It is an irrefutable truth that the Covid-19 pandemic has brought mute to its knees. Several entities lost money, including the real estate sector. And we are following the unfolding Evergrande crisis in China. But in all of this there were those who proved otherwise and prospered in business, namely the sale of real estate. The most...
Category: Real Estate
Dubai's most expensive luxury penthouse valued at $49M
The 25,000 square foot five-bed triplex penthouse is located at Atlantis The Royal Resort & Residences in Palm Jumeirah. The five-bed triplex penthouse on the top floor of Atlantis The Royal Resort & Residences in Palm Jumeirah, Dubai, is a 25,000 square foot property. The property has six bathrooms, a...
Evergrande can raise USD 5 billion with real estate sales
Evergrande intends to sell its majority stake in the property management business. In this regard, the Chinese real estate giant may cash in on $5 billion, according to the international press. So, if the plan goes ahead, this deal will be the largest asset sale ever by an indebted real estate developer. Evergrande is immersed...
Meet the world's most expensive penthouse. It's for sale in Dubai for 42 million
The world's most expensive penthouse is for sale in Dubai for 42 million euros. The house has 3,320 square meters (m2), five bedrooms, six bathrooms, its own pool and a large terrace
Chinese Real Estate Debts Trash Stock Exchanges and Shock the World Economy
Evergrande Real Estate, a Chinese real estate company responsible for more than 1,300 projects in 280 cities, is facing a financial crisis that threatens to bring down the international investment market. Fears of this happening led to stock markets around the world crashing this Monday, and left the...
Teixeira Duarte worsens losses to 19.9 million euros in the first half
Retraction of the economy due to the pandemic and currency devaluation resulted in a reduction in the group's revenues of 13.9% in the first half of the year. In Portugal, Teixeira Duarte grew 36% in real estate and contracted 29% in hotels
Residential market and luxury rentals increase in the first semester
The global housing market managed to record the fastest growth since December 2016 with 70% of the cities analyzed recording positive changes, reveals the Prime Residential World Cities Index by Savills Aguirre Newman, quoted by El Economista
Find out which are the most expensive cities in the world after one year of Covid-19
The pandemic has hampered cities with confinements and the disappearance of tourists, thus hurting the cost of living. But according to data released by Mercer, to which the newspaper Ejeprime had access, Hong Kong managed to maintain its lead and remains the most expensive city in the world to live
Get to know the most solid and resistant cities in the world in terms of real estate
New York, Los Angeles and London have been identified as the most resilient cities in the world, according to the Resilient Cities Index published in Impacts, Savills' global real estate research program
Government creates facilities for the acquisition of apartments
Two hundred and forty apartments of the second phase of the Olympic Village, in Maputo City, are available for young people and state employees, with amortization facilities over a period of up to 25 years