A downturn in South Korea’s home prices is causing pain in the country’s unusual rent-free rental system that benefited landlords and tenants alike during a long surge in residential property prices.
Korea Household Lending Drops for First Time Ever as Rates Climb
South Korea’s lending to households fell for the first time on record, highlighting the impact of the central bank’s 18-month tightening cycle that is also weighing on the nation’s property market.
Iran to announce reciprocal sanctions in response to EU bans
Following her death, rioters went on a rampage, brutally attacking security officers and causing massive damage to public property. Dozens of people and security personnel were killed in the riots. On …
Sri Lankan Prosecuted In Vietnam Over Property Theft
A Sri Lankan has been prosecuted in Vietnam on charges of property theft. The Hanoi People’s Procuracy prosecuted the …
Property market is on the mend, likely to buck global headwinds
POSITIVE SIGNS Improving real estate prices and declining jobless rate bode well for the local property industry. —Graphics from Cushman & Wakefield . Office vacancy rates across …
Tears and photos as Japan sends giant panda ‘home’ to China
TOKYO, Feb 21 (Reuters) – With tears, waves and shouts of farewell from fans, a Japan-born giant panda set off for China … South Korea’s ‘jeonse’ rent-free renters hit by property downturn, article …
These Japanese architects are now working on a Gurgaon residential project
They are better known for their stellar design of The Tokyo Sky Tree. Japanese design firm Nikken Sekkei is now working on the design, architecture, and interiors of Waterfall Residencies, a …
China Launches Private Equity Pilot to Boost Property Sector
China launched a pilot program for real estate private equity investment funds, its latest effort to revive the struggling property market. Most Read from BloombergUS-China Meeting Only Worsens …
China Launches PE Investment Pilot to Boost Property Industry
China said it is launching a pilot program for real estate private equity investment funds as part of efforts to promote the property industry.
Hong Kong Property Slump Leading Hong Kong Investors To UK Property
UK property is becoming incredibly popular for Hong Kong residents and investors in the face of a difficult domestic market. The number …