Investing

$147.5 Million Sale of Class A Medical Office Buildings in San Diego Closed by HFF

HFF has closed the sale of two Class A medical office buildings totaling 253,676 square feet in San Diego, California, as it is claimed.

Amazon Plans Three Skyscrapers in Seattle

Amazon.com Inc. (NASDAQ:AMZN) is continuing its global expansion with a deal that will transform Seattle's skyline. The online retailer has agreed to purchase three development parcels in the city and plans a trio of 1 million square foot office towers.

Positive economic outlook set to boost tourism and real estate on Cape Verde

The economy in Cape Verde is expected to rise 7.1% by 2013 from 5.6% in 2011, which will foster growth in the real estate sector, according to the experts of International Monetary Fund.
EDITOR'S PICKS
  • China Shanghai Changes Housing Tax
    China - The Shanghai city government is offering lower taxation for the average homepurchase after revising the standards of "ordinary" houses on Thursday.However, experts are cautious about whether the new standards will help "wait-and-see"homebuyers make a faster decision.
    By Staff Reporter
  • New Jersey real estate developers are aiming to hit the rental market
    More than 2,000 apartments are to be constructed in New Jersey to hit the market by the end of this year.
    By Staff Reporter
  • Investors: Be Smart About Your Property Insuranc
    Property Insurance is one of those nuisance expenses you always see calculated into mortgage payments and cash flow projections. It's the second "I" in the acronym "PITI" (Principle, Interest, Taxes, Insurance), which most investors use to describe an overall monthly obligation on a property. While unexciting and usually begrudgingly paid, I would argue that property insurance is one of the most important components in a real estate transaction. Interestingly, I have found that even the m...
    By Staff Reporter
  • Canadian's property sales decline for the first time
    Residential property sales in Canada fell 4.5% from December 2011 to January 2012, Residential property sales in Canada fell 4. 5% from December 2011 to January 2012, the first monthly decline in national activity since August 2011 and the biggest monthly decline since July 2010, according to the latest figures from the Canadian Real Estate Association (CRA).
    By Staff Reporter
  • A good time for long property investment in Malaysia
    It's a good time to enter into Malaysia condominium market for investors looking for a long-term investment now and price will appreciate over the decade
    By Staff Reporter
  • San Francisco Consulting Firm Recommends Taking Advantage of Lower Lease Prices Now as Demand for Office Space Increases
    While the recovery of the real estate sector remains sluggish nationally, San Francisco's commercial real estate market is heating up. According to a recent survey by the Urban Land Institute and PricewaterhouseCoopers, San Francisco is now the third-best city to invest in for commercial property. As the cost of leasing commercial space rises again, San Francisco business consultantKathy Scheiern, PhD, founder of PurposeWorks LLC, recommends small businesses find the right space and lock in a g...
    By Staff Reporter
  • Foreign Real Estate Companies Decline in China
    The number of new foreign property companies in Beijing dropped by 56 percent last year and217 firms quit the market, China National Radio reported on Thursday. The report attributed the changes to the government's measures to cool the real estate market,restricting the number of homes a family can buy and requiring higher down payments on homepurchases.
    By Staff Reporter
  • Property investors return to Dubai from the UAE, India and the UK
    The value of property transactions in Dubai surged by 20% during 2011, reaching AED143 bn for the year
    By Staff Reporter
  • Venice: a new haven for overseas property investment
    In a troubled world, we gain solace from spiritual uplift and physical beauty. Few places have the ability to touch the heart and move minds like Venice. For decades it has been a place to visit rather than one in which to buy property, but gradually things are changing. British estate agents have developed connections there, and some big money is about to arrive. "Ocean's nursling", as Shelley described it, is becoming a connoisseur's place to purchase.
    By Staff Reporter
  • Westbrook Partners Buys Ritz-Carlton Hotel for $105 Million
    Real estate firm Westbrook Partners has bought the 259-room Ritz-Carlton Hotel at 50 Central Park South for $105 million, according to city records.
    By Staff Reporter