Worldwide real estate news web site
Blackstone announced that real estate funds managed by Blackstone (“Blackstone”) have agreed to sell their pan European logistics company, Logicor, to affiliates of China Investment Corporation (“CIC”) for €12.25 billion. Logicor owns and operates a portfolio of high-quality logistics assets totaling 147 million square feet, in 17 countries with over 70% concentrated in the UK, …
Continue reading “Blackstone to sell Logicor to China Investment Corporation for €12.25 billion”
According to the IMF Global House Price Index , on average, prices are almost back up to where they were at the start of 2007. There is a fair bit of cross-country variation, as shown in Figure 2. While house prices have increased over the past year in most countries in our sample, the pace …
Continue reading “Global housing markets continue slow recovery, says IMF”
IMF has released its The Global Housing Watch Quarterly Update April 2016 report which tracks developments in housing markets across the world on a quarterly basis. It provides current data on house prices as well as metrics used to assess valuation in housing markets, such as house price‑to‑rent and house-price‑to‑income ratios. According to the updated …
Continue reading “Global house prices grow faster than incomes and rents since 2010 in the world”
