ျပည္ပအိမ္ၿခံေျမသတင္းမ်ား

If you’re wondering how hard it is to find affordable housing in Germany’s capital of Berlin, maybe this will give you an idea – On November 24, a whopping 1,749 people showed up to view a reasonably-priced flat, even though it had only been put on the market the day before. Located near the Schöneberg Town Hall, the popular flat on the third floor of a 1950s building offers 54 meters of usable space and features two rooms and a balcony. So far nothing to write home about, but what really got people interested was the monthly rent of €550 ($610) per month, including extra costs like heating and water. That’s considered a steal in the German capital, and...

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Hotel transactions in Singapore amassed USD5.7 billion as of November, at least five times more than a year before and the highest in the past decade, reported The Straits Times, citing data from Colliers International. Moreover, the Singapore Tourism Board revealed that the city-state welcomed an all-time high of five million visitors in the third quarter, with Mainland Chinese tourists leading the pack. With such numbers, the arrivals for the entire year accumulated to about 15.8 million. According to Govinda Singh, executive director of valuation and consultancy services at Colliers, Singapore was able to profit from the political unrest that still plagues Hong Kong. Tricia Song, head...

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The Cost of Living survey recently published by ECA International ranked Hong Kong as the third most expensive location in Asia to reside in as an expatriate worker, falling behind Ashgabat and Tokyo. Meanwhile, it remained at the sixth spot in comparison with other areas around the globe. Lee Quane, Regional Director – Asia for ECA International, said that Hong Kong’s standing across the globe has remained stable in the past year “despite the ongoing socio-political upheavals and the fact that the economy is in recession.” He said that they have not yet seen any impact on the cost of living. On the other hand, the robust performance of the Japanese yen bumped...

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Brookfield Asset Management Inc. and Greystar Real Estate Partners LLC are among suitors considering bids for U.K. student housing provider iQ Student Accommodation Ltd., which could fetch about 4 billion pounds ($5.3 billion), according to people familiar with the matter. Blackstone Group Inc. is also planning to bid, said some of the people, who asked not to be identified because the details aren’t public. As well as seeking buyers, the student housing group backed by Goldman Sachs Group Inc. is mulling a public listing in London next year, they said. U.S. developer Greystar already has a small stake in the U.K. student accommodation business and is interested in buying more of...

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CDL-sponsored IREIT Global has teamed up with Paris-based Tikehau Capital to acquire a portfolio of office properties in Spain from a Blackstone-controlled REIT, according to an announcement to the Singapore exchange. The European-focused real estate investment trust has agreed to form a 40:60 joint venture with Tikehau, which holds an approximate 17 percent stake in IREIT, to buy the four freehold offices in Barcelona and Madrid from Coruna Patrimonial SOCIMI for €138.2 million ($153 million). The proposed transaction would allow Blackstone to complete its liquidation of a REIT that it set up on Spain’s Alternative Stock Market in 2016, as Singapore’s CDL, part of...

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  China’s skyscrapers are making headlines for snaring annual global awards during the nation’s economic boom. As the nation’s economic growth cools and vacancy rate soars, owners are starting to pay the price for their building frenzy and vanity. Nine super structures in the mainland were recognised among the best tall buildings by the Council on Tall Buildings and Urban Habitat, adding to the seven awards won last year. The Chicago-based council, which announced the results last week, will hand out the awards in April 2020. Among the winners are the 93-metre Gala Ave Westside in Shanghai, built by China State Shipping Company and Citic Pacific Group, the...

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 In 1886 an eccentric woman named Sarah Winchester traveled from New Haven, Connecticut, to San Jose, California, to start a new life. She purchased a small eight-room farmhouse and started a small renovation project that would take 36 years and $5.5 million (in the money of the time), only stopping when she passed away in 1922. By the time she was done, the Winchester Mansion was a modern marvel with indoor plumbing, multiple elevators, a hot shower, and central heating. It had over 160 rooms and 40 bedrooms, 10,000 windows, and even 2 basements. Of course, that’s not all that’s unique about the house. Not all the 2,000 doors can be walked through—one leads to...

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The New York City Council approved on Tuesday a bill requiring new buildings to be constructed with bird-friendly materials. Considered the most extensive policy of its kind in the country, the initiative mandates new glass buildings, as well as projects undergoing a major renovation, to be equipped with materials that are easier for birds to see. Each year, between roughly 90,000 and 230,000 birds die each year in New York City from colliding with glass buildings, according to the NYC Audubon. The bill, set to take effect one year after it becomes law, requires 90 percent of the building envelope for the first 75 feet to include glass that is visible to birds, which could involve...

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Dalian Wanda Group has announced that it will be opening 17 Wanda Plaza shopping centers this month after China’s largest commercial real estate developer celebrated the opening of its 300th plaza in the Hubei provincial city of Xianning in late November. In announcing the opening of its 300th shopping centre Wanda gave few details concerning the 105,000 square metre property, focusing instead on the 1.3 million jobs that the company says its projects have created since the Beijing-based firm began developing shopping centres in 2000. The politically-savvy developer ပါးနပ္ was also quick to point out the contributions that its fleet of Wanda Plazas has made to growing...

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A property thought to be the smallest detached house in Britain is on sale for the bargain price of £150,000. It’s in Leicester, though, so don’t you Londoners dreaming of owning a property in the city get any big ideas. Or small ideas, rather, as this house is rather tiny. Number 15 Goldhill Road in Knighton, Leicester, is just 13ft wide and 26ft high, and covers 338 square feet over two floors. So it’s… cosy. The home was built in 1900 and has been partially renovated by a property developer after its elderly resident passed away. It’s in a strong location, near schools and parks and just two miles from the city centre. And while it is small,...

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