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High End Real Estate

As credit tightens at home, Chinese sell Hong Kong luxury real estate
www.reuters.com

"Some of the mainland sellers have liquidity issues – say, their companies in China have some difficulties – so they sold the houses to get cash," said Norton Ng, account manager at a Centaline Property real estate office close to the China border …

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Tight Market Has Buyers Snapping Up Homes Sight Unseen
www.dnainfo.com

Some — often those who have lost other bidding wars — are submitting offers before visiting and sometimes going above asking prices to try to seal the deal, real estate experts said. "I usually think … Speedy sales are also happening at the market …

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Chinese investors spending in Australia
www.skynews.com.au

Chinese investors are chomping at the bit to spend $500 billion abroad over the next five years, and Australian real estate is near the top of their wish list. But no one is sure how long Chinese interest in new apartments and high–end houses in Sydney …

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India Infoline Finance invests in Wadhwa Group's township project in Navi Mumbai
www.vccircle.com

Last year, Wadhwa Group raised nearly Rs 350 crore from real estate fund of IIFL for its high–end residential project in Chembur in Mumbai. In 2012, it had garnered Rs 110 crore in debt from JM Financial Products Ltd to finance its luxury project in …

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Meriden apartment complex sold for $27.5 million
www.myrecordjournal.com

Phoenix Realty Group is a national real estate investment manager while PCCP is a real estate finance and investment management firm. Built in 2005, the units are considered high–end apartments and the site includes a fitness center, an outdoor pool, …

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Local startup finds ample market for high-end real estate photos ahead of New …
www.nola.com

If there's one thing Darryl Glade learned during his eight years as a real estate agent in the New Orleans area it's that house hunters will do everything they can to avoid falling in love with a home when they walk through the front door. "As the old …

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Distressed property not worth the effort
www.livemint.com

D.K. Jain, chairman and managing director of the group that runs NPAsource.com, said that many such value buys will be available for property seekers in smaller cities where realization on base price is higher compared with properties in tier I cities …

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All the data point to a soft landing for Canada's housing market
www.theglobeandmail.com

First-time home buyers' average budget rises to $316,000: BMO. Real estate 'Sold' and 'For Sale' signs in Toronto's East end on Dec. 16, 2013. The Globe and … Moreover, the Conference Board's current view is that more prudent mortgage underwriting in …

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Retail-residential development planned on Market St.
www.philly.com

The developers are talking to office tenants, but could end up putting more apartments there, said Pete Soens of Philadelphia developer and landlord SSH Real Estate, an East Market investor. Retail stores are planned for the first floor of the nearby …

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