According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.
The European hotel development pipeline comprises 925 hotels totaling 149,866 rooms.
Central and Eastern Europe (CEE) continued to dominate shopping center development activity last year.
Approximately 14.1 million square meters of new shopping center space is expected to be delivered across Europe in the next two years.
As investor interest continue to grow, home prices increased 12.9 percent in July.
The violent street protests that have rocked Turkey are rooted in years of political and religious tension.
Turkey has announced plans to issue one-year residency permits to foreigners who purchase property in the country, as part of a larger campaign from the Turkish government to attract more foreign homeowners.
The number of shopping center in development around the world is up 15 percent from a year ago, with more than half of the projects in China, according to new data released by CB Richard Ellis.
European hotels posted mixed results in February as cold winter weather impacted travel, according to the latest STR Global data report. "Major airports saw delays and closures due to the winter storm earlier in the month, which affected hotel performance across the region,"
Government measures implemented to slow soaring home prices in Hong Kong didn't work in 2012. Home values rose 23.6 percent for the year, the largest increase in the world, according to the Knight Frank Global House Index released today.
Turkey real estate sales dropped by 2.35% in the third quarter compared to the previous period, but the news wasn't all that bad. When compared with results of the same period last year, general sales have experienced a growth of 1.76%. Averaging the last four quarters, a 6.76% increase was seen in sales in general.
The republic of Turkey, with a population of 75 million in western Asia, wants to be a noticeable player in the world's real estate markets. The country's real estate growth plans are ambitions. Turkey wants to attract up to $10 billion a year to its property market from investors in Europe, Asia and the oil-producing states around the Persian Gulf, including Iran, Iraq, Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates, and Oman.