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The Latest in Property...
DeNA Co., the social website operator that’s working with Nintendo Co. on smartphone games, and condominium builder Haseko Corp. will join Japan’s Nikkei 225 Stock Average.
Vonovia SE will this month become the first residential landlord to enter a benchmark European stocks index after a two-year acquisition spree that more than tripled its market value to almost 14 billion euros ($15.6 billion).
Home sales in Hong Kong, where prices have surged to a record, are set to extend declines as buying interest slumped with a stock rout, according to one of the city’s two largest property brokers.
Home prices in Hong Kong posted the best returns in Asia last quarter, while those in China had the biggest declines, according to Knight Frank’s Global House Price Index.
The Palazzo di Amore, a Beverly Hills, California, estate with a vineyard and parking for 150 cars, is being offered at 24 percent off its record asking price of $195 million.
A new home-price index is a warning sign for some property markets
Short-term rentals in the city are going for truly ungodly rates
Emaar Properties PJSC is offering hundreds of new luxury homes in Dubai that could sell for as much as 3.8 million dirhams ($1 million) each just as the city’s residential real estate market posted the world’s biggest price decline.
Senior-housing companies in Canada rallied after Amica Mature Lifestyles Inc. agreed to be acquired by a pension fund-backed company, extending an industrywide consolidation.