A group of banks is moving to seize a Sheraton-branded hotel property in Hong Kong, controlled by the family of billionaire Hui Wing Mau, after owner Shimao Group Holdings defaulted on a HKD4.5 …
Lantau reclamation plans should be revived, property tycoon Gordon Wu says
Hong Kong should revive plans for large-scale reclamation off Lantau Island to run in parallel with the Northern Metropolis project, property magnate Gordon Wu Ying-sheung has said, warning that a …
China’s property sector hasn’t hit bottom, but the slump is slowing: Strategist
Peter Churchouse, Managing Director at Portwood Capital, says China’s property downturn may be stabilizing as policy support slows the pace of price declines. However, he warns the market has likely …
Rethinking waqf of undivided property in India
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Dubai records Dhs28.51b in property deals as economic growth on track
Dubai’s real estate market recorded Dhs28.51 billion in residential and commercial property transactions across 10,218 deals during May 2026, …
Saudi Arabia eases property ownership rules for non-resident foreign firms
Saudi Arabia has unveiled updated regulations allowing non-resident foreign companies to own property without conducting economic activities, detailed in the Investor Guide 2026.
Saudi Arabia issues new property ownership rules for foreign companies
Saudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdom. New registration steps are now in place. This aims to …
Saudi unveils new property ownership rules for foreign firms: Here’s what changes
The move comes as Saudi Arabia continues to refine its investment framework and strengthen transparency around foreign real estate …
Hong Kong’s second-largest hotel risks being seized by banks — Bloomberg
A group of banks are sait to be moving to take over a Sheraton-branded hotel property near Hong Kong’s airport after its owner Shimao Group Holdings Ltd defaulted on a HK$4.5 billion loan.
Saudi Arabia sets requirements for foreign companies seeking property ownership
RIYADH — Saudi Arabia’s Ministry of Investment has outlined the requirements for non-resident foreign companies seeking to own property in the Kingdom without conducting economic activities, as part …