News: russia property investment

The most recent russia property investment news from a variety of international property news sources.

$100 Million Mansion: Most Expensive Home in U.S. Bought by Russian – Yuri Milner

The most expensive single-family home ever sold in America has just been bought for $100 million by a Russian billionaire. The lush mansion in Silicon Valley has been compared to a French Chateau, thankfully they said on steroids because apart from its size, the mansion has little else in common with any Chateau! With 5 [...]

Property prices slowing down in Sao Paulo

Property prices in Sao Paulo fell in the final months of 2010 but there is little cause for concern, especially given the rapid growth preceding the minor falls. In Brazil’s emerging market there is no such thing as an official indice, or even an indice as well respected as those of the UK lenders like [...]

Property prices slowing down in Sao Paulo

Property prices in Sao Paulo fell in the final months of 2010 but there is little cause for concern, especially given the rapid growth preceding the minor falls. In Brazil’s emerging market there is no such thing as an official indice, or even an indice as well respected as those of the UK lenders like [...]

Google Founder Buys Super-Yacht – Second Hand

There has been a big fuss made because the founder of Google Larry Page bought a super yacht second hand but many say the decision should be applauded. Larry Page is married with one child, and he has bought a 195 foot yacht with 10 bedrooms, a massive dining room, helipad, gym, and multi-level sun [...]

Challenging times ahead for Iskandar

JOHOR BARU: Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim says attracting new investments to Iskandar Malaysia is going to get tougher and more challenging. He said although the country’s first economic growth corridor was making significant progress and moving in the right direction, albeit uncertainties in the global economy, Iskandar could not [...]

Canadian’s Snapping up Florida Property Bargains: Because they Can

A few months ago, a report by the National Association of Realtors told us that Florida is by far the most popular region with foreign buyers with 22% of sales. The next closest was California with 12%, followed by Arizona with 11% and then Texas with 7%. Also dominant in the market was Canadians. Taking [...]

Russian Investors Launch Mega-Development In Kenya

The launch of a mega real estate project in Kenya by Russia’s Renaissance Group could herald a revival for Africa’s sub-Sahara. Starting in 2012, the joint venture development will accommodate over 60,000 residents to capitalize on Kenya’s boom in population and income. See the following article from…

Press Release: Tony Parker Buys on Lake Geneva, Switzerland

Geneva, 6th October 2010 – NBA San Antonio Spurs basketball star Tony Parker has bought an apartment in the luxury “Du Parc Kempinski Private Residences” above Lake Geneva, Switzerland, which looks out onto stunning views of the Alps. “Du Parc Kempinski Private Residences” was a former Grand Hotel that was built in 1906, in the [...]

Russia and the East Leading, Emerging Market Dominant in Expat Wealth

Emerging markets are by far the best place in the world for expats to live according to the latest HSBC Expat Economics report for 2010, which compares expats’ wealth. The report compares the number of expats earning over $200,000 per year, the number with disposable income of more than $3000 per month, the number who [...]

Foreign Investment in U.S. Real Estate (2010) – The Stats (Realtors® Report)

The latest profile of international activity in the US housing market published by the National Association of Realtors has revealed many interesting figures, some surprising and some not so surprising. The biggest finding for us was in the state by state breakdown of foreign purchases. According to the report, Florida (22%), California (12%), Arizona (11%) [...]