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...Son bought the Woodside estate 11 years ago, paying $117.5mn — then the most for a US residential property — to acquire the property from Tully Friedman, co-founder of private equity giant Hellman & Friedman...
...Construction included cordoning off several kilometres of the ocean to dye it a brighter shade of blue. The project is currently marketing 294 apartments and has 66m sq ft of residential space....
...Oaktree storms Evergrande’s crumbling castle Hong Kong — with its chronic shortage of buildable land — is an odd place on which to plan the construction of a sprawling Versailles-style castle....
...San Francisco laws require them to build affordable housing, or pay a heavy fee on new residential projects over 10 units....
...Google said it would contribute $1bn over the next decade to the construction of new housing close to its offices in Silicon Valley, marking the biggest attempt yet by a leading technology company to alleviate...
...This was the valuation put on Greenland by bullish Alphaville LLC researchers, according to The Guardian. The Isle of Man does not have the same reserves of oil or uranium....
Leading investor adviser recommends voting against housebuilder’s pay report at AGM
...REA believes the new tool will disrupt traditional loans for residential property in Australia....
...With young Americans eschewing home ownership and residential construction still weak, the Wall Street wizards have once again shown their ability to capitalise on a trend before anyone else....
...After these two transactions, the LLC that ultimately owned the property shared most of its members with the first LLC....
...While Rio de Janeiro has the Christ the Redeemer statue or Sugarloaf Mountain, São Paulo is better known for its serried ranks of concrete residential blocks....
...This was below the 1.5 per cent drop forecast on average, but economists were encouraged that residential construction, particularly that of units, remained firm....
...The scheme would be Damac’s second in the UK after Aykon London One, a planned 50-storey luxury residential tower due to start construction this year in the Nine Elms area south of the Thames....
...About 54,000 homes are planned or under construction in the most expensive areas of the capital, with most of these set to be priced at £1m or more, research by LonRes found last year — even though only...
...His company is building the first new residential project on Fisher in a decade and, in so doing, is hoping to attract a younger generation of uber-wealthy buyers to this “old Miami” resort....
...Saudi Arabia is proposing to spend $15bn on the Al Mozaini Riyadh East Sub Center, a mixed-use commercial, retail and high-density residential development, while in Mecca a project to build two metro lines...
...after an influential analyst at Liberum downgraded Barratt, Persimmon and Taylor Wimpey to “sell” ratings, arguing that house price inflation across the UK would fail to keep pace with the rising costs of construction...
...Still, the return of the developers will bring an important new dimension to the Irish construction market. Irish housing construction used to be almost entirely debt-financed....
...China’s residential market is clearly very soft, but I believe a housing crisis is very unlikely....
...Let’s start with the consensus that China’s residential property market is about to replicate the U.S. housing crisis. But China has avoided most of the U.S. traps....
...This sector is important because residential real estate together with construction last year accounted directly for about 10 per cent of GDP, 18 per cent of fixed-asset investment, 10 per cent of urban...
...Songbird has about 11m sq ft of property under development, including the Shell Centre, and about 8m sq ft already in its investment portfolio or under construction....
...Bill Gates taking a stake in the construction group FCC....
...With 85 per cent of its developments in Dubai, Damac has delivered 8,887 units since launching its first residential project in 2002, with a total project value of $3.1bn....
...Under the terms of most construction loans a deadline is set by which the developer must secure tenants for an agreed proportion of the building....
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