home Sales Is…

by Phil Hall | Jul 7, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The capital of the global luxury home market during the first quarter of this year was Dubai, according to a new data analysis from the real estate consulting group Knight Frank. Working with the definition of luxury homes being residences costing $10 million and up,...
Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges

Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges

by Phil Hall | Jun 19, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Chinese property developer wanted by the U.S. government on bribery charges has agreed to be extradited. The South China Morning Post reported that Zhang Li, co-founder of Chinese property developer Guangzhou R&F Properties, was arrested last year at London’s...
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