Real estate industry
Zimbabwe's property investment sector is experiencing a boost with the launch of the Seatrite Five Trust, a real estate investment trust (REIT) managed by Nhoro Asset Management. This development marks the debut of the Radisson Hotels brand in Zimbabwe, with the trust planning to build a 148-apartment hotel
Real estate industry
The Employees Provident Fund Board, a substantial securities holder of Pavilion Real Estate Investment Trust, has disposed of 1,800,400 units in the trust through Citigroup Nominees (Tempatan) Sdn Bhd. This transaction has resulted in a decrease in the direct interest of the Employees Provident Fund Board in Pavilion
Housing
South Florida is on pace to post a record 426 ultra-luxury sales by the end of the year, with Miami-Dade, Broward, and Palm Beach counties accounting for 262 $10M and up home sales thus far in 2025. The median price for affordable 30-year Miami-Dade condo units has remained stable at
Housing
The nation's existing housing inventory has reached its highest level since May 2020, with 1.55 million homes for sale at the end of July, a 15.7% increase from the same period last year. This marks a 4.6-month supply of homes, up from 3.9 months
Housing
Florida's housing market showed no significant shifts in July, with trends mirroring those seen over the past several months. Buyers and sellers alike pulled back amid economic uncertainty and fluctuating mortgage interest rates near 6.5%. The state's housing market continues to demonstrate incredible resiliency, with
Housing
Experion Developers, a leading residential real estate company in India, has made a significant milestone by achieving the prestigious WELL for Residential Precertification for three of its iconic projects, Elements, The Trillion, and One42. This achievement marks a major step towards creating healthier and more resilient homes in India, with
Real estate industry
Flagship Communities Real Estate Investment Trust has announced a cash distribution of US$0.0517 per REIT unit for the month of August 2025, representing US$0.62 per REIT unit on an annual basis. The distribution is set to be paid on or about September 15, 2025, to unitholders
Real estate industry
The National Association of Real Estate Investment Trusts (NAREIT) released information about a recent Deloitte report on the rise of alternative property types, stating that upcoming changes in corporate leadership could accelerate this trend. According to a guest on NAREIT's REIT Report podcast, Deloitte's national real
Stock prices
The Jordanian Real Estate Company for Development (JRCD) experienced significant market volatility on August 14, 2025, with its stock price experiencing notable fluctuations throughout the trading session. The company's stock, listed on the Amman Stock Exchange under the symbol JRCD, saw its closing price settle at JD 0.
Housing
The quiet colony of Bandra West, where government employees once resided, has evolved into a prime address for luxury housing. The transformation began with the redevelopment of housing societies built in the 1950s by the Maharashtra Housing Authority (MHADA) to cater to the middle and low-income groups. These modest homes,
Housing
Canada's fixation on housing investment is a significant concern, as it diverts capital away from vital sectors such as intellectual property (IP) innovation. According to the Organization for Economic Co-operation and Development (OECD), Canada invests 7.74% of its GDP in housing, surpassing Japan, the United Kingdom, and
Housing
The Canadian housing market, particularly in Vancouver and Toronto, reached unprecedented heights in the mid-2010s, driven largely by foreign investment. Demand from foreign buyers, some of whom flipped condos multiple times before anyone inhabited them, fueled a real estate boom that saw prices soar. However, as the market became detached
