News / Global

Commercial Real Estate Distresses Assets in USA Rise to $64 Bn

The commercial real estate sector in the United States is grappling with a surge in distressed assets, with the value of these assets reaching around $64 bn in the 2023 Q1, Invest-Gate reports.

China’s Real Estate Market Contracts in Q2 2023

The real estate sector in China contracted again in the second quarter after a short-term expansion in the first quarter, Invest-Gate reports.

More Economic Support Expected in China After Measures to Aid Property Developer

The Chinese government has indicated additional economic support measures are forthcoming after taking initial steps to assist the struggling property sector by extending loan relief to developers, Invest-Gate reports.

China New Home Prices Drops in June for Second Consecutive Month

New home prices in China edged down in June from the prior month, for the second month in a raw, and housing sales are likely to remain weak over the summer when demand is usually at a low ebb, Invest-Gate reports.

Average Fixed Mortgage Rates in UK Hits Over 6%

The two-year average fixed mortgage rates in the UK reached 6.01% on Monday, which pushed the cost of borrowing in the kingdom to its highest level since December 2022, Invest-Gate reports.

RICS Accredits New Members Batch in Egypt

Due to the increase in real estate investment opportunities in Egypt and to preserve investors' rights, the British Royal Institution of Chartered Surveyors (RICS) approves a new batch of chartered surveyors during the last two Institute sessions, Invest-Gate reports.

Dubai to Build a $5 bn Resort Inside Moon Replica

Canadian entrepreneur Michael Henderson, Co-founder of Canadian Moon World Resorts company, seeks to build a simulated moon model, 274 meters high, on top of a 30-meter building in Dubai, Invest-Gate reports.

Chinese Real Estate Brokers Need to Reduce Fees

Housing regulator explains that Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing services to promote healthy sector development, Invest-Gate reports.

Charlie Munger: “U.S. commercial property market is in trouble.”

Charlie Munger believes there is trouble ahead for the U.S. commercial property market, Invest-Gate reports.

Evergrande Extends Deadline for Restructuring Support Agreement

Evergrande Group extends the deadline for debt holders to receive compensation to support the faltering real estate development company’s restructuring plan by three weeks, as it has not yet obtained sufficient support for comprehensive reform.

Page 19 of 25

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register