News

Kenya's Decade-long Property Boom Hits Trouble at Last

Pamela Onyambu went into the real estate business seven years ago to capitalise on a housing boom fuelled by Kenya's middle classes. Now she fears interest rates that have doubled in six months will wipe out any profit on her latest venture.

Asia Real Estate Veteran Grady Leaves Mount Kellett Capital

Asia real estate veteran Timothy Grady has left Mount Kellett Capital, after about 18 months with the private equity firm founded by former Goldman Sachs Group Inc executive Mark McGoldrick, two sources with knowledge of the matter said on Friday.

Perth Citizens in Favor of More Dense Property Development

Perth is more likely to accept apartment development to house its growing population compared to other cities in Australia, according to a national poll.