VANCOUVER — When Liu Chuang landed in Vancouver in 2013, he noticed that most of the Chinese immigrants he met were heavily invested in residential real estate and hungry to diversify.
Flipping houses didn’t appeal to the 39-year-old entrepreneur, who is launching a Vancouver-based tech incubator to help his Chinese-born friends invest in local startups.
By Ashwinder Raj Singh EXHIBITIONS are a time-tested medium for bringing target audiences together with products. To draw attention to such events and to differentiate them from the regular market-place, schemes and offers are often employed. Real estate is a sector which sees a massive number of exhibitions each year, and the reason is not hard to arrive at. This is an extremely competitive sector, and developers are constantly challenged to find ways to talk to their intended clientele.
Reports of the pending collapse of China property bubble have circulated for years, including some on this blog. To date, each slowdown was soon followed by another boom to still higher prices. Here we are again, in another slowdown. China Housing Starts
Real estate investment trusts, hampered by falling unit prices, have been squeezed out of the commercial property market over the last quarter by private investors, a new report shows.
CBRE Limited, which provided an advance copy of its latest data to the Financial Post, suggests things are not going to get much better for REITs in the coming year either.
“Transaction volume is expected to be sustained by pension fund/advisors and private Canadian investors as REITs and real estate operating companies take more of a back seat,” says the report.
Amancio Ortega Gaona, already the world’s fourth-richest person based on the success of his Zara fashion retail stores, has quietly amassed a real estate empire worth as much as US$10-billion and is emerging as a formidable competitor for prime properties from London to Beverly Hills.
Relying on all-cash offers, he has outbid the world’s biggest institutional funds and professional property investors, such as Tishman Speyer Properties LP.
Until recently, the most high-profile conflict in Rio de Janeiro's favelas has been between rival gangs fighting turf wars: now it is European investors tussling over a piece of prime real estate. High on the steep slopes of Vidigal, the panorama across Atlantic beaches and distant islands is among the most spectacular in Rio, but tourists are unlikely to find it listed in most guidebooks.
In markets across the world, housing is back in a big way. But to the chagrin of those living in some of the globe's hottest cities, a booming housing market doesn't always mean that locals are the ones who can afford to buy. In many cities, foreign buyers — particularly Chinese and Russian investors — are buying up real estate like crazy and driving property prices to pre-financial crisis levels. Here are four markets being spurred by foreign investors.