In this article 136-HK 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande is set to raise about $273 million by selling its remaining shares in film production and streaming company HengTen Networks, according to a filing released
Real Estate
Topline While investors have shied away from China given the country’s recent regulatory crackdown—and especially the troubles in its real estate sector—global asset manager T. Rowe Price says that the near-term volatility creates an “attractive” investment opportunity going into next year. Key Facts Globally, investors have been finding it much easier to invest in companies
Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, May 5, 2021. Octavio Jones | Reuters Higher prices and longer wait times do not appear to be turning buyers away from the nation’s homebuilders. With demand still surging, homebuilder confidence in the
Nearly two years into the pandemic, for many of us, seeing friends and family is more meaningful than ever. Holiday gatherings no longer feel stressful or obligatory, but a true celebration of joy. This means the stakes for holiday decorating are higher than ever. No longer is a beautiful Christmas tree, brightly lit menorah, or
skynesher | E+ | Getty Images A lawyer may be your first call when you decide you want a divorce, but a financial advisor should be your second. In many cases, a divorce has more impact on a person’s current and future financial well-being than any other event in their lives. Sound financial planning may
The luxury branded residences of Dubai include the five-star names of Bulgari, Lamborghini, and The Dorchester Collection. Dubai does not lack in luxury living and style. One of the most prominent addresses is Bulgari Resort and Residences. It sits on Jumeirah Bay, a seahorse-shaped island that is one of Dubai’s most beautiful areas yet close
PeopleImages | Getty Images In a sizzling housing market, some military families using VA loans are struggling to buy homes, real estate experts say. VA loans, mortgages partly guaranteed by the U.S. Department of Veterans Affairs, financed 14% of home purchases from July 2019 to June 2020, according to the National Association of Realtors. The
As with much of London, the streets and structures of London neighborhood, Belgravia, are rich with a storied history—but while many can boast noteworthy pasts of royalty and nobility, none perhaps has quite as auspicious a future. Initially developed in the 19th-century by Marquess of Westminster, Robert Grosvenor, Belgravia’s noble roots have remained a through-line—several
Source: Douglas Elliman Pent-up demand, a roaring stock market and extremely low interest rates are melding together to create a record-breaking luxury real estate market in Manhattan. “Leading up to the pandemic, the high end of the market was the weakest segment of the market. However, since the end of the lockdown, it’s inverted –
A premier plot on the iconic Palm Jumeirah in Dubai has sold for a record-breaking AED 70 million or about US $19 million – signaling a solid finish to an already strong year for the luxury real estate brokerage Driven Properties. “Luxury real estate was always in high demand in Dubai, but this year it
CHUNYIP WONG | iStock | Getty Images As the struggles for renters continue, at least eight states and more than 20 cities have policies in place to keep families protected from eviction. Even as the country pulls out of the pandemic, more than 15% of adult renters still report being behind, with as many as
Between preparing to host family and friends for Thanksgiving and making gift lists and checking them twice, the whirlwind of activities during the busy holiday season can feel more like a blast of arctic air than a hint of festive cheer. Kitchens are put through the ultimate stress test on Thanksgiving, with every appliance and
Frederic J. Brown | AFP | Getty Images For Stacey Foley, refinancing her mortgage was a no-brainer. After paying roughly 4.25% in interest on her existing home loan, refinancing at 3.25% with limited closing costs has saved her $200 monthly. “Two hundred dollars doesn’t sound like a lot of money, but over a year it
New York is in love with the new. During week after week in the fall of 2021, buyers at the upper end of the real estate market have been choosing with their dollars. What they choose, time and again, is newly constructed (or not even yet constructed) condominiums. While fewer billionaires are actually purchasing units
Only 28% of Manhattan office workers are back at their desks and fewer than half will return by January, according to a new survey. Employers expect that 49% of office workers will return on an average weekday by January, according to a survey of 188 big employers in Manhattan by the Partnership for New York
Thursday, November 11 is Veteran’s Day in the United States, when we honor those who have served in our nation’s armed services. According to the Veteran’s Administration, more than 185,000 of the vets who have received care in one of their facilities have been diagnosed with a traumatic brain injury (TBI), and between 11% and
skynesher | E+ | Getty Images It’s no secret that there is a gender pay gap in the U.S. Women earned just 84% of what men made in 2020, according to the Pew Research Center. Consequently, it would take female workers an extra 42 days to make the same income men did that year. Now,
Homes across all price ranges have been flying off the market at a record pace in 2021 thanks to low mortgage rates, pent-up demand and bidding wars. To get an idea of the strong rebound in home prices in the face of a pandemic, real estate data provider Property Shark compiled a list of the
Vehicles drive by unfinished residential buildings from the Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China September 16, 2021. Carlos Garcia Rawlins | Reuters The debt problems facing China’s property sector are likely to cause a period of stagnation which affects both the domestic and global economy, according to George Magnus,
Broker Associate at LIV | Sotheby’s International Realty based in Breckenridge, Colorado. Each luxury real estate agent should have their own unique branding. Whether it is a result derived from affiliating with a luxury brokerage such as Sotheby’s International Realty or Compass or achieved otherwise, it is essential to have a specific and clear identity. Brand consistency and
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