News / Global

Buyers of London’s Luxury Properties from Middle Easterners Hit 4-Year High

According to data compiled by MSCI, foreign dealmakers account for 57% of property investment in London during 2023, compared to 65% in 2015.

Vodafone Group Sells English HQs to Aljazira Capital’s Unit

Vodafone’s buildings are sold to IQON Capital on behalf of Aljazira Capital.

Saudi Arabia’s PIF Partners with Samsung C&T for Tech Solutions

The agreement is set to serve the fund’s projects in Saudi Arabia.

$175 Bn of Real Estate Debt Faces Default Threat

The global real estate market is severely hit by higher construction costs and interest rates.

Investors Withdraw $20 Bn from Global Real Estate Funds in 3 Months

A report by IDR Investment Management, which tracks an index of open-end diversified core equity (ODCE) funds, with a total asset value of $350 bn.

China Likely to Offer ¥160 Bn to Major Developers

According to the plan, the People’s Bank of China is set to inject ¥80 bn worth of loans at 1.75% interest.

Ellington Properties, DMCC to Launch AED 1.2 Bn Residential Project

It will also comprise a skate park, a pet play area, and a 37 m horizon pool.

Home prices in China Shrink 2.3% YoY in 2022

The latest decline comes after weeks of announcing a plan by policymakers to revive the market.

London’s Office Deals Plummet 88% YoY in Q4 2022

The market is affected by the government spending plan announced by previous Prime Minister Liz Truss.

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