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THE WORLD PROPERTY JOURNAL

Bermuda Tops 'Top 20' Islands List for Investment by World's Super Wealthy

Bermuda Tops 'Top 20' Islands List for Investment by World's Super Wealthy

Based on the Candy GPS Report published this week, Bermuda has claimed the number one spot in a new list of the world's top 20 islands for ultra-high net worth individuals (UNHWI) real estate investment. Read More »


Architecture Billings Index Bodes Well for U.S. Construction Industry

Architecture Billings Index Bodes Well for U.S. Construction Industry

According to the AIA, all geographic regions and building project sectors in the U.S. showed positive conditions and heightened level of demand for design services. Read More »

8.1 Million U.S. Homes Have $1.4 Trillion in Negative Equity in Q3

8.1 Million U.S. Homes Have $1.4 Trillion in Negative Equity in Q3

According to RealtyTrac's U.S. Home Equity & Underwater Report for the third quarter of 2014, 8.1 million U.S. residential properties were seriously underwater. Read More »

Home Remodeling Index in U.S. at Record High

Home Remodeling Index in U.S. at Record High

Good news for Home Depot and Lowe's. The National Association of Home Builders' Remodeling Market Index reclaimed the high-water mark of 57 in Q3 2014. Read More »


Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »


Regional Real Estate News

Last Updated October 24, 2014 8:30 AM ET

North America

Based on the Candy GPS Report published this week, Bermuda has claimed the number one spot in a new list of the world's top 20 islands for ultra-high net worth individuals (UNHWI) real estate investment.

According to the AIA, all geographic regions and building project sectors in the U.S. showed positive conditions and heightened level of demand for design services.

According to RealtyTrac's U.S. Home Equity & Underwater Report for the third quarter of 2014, 8.1 million U.S. residential properties were seriously underwater.

Good news for Home Depot and Lowe's. The National Association of Home Builders' Remodeling Market Index reclaimed the high-water mark of 57 in Q3 2014.

According to Cushman and Wakefield, U.S. industrial property vacancy rates have dropped to its lowest level in more than a decade during the third quarter of 2014.

The skies over Miami are filling up with cranes - again. strong demand for existing Miami properties fueled sales and price growth in September.

Last Updated October 14, 2014 10:06 AM ET

Latin America

100 days into the term of president Juan Carlos Varela, the real estate market is finding many reasons to applaud the new administration.

Host country experienced strong hotel performance gains during the months of June and July.

The Caribbean and Mexico hotel development pipeline comprises 167 hotels totaling 28,140 rooms.

Central and South America's combined hotel development pipeline comprises 384 hotels totaling 62,958 new rooms.

In a world of ever-increasing work demands, it seems people are becoming more stressed than before.

Central and South America hotel development pipeline comprises 400 hotels totaling 65,479 rooms.

Last Updated October 20, 2014 8:00 AM ET

Europe

Asset management agencies have almost €264 billion of European non-core real estate exposure.

Over £1.17bn ($1.8 billion) worth of shopping centers transacted occurred during Q3 2014.

JLL's Hotels & Hospitality Group is reporting a Chinese investor has closed on the purchase of the Paris Marriott Hotel Champs-Elysées

More alpine sales are taking place at lower price points as the resilience of the ultra-prime markets start to ripple down the market price ladder.

The small nation of Montenegro, one of Europe's newest countries, is attracting the attention of both holidaymakers and serious high rollers.

Madrid is forecast to be one of the best performing European office markets within the next two year.

Last Updated October 22, 2014 10:09 AM ET

Asia Pacific

Asian investors are on track to spend more on U.S. multifamily assets in 2014 than at any other point in history.

Houston-based global real estate firm, announced the launch of Hines India Residential.

London has become the world's most expensive city for companies to locate employees.

According to STR Global, hotels in the Asia Pacific region experienced mostly positive results during August 2014 when reported in U.S. dollars.

Megaworld, has announced that it is to develop McKinley West - an ultra-high-end township on a 34.5-hectare former JUSMAG in Fort Bonifacio

Multinational companies (MNC) are increasingly investing in purchasing offices in India and China.

Last Updated October 21, 2014 3:40 PM ET

Middle East and Africa Pacific

Master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced today the full installation of the Louvre Abu Dhabi dome structure.

Bahrain's current economic stability has begun to impact its residential property market with stabilizing rates.

According to STR Global, the Middle East and Africa region reported mixed performance during August 2014 when reported in U.S. dollars.

Strong economic activity in Oman, underpinned by the government's heavy inward investment, has continued to drive job creation.

In the fall of 2015, The Residences at W Tel Aviv - Jaffa is set to become the centerpiece of an extensive preservation and redevelopment project.

The first residential development in the Saadiyat Cultural District.

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