Narratives are important, especially in the sentiment-driven property industry, where the mood among buyers and sellers is a crucial determinant of the sector’s performance and outlook. If there is a market that desperately needs an upbeat story, it is Hong Kong. Since 2018, the city has lurched from one crisis to the next, preventing a…
UK house prices experienced their biggest monthly drop in a year this March, which resulted from market cooling after many homebuyers completed purchases to avoid English and Northern Irish stamp duty changes. According to data from Halifax, the average property price dropped by 0.5 per cent in March, falling to £296,699. This marks the most…
The stock market has taken a hit in recent weeks, as escalating trade tensions under President Donald Trump have rattled investor confidence. Many are worried about the fate of their finances. But investing legend Warren Buffett has a simple test to help cut through the noise — and spot what truly counts. In a 2018…
The benefit of hiring someone to manage your money is getting expert investment advice that protects your portfolio from market volatility while fueling its growth. But, what if you’re paying for advice you don’t agree with? Say you’ve decided to use your father’s wealth manager to oversee your own money, only they decide to put…
Chinese President Xi Jinping’s relatives continue to hold millions of dollars in business ventures and financial investments, suggests a recent US intelligence report. The findings also suggest that despite Xi’s decade-long anti-corruption drive, which has seen the prosecution of millions of officials across all levels of the Chinese Communist Party (CCP) there still remains “endemic”…
The new Printemps fashion store, which opened at Harry Macklowe’s One Wall Street on Friday, “might well be the most beautiful store in New York,” said Downtown Alliance president Jessica Lappin. “Macklowe could not have done it better,” agreed Cushman & Wakefield retail power-broker Joanne Podell, who repped Chinese lifestyle chain Miniso at nearby 150…
Reports that Berkshire Hathaway may soon sell its real-estate brokerage business sparked speculation that Warren Buffett may have lost faith in the struggling industry. Compass is in advanced talks to buy Berkshire’s HomeServices of America , and a deal could come together soon, the Wall Street Journal said Thursday, citing people familiar with the matter….
Hong Kong’s homebuyers are likely to snap up 2,500 new flats in March, on track to deliver the best sales month in a year to developers, as a stock market rally and a cut in stamp duty spurred transactions. Kerry Properties on Thursday put 133 units at the Hava residential project in Yuen Long for…
{KXLG – Watertown, SD} On this week’s From the Halls of City Hall our guest is Councilman Mike Danforth. With a council meeting on Monday 3/3/25, there was a lot to discuss. Your browser does not support the audio element. A mid-term review of the Home Rule Charter is in progress. The committee is assessing…
Hong Kong office landlords are increasingly in a “defensive” position amid a supply glut that is driving tenants to upgrade to better and cheaper locations and facilities, according to analysts. “The flight to quality of existing tenants within Hong Kong is absolutely going to continue with all the new supply coming in the next three…