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UAE Real Estate Sector Mapping Upward Trend on Dubai and Abu Dhabi Growth: TASWEEK Report

A recent report released by TASWEEK Real Estate Marketing and Development, a major real estate firm, revealed that the rising confidence in the markets of Dubai and the strong foundation fundamentals in the markets of Abu Dhabi have led the growth in the real estate sector of U.A.E. The report also asserted that real estate market conditions have experienced a strong growth rate since the start of 2013

China Home Prices Accelerate in March on Government Imposed Property Curbs; Beijing and Shanghai Step Up to Cool Market

Average home prices in major Chinese cities accelerated commendably in March, after the government urged local administrations to tighten rules to cool the hot real estate market. Following the rush, Shanghai and Beijing increased restrictions on property transactions.

Late Billionaire Teddy Forstmann’s Southampton Estate Under Contract for $28.5 Million

The late billionaire and founder of Forstmann Little and Company, Teddy Forstmann’s Southampton beach residence is finally in the escrow for around $28.5 million after sitting unclaimed for almost a year. The residence was first listed in March 2012 for around $34 million. After a couple of price chops, the home is finally under contract to sell.
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