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THE WORLD PROPERTY JOURNAL

A Digital Newspaper for the Global Real Estate Industry

Top International Golf Resort Communities Revealed

Top International Golf Resort Communities Revealed

Next to soccer, or football as it is known worldwide, no other sport is truly more global than golf. Indeed, a newly published report by the prestigious Royal & Ancient Golf Club of St Andrews shows there are 34,011 golf facilities in 206 countries. Read More »


Most Millennials Buying a Home Soon Unaware of Closing Costs

Most Millennials Buying a Home Soon Unaware of Closing Costs

Approximately two-thirds of Millennials, adults between the ages of 18-34, who plan to buy a home are unaware of closing costs. Read More »

U.S. Housing Starts Uptick 2 Percent in March

U.S. Housing Starts Uptick 2 Percent in March

Nationwide housing starts rose 2 percent to a seasonally adjusted annual rate of 926,000 units in March 2015 from an upwardly revised February reading. Read More »

Q1 Foreclosure Activity in U.S. at Lowest Levels in 8 Years

Q1 Foreclosure Activity in U.S. at Lowest Levels in 8 Years

Foreclosure filings -- default notices, scheduled auctions and bank repossessions -- were reported on 313,487 U.S. properties in the first quarter of 2015 Read More »


Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »


Regional Real Estate News

Last Updated April 17, 2015 8:56 AM ET

North America

Next to soccer, or football as it is known worldwide, no other sport is truly more global than golf. Indeed, a newly published report by the prestigious Royal & Ancient Golf Club of St Andrews shows there are 34,011 golf facilities in 206 countries.

Approximately two-thirds of Millennials, adults between the ages of 18-34, who plan to buy a home are unaware of closing costs.

Nationwide housing starts rose 2 percent to a seasonally adjusted annual rate of 926,000 units in March 2015 from an upwardly revised February reading.

Foreclosure filings -- default notices, scheduled auctions and bank repossessions -- were reported on 313,487 U.S. properties in the first quarter of 2015

Builder confidence in the market for newly built, single-family homes in April rose four points to a level of 56 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

California's housing market continued to pick up steam as existing home sales and prices propelled higher, with both posting back-to-back increases in March 2015.

Last Updated April 14, 2015 10:56 AM ET

Latin America

Miami's real estate market remains a top destination for foreign buyers despite economic slowdowns in Latin America and Western Europe.

In Cuba, 220 miles south of Miami, real estate is considered hotter than any other commodity on the world market today.

London is still the most important global city for the world's ultra-high-net-worth individual (UHNWI), followed by New York and Hong Kong.

London's West End is the world's most expensive office market for the third consecutive year, retaining its title ahead of runner-up Hong Kong.

The Gilinski Group and Four Seasons Hotels and Resorts teamed up and announced plans this week for the management of two hotels in Bogota.

Nearly US$3 trillion of the world's private wealth is held in owner-occupied residential properties.

Last Updated April 17, 2015 8:56 AM ET

Europe

Next to soccer, or football as it is known worldwide, no other sport is truly more global than golf. Indeed, a newly published report by the prestigious Royal & Ancient Golf Club of St Andrews shows there are 34,011 golf facilities in 206 countries.

According to European property developer MGM, British interest in buying a ski property in the French Alps is at its highest level in more than a decade.

According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015.

Central London's office leasing activity totaled 2.4 million sq ft in Q1 2015, on a par with the same period in 2014 which saw the highest first quarter volumes since 2007.

The strong investment activity in the core Central European markets of Poland, Czech, Slovakia, Hungary and Romania has continued in the first quarter of 2015 with €1.3bn ($1.4bn USD) invested.

According to a new report by TheMoveChannel.com, Rome is leading the rebound in demand for European property in Q1, 2015.

Last Updated April 9, 2015 9:40 AM ET

Asia Pacific

To address the question of how poor air quality in Beijing is impacting China's commercial office markets CBRE has just released a new report.

Tokyo cemented its lead as the top destination in the APAC region for market entries by international retailers, as cities in Asia Pacific saw 464 new retail entrants in 2014.

According to a new report by CBRE, demand for logistics facilities in the Greater Tokyo area remains strong from both occupiers and investors,

Vietnam has been revealed as the world's top outsourcing location for the first time, according to new research from global real estate adviser Cushman & Wakefield.

Asian intentions to invest in commercial property assets will remain strong this year with Tokyo being the most active market in 2015.

A new island resort in the Maldives by an accomplished hotel operator with the rare opportunity of property for sale has been unveiled this month.

Last Updated April 17, 2015 8:56 AM ET

Middle East and Africa Pacific

Next to soccer, or football as it is known worldwide, no other sport is truly more global than golf. Indeed, a newly published report by the prestigious Royal & Ancient Golf Club of St Andrews shows there are 34,011 golf facilities in 206 countries.

According to a new report by Knight Frank, an increased number of international investors are investigating opportunities in African real estate markets.

International real estate consultancy Cluttons is reporting that Phase 1 of the new master-planned commercial development called Sohar Port City is now open for business.

A cosmopolitan lifestyle is expected to be among one of the main factors that influence the selection of a real estate investment destinations for Middle East buyers in 2015.

Even with the significant drop in oil prices in the second half of 2014 and the start of 2015, investors from the Middle East continue to have a strong appetite for real estate investment globally.

London is still the most important global city for the world's ultra-high-net-worth individual (UHNWI), followed by New York and Hong Kong.

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