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Top U.S. mall operator Simon faces pandemic pain

(Reuters) – Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began. Simon Property Group (SPG.N), the ... More »

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Betting the house: investors demand higher premiums for risky…

SYDNEY (Reuters) – Investors in Australian mortgage bonds are demanding higher premiums to buy the riskiest tranches of new debt, as a slowing economy stokes concerns a property downturn could get worse and increase home loan defaults. High-yield investors are... More »

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Seeking an edge, U.S. landlords turn to tenant experience apps

NEW YORK (Reuters) – The firm that sold Chelsea Market to Google for $2.4 billion has joined three large brokerages, among others, to back software designed to meet the growing demands of a millennial workforce that is changing how office space is leased and m... More »

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China property investment growth slows, sales dip on increased curbs

BEIJING (Reuters) – China’s property investment growth slowed in April while sales marked their biggest fall in six months as higher borrowing costs and increased curbs on buyers weighed on demand, backing views that a key driver of the economy is losing some ... More »

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Chinese developers flag higher sales to gain rank

HONG KONG (Reuters) – The publication of eye-catching sales targets by many Chinese developers this year has contributed to a sharp rise in their share prices as investors built in rosy expectations for the companies. The targets by the developers with listing... More »

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China aims to keep property market stable in 2018

China aims to pursue "stable and healthy development" of the property market in 2018 with an increased focus on providing affordable housing and developing the rental market, Premier Li Keqiang said in a government work report released on Monday. More »

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China’s top developers poised for strong sales as debt woes linger

FILE PHOTO: Apartment blocks are pictured in Beijing, China December 16, 2017. REUTERS/Jason Lee/File Photo HONG KONG (Reuters) – China’s large developers are tightening their hold on the country’s real estate market, capturing an ever-larger share even as sal... More »

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LaSalle sets $1 billion target for pan-Asia real estate fund

LaSalle Investment Management Inc has set a new capital-raising target of $1 billion for the fifth of its pan-Asia opportunistic real estate funds, one of which is expected to significantly outperform a target annual return of 18 percent, the unit of Jones Lan... More »

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Kremlin hopes U.S. finds `political wisdom` to solve diplomatic row

The Russian Embassy’s compound in Centreville, Maryland, U.S. is pictured in this still image taken December 30, 2016 from NBC4/WRC-TV helicopter video footage. MANDATORY CREDIT NBC4/WRC-TV/Handout via REUTERS The Kremlin said on Monday it hoped the Trump admi... More »

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China can stabilize homes prices, tax plan under way: government

Residential buildings are seen in Beijing, China, January 10, 2017. Picture taken on January 10, 2017. REUTERS/Jason Lee China’s property prices will remain stable in the first quarter, housing minister Chen Zhenggao said on Thursday, adding the government has... More »

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Tokyo office boom fades with more space, fewer workers

Medium-rise and low-rise residences and office buildings are seen from the first observatory deck of Tokyo Sky Tree in Tokyo October 30, 2011. REUTERS/Issei Kato/File Photo Commercial property prices in Tokyo, a bellwether for Japan’s market, look to have peak... More »

Euro zone house prices keep rising but no bubble yet: ECB

Pedestrians walk past the headquarters of the European Central Bank (ECB) in Frankfurt, Germany September 8, 2016. REUTERS/Ralph Orlowski The euro zone housing market is on its best run since the global financial crisis but prices on average are still only in ... More »

U.S. office vacancy rate flat for third straight quarter: Reis

Shadows from the sun enhance the geometrical design on the facade of a skyscraper on a autumn day in New York November 10, 2014. REUTERS/John Schults U.S. national vacancy rate for the office sector in the third quarter was flat from the second, even as vacanc... More »

Four cities in China restrict property purchases

Models of residential buildings are seen at a sales center in Zhengzhou, Henan province, China, September 23, 2016. Picture taken September 23, 2016. REUTERS/Yawen Chen/File Photo Four Chinese cities have announced new restrictions on property purchases as the... More »

Australia forces sale of 16 foreign-owned properties since May

Australian Treasurer Scott Morrison speaks to journalists at a press conference before delivering the 2016 Federal Government’s budget at Parliament House in Canberra, Australia, May 3, 2016. AAP/Mick Tsikas/via REUTERS Australia has forced the sale of 16 prop... More »

China home price gains quicken in October

BEIJING Growth in Chinese new home prices quickened in October from a year ago, two private surveys showed, adding to signs of stabilization in the housing market after a raft of government support measures. Prices of new homes in 288 cities rose an average 1.... More »

China July property investment slows further, sales improve

BEIJING China’s real estate investment growth continued to slow in the first seven months of 2015 due to weak new construction, but property sales and housing investment improved, indicating a mixed recovery in the struggling property market. Property investme... More »