Walworth Investment Properties, a joint venture between investors Grainger and Dorrington has purchased of a residential portfolio in south London owned by Grainger for £111 million.
Hollywood action star Bruce Willis is selling his "one of a kind hacienda" in Beverly Hills, priced at $22 million. The "Die Hard" actor purchased the Beverly Hills estate for $6.3 million in 2004 under his "Ix Nay" investment trust.
Philippine's SM Investment Corporation announced today it is consolidating three of its main property businesses under SM Prime, the country's largest shopping mall operator, to create the country's biggest real estate company.
More than 4.2 million homes along the U.S. Atlantic and Gulf coasts are within storm-surge risk zones, with a total of more than $1.1 trillion worth of property exposed, according to a new report from CoreLogic.
New York Yankees third baseman Alex Rodriguez recently sold his Miami Beach mansion for a whopping $30 million, reminding the world that baseball has been very, very good to Mr. Rodriguez.
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Barwa Real Estate announced plans this week to build a $5.5 billion residential and resort project on an island off the coast of Qatar, including five temporary floating hotels to accommodate visitors for the 2022 World Cup.
Ireland's commercial property market is "showing encouraging signs of recovery," with an increasing number of international property funds bidding on assets, according to the latest report from Ireland's National Asset Management Agency (NAMA).
The pending home sales index in the U.S. increased 0.3 percent to 106.0 in April from the previous month and is 10.3 percent higher than a year ago, according to the National Association of Realtors.
Madonna has finally sold her 6,000-square-foot co-op apartment in Harperley Hall in New York's Upper West Side. After being on the market for six months, the massive duplex apartment on Central Park West was scooped up by hedge fund manager Deepak Narula.
Mortgage rates in the United States rose a slight 0.02 percent in April, according to the latest report by the Federal Housing Finance Agency (FHFA). The national average contract rate on purchases of existing homes moved to 3.56 percent,.
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market. Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs.
Accor has announced repositioning plans for its Pullman Hotels & Resorts brand, with a focus on creating a new hotel experience for upscale international travelers. The European hotel group plans to add 71 hotels under the Pullman brand by 2020.
London mayor Boris Johnson has approved a £1 billion deal with a Chinese developer today to create London's next financial district. In its first development outside of China, Advanced Business Park will create a 3.5 million-square-foot office complex.
Four years after Related Group emerged as a symbol of Miami's condo crash, the company has 11 projects with more than 2,500 condos in development in south Florida. Another 10 land deals for condo projects are in advanced stages of discussion.
The number of completed foreclosures in the United States was down 16 percent in April from a year earlier, as the market continues to work through the remains of the housing collapse. There were 52,000 completed foreclosures in April.
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Barcelona city officials are deriding a plan to develop a futuristic "space hotel" on a manmade island off the coast of Catalunya. U.S. developer Mobilona is proposing a $1.5 billion project that will include 2,000 hotel rooms and residences.
Construction crews have topped off One World Trade Center, but the developers are still scrambling to find tenants for the 1,776-foot-tall tower. No major corporate leases have been signed since publisher Condé Nast leased 1.2 million square feet of space in 2011.
The number of residential property transactions in Ireland increased by 14.4 percent during the first quarter of 2013, evidence of a recovery in a market that collapsed in spectacular fashion, post-2008.