New York Community Bancorp agreed to purchase Astoria Financial Corp., expanding its network in the biggest U.S. banking market in a deal valued at about $2 billion. Both companies’ shares declined.
New U.S. single-family home sales fell to near a one-year low in September after two straight months of gains, but a jump in prices suggested that housing remained on solid ground.
China’s moves to ease mortgage restrictions and cut interest rates are bearing fruit in the nation’s smaller cities, where home prices have staged a recovery. Now comes the bigger challenge: Clearing a supply glut to spur investment by developers.
Saudi Arabian stocks declined to the lowest in two months on investor concern that a proposed land tax may lower profit at banks and real estate companies. Israeli shares rose.
The establishment of the Association of South East Nations (ASEAN) as a single economic market by the end of 2015 will immediately benefit the industrial sectors of member countries, with some positive spill over for local office and retail property markets.
According to CBRE's recently published report, The Expanding Role of Chinese Capital in Global Real Estate Markets, over the past four years, annual China-sourced outbound flows to commercial real estate experienced a compound annual growth rate (CAGR) of approximately 72% to reach over $10 billion for the year 2014. This is the first time annual flows have exceeded the $10 billion mark
Like a bouquet of colorful flowers blossoming among the desert dunes, the three towers of the Vertropolis complex reach toward the Riyadh sky.
Based on CBRE's newly released Four Quadrants Asia Pacific H1 2015 report, highlighting the “four quadrants” of institutional real estate capital –private equity, public equity, private debt and public debt–reported an uptick in real estate capital market transactions in the second quarter of 2015 across Asia.