Muscat gives go-ahead for Oman’s first REIT

Oman’s Capital Market Authority (CMA) this week gave the green light for Aman REIT, paving the…

Wanda quits Spain and turns attention to France and $3.3bn EuropaCity

EuropaCity: Billionaire Wang Jianlin’s Dalian Wanda Group has agreed to sell the Edificio Espana building in…

Malaysian government gives green light for $58bn Forest City development

Malaysia’s Department of Environment has approved plans for the construction of  the Forest City  luxury housing project…

Turkish property prices growing fastest in world – Greece at other end of scale

Turkish property prices in Turkey increased by 18% last year, faster than anywhere else in the world,…

Sri Lanka gives China green light to build giant ‘port city’ in Colombo

Sri Lanka has granted China  permission to build a vast ‘port city’ in Colombo on reclaimed…

Chinese investment in India to rocket as Wanda and SAIC Motor move in

After year’s of disinterest, Chinese investment in India looks set to rocket after its largest commercial real…

Domestic downturn triggers $20bn Chinese overseas property stampede

Chinese overseas property stampede: Faced with a downturn in the domestic property market, Chinese investors spent more…

Chinese home ownership identified as means of boosting flagging economy

Chinese economy: At the end of a key three-day meeting yesterday, China’s senior leaders resolved to help…

GCC investors snap up Turkish real estate

24% of all investors in the Turkish real estate market from the GCC countries of the…

UBS downgrades forecast for Chinese economy

Housing in Beijing Chinese economy: Swiss bank UBS this week downgraded its 2016 forecast for  China’s GDP…

Foreign investment in Russian commercial property hits 7-year high

Foreign investment in  the Russian commercial property market has hit a seven-year high driven by the weakness…

Moscow house sales plunge 38% as prices stay high

Moscow house sales fell by 38% year-on-year between June and August as the country’s recession continues…

Russian warehouse sales boom as prices plunge

Russian warehouse sales grew tenfold in the first eight months of the year due to a combination of  falling…

Lotte Group pledges $1bn investment in Russian retail and hotel sectors

Lotte Group, the South Korean multinational food and shopping corporation, this week pledged to invest up to $1bn…

Moscow retail expansion plans fall victim to recession

Moscow retail expansion plans: Plans to build  900,000 m² of new mall space in Moscow this year are rapidly receding as Russia’s growing…

Land reform climbs up Russian agenda

Land reform: Modifications to Russia’s Land Code that are due to be introduced next months may  give Russian citizens…

Sochi chalet prices growing faster than Gstaad says Frank Knight

Sochi chalet prices grew at 4% between June 2013 and June 2014, faster than in Gstaad…

Demand for Moscow office space drops by 24% to five-year low

Demand for Moscow office space dropped by 24% last  year, according to property consultants , Jones Lang…

Stoleshnikov makes it into top ten dearest shopping locations

Stoleshnikov: Central Moscow’s exclusive Stoleshnikov shopping precinct is now the tenth most expensive street in the world…

VEB turns to China to fund major housing drive

VEB: Vnesheconombank is planning  to raise several billion dollars through its VEB Asia subsidiary to fund a…

Pioneer Group wins Sberbank funding for Moscow residential complex

The Pioneer Group, one of the largest residential and commercial property developers operating in and around Moscow…

Khazar Islands residential contract goes to Czech construction company

Khazar Islands: PSJ, one of the Czech Republic’s largest builders, has won a €395m contract for the…

Russian real estate investment defies sanctions

Russian real estate investment: Despite Western sanctions and a faltering domestic economy, investment in the Russian real…

Azerbaijan real estate growth reaches 28%

Azerbaijan real estate growth: According to the Central Bank of Azerbaijan, year-on-year turnover growth in the country’s…