The inauguration of two buildings of the ministries of Justice, Constitutional and Religious Affairs, and Mineral Resources and Energy makes...
Real Estate
Falling profits exacerbate liquidity crisis in Chinese real estate
China's major construction companies are failing to generate enough cash to meet their obligations, according to a...
Portuguese real estate investment may grow around 30%, reaching 2.7 MM€ in 2022
The real estate consulting firm Cushman & Wakefield estimates that investment in the sector in Portugal this year could reach 2.7 thousand...
China's top real estate executives placed under investigation
China on Wednesday announced the opening of investigations into several top executives of state-owned real estate companies for "serious violations...
Government announces $28 million to build 300 Combatant homes
The Ministry of Combatants (MICO) has 28 million US dollars available, earmarked for the construction of 300 houses for the...
China's real estate crisis could lead to $350 MM in losses for banks
China's banks could face mortgage losses of up to $350 billion in a worst-case scenario. A...
Lisbon is the third most expensive city in the world to live in
According to the British insurance company 'CIA-Landlords' ranking, the Portuguese capital is the third "least viable" city to live in, surpassed only...
Rising interest rates in Canada have already led to falling house prices
One of the real estate markets with the highest risk of a housing bubble is easing the pressure. Home prices in Canada fell 0.6%...
Russian millionaires bought more property in Dubai to escape sanctions
In the first quarter of the year, Russian oligarchs and businessmen were subjected to heavy sanctions by the European Union...
Patrimony of Correios de Moçambique goes to public tender. The winner is the one who pays more...
The assets of the extinct state-owned company Correios de Moçambique will be liquidated through a public tender, after the conclusion of...
Property prices fall for the seventh consecutive year in South Africa
A report by South African real estate consulting firm, Rode & Associates, suggests that the real estate market, particularly houses, in Africa...
World's narrowest skyscraper already has apartments for sale. Prices reach 60 M$
Steinway Tower is finished and its apartments are now available for sale. With 435 meters high, this...