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.
According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.
International real estate consulting firm Knight Frank is now reporting that their Global House Price Index has risen for eight consecutive quarters.
A total of 39 million square meters of new shopping center space is currently under construction across the world's major cities.
Istanbul's office market hit a record high for office market transactions in 2013, dominated by large owner-occupier deals.
Starwood Hotels & Resorts Worldwide plans to increase its European hotel portfolio by almost 40 percent in the next five years.
St. Regis Hotels & Resorts has signed an agreement to open the brand's first location in Turkey.
Wyndham Hotel Group recently announced plans to enter the U.A.E. with its first property in Dubai.
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.