Property

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California Highway 101
Finance

The comfort of 4,000 people in one of California’s wealthiest towns outweighs a rail project connecting San Diego to the country, some residents say

By
February 14, 2024
Gen Z’s self-sabotaging spending on ‘caviar bumps,’ luxury holidays, and designer bags is being driven by housing market rebellion and influencer lifestyle envy
Success

Gen Z’s self-sabotaging spending on ‘caviar bumps,’ luxury holidays, and designer bags is being driven by housing market rebellion and influencer lifestyle envy

By
February 3, 2024
Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’
Finance

Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’

By
January 29, 2024
Christmas shoppers outside the Selfridges department store on Oxford Street on 20th December 2023, in London, England.
Companies

London’s historic luxury department store, Selfridges, is hunting for cash following the implosion of its property titan co-owner

By Libby Cherry, Lucca de Paoli and Bloomberg
December 29, 2023
Entrepreneur Rene Benko
Companies

Once a luxury property billionaire rubbing shoulders with Europe’s elite, Rene Benko’s empire is now coming apart at the seams with his two biggest vehicles filing for insolvency

By Libby Cherry and Bloomberg
December 28, 2023
Low clouds obscure the tops of downtown skyscrapers in Los Angeles
Finance

Commercial real estate values will suffer a $480 billion wipeout next year—and that’s following a $590 billion loss in 2023, research firm says

By
December 19, 2023
Businesswoman Barbara Corcoran says now is the perfect time to buy a home.
Finance

‘Shark Tank’ star Barbara Corcoran insists now is ‘the very best time’ to buy a house despite interest rates hitting a 23-year high

By
October 17, 2023
China’s central bank governor sees growth improving, ‘manageable’ debt risks, and ‘signs of recovery’ in real estate market

China’s central bank governor sees growth improving, ‘manageable’ debt risks, and ‘signs of recovery’ in real estate market

By
October 14, 2023
How many ‘vacant homes’ does China have right now? A former statistics official has an eye-opening prediction
Finance

How many ‘vacant homes’ does China have right now? A former statistics official has an eye-opening prediction

By
September 25, 2023
Silvio Berlusconi’s heirs near deal on $7.5 billion business empire 

Silvio Berlusconi’s heirs near deal on $7.5 billion business empire 

By Antonio Vanuzzo and Bloomberg
September 9, 2023
Country Garden just confirmed the ‘worst fears’ about China’s property market

Country Garden just confirmed the ‘worst fears’ about China’s property market

By Pearl Liu and Bloomberg
August 12, 2023
Country Garden was once a role model for China's ailing property developers.

China hailed a property developer with $64 billion in revenue as a role model. Now the country’s property crisis threatens to send it into default too

By
August 10, 2023
U.S. turns up its economic war on Russian oligarchs with harsher tools
Finance

U.S. turns up its economic war on Russian oligarchs with harsher tools

By Fatima Hussein and The Associated Press
March 13, 2023
MacKenzie Scott
MPW

MacKenzie Scott casually gave away a couple of mansions worth $55 million to charity

By
September 9, 2022
china-property-realestate-market-crash

Chinese property developers slump 87% in the first half of 2022—and it’s possible the housing market still hasn’t ‘bottomed out’

By
September 2, 2022

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