Goldman Sachs is returning to the Japanese property market after a four-year hiatus, looking to raise as much as 400 billion yen ($5 billion) over four years for a privately held real estate trust, a source said.
Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 percent of apartment company Archstone that it didn't already own from Barclays Capital and Bank of America Corp for almost $1.6 billion, putting an end to a dispute with the banks over the price
Canadian home prices climbed 5.2 percent in April from a year earlier, boosted by strong gains in the Toronto market as well as increases in Vancouver and Calgary, the Canadian Real Estate Association (CREA) said on Friday.
Hong Kong's Cube Capital and Marc Faber-backed Leopard Capital are among Asian private equity firms lining up nearly $500 million aimed at Myanmar, hoping to tap into its rich natural resources and fill its infrastructure void, as sanctions on the former pariah state are lifted.
The funding crisis for mainland Chinese property developers is intensifying, ratings agencies say, with real-estate builders facing spiking borrowing costs and a limited ability to raise cash at a time when sales and economic growth are slowing.
China's Ministry of Finance said on Thursday it had given 66 billion yuan ($10.5 billion) to local governments to help build public housing for rent, one of five categories of state-subsidised affordable housing.
American property mogul Donald Trump flew into the former Soviet republic of Georgia on Saturday to expand his global real estate empire, lending his name to a glitzy tower on the Black Sea coast there.
Trump says makes Turkey investment priority A hotel of Turkey American property mogul Donald Trump declared Turkey an ideal investment destination and said on Friday he expected to collaborate more with the Turkish owners of the city's Trump Towers.
Haitong Securities Co. (SHA: 600837), China's second-largest brokerage by assets, raised HK$13 billion ($1.7 billion) in the largest public offering in the world so far this year, media reports said Friday, citing people familiar with the matter.
Spain and France are still the top destinations for British people buying a second home abroad, according to the latest search report from Rightmove Overseas. Some 21.01% of searches for overseas property were for Spain followed by 17.91% for France and 12.06% for the US.
New home building in Australia is set to remain weak in 2012 with land sales hitting a new low, according to the Housing Industry Association, the voice of Australia's residential building industry.
Exxon Mobil tops the Forbes' list of Global 2000 companies. It seems the heavyweights of the business world are not affected by the slow global growth or the eurozone crisis.