Real Estate Investment – A major factor in city success. According to research by Jones Lang LaSalle, with real estate investment levels reaching a new high of an estimated ten dollars chasing each dollar of prime assets, real estate is no longer considered a consequence of city success, but is now actively employed to drive … Read more
Middle East and North American investors are the major drivers of increased activity in the European commercial real estate market, according to the latest data by CBRE, quoted by arabianbusiness. The total value of commercial real estate investment activity in Europe continued to grow in Q2 2013 at six percent higher than the total for … Read more
How will the world’s leading property investors manage their portfolios in the coming year? Colliers’ 2013 Sentiment survey reports a positive global investor sentiment The most desirable region for heightened global investment in real estate in the coming year will be the United States, followed by Asia and Western Europe, in particular London, Paris and … Read more
America’s Millionaire Population Grows by 200,000 The number of millionaire households in the U.S. has increased for the third consecutive year, but remains below the pre-recession high of 9.2 million in 2007, according to the 2012 Affluent Market Insights released by Millionaire Corner. US millionaire population rose by 200,000 to 8.2 million in 2011, up significantly from … Read more
LVMH has acquired a 10 per cent stake in China fashion maker Ochirly French luxury giant LVMH has acquired through private equity arm L Capital, a 10 percent stake in mainland fashion maker Ochirly. The deal is worth US$200 million. Ochirly, established in late 1990s, currently operates about 200 retail outlets across the mainland and … Read more
Qatar now world’s richest nation, says IMF Qatar, the world’s largest exporter of liquefied natural gas, surpassed Luxembourg as the world’s richest nation in 2010, according to the latest estimates from the International Monetary Fund. The IMF estimates the Gulf nation will have the world’s fastest-growing economy for a second year. Qatar has a population … Read more