Category Archives: World

Kuwait Government spending to stimulate real estate

By Mohammad Kamal KUWAIT, Feb 4 (KUNA) — Following recent recession in domestic development, government spending on housing and construction is forecast to trigger hike in the realty demand in Q1 2018. It is also predicted that hotels and furnished apartments will flourish, in tandem

Canadian real estate prices see biggest drop worldwide

Canadian real estate prices were the fastest rising in the world, just a few months ago. Now we’re claiming the opposite title, as the market explores where prices should be. Newly released Federal Reserve Bank of Dallas (the Dallas Fed) numbers, show a decline in

CPPIB to invest $800M in Chinese real estate developments

The Canada Pension Plan Investment Board (CPPIB) will invest $800 million in two new property developments in China by developer Longfor Properties, it announced on Monday. The projects include a 740,000 square metre residential and commercial development in Western Chinese city Chengdu. The city has

Tech Leaders Show Support For Ambitious Housing Bill

Silicon Valley is facing a major housing crisis and San Francisco’s state representative, Scott Weiner, has proposed a (very) ambitious bill to allow much more construction. Now, his proposal, SB 827, has the backing of dozens of technology leaders, from Linkedin’s Reid Hoffman to Salesforce’s

Over 370 vacant homes bought for social housing

More than 370 vacant houses and apartments have been bought using a €70 million fund established a year and a half ago to provide 1,600 homes for social housing by 2020. The Housing Agency was allocated €70 million in July 2016 under the Government’s Rebuilding Ireland housing

London tops global real estate investment despite Brexit uncertainty

Commercial real estate remains resilient in the face of geopolitical tensions – Los Angeles rises to second place for commercial real estate investment – Gap closing between ‘Big Seven’ and the chasing pack – Shanghai, Sydney and Amsterdam surging – Investors still cautious of cities

Save the environment: Build homes with mud, not cement

Architect Revathi Kamath explains the economic and ecological benefits of using mud to construct homes Architect Revathi Kamath believes in adhering to green ideologies. Delhi-based Kamath, is hailed as a pioneer of mud homes in India. “Mud is cheap, is a ‘breathable’ material and helps

Bitcoin fever hits US real estate market

As of the end of last year, the digital currency was listed as a way to pay for some 75 properties for sale, especially in south Florida and California, according to the real estate firm Redfin. “Bitcoin accepted” is a message now seen in the

UN Habitat Presents Tool for the Implementation of New Urban Agenda

The New Urban Agenda encourages UN-Habitat and others ‘to generate evidence-based and practical guidance for [its] implementation and the urban dimension of the [SDGs], in close collaboration with Member States, local authorities, major groups and other relevant stakeholders, as well as through the mobilization of

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