W Union Square Put Into Bankruptcy, Halting Foreclosure - Bloomberg
March 24 (Bloomberg) -- The W New York Union Square hotel was put into bankruptcy by the junior mezzanine lender that took over ownership of the Manhattan luxury property in December from Dubai World . Hotels Union Square Mezz 1, an entity controlled

If hot China real estate market stumbles, will USA get - USA Today
dangerous level: buyers snapping up luxury properties purely for investment; residential prices rising precipitously across the nation; and vacancy rates soaring for commercial properties. "The pace of the housing and property market

Citi: By Banning Land Sales, China Will Send Luxury - The Business Insider
Oscar Choi at Citi makes a sharp point -- by temporarily banning the sale of land and declaring that 70% of new land supply be allocated to welfare housing, China has actually restricted the supply of property in the higher end property market. Guess

Saudi Arabia: the race to build new business hotels - Times Online
economic climate, which although it has not laid waste to the hotel scene as in Dubai, it has certainly made business travellers think twice before make a booking at a luxury property. At present, there are just two five-star properties in the

New city property values expected to jump - Taipei Times
Meanwhile, the area’s luxury property market, in particular, faces an undersupply, Tsao said. The association’s statistics showed some 3,000 to 5,000 high-income earners are currently shopping for luxury properties in the city, while the supply

Dublin at number three in world for largest luxury home - Independent
The survey shows property prices at the upper end of the market declined 25pc in Dublin, 30pc in the western Algarve and 45pc in Dubai. "The global market for prime residential property polarised during 2009. While some Asian cities saw phenomenal

Luxury home prices set to rebound this year, developers - Channel NewsAsia
The launch of "The Residences at W Singapore" at Sentosa Cove suggests that developers are gearing up for a rebounding luxury property segment. City Developments has priced its residential units there at S$2,500 to S$3,000 per square foot, at the