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Real Estate

Real Estate

Real estate stocks rally

Real estate stocks

Shares of Singapore-listed property players are poised to achieve their highest annual gain in five years, with experts believing that the good times would continue, reported Bloomberg.

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Real Estate

Plan on Renn property approved

Renn property

A development along Frederick’s Monocacy Boulevard will add nearly 300 units in two buildings to more than 550 single-family houses, after getting approval from the city of Frederick’s Planning Commission on Monday night.

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Real Estate

GPIF recruits asset managers for real estate, infra investments

Japan’s Government Pension Investment Fund (GPIF) on Tuesday began recruiting asset managers for investments in private equity, infrastructure and real estate, as the world’s largest pension fund’s embrace of riskier assets gathers pace. In its first recruitment of outside managers for investments in so-called alternative assets, GPIF is looking to hire an unspecified number of institutional investors to oversee bets in Japan and other developed countries.

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Real Estate

Real estate scams exposed

Real estate scams

Buying a house can be stressful, but thanks to hackers the stress level for some is on a whole new level.

“We’ve seen a significant increase, especially in the last few months, of cyber security fraud,” said Edina Realty CEO Greg Mason. Mason is warning people about a relatively new scam that is costing home buyers thousands. “It’s become a greater target,” he said of real estate transactions.

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Real Estate

Record run continues for Hong Kong December home prices

Hong Kong real estate

Hong Kong home prices shattered records for the second consecutive month, reaching yet another life-time high in December, the latest government data released on Friday showed.

Private home prices climbed for nine consecutive months, edging up 0.07 per cent in December when compared to the previous historic high a month ago, according to provisional data from the Rating and Valuation Department.

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Real Estate

Hilton separates from timeshare and real estate brands

real estate

Hilton Worldwide has separated from two of its brands, including its timeshare arm, Hilton Grand Vacations (HGV), and real estate investment trust, Park Hotels & Resorts.

The move will see HGV and Park both start operating as independent companies, publically-traded on the New York Stock Exchange. Hilton Worldwide will also continue trading in the NYSE.

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HighlightReal Estate

US construction spending highest in a decade

US Construction

US builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade.

Construction spending rose 0.9 per cent in November after a 0.6 per cent increase in October, the Commerce Department reported Tuesday. The increase reflected solid gains in home construction, nonresidential building and government construction activity.

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