Archive for the ‘International Real Estate Buzz’ Category

Dubai to auction beachfront properties to repay huge debt

DUBAI — Dubai Properties, part of the business empire of the emirate’s ruler, plans to hold an auction for three beach-side plots of land next month as Dubai struggles under a weight of sovereign and corporate debt. Dubai Properties, part of Dubai Holding, said in an advertisement on Tuesday that the auction would take place [...]

U.S. Commercial Property Sales Trail Six-Year Average

By David M. Levitt July 7 (Bloomberg) — U.S. commercial real estate sales in the first half totaled about a quarter of the average of the previous six years as owners kept properties off the market, impeding investors with record funds for purchases. Buyers and sellers completed $34.2 billion of deals through June, or 26 [...]

Real Estate News: Home-Efficiency Program Takes Hit

A White House-backed effort to encourage home-energy improvements was dealt a blow Tuesday after a federal regulator said the program posed significant risks to mortgage lenders and investors. The Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, suggested the mortgage finance titans should avoid participating in the program or should tighten their [...]

Retail Architects Cut Costs, Diversify and Look Overseas as U.S. Development Remains Slow

What does a retail architect do when there aren’t many retail buildings getting built, at least in the United States? That’s a question that architecture firms that specialize in retail real estate have had to wrestle with for much of the last two years. While some companies have not survived, others have negotiated the downturn [...]

New Report Sheds Light on World of Nontraded REITs

Atlanta-based Blue Vault Partners LLC, a research firm founded last year to analyze nontraded REITs, has published its first quarter 2010 Nontraded REIT Industry Review, which finds that nontraded REITs are on track to raise $7 billion in 2010, a 17 percent increase over what the sector raised in 2009. Overall, the 49 nontraded REITs [...]

Most expensive homes in the US for 2010

by Marisol Dayton Though the real estate market has steadily declined in the last two years, luxury homes may signal a change in the market.  The top most expensive homes in the country this year are more expensive than those at the top last year.  In fact, two $60 million estates were bumped off the [...]

Top 5 Real Estate Funds

By: Zacks Investment Research May 12, 2010 | Comments: 0 Recommended this article (2) KIFAX | CSRSX | CLARX | SUSIX | RRGAX Investments in the real estate sector are expected to provide excellent protection against inflationary pressures. Additionally, they lend stability to a portfolio, despite the difficult phase real estate has passed through recently. [...]

A New Type Of Dubai Real Estate Investor Arrives

Investing in Dubai by overseas property investors is set to return but as a Homesgofast.com executive points out it will be to a different type of international real estate investor buying in Dubai. Dubai appears to have turned the corner with UAE officials recently stating that talks on reducing the $24.8 billion Dubai debt were [...]

Australia tops world real estate activity

Australia’s red-hot property market has overtaken Canada’s to become the most active in the world in the first quarter, according to a new report by Scotia Economics. Although buying momentum has shifted to the land down under, Canada’s housing price trend is only fractionally behind Australia’s, Scotia’s Global Real Estate Trends report surveying developed economies [...]

Chinese efforts have ‘cooled property market’

BEIJING — China’s recent measures to rein in soaring property prices had been effective in stabilising the real estate market, a top housing official said on Friday during a rare online chat with Internet users. “The trend of excessively fast rising residential property prices in some cities has been curbed, sparking a wide, positive response [...]