Blackstone, Starwood split on commercial property market risks
TWO of the world’s biggest property investors are split on the current state of the US commercial real estate cycle.
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price
THE latest collective sale attempt by owners of Pine Grove condominium closed on Monday (May 6) without any bids, sending its owners...
Rents set to be last domino to fall in global inflation battle
SURGING rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down...
US rents climbed 1.5 times faster than wages in last four years
RENTS in most major US metropolitan areas have risen some 1.5 times faster than wages in the last four years, according to...
Australian budget to target housing woes with more construction workers
THE Australian government will boost the number of skilled workers in the housing sector in next week’s national budget, spending A$90.6 million...
UK construction growth hits 14-month high in April, PMI survey shows
BRITISH construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to...
KKR buys 14 hotels in Japan, converts them to midscale Sheraton properties
ALTERNATIVE asset manager KKR has acquired a portfolio of 14 hotels in Japan, with plans to convert them to properties under Marriott...
Abu Dhabi developer Aldar picks banks for 10-year green sukuk
ABU Dhabi’s largest real estate developer Aldar Properties has hired banks for its 10-year green sukuk offering, an arranging bank document showed...
UK house prices stagnate in April as higher mortgage costs bite
UK HOUSE prices stagnated in April, according to Halifax, adding to evidence of a property market facing headwinds from rising mortgage rates.
When buying a home is treated as a national security threat
AFTER years of living in dorms and subpar apartments, Lisa Li could not wait to close on her new home.