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 …
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 …
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 …
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 …
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 …
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.
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 …
Hong Kong-listed Moiselle’s chairman sells Mid-Levels flat for US$10.5 million amid upturn
The sale of the 2,429 sq ft flat in Tregunter Tower by Chan Yum-kit follows the disposal of an entire floor in Cosco Tower.
The Politics of China’s Land Appropriation in Bhutan
In dealing with its neighbors, China “always strives to find fair and reasonable solutions through peaceful and friendly consultations,” a spokesman for the Chinese Embassy in the United States told …
Qatar to offer property titles, residency visas to foreign investors within days of real estate purchases
Qatar is set to offer property title deeds and real estate residency within days for foreign buyers investing at least $200,000. This initiative aims to streamline ownership and attract international …