Real estate transactions have achieved significant growth in the first nine months of 2023 File photo Published: Tue 31 Oct 2023, 3:55 PM Last updated: Tue 31 Oct 2023, 3:57 PM Real estate transactions in Dubai achieved significant growth in the first nine months of 2023, recording a growth of more than 36.7 per cent…
Tag: estate
DDX in Dubai’s first real estate asset tokenisation initiative
DDX Global, a consultancy specialising in real-world asset tokenization, has launched its operations in Dubai, with the announcement of ‘Desert Pearl’, a first-of-its-kind real estate development that will be driven by tokenization technology. At the launch ceremony held at the Armani Hotel in Burj Khalifa, DDX Global unveiled details about ‘Desert Pearl,’ which will be…
Dubai Real Estate Looking at a Solid End to 2023, According to LuxuryProperty.co…
For those that have been scanning the real estate headlines so far in 2023, one thing has become abundantly clear – Dubai remains an unstoppable juggernaut. In the first six months of the year, the city earned the crown of the world’s busiest luxury property market, surging well ahead of New York and Hong Kong…
Real estate in China, carbon credit in the UAE, raising debts in Italy
The Soapbox is a weekly news column rounding up stories worth reading for a global university. (Illustration by Max Van Hosen) In China, largest real estate developer misses debt payments Chinese real estate developer Country Garden announced that it will miss payment for overseas debt to the Hong Kong Stock Exchange. The real estate titan…
Opinion | Was Trump’s Real Estate Hype Fraud or Just Business as Usual?
The New York attorney general’s lawsuit against Donald Trump over his real estate business hinges on one question: Where does puffery end and fraud begin? To put it differently, how much can Mr. Trump overstate what he’s worth before he crosses the line into illegality? There’s no doubt that Mr. Trump vastly exaggerated his net…
Real Estate Broker Gets House Arrest in Homeless-Shelter Bribery Scheme
A New York real estate broker was sentenced to nine months of house arrest this week for paying a former shelter operator hundreds of thousands of dollars in a yearslong bribery scheme to profit from city funding meant for homeless people. The broker, Sheina Levin, 61, owned a real estate company in Brooklyn. As the…
New trouble roils China Evergrande, fueling real estate crisis fears
HONG KONG — Just a few weeks ago, China Evergrande, the world’s most debt-saddled real estate developer, was writing its next chapter and working to resolve financial disputes with its creditors. Then a stream of bad news came, and the pages were torn up. Staff at the company’s wealth management arm have been detained by…