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Posted on August 17, 2023

Developer concerned by real estate oversupply

A prominent local developer has raised concerns about the oversupply of the sector amid regional and global economic uncertainties stemming from geopolitical tensions and the ongoing Russia-Ukraine …

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Posted on August 17, 2023

Property developers maintain neutral outlook for 2H23, optimistic for 1h24

Property developers maintained ‘neutral’ outlook for the second half of 2023 (2H 2023) while optimistics for the first half of 2024 (1H 2024), said Real Estate and Housing Developers’ Association …

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Posted on August 17, 2023

Hilton brings first internationally branded airport hotel to Saudi Arabia with signing of Hilton Dammam Airport

The property joins Hilton’s expanding portfolio in Saudi Arabia, serving the eastern region with direct access to King Fahd International Airport …

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Posted on August 17, 2023

The Rise of RealTech: Transforming India’s real estate landscape

The fusion of real estate and technology, often referred to as ‘RealTech’, is reshaping the traditional landscape of property development, transactions, and management.

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Posted on August 17, 2023

Accor Strengthens Its Presence In India’s Golden Triangle With Signing Of Grand Mercure In Agra

Delhi, India – Accor, the region’s leading hospitality Group, introduces its first Grand Mercure property in Agra, a city renowned for its rich cult …

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Posted on August 17, 2023

Property consultant Colliers India appoints Badal Yagnik as new CEO

Real estate consultant Colliers India on Thursday announced the appointment of Badal Yagnik as its new Chief Executive Officer (CEO) with immediate effect. In March, Ramesh Nair resigned as CEO of the …

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Posted on August 17, 2023

Surge in home loan interest rates impacts property affordability in Indian cities

Rising home loan interest rates aggravate affordability crisis in Indian cities as per Knight Frank’s Affordability Index 2023.

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Posted on August 17, 2023

Explainer-Country Garden: How bad is China’s property crisis?

The debt crisis at Country Garden, China’s largest property developer before this year and once considered a financially sound company, has triggered fresh contagion fears just two years after China …

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Posted on August 17, 2023

How bad could China’s property crisis get?

Country Garden is renowned for building huge projects in China’s second- and third-tier cities. Its debts are smaller than those of Evergrande, a big, heavily indebted company that defaulted in 2021.

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Posted on August 16, 2023

Hong Kong’s Villa Garda III developers rush to the market with sales launch, hot on the heels of CK Asset’s sold-out project

Sino Land, K Wah International and China Merchants Land, the developers behind Villa Garda III housing project in Hong Kong have hastened their sales campaign releasing the first price list at …

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