The Middle East is weak. Europe, Hong Kong, Macau and Canada continue to experience strong price rises. But China, Russia, Japan, and most of the Middle East are experiencing either house price falls - or a sharp deceleration of house price rises

Construction has begun on the new R84 billion city in Modderfontein, Gauteng, owned by Hong Kong listed Shanghai Zendai, with development of 300 residential units underway.

InterContinental Hotels Group books rising quarterly revenues per room and expresses optimism over the annual outlook.

Both global retailers and retail property investors are taking advantage of South Africa's appeal as a competitive retail destination, according to research released by global real estate advisory CBRE recently.

Aggressive business strategy of Shanghai Zendai Property 'has resulted in high execution challenges', says Moody's.

Jones Lang LaSalle’s third quarter 2012 Global Office Index, released today, reveals a stable outlook for global prime office rental growth in 2013 with the majority of major markets expected to register single-digit rental growth.

Monday, 15 October 2012 08:21

Emerging markets bolster prime rental index

The Knight Frank Prime Global Rental Index rose by 2.3% in the year to June and by 1.0% over a three month period, with rental growth strongest in emerging markets

Africa and other emerging economies are places where property investors should now be looking for real growth in the next decade, but beware the challenges

 

Kerry Holdings, the group controlled by Malaysian billionaire Robert Kuok, has raised the price of the buy-out offer for its Hong Kong-listed property unit in an effort to placate minority shareholder objections to the proposed deal.

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