US HOMEBUILDING surged to a near 11-year high in May amid an acceleration in both single-family and multi-family home construction, but a second straight monthly drop in permits suggested housing market activity would remain moderate.
MORE than a quarter of London's construction workers come from elsewhere in the European Union (EU), according to new figures released on Tuesday that highlight the British capital's reliance on EU immigrants ahead of Brexit next year.
ABOUT two years after the Blackstone Group registered India's first real estate investment trust (Reit), the private equity giant is close to taking it public. Rising interest rates, however, threaten to get in the way.
[CARACAS] You can still find a place to enjoy a nice steak dinner in Las Mercedes, the Caracas district once known for discos and beer-by-the-bucket pubs. Mostly, though, it's shuttered stores and graffiti-swamped apartment blocks punctuated by busted street lights. And the strangest thing: scaffolding.
ALONG Florida's sun-splashed shorelines, home prices are on the rise, developers are busy building new complexes, and listings just blocks from the beach describe homes that are "not in a flood zone," meaning no flood insurance is required.
WAH LOON Engineering founder Alan Chong, who recently bought a new freehold bungalow in Jervois Hill for S$41.2 million, has also snapped up one of the tallest conservation shophouses along Boat Quay for S$21.35 million.
[LONDON] More than a quarter of London's construction workers come from elsewhere in the European Union, according to new figures on Tuesday that highlight the British capital's reliance on EU immigrants ahead of Brexit next year.