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Real Estate News

Global Home Price Growth Slows to a 6-Year Low in Q3

Global Home Price Growth Slows to a 6-Year Low in Q3

According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average. This marks the index's slowest rate of growth for over six years. Read More »

Paris Named Top Global Prime Residential Market for 2020, Berlin and Miami Close Behind

Paris Named Top Global Prime Residential Market for 2020, Berlin and Miami Close Behind

With capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago. Read More »

Global Commercial Real Estate Investment Dips in 2019, But Demand Remains

Global Commercial Real Estate Investment Dips in 2019, But Demand Remains

Global real estate consultant JLL is reporting this week that after a bumpy 2018, investment in global commercial real estate cooled in the first half of 2019 with year-on-year volumes dropping by 9% to $341 billion. Read More »

Hong Kong Tops London as World's Most Expensive Office Market in 2019

Hong Kong Tops London as World's Most Expensive Office Market in 2019

Rising cost of leasing prime office space accelerated across the globe due to continued economic growth, job gains and limited availability of prime space in certain markets. Read More »

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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 »

Last Updated December 23, 2019 8:30 AM ET

Cape Town Property News

According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.

According to STR, hotels across the Middle East reported mixed Q1 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

Unprecedented liquidity fueling global investors to seek out new markets and it is beginning to find its home in real estate markets in Sub-Saharan Africa.

Here are my personal picks for the Top 10 cities on Earth. Some of them may surprise you. But all of them touch me on some level (or on several levels!)

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

Prices for prime residential property in the world's leading city markets rose by only 0.2%.

Luxury residential property prices across the globe rose by 6.2% on average in the year to June 2014.

Mother's Day getaways used to be just a short drive down the road, to a favorite local restaurant.

I have an admission to make. I should have titled this story "My Top Train Rides in the World." It's my column...and these are my (totally subjective) choices! So get your ticket punched, and settle in for a quick train ride around the world...

Hotels in Abu Dhabi reported an 18.3 percent increase in occupancy rates in February compared to a year earlier, the largest gains in the region, according to new data from STR Global. The U.A.E. capital, which is growing as both a business and tourist destination.

Shanghai-based resort owner Naked Retreat plans to invest more than $160 million in new projects as demand grows for eco-themed resorts in China. While Hyatt and other traditional international hotel chains continue to expand in China.

Since 1946, it's transported presidents and kings and potentates through the mountains, deserts, savannahs, and veldts of South Africa. With an elegant ambience reminiscent of a gentler age, it offers a lucky few the chance to take a trip through a time-machine, as well as some of southern Africa's most stunning landscapes.

In an unprecedented move, Johannesburg-based RMB Westport, South Africa's second-largest financial-services company, announced the property unit of its investment banking arm has raised $250 million to develop real estate in West Africa.

Believe it or not, real estate existing real estate in South Africa currently is currently valued at $604 billion in US dollars, according to new research prepared by the Property Sector Charter Co. in Johannesburg. It is the first study of its kind about the size and shape of the country's property industry. In South African currency, the total is R4.9 trillion.

According to according to STR Global, many hotel markets around the world posted positive performance results in June, despite lingering economic concerns. STR Global reports hotels in the Asia/Pacific region experienced positive results in all three key performance metrics for June 2012 when reported in U.S. dollars.

It's hard to argue with figures but Calgary, Alberta, Canada has been ranked as the No. 1 choice in 2011 by international commercial real estate investors. The ranking was made by London-based Investment Property Databank Ltd. The survey excluded China and some other Asian countries. The top 10 best-city locations were all in North America.

(Miami, FL) - This week Miami welcomed the Volvo Ocean Race fleet, a global sailing event, with much fanfare. And as it turns out, Miami has a lot to be thankful for being the only North America stop-over on their global trek. Money. Considered one of the most prestigious sail events in the world with a global following, the 14-day Volvo Ocean Race festival scheduled in downtown Miami's Bicentennial Park will be taking place from May 6th-20th, and will attract more than 200,000 visitors worldwide including tourists, locals and sailing enthusiasts alike.

According to STR Global, South Africa saw revenue per available room (RevPAR) increase by 13.6 percent for the first two months of this year, reaching ZAR542.07. The last four months showed double-digit improvements in occupancy and RevPAR following more muted performances after the country hosted the 2010 FIFA Football World Cup, which were driven by additional supply entering the destination and increasing competition.

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