The National Aeronautics and Space Administration, NASA, funded California university students to design a "space habitat" for astronauts planning to go on a 2020 lunar mission, reported the Design Build Source.
One Hyde Park in London is famously known as the most expensive apartments in the world. The exclusive owners of these lavish spaces were finally revealed as none other than some oil baronesses and Middle Eastern sheikhs. Even supermodel Naoimi Campbell's boyfriend, real estate tycoon Vladislav Doronin is a resident, reported The Daily Mail.
Prudential Real Estate Investors, the real estate unit of insurance services firm, Prudential Financial Inc. has reportedly purchased an office tower in San Francisco for $100 million and is under contract to buy another office space, The Sabadell Financial Center at 1111 Brickell Avenue in Miami.
One of the very few paradises on earth, and the largest privately held property in Canada, Kenauk, has hit the open listing market with a solid asking price of $79 million. The 65,000 acre property is located in Montebello, Quebec and is an excellent investment opportunity.
One of Israel's wealthiest businessmen and diamond mining entrepreneurs is turning to a new venture--buying out Europe's distraught properties that have been on the verge of recovery, reported The Financial Times.
According to a report compiled by leading online property analytics firm, Hometrack, it was revealed that home prices in the U.K. rose for the first time in nine months in February due to increasing number of buyers in London and South England.
The Australian Bureau of Statistics announced on Monday, March 4, that home building permits fell unexpectedly by 2.4 percent in January 2013, after approvals contracted 4.4 percent in December 2012. The value of Australian dollar also weakened on poor services sector expansion of China and the impact of Sequestration in the U.S.
In a recent report published by McGraw Hill Construction, the real estate research unit of McGraw Hill companies it was revealed that a larger number of companies are moving their operations into “Green Buildings”.
While we've been seeing a huge drop in interest rates in recent months, The Federal Reserve are livid at the fact that American banks are cashing on the swarm of home-buying and mortgage loan refinances, reported The Economist.
As China's housing market displays an extreme price gap between the biggest and the smaller cities, Chinese central banks are increasing down-payment costs and interest rates for second-home mortgages, reported Bloomberg Businessweek.