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High End Real Estate

Real estate spring preview: Two new buildings
www.metro.us

With a curving, multi-colored glass facade — reminiscent of, though not identical to, the developer's nearby four-year old project 34 Berry Street — the building brings high–end amenities and creative layouts to new tenants. “The shape of the …

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Luxury giants flex their muscle to lock down prime window space
www.reuters.com

Real estate experts say that average rental values in the likes of Place Vendome in Paris, Bond Street and Knightsbridge in London and Via Montenapoleone in Milan have doubled in five years to between 12,000 and 15,000 euros per square metre.

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Zara's Ortega Outbids Pros to Build $10 Billion Property Empire
www.sfgate.com

Spanish property prices have collapsed since its real estate boom ended in 2007 and the country plunged into the worst economic slump of the past 40 years. Home prices and …. Ortega has also been expanding his portfolio in high-priced U.S. markets.

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Missing plane impacts Malaysian property market
www.property-report.com

He added, however, that prices at the luxury end of the market are set to remain stable in the next 12 months. “The real estate price will not fall dramatically due to the disappearance of the plane,” Lam said. “The price of prime residential property …

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Developers' Bonds Decline Amid China Housing Bankruptcy
www.bloomberg.com

Stocks and bonds issued by some Chinese real estate companies extended a slump after the collapse of a developer stoked concern defaults are starting to mount as the economy slows and the government reins in lending. The 8.75 percent notes due 2018 …

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Chinese investors eager to spend in Aust
news.smh.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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China real-estate worries growing louder
www.marketwatch.com

Caixin is a Beijing-based media group dedicated to providing high-quality and authoritative financial and business news and information through periodicals, online and TV/video programs. • Get the Caixin e-newsletter … Data from real–estate agency …

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No Plans for Chinese Property Tax Trial Expansion
www.nasdaq.com

A property tax for high–end residential homes was launched in the two cities on a trial basis over three years ago. The program hasn't been extended to further cities despite repeated calls by a number of experts for a nationwide expansion of the reform.

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New York Judge dismisses most charges in fight between auction companies
insiderealestate.heraldtribune.com

Concierge Auctions, the New York City company founded by former Sarasota real estate broker Chad Roffers, is celebrating a judge's decision in a lawsuit brought by one of its high–end auction competitors. In a statement issued last week, Concierge …

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