Location: International
Capital View: The global housing downturn will deepen – but this isn’t 2008
The US, UK, Canada, Australia, New Zealand, and Sweden are now all in the third stage of a property market downturn, suggests Neil Shearing, Group Chief Economist at Capital Economics
Grosvenor picks up vast Vancouver site for resi-led scheme
The Oakridge Transit Centre is one of the largest undeveloped sites in the Canadian city.
The anatomy of a housing market downturn
Property markets "tend to follow a predictable sequence in downturns," says Capital Economics - and the pattern has already started in the UK and USA.
Highest private club unveiled at world’s tallest resi building
Central Park Tower’s 100th Floor is ‘unlike anything else in the world’, says developer Extell
Rents bounce back in prime global cities as supply falls short
Knight Frank's latest index "confirms the extent to which top tier cities are seeing demand return and stock dwindle as workers, along with international students and corporate tenants return to the prime …
Airbnb launches $10mn fund to build the world’s ‘craziest spaces’
The short-term accommodation platform is inviting 'out-of-this-world' ideas from designers, architects, DIYers and makers from around the globe
Bloomberg: The world’s bubbliest housing markets are flashing warning signs
Enda Curran examines the potential impact of a global housing market slowdown on the world’s economy in this Bloomberg deep-dive
Major developer launches ‘Central London’s first property tokenisation project’
"Knight Dragon has just revolutionised the entire European property market and will now move to do so internationally," declares founder Sammy Lee, as the developer looks to blockchain tech to boost investment…
JLL hires new international resi head in Saudi Arabia
Former Savills and Strutt & Parker man David Duke will be growing JLL’s residential presence in the Middle East.
In Pictures: Inside Mandarin Oriental’s first Caribbean branded residences
Sales have launched at The Residences at Mandarin Oriental Grand Cayman.
Town & Country: Simon Usborne on the Siege of Londongrad
London's position as playground for Russia's super-rich is "a party that had already peaked by 2014" and "is surely now over," writes Simon Usborne in Town & Country magazine.
US luxury property market ‘coming back to earth’
Sales of high-end homes plummeted by nearly 18% during the three months to the end of April, the largest drop since the onset of the coronavirus pandemic