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THE WORLD PROPERTY JOURNAL

A Digital Newspaper for the Global Real Estate Industry

Africa to Attract Significant Foreign Real Estate investment

Africa to Attract Significant Foreign Real Estate investment

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


Freddie Mac Sells Record-Setting $985 Million of Deeply Delinquent Loans

Freddie Mac Sells Record-Setting $985 Million of Deeply Delinquent Loans

Freddie Mac announced this past week it sold via auction 5,398 deeply delinquent non-performing loans. Read More »

My Top 10 Lakeside Hotels Around the World

My Top 10 Lakeside Hotels Around the World

Is there anything as romantic as a beautiful hotel or lodge sitting right on a scenic lake? Anything as peaceful? Well, maybe...but it might be hard to find! Read More »

U.S. Mortgage Rates Move Down in Late March

U.S. Mortgage Rates Move Down in Late March

Average fixed rates that continue to run below four percent will help keep affordability high for those in the market to buy a home as we head into the spring home buying season. Read More »


Global Property Spotlight

The Landings - (St. Lucia, West Indies)

The Landings - (St. Lucia, West Indies)

While investors in Sunbelt real estate have watched their property values slip and slide over the past year, those who discovered the tiny island of St. Lucia have smiles on their faces. Read More »


Regional Real Estate News

Last Updated March 30, 2015 8:00 AM ET

North America

Freddie Mac announced this past week it sold via auction 5,398 deeply delinquent non-performing loans.

Is there anything as romantic as a beautiful hotel or lodge sitting right on a scenic lake? Anything as peaceful? Well, maybe...but it might be hard to find!

Average fixed rates that continue to run below four percent will help keep affordability high for those in the market to buy a home as we head into the spring home buying season.

Real estate development firm, Irongate, has broken ground on the second tower of The Ritz-Carlton Residences, Waikiki Beach and launched the final phase of sales at the luxury residential community.

According to the latest RealtyTrac research on wage growth and home price appreciation during the U.S. housing recovery of the past two years, U.S. home price appreciation has outpaced wage growth in 76 percent of U.S. housing markets.

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 20, 2015, mortgage applications increased 9.5 percent from one week earlier.

Last Updated March 5, 2015 10:05 AM ET

Latin America

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.

The property division of Carrefour Argentina has opened Terrazas de Mayo, a new shopping centre valued at $29 million,

It won't happen overnight. But the shot heard 'round the world - President Obama's "opening" with Cuba - will have momentous effects on the resort-development.

Last Updated March 27, 2015 9:27 AM ET

Europe

Is there anything as romantic as a beautiful hotel or lodge sitting right on a scenic lake? Anything as peaceful? Well, maybe...but it might be hard to find!

According to STR Global, the European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds for February 2015.

According to JLL, the REDI Shopping Centre project in the metro quarter of Kalasatama, Helsinki, has been launched by SRV Group Plc.

In 2014, investor-lead transactions totaled €7.8 billion across all of Central and Eastern Europe's commercial real estate markets.

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.

Last Updated March 20, 2015 10:21 AM ET

Asia Pacific

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.

Despite a slowing Asian economy, commercial property investing in the region is expected to remain strong in 2015 as appetite for prime core assets rises.

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.

According to CBRE, Grade A office vacancy rates in Tokyo increased 1.5 points month-over-month to 5.3% in February 2015.

Last Updated March 30, 2015 8:30 AM ET

Middle East and Africa Pacific

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.

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.

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