A recent move by the United Arab Emirates (UAE) to cut interest rates will protect the currency and support the economy amid rising external risks, the country’s top central banker told CNBC... Read more
Dubai property developer Damac has canceled its dividend payments, conceding slumping profitability and a weak market are hurting its operations. “Kindly be advised that Damac confirms the n... Read more
Without the Softbank bailout deal, reeling space-sharing company WeWork would have been out of money by the end of next week, sources tell CNBC’s David Faber. WeWork announced Tuesday that J... Read more
Anyone out hunting for an affordable home today knows that the pickings are slim – and they are about to get slimmer. Housing inventory hit a record low about two years ago, but a lull in ho... Read more
The boards of Indiabulls Ventures and Indiabulls Real Estate on Friday approved the proposals of equity share buybacks to the tune of Rs. 1,000 crore and Rs. 500 crore, respectively. Capital... Read more
Fall homebuyers are getting a bonus. The sell-off in the stock market is causing an unexpected turnaround in mortgage rates. Mortgage rates fell throughout much of the summer but then made a... Read more
Billionaire Andrew Carnegie famously said that 90% of millionaires got their wealth by investing in real estate. We wanted to know: Is this still true? Is investing in real estate still a go... Read more
Savills report says Middle East investment in global real estate is growing faster than any other region London has traditionally held the top spot as the most popular city for global invest... Read more
Sales of newly built homes in August hit the second highest level in over a decade. Those numbers were released just after a homebuilding analyst at Raymond James upgraded Toll Brothers, Len... Read more
The online retail boom in China is fueling demand for storage spaces — and real estate investors should start thinking about putting their money in warehouses, said the founder and CEO of Ba... Read more
