Dubai: Palm Jebel Ali is a ‘Long-term’ Project

Dubai: Palm Jebel Ali is a ‘Long-term’ Project






Dubai: Palm Jebel Ali is a ‘Long-term’ Project Dubai developer Nakheel is planning to launch new projects in the emirate soon but some older developments remain on hold for the moment, according to its Chairman. The company, which announced last month that it had repaid all its debts following a massive restructuring program, has posted […]






US Demand for Autos Fall in July

US Demand for Autos Fall in July






US Demand for Autos Fall in July $GM, $F, $HMC, $TM, $VLKAY US auto sales drop in July as hot weather and softening demand kept buyers at home. Major automakers have reported July sales that fell short of expectations, which has reinforced worries that the market may have peaked with last year’s record numbers. Kelley Blue […]






Highlights: The Ferrari Club of America International Meet

Highlights: The Ferrari Club of America International Meet






Highlights: The Ferrari Club of America International Meet The Ferrari Club of America held its annual International Meet in Columbus, Ohio, June 18-22, and welcomed a record attendance of vintage Ferraris, including a featured class of exceptional 1964-1968 275 series cars. Ferrari enthusiasts from around the world came together for 4 days of concours, rallies, […]






Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle






Dubai Property Plateau Suggests End to Down Cycle The monthly ValuStrat Price Index indicates the ‘bottoming-out’ of Dubai residential real estate prices Dubai residential real estate prices may have bottomed out after plateauing in May 2016, according to the property consultancy firm ValuStrat.The company said prices stabilised in April and May after almost 2 years […]






Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They






Offshore Buyers Drive Canadian Home Prices Higher or Are They With house prices up by double digits in Canada’s Toronto and Vancouver areas, offshore buyers, mainly from China, have fueled public concerns over whether they are inching the Canadians’ home-ownership dream further out of reach. These concerns have been dismissed by local economists, who say […]






Chinese Investment in US Real Estate Tops $300-B

Chinese Investment in US Real Estate Tops $300-B






Chinese Investment in US Real Estate Tops $300-B Chinese investment in the US real estate market has surpassed $300-B and is growing despite China’s economic weakness and increased currency controls, the authors of a new report said Monday. Between Y’s 2010 and 2015 Chinese buyers bought $93-B in residential real estate, nearly $208-B of mortgage-backed […]






China: Asia’s Most Attractive Consumer Market

China: Asia’s Most Attractive Consumer Market






China: Asia’s Most Attractive Consumer Market China was the most promising consumer market in Asia in Y 2015, and will probably remain so in the next 4 years, according to a report released Thursday. “Even as China’s economy slows and its population ages, it appears set to remain the most attractive Asian market for retailers […]






Hampton’s Home Buyers on the “Sidelines”

Hampton’s Home Buyers on the “Sidelines”






Hampton’s Home Buyers on the “Sidelines” Home sales in New York’s Hamptons fell to the lowest marks in 3 years as potential buyers of luxury properties stayed on the sidelines during this past volatile Quarter on Wall Street. Purchases in the 2nd-home market popular with Wall Street bankers and celebrities, totaled 437 in Q-1 of […]






Major Seychelles Developer Eyes UAE Property Investors

Major Seychelles Developer Eyes UAE Property Investors






Major Seychelles Developer Eyes UAE Property Investors Just under 10% of Eden Island investors are from the GCC The island nation of Seychelles remains an attractive destination for property investors from the Gulf Cooperation Council (GCC), especially those from the United Arab Emirates (UAE), according to one of its biggest developers. Located 200 metres from […]