Rapti Gupta
Amid high vacancy rates in the commercial property market of Netherlands, the Dutch have finally found a way to fill up the empty buildings. A number of property developers are refurbishing office space to convert them into student boarding or housing facilities. Rare Palace on English Embankment for Sale in St. Petersburg (SLIDESHOW)
A rare palace located in the famous English Embankment in central St. Petersburg, Russia has come up for sale. Though listed on the public market, price for the property is only provided on request as the cost is expected to be very high. Ivanhoe Cambridge Buying Stake in News Corp. Building in Partnership Deal
Ivanhoe Cambridge, a famous property managing firm is reportedly in talks to buy 49 percent stake in the 1211 Avenue of the Americas building which is popularly known as the News Corp. Building located in Manhattan, New York. Ivanhoe Cambridge is joining forces with Callahan Capital Partners to purchase the stake, which values the building at $1.7 billion. Kristen Stewart’s Mom Jules Snags $999,000 Million Residence in Los Angeles
The “Twilight saga” actress, Kristen Stewart’s mother, Jules Stewart has reportedly purchased a residence in Sherman Oaks, Los Angeles for $999,000 million, according to several media reports. Billy Joel Sells Miami Home for $14 Million (PHOTOS)
Billy Joel, the famous pianist and song composer has reportedly sold his mega-mansion in Miami for $14 million. After almost sitting on the market for a year, the home sold to Diego Della Valle, owner of shoe company, Tod’s Shoes, reports TMZ. Tommy Shaw of 'Styx' Lists Los Angeles Compound for $5.5 Million (PHOTOS)
Tommy Shaw, the vocalist and guitarist of rock band, “Styx” has reportedly listed his home in Los Angeles, California with an asking price of $5.5 million. Micheala McManus Asking $849,000 for Los Angeles Bungalow (PHOTOS)
Micheala McManus who played Kim Greylek in the crime-drama series, “Law and Order: Special Victims Unit” has reportedly listed her bungalow in Los Feliz, Los Angeles for a cool $849,000. Bruno Mascolo Lists Hollywood Hills Manse for $15.7 Million
Just as 2013 marks the silver jubilee of Toni&Guy, the famous beauty and hairdressing company, Bruno Mascolo, the head of the U.S. division of the company has reportedly listed his mansion in Hollywood Hills, Los Angeles with an asking price of $15.7 million. Charles Oakley Sells Chicago Condo for a Loss of $200,000
Charles Oakley, the former power forward of the NBA team, Chicago Bulls has reportedly sold his South Loop, Chicago condo for $900,000. He had purchased the home for around $1.1 million in 2005. Looks like, the place has sold for a loss of $200,000. Developer Christian Candy’s Penthouse atop Plaza Hotel Asks $59 Million
Christian Candy, the famous property man who developed One Hyde Park, the most expensive apartment building of New York has reportedly listed his penthouse sitting atop the Plaza Hotel for $59 million. Playing the "Game of Life" Live in Japan’s Yoron Island
The island of Yoron in Japan is adapting the most popular American board game of all times, “The Game of Life” or “Life” as it is famously known, into a real-life event. Starting on July 20, Yoron is hosting a real-life version of the game. The island has been transformed to look just like the board game. London’s “The Shard” Wins “Best Large Project” Award at ENR Construction Summit 2013
London’s “The Shard” building won the “Best Large Project” award at the recent Global Construction Summit organized by Engineering News Record (ENR), a major New York-based publication. The ceremony took place in Manhattan Thursday, June 6, 2013. Ryan Stiles Unloads Encino Home for $3.1 Million (PHOTOS)
Ryan Stiles, who plays Herb Melnick in popular sitcom, Two and a Half Men has reportedly unloaded his home in Encino, California for $3.1 million. He had first listed the place in 2010 with an asking price of $3.9 million. Looks like the place has sold for a price slightly lower than its original asking cost. David Axelrod Selling Chicago Condo for $1.25 Million (PHOTOS)
David Axelrod, the famous former political advisor of the government of the U.S. has reportedly listed his condo in Lake Shore, Chicago with an asking price of just $1.25 million. Oprah Winfrey Drops $299,900 on a Nashville Residence
Famous actress, talk show host and philanthropist, Oprah Winfrey has reportedly dropped $299,900 on a mediocre house in Nashville, Tennessee, according to the Real Estalker. Shanghai’s Bustle Documented in a Time-Lapse Video (VIDEO)
To document life in Shanghai, photographer Rob Whitworth and an urban identity expert, JT Singh joined hands and created what several media reports are calling “the best time-lapse video of Shanghai”. Porsche to Debut in Real Estate Sector with Luxury Condos
Porsche, the luxury automobile manufacturing giant is reportedly planning a grand entry into the real estate sector with a luxury high-rise condo apartment building slated to be completed by 2016 in Miami, Florida, according to several media reports. Blackstone Buying Majority Stake in Gafisa’s Alphaville Urbanismo for $651 Million
Blackstone Group LP and its Brazilian sister firm, Patria Investimentos have reportedly entered into an agreement to buy 70 percent stake in Brazilian luxury property developer, Gafisa’s residential community developing unit, Alphaville Urbanismo for $651 million. Craig Ferguson Buys in Hollywood Hills for $4 Million (PHOTOS)
Standup comedian of the “Late Late Show”, Craig Ferguson has reportedly purchased a beautiful residence in the Hollywood Hills area of Los Angeles, California for $4 million. Judge Judy’s New York Pied-a-Terre sells for $8.5 Million
Judith Sheindlin, popularly known as Judge Judy for her famous courtroom-arbitration reality show has reportedly sold her Pied-a-Terre in Manhattan, New York for $8.5 million. She had listed the property on the open market for $9 million in January. Just after five months, the place has sold for a little lesser than the asking price. Jim Carrey Sells Malibu Home for $13.4 Million
The “Ace Ventura” funnyman, Jim Carrey has reportedly sold off his residence in Malibu for $13.4 million. Carrey actually purchased the home in October, 2002 for around $9.7 million. Trulia Introduces Real Estate App for Google Glass (VIDEO)
While only the developer version of the much-talked about “Google Glass” has been released, popular real estate firms have already started developing apps for the wonder device. One of the first property firms to release an app for the glass is Trulia. Number of Improving Housing Markets in US Rises in June, NAHB Report
The number of improving housing markets in the U.S. rose to reach 263 in June, according to the “The First American Improving Markets Index” (IMI) of the National Association of Home Builders (NAHB). Marilyn Monroe, Cary Grant Vacation Home Hits Listing Market for $14.8 Million (PHOTOS)
The home that once served as a vacation venue to affluent yesteryear actors like Marilyn Monroe and Cary Grant has hit the listing market with a price tag of $14.8 million. New York City’s Times Square Tower Listed; To Fetch $1.6 Billion
At the National Association of Real Estate Investment Trusts conference in Chicago, Boston Property Developers, the famous commercial real estate trust, announced that it has listed the Times Square Tower in Manhattan, New York City. The company estimates the building to sell for something around $1.6 billion, according to several media reports. RXR Realty Buying 49 Percent Stake in NYC’s One Worldwide Plaza for $660 Million
RXR Realty, a leading real estate company of New York has reportedly agreed to buy 49 percent stakes in the One Worldwide Plaza Building in Manhattan, New York City for around $660 million. KKR Buying UK Retail Park Portfolio Marking Debut in the Market
KKR &Co, the popular commercial real estate firm is reportedly buying a retail park portfolio spread across various areas in the U.K. marking its debut in the commercial property market of the country. Where Should Barbie Go?
While Barbie is out on an international trip, searching for a place to set up her dreamhouse, people have already started suggesting where she should move to. Steven Spielberg’s Malibu Manse for Rent at $125,000 a Month
Steven Spielberg, the directorial mastermind behind “Jurassic Park”, “Jaws” and the latest “Lincoln” is reportedly offering his water-front mansion in Malibu up for rent this summer, asking price- $125,000 a month. Federation Centres Sells Half Stakes in Six Malls to Challenger Ltd for $579 Million
Federation Centres (FDC), a popular mall operator in Australia has reportedly sold half its stakes in six malls to an investment firm, Challenger Ltd for $579 million. FDC hopes to use the proceeds of the sale to fund redevelopments and renovations in the malls, according to several media reports.
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