Location: International
Fifth Wall builds $500mn Climate Fund to decarbonise the property industry
"The real estate industry is the single-most contributed industry to climate change," says venture capital boss. "It's the culprit that was hiding in plain sight."
1508 London unveils debut US project, a $9.5mn apartment at the Mandarin Oriental Residences, Beverly Hills
The Westminster-based studio has designed a three-bed show residence at the luxury hospitality brand’s first standalone resi development in the US.
In Pictures: Athens’ €8bn seaside regeneration project comes to life
Lamda Development's six million square metre urban regeneration project in Greece, The Ellinikon, promises to become "a new blueprint of modern city living", delivering 10,000 new homes, a new marina…
Christie’s International Real Estate plans ‘major’ expansion across Japan
Global network inks deal with Hokkaido-based H2 Group, paving the way for a rollout across the key markets of Tokyo, Kyoto, Osaka, Hakuba, Fukuoka and Okinawa.
First Look: Inside One Wall Street, the biggest resi renovation in New York City history
The first show residences have been unveiled at One Wall Street, Macklowe Properties’ reinvention of a 1930s landmark in Downtown Manhattan, which promises to ‘set a benchmark for luxury living’.
Manhattan’s average rental price crosses $5k threshold for the first time
Rents in the Big Apple have soared by 29% over the last year to hit a record high.
Trophy 432 Park Ave penthouse returns to the market
8,200 sq ft spread on Billionaries’ Row was last seen asking $169mn in 2021.
Bird’s-eye view unearths data on ‘hundreds of millions’ of homes around the world
US aerial imagery giant Vexcel has announced plans to roll out its ‘building attribute’ information in over 25 countries, including the UK.
The Times: Inside the world’s skinniest skyscraper
Will Pavia test-drives Manhattan’s Steinway Tower for The Times, and surveys the recent crop of ‘superskinnies’ changing the city’s famous skyline.
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.