Marriott International’s luxury boutique brand Edition has launched The Red Sea Edition hotel on Saudi Arabia’s Shura Island, as part of its expansion plan in the Middle East country. The property ... ( read original story ...)
Indonesia says to extend value-added tax break on property purchase to end-2027
Indonesia will extend by one year a tax break for buyers of some properties until the end of 2027 to support the purchasing power of the middle class, the finance minister said on Tuesday. The tax ... ( read original story ...)
India’s Adani eyes dozens of assets of embattled realtor Sahara to build land bank
By Dhwani Pandya and Arpan Chaturvedi MUMBAI (Reuters) -Indian billionaire Gautam Adani's property arm is seeking court approval to acquire 87 properties including hotels and malls from a distressed ... ( read original story ...)
IMF says China must work to boost domestic demand, property sector still an issue
China must rebalance its growth model towards domestic demand, which has been weak for some time due to the country's property bust, the International Monetary Fund said on Tuesday, emphasizing a ... ( read original story ...)
Property developer Sunac China says most creditors approve restructuring plan
(Reuters) -Sunac China said on Tuesday its offshore debt restructuring plan was approved by a majority of creditors at a court-convened meeting in Hong Kong. The property developer said 98.5% of ... ( read original story ...)
China property developer Vanke chairman quits, shares down
China Vanke , Chairman Xin Jie resigned on the weekend, the state-backed property developer said on Monday, sending its shares lower in early trading. ( read original story ...)
China’s biggest builders hobble toward end of restructurings
Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms | Real Estate News ... ( read original story ...)
Saudi Arabia, Togo Reaffirm Strong Backing for Morocco’s Autonomy Plan at the UN
Rabat - Saudi Arabia and Togo have both renewed their strong support for Morocco’s Autonomy Plan as the most credible and realistic solution to end the Saudi Arabia and Togo have both renewed their ...
Map Shows Japan War Games Near Pacific Adversaries
According to a map provided by Japan's Defense Ministry, joint air and missile defense training events will take place in the Sea of Japan—also called the East Sea in South Korea—the East China Sea and off the Pacific coasts of Honshu, Shikoku and Kyushu.
Bangladesh garment factory fire kills nine, toll may to rise, official says
A fire broke out at a garment factory in Bangladesh and a chemical warehouse adjacent to it on Tuesday, killing at least nine people and wounding one, with the death toll expected to rise as rescue ...