International
Porto Montenegro launches new resi ‘neighbourhood’ next to superyacht marina
Dubai's government investment arm ICD has just launched an "urban-inspired residential neighbourhood" at its ambitious Porto Montenegro project occupying a former naval base on the Bay of Kotor.
How Covid-19 has impacted residential real estate transactions around the world
Residential property has "has so far proven one of the more resilient sectors" of the global economy, reports Savills.
New luxury fractional ownership platform targets HNW ‘citizens of the world’
‘Global real estate exchange’ Gold Gate is promising to ‘change the way that people live, invest, and travel forever’
Ranked: The biggest foreign buyer nationalities in Prime London so far this year
Overseas buyers have been behind 41% of Prime London transactions in 2020, spending an estimated £3.3bn, according to new analysis.
JLL shuffles international top table; Poppink to replace Grainger as EMEA chief
A "coordinated series of leadership appointments" is being billed as "the final steps in [JLL's] two-year transformation program".
‘Ultimate trophy’ Manhattan penthouse project heads to auction with no reserve
“This is the ultimate trophy property," declares architect Peter Pelsinski, while seller Eli Bar calls it "the world’s most unique and trophy penthouse."
The impact of Covid on India’s real estate sector
As millions around the world celebrate the Diwali festival of lights, one of the most important dates in the Hindu calendar, Vikas Wadhawan reports on how the Indian real estate industry is getting back…
Foreign Office warns of ‘Magnitsky-style sanctions’ on Chinese individuals
Sanctions against individuals following China's antics in Hong Kong could involve high-value property assets in the UK.
‘Amazon of real estate’ delivers record quarter
eXp World Holdings, which owns cloud-based agency eXp Realty, saw global revenues and gross profit more than double in Q3 - making it the best quarter in the firm’s 18-year history.
CBRE sets up ‘blank cheque’ acquisitions vehicle
CBRE has set up a special-purpose acquisition company in the US, with a remit to “identify and acquire a privately held company with significant growth potential” for a merger or acquisition.
Prime property prices continue to climb in global cities, despite the pandemic
Knight Frank's Prime Global Cities Index registered 1.6% average growth in the year to Q3.
Leading RE recruits luxury specialist to drive global expansion
Liv Baggen has been appointed as Director of Global Luxury Market at the US-based global network, which now numbers 550 companies across 70 countries.