Some two million people who live in informal low income settlements (favelas) in the Rio de Janeiro Metropolitan Region, Brazil, will be benefiting from a 485 million US dollars development policy loan for the Metropolitan and Housing Project approved by the World Bank.
The Global Cities Survey, published by Savills PLC, reported last week that Hong Kong residential property is now the most expensive in the world. Based on the property price index contained in the survey, residential property in Hong Kong is 55% more expensive than property in London.
Chinese city planners have announced a plan to merge cities surrounding the Pearl River Delta to create the world’s largest metropolis with 42 million people
The number of newly signed sale contracts on existing United States homes registered another increase in December, beating analysts' expectations.
United States family home prices, fell for a fifth straight month in November and could reach new lows soon, a closely watched survey showed on Tuesday.
Alternative Latin Investor is proud to present its latest special report, Latin America Real Estate Investment 2010. <br />
The report covers the commercial, residential and tourism sectors within Brazil, Mexico, Colombia and Peru with special sections on Agricultural Land Investment in Argentina and the massive Panama Pacífico Project.
China's Ministry of Housing and Urban Rural Development announced this week that purchases of housing by overseas organizations and individuals in the country would be capped or restricted, a move widely seen as combating speculative money from overseas that might flow into the property market.
A New York City penthouse at 15 Central Park West sold to a mystery buyer for 40 million US dollars, representing the highest-priced residential real estate in the city at a record of 10,259 US dollars a square foot.
Interest in fixed assets, strong commodities’ prices and growing prospects that global demand for food producing land will continue have generated a new rush of foreign investors to buy land in Uruguay.
Land purchases by foreign investors in poor countries and the growing use of bio-fuels are boosting pressures on agricultural farmland and helping make 500 million small farmers hungry, a U.N. envoy said this week.