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...According to the World Bank’s June economic update, approved foreign direct investment in Cambodia’s property sector plummeted from $1.7bn in 2019 to $142mn in 2020....
...Perched up on a ridge nearby, the Anantara Golden Triangle Resort is among a cluster of five-star properties that pander to moneyed hikers, elephant lovers and sightseers....
...Airbnb, the accommodation platform founded on the promise of cheap sleeps in spare rooms and on blow-up beds, is venturing into the world of luxury — offering properties to rent for up to $1m per week....
...“Part of it admires them for building high-rises, resorts and the like....
...François Arrighi arrived to open and manage the property, fresh from the George V in Paris (and, before that, Les Airelles, one of Courchevel’s celebrated palaces)....
...Related stories Duterte’s elusive Chinese investment bonanza In Hokkaido resort town, condos have central Tokyo prices Chinese developers shift focus as financing costs rise Philippine central bank on...
...CMHC was set up after the second world war to help returning veterans find housing....
...Ohanian was raised in the suburbs of DC, but was born in the Fort Greene neighbourhood of Brooklyn, a short walk from his current flat, a converted 1928 warehouse and the only condo in Brooklyn Bridge Park...
...Resorts such as Telluride, Steamboat and Vail have not weathered the recession as well. One Aspen property recently changed hands for $4.5m; two years ago it sold for $6.2m....
...The writer is editor-in-chief of US News & World Report and chairman, chief executive and co-founder of Boston Properties...
...London, unlike many cities that appear high on liveability lists, has few controls on property ownership....
...That combination means a number of Hawaii’s resorts no longer generate enough revenue to pay the mortgages on their properties....
...Philip Gesue, who oversees real estate projects for Orient-Express Hotels, a Bermuda-based company with properties in 25 countries, says he’s planning to bring rent-to-own to the resort market too, with...
...I visited the property last week, and it’s quite something: quiet, private and New England tasteful....
...It is a 12-month destination resort.”...
...In addition, the average price of a one-bedroom condo was virtually unchanged, at $930,186....
...The group bolstered its portfolio of casino properties last year when it acquired the Mandalay Resort group, owner of the Mandalay Bay casino in Las Vegas....
...“Timeshare is only an investment at the condo-hotel end where you become the owner outright of the property or apartment,” says van der Mark....
...In a reflection of the continued boom in the US property market, Starwood said it would continue considering converting more real estate into timeshares or condos....
...Sales in Park Tower give a good indication of property-price appreciation in the city. Condos that sold for $360-$400 per sq ft in 2001 are now going for $900-$1,000 per sq ft....
...Like the other hotels in the group, the George V is not owned outright by the company. Mr Sharp says he decided "early on" that management of property, not ownership of it, was the way to proceed....
...Each year, the group gets about 3,000 offers to manage properties, and may accept five. Its heartland is in North America, though lately it has taken on some high-profile European properties....
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