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Category: PROPERTY

Posted on July 4, 2023

China’s economic recovery flounders amid debt, property slump and more – Is a major government stimulus likely?

China’s recovery from COVID-19 lockdown has hit a snag due to sluggish consumer spending, property market issues, flagging exports, and high debt levels. Market participants await policy measures to …

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Posted on July 4, 2023

Hong Kong property market deal flow seen slowing further in July as warnings about higher interest rates curb demand

The number of property transactions in Hong Kong struck a five month low of 4,770 in June, down 10 per cent from May, according to real estate agency Ricacorp Properties That trend is unlikely to …

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Posted on July 4, 2023

Hong Kong office rents and rental values expected to decline further amid uncertainties about global, Chinese economies, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

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Posted on July 4, 2023

Turkish Cypriot receives €345,000 payout for Limassol property

A Turkish Cypriot with American citizenship has been awarded €345,000 in compensation for loss of use of his property in Limassol and also had ownership of the property returned to him. Orhan Huseyin …

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Posted on July 4, 2023

Can the ‘ding, dong, ditch’ prank get you arrested? Here’s what Georgia law says

In addition, Georgia law says that if you place someone “in reasonable fear of the safety of such person’s life, limb, or health” or “act in a violent or tumultuous manner toward another person …

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Posted on July 4, 2023

Kyrgyzstan puts mobile operator Alpha Telecom up for sale

The State Agency for State Property Management under the Cabinet of Ministers of Kyrgyzstan announced an electronic auction for the sale of the state’s 100% share in Alfa Telecom CJSC (trademark Mega) …

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Posted on July 4, 2023

UAE property: Aldar, IHC, and Adnec Group create region’s largest property and facilities management company

Aldar Properties, International Holding Company (IHC), and Adnec Group have announced that they will merge their jointly owned property and facilities mana..

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Posted on July 4, 2023

Dubai real estate boom sees $8.3bn of property deals last month

The off-plan segment played a significant role in driving the uptick in Dubai’s real estate market last month, accounting for 49.6 per cent of the total number of sales transactions and 41.5 per cent …

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Posted on July 4, 2023

In Dubai, a Contemporary Take on a Traditional Arabic Courtyard House Asks Nine Figures

The ultra-modern villa was designed by Viktor Udzenija, a Norman Foster protege and founder of the Dubai-based Viktor Udzenija Architecture + Design, according to the listing with Nyree Bouwer and …

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Posted on July 4, 2023

Dubai registers property deals worth AED1.4bn on Monday

There were 495 sales deals worth AED1.15 billion on Monday, 79 mortgage deals at AED297.58 million, and 6 gift deals worth AED7.52 million Dubai registers property deals worth AED1.4bn on Monday Dubai …

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