International
JLL expands resi offering into Ireland with Dublin agency acquisition
JLL has acquired Dublin-based specialist residential agency Guardian Property Asset Management, in a "logical next step" for the international roll-out of the firm's resi ambitions.
China: The new billionaire capital of the world as Wanda’s Jianlin tops the rich list
China is now home to 596 dollar billionaires after the mega-rich population grew by 68.
Bubble Watch: A field guide to the world’s most over-valued property markets
The "majority of world cities are significantly overvalued" says UBS in its Global Real Estate Bubble Index, as it charts the imminent risk of price drops in key global hubs.
Introduction
Uh Oh We’re In Bubble: London is the most over-valued city in the world – UBS
Property prices in London and other global financial centres "are now, in many cases, fundamentally unjustified," says UBS. "The risk of a real estate bubble in these cities has risen sharply."
IMF Global Housing Watch: House prices ‘continue a slow recovery’
House prices around the globe "continue a slow recovery," according to the International Monetary Fund's latest quarterly stats.
China’s biggest resi developer makes NYC debut with Foster + Partners tower
Aby Rosen's RFR Holding and China's Vanke have kicked off sales at One Hundred East Fifty Third Street, a new Foster + Partners-designed addition to the New York City skyline.
Cooling measures drive Singapore developers into UK & Australian markets
Seven rounds of cooling measures brought in by the Singaporean government between 2010 and 2013 have triggered a giant wave of investment overseas, according to new research.
LA-based real estate firm sets sights on London
"Luxury real estate network" Realty Group International has announced plans to enter the London market before the year is out, as part of an international expansion drive.
Sotheby’s International unifies across Italy
Sotheby’s International Realty has pooled its existing affiliate brokerages in Milan, Lake Como, Rome and Tuscany to create one nation-wide operation covering all (most) of Italy.
Manhattan developer offers private jet service to residents
Fisher Brothers, Witkoff and New Valley, the developers of 111 Murray Street, a 157-unit 800-foot high tower in TriBeCa, NY, have signed a "first-of-its-kind partnership" with a luxury jet broker.
Where The Wealth Is: USA dominates super-rich rankings with half the world’s UHNW population
According to new findings by the Credit Suisse Research Institute, there are 123,800 ultra-high net worth individuals on the planet, defined as those with a net worth of over USD 50m.
Quintessentially Estates opens up in Hong Kong
The real estate arm of concierge kings Quintessentially has launched an outpost in Hong Kong.
Penny Mosgrove, MD of Quintessentially Estates