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08.03.26 - 01:36
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China′s shoppers head for suburban outlets, a bright spot in retail property (SCMP)
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For Steven Zhou, a 40-year-old Beijing office worker, suburban outlet stores offer a better shopping experience than urban malls, allowing him to escape the city, park his car without frustration and, most importantly, find good deals.
“Outlets offer a wide selection of brands, with attractive discounts, especially on sportswear,” Zhou said.
Across the mainland, outlets are expanding while traditional and luxury malls face high vacancy rates. Offering well-known brands at discounted prices,......
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07.03.26 - 04:06
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As the world′s wealthy relocate, rewriting the property map, will Hong Kong win out? (SCMP)
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From Sydney to Hong Kong, wealth migration is reshaping the global super-luxury property market as activity picks up after two subdued years – though the dominance of relative newcomer Dubai is now being tested by the war in the Middle East.
In Sydney, Peter Li, general manager at Plus Agency, said commission revenues on super-luxury homes had risen about 20 per cent from a year earlier. The firm, which handles more than US$300 million in annual sales, has hired six new staff members since......
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06.03.26 - 15:54
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AI′s Hidden Housing Boom (Bloomberg)
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The massive boom in AI data centers faces a bottleneck: how do you persuade workers to move to some of the remotest locations in the US for weeks at a time? Enter the mobile housing companies trying to lure construction workers with trailers, steaks and golf.
(Source: Bloomberg)...
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06.03.26 - 09:36
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UK Halifax House Prices Rise Most In 4 Months (AFX)
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LONDON (dpa-AFX) - UK house prices increased at the fastest pace in four months in February, suggesting the property market gained momentum at the start of the year, data from the mortgage lender ......
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