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07.01.26 - 11:36
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Furniture retailer Ikea to close 7 stores in China amid property market slump (SCMP)
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Ikea will close seven stores in mainland China, as the multinational furniture retailer grapples with the country's weak property market and sluggish consumer spending, which have dampened demand for its goods.
Following a comprehensive review, Ikea China said the seven stores would cease operations from February 2. These are located in Shanghai's suburban Baoshan district, Guangzhou, Tianjin, Nantong and Xuzhou in eastern Jiangsu province, Ningbo in eastern Zhejiang province and Harbin in......
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07.01.26 - 08:36
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Saudi Arabia Moves to Open Property Market (Bloomberg)
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Saudi Arabia is moving to open its real estate market to foreign buyers, a shift designed to unlock new capital and support a construction boom as the kingdom looks to diversify its economy. Bloomberg's Zainab Fattah told Joumanna Bercetche on Horizons Middle East and Africa that the change could draw international investors into housing projects worth hundreds of billions of riyals. (Source: Bloomberg)...
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07.01.26 - 00:18
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Hines′ Steinbach: Commercial Real Estate on Firm Footing (Bloomberg)
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David Steinbach, Hines' global chief investment officer and managing partner, discusses the firm's 2026 real estate investment outlook and the impact of data center demand on the property market with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...
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06.01.26 - 10:30
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Morgan Stanley lifts Hong Kong property to ′attractive′, with rebound to extend into 2027 (SCMP)
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Morgan Stanley upgraded Hong Kong's property sector to “attractive”, noting that an all-round improvement in the city's economy and a policy-driven recovery will continue to push prices higher this year.
The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the ongoing rebound marks the start of a new upcycle.
“We expect all three sub-segments – Hong Kong residential prices, Central office rents and retail rents –......
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06.01.26 - 08:36
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China′s developers diminish further amid unending property downturn (SCMP)
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China's top real estate developers continue to shrink, according to industry data.
The number of mainland property developers achieving annual contracted sales of at least 100 billion yuan (US$14 billion) dropped to just 10 in 2025 from a peak of 43 in 2020, research firm China Real Estate Information Corporation (CRIC) said in a report on Sunday.
Among the top 10 developers, only one, China Jinmao Holdings, reported year-on-year growth in sales, according to CRIC.
The ranks of developers in the......
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06.01.26 - 05:06
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Britain′s Housing Crisis Has Seeds in the 1930s (Bloomberg)
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Take a trip out on the London Underground's Metropolitan Line and you soon find yourself passing through neighborhoods of semi-detached and detached houses with gardens, giving way on occasion to green fields. In Paris or Tokyo, you'd be far more likely to be looking out on apartment blocks of three to six stories. The preponderance of low-rise single-family homes close to train lines and within cities is what gives Britain's landscape its distinctive character. It's also a factor in one of the...
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