INH Mauritius to sell its 49% stake in JMFCS to JM Financial for about Rs 3,000  crore
International Real Estate News
1 min read
45

INH Mauritius to sell its 49% stake in JMFCS to JM Financial for about Rs 3,000 crore

July 8, 2024
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In a significant restructuring move, JM Financial is set to bolster its ownership of JM Financial Credit Solutions (JMFCS) by acquiring the 49% stake held by INH Mauritius, an investment fund controlled by veteran dealmaker Nimesh Kampani. This deal, valued at approximately Rs 3,000 crore, will see JM Financial’s ownership

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Here’s why London is the preferred overseas real estate investment destination for rich Indians.
International Real Estate
1 min read
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Here’s why London is the preferred overseas real estate investment destination for rich Indians.

July 8, 2024
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London continues to be a magnet for wealthy Indian real estate investors. Several factors contribute to this enduring trend. First, London’s property market boasts a reputation for stability, offering attractive rental yields that provide a steady stream of income. This stability also translates to potential for capital appreciation, making it

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Mitsui O.S.K Lines’ Daibiru Corporation enters India’s real estate sector, invests $123.5 mn in Delhi’s Atrium project
International Real Estate News
2 min read
41

Mitsui O.S.K Lines’ Daibiru Corporation enters India’s real estate sector, invests $123.5 mn in Delhi’s Atrium project

July 2, 2024
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Mitsui O.S.K. Lines’ subsidiary, Daibiru Corporation, makes a $123.5 million investment to enter the Indian real estate market by developing A+ grade office space in Delhi’s Atrium project, partnering with Hines for project completion by 2025. In a strategic move to diversify its holdings and tap into India’s flourishing real

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Japanese Investment Boosts Gurugram Office Market
International Real Estate
1 min read
42

Japanese Investment Boosts Gurugram Office Market

June 25, 2024
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Synopsis: Daibiru Corporation, a Japanese company, invests Rs 10 billion in an upcoming office complex in Gurugram, co-developed by DLF and Hines. Marking a significant investment in Indian real estate, Daibiru Corporation, a subsidiary of Mitsui O.S.K. Lines, has injected Rs 10 billion into an under-construction office complex in Gurugram.

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Kaisa Group Gets Breathing Room as Hong Kong Court Delays Liquidation Hearing
International Real Estate
1 min read
49

Kaisa Group Gets Breathing Room as Hong Kong Court Delays Liquidation Hearing

June 25, 2024
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A Hong Kong court delayed a hearing on a petition to liquidate Kaisa Group. The postponement gives Kaisa until August 12th to finalize a debt restructuring plan with creditors. This decision comes amidst a wave of financial difficulties faced by Chinese property developers. Hong Kong, June 25, 2024: The embattled

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Hong Kong Retains Title as World’s Most Expensive City for Expats in 2024 Mercer Ranking
International Real Estate
2 min read
47

Hong Kong Retains Title as World’s Most Expensive City for Expats in 2024 Mercer Ranking

June 20, 2024
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Synopsis: Hong Kong retains its position as the most expensive city for expats in Mercer’s 2024 Cost of Living Ranking. Singapore follows closely behind, highlighting Asia’s dominance in expat living costs. Rising housing costs pose a challenge for companies relocating employees and impact disposable income levels. Mercer’s ranking considers various

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UK Housing Market Cools as Asking Prices Stall
International Real Estate
2 min read
42

UK Housing Market Cools as Asking Prices Stall

June 20, 2024
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Synopsis: UK house asking prices have stalled at £375,110, marking a shift from the usual upward trend. This flat growth follows record highs in May and could signal a cooling market. Despite the price stagnation, sales figures remain positive, suggesting continued buyer activity. The upcoming election and property’s enduring investment

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California Crown Jewel: Malibu Mansion Sells for Record-Shattering $210 Million
International Real Estate
2 min read
39

California Crown Jewel: Malibu Mansion Sells for Record-Shattering $210 Million

June 20, 2024
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Synopsis: A Malibu mansion has sold for a record-breaking $210 million, becoming the most expensive home ever sold in California. The property boasts 15,000 square feet on nearly 10 acres of clifftop land with private beachfront access. The buyer remains anonymous but is clearly a member of the ultra-wealthy elite.

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Germany’s Housing Slump Deepens as Residential Construction Continues to Slide
International Real Estate
2 min read
39

Germany’s Housing Slump Deepens as Residential Construction Continues to Slide

June 20, 2024
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Synopsis: Germany’s residential construction sector is facing a significant downturn. This decline is driven by a combination of factors, including rising mortgage interest rates, high construction costs, and a lack of new buyer demand. The industry sentiment is at an all-time low, with builders facing a bleak outlook for the

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China’s Property Measures Give Sales a Boost, But Only in Big Cities
International Real Estate
3 min read
51

China’s Property Measures Give Sales a Boost, But Only in Big Cities

June 19, 2024
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China’s recent property measures have led to a boost in real estate sales, but the impact is predominantly seen in the major cities. These measures, designed to stabilize the housing market and stimulate economic growth, have been less effective in smaller cities. The article delves into the specifics of the

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