According to Knight Frank’s latest Global Outlook Report, Hong Kong will retain its title as the world’s most expensive office market despite rents being forecast to decrease in 2019. In a tale of two halves, Hong Kong Island rents, while benefiting from tight supply, will face growing competition from ...
The African Development Bank and the Economic Community Of West African States Commission (ECOWAS) have signed an agreement for a study into a 1,000 kilometre highway linking Cote d’Ivoire’s commercial capital Abidjan, to Lagos in Nigeria, marking a new step in building regional integration and trade. The proposed Abidjan-Lagos ...
Australia is the safest country for real estate investment, followed by the United States and the Netherlands while Venezuela is the least safe, according to new research. The analysis of 52 countries from the global real estate market report published by Scope Investor Services puts Germany in fourth place, ...
LONDON, New York, Tokyo and Paris were again named the world’s most comprehensively attractive cities, in that order, in the Global Power City Index, GPCI, 2018 report published today by The Mori Memorial Foundation’s Institute for Urban Strategies, a research body established by Mori Building, a leading urban developer ...
Residential property price falls in Dubai have been more pronounced than rental rate changes, with values down 4% in the third quarter of 2018, the latest index report shows. Prices for villas fell by 13% over the quarter and apartment prices were down by 14%, according to the Asteco ...
Global leaders in real estate are positive about the growth of the sector, creating a platform for data and transparency to share insights and best practice. To solidify global and regional investor confidence in Africa’s high growth economies are some of the primary objectives of the 9th annual API ...
Africa’s hotel sector has the potential for further growth over the next five years. An increase in the number of foreign and domestic travellers, as well as an expansion in a number of hotel chains on the continent reinforces the hotel sector’s untapped potential for business growth. These are ...
Marriott International has announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its portfolio, and the largest outside of North America in terms of room count. The company, which introduced its new Sheraton guestroom late last year, is showcasing its vision for Sheraton’s public ...
INVESTORS from Asia powered global real estate investments to an all-time high in 2017, and are likely to dominate the market in 2018 as the range of capital sources within the region continue to increase, according to a report by Cushman & Wakefield on Thursday. The findings come from ...
The world’s tallest hotel has opened in Dubai, adding another skyscraper to the already towering skyline. The Gevora Hotel stands at 356 metres and has 528 rooms. It is one metre taller than the previous record holder, the JW Mariott Marquis, which is also in Dubai. It is situated ...