Category: Property

Hotel Development to sell Australia assets projects

The Hong Kong-indexed unit of Chinese developer Dalian Wanda has entered into a settlement to promote the rights and pursuits of sure Australian assets initiatives. In a submitting to the Hong Kong Stock exchange on Tuesday, Wanda Hotel Development said …

U.S. Logistics property portfolio

OSLO (Reuters) – Norway’s $1.1 trillion sovereign wealth fund and real estate company Prologis Inc. (PLD.N) have sold 27 logistics houses from their joint U.S. Portfolio to a unit of Blackstone (BX.N), the fund stated in a statement on Thursday. …

Challenging’ London property market

Estate agent Foxtons’ profits crashed closing year because it faced “challenging situations” in the capital. In a buying and selling statement this is trendy in a series of gloomy updates the company issued during 2017, the London-based totally company stated …

Countrywide CEO actions show assets divide

Two assets chief executives have determined to % up their assets and circulate. Stephen Stone of housebuilder Crest Nicholson is leaving the Surrey town of Chertsey, after 12 years in situ. Alison Platt of property agent Countrywide, via evaluation, is vacating London W1, after …

China Starts Experiment to Tame Its Wild Property Market

Chinese President Xi Jinping has unleashed the sector’s largest test aimed toward taming runaway assets costs. After Xi used a milestone Communist Party Congress in October to push a housing model that emphasizes renting, a flurry of the hobby is …