News / Global

UK House Prices Growth Slows Amid Oversupply

The UK property market is experiencing a slowdown in growth, with average asking prices rising only 1.7% from last year to £366,247 ($454,570) in April, Invest-Gate reports.

GROHE SPA Showcases GROHE SPA Brand at Milan Design Week

GROHE, a leading global brand for bathroom solutions and kitchen fittings, showcases its revitalized GROHE SPA sub-brand at Milan Design Week, Invest-Gate reports.

Default Threat Pushes British Banks to Reduce Mortgage Loans

BOE's quarterly survey of credit conditions shows that the availability of housing loans will be reduced in the second quarter. Lenders say that default rates on mortgages, unsecured credit to households, and loans to small and medium-sized businesses rose in the first quarter and are expected to increase further.

Blackstone Raises $30.4 bn for Real Estate Fund

Blackstone Inc raises $30.4 bn for its latest global real estate fund as the private equity behemoth looks to double down on the industry, Invest-Gate reports.

US Commercial Real Estate Debt Hits $1.5 tn

The investment bank estimates that valuations of retail and office properties could drop 40% from peak to trough, increasing the risk of default.

Minister of Youth and Sports Witnesses Strategic Partnership Announcement Between ZED F.C, Aston Villa

Ashraf Sobhi, Minister of Youth and Sports, witnessed the announcement of ZED’s F.C partnership agreement with the English club Aston Villa to benefit from their sports and administrative experiences that reach nearly 150 years, to develop the level of coaches and players in ZED, and providing an opportunity for outstanding talents to be international players in addition to preparing administrative cadres that contribute to the advancement of Egyptian sports.

LIXIL Launches New Environmental Strategy

LIXIL, the water and housing products maker, announces its updated environmental strategy, Invest-Gate reports.

Dolce & Gabbana Plans U.S., Spain, Maldives Real Estate Projects

The Italian fashion group Dolce & Gabbana said it would enter the real estate sector, with two residential schemes in the United States and Spain and a hospitality project in the Maldives, Invest-Gate reports.

New home sales in China Jump 55.7% MoM in March

New home sales in China surge 55.7% month-on-month in March 2023, compared to a growth of 31.9% in the previous month, Invest-Gate reports.

Mashoura Launches Business Expansion Program in UK

UK-based business consultation company, Mashoura, announces the launching of the UK business expansion program, which helps companies seeking to expand in the kingdom, Invest-Gate reports.

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