News: united states property investment

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

IGB allocates RM3bil for overseas assets

An artist’s impression of Mid Valley City. Tan says IGB has allocated RM500mil for the construction of the third and final phase of the development KUALA LUMPUR: Property developer IGB Corp Bhd has allocated up to RM3bil for various assets acquisitions overseas this year, said managing director Robert C.M. Tan. He said the acquisitions comprising [...]

IGB targets foreign acquisitions

Property developer IGB Corporation Bhd has allocated up to RM3 billion for various assets acquisitions overseas this year, said managing director, Robert C M Tan. He said the acquisitions comprising mixed developments, including hotels in Europe and the United States, was in line with the company’s expansion plan. “We always look for deals and that’s [...]

A green look at property value

A growing number of developers and building owners in Malaysia are recognizing the value of going “Green”. The term sustainable development has interchangeably been used to reflect “green features” in the development. In some countries, sustainable development has a deeper meaning than simply applying “green features” as it is used to tackle a number of [...]

Global Housing Recovery Stalled in 2010

The recovery seen in the global housing market in the latter part of 2009 and into 2010, has stalled badly in the latter part of 2010, according to the latest figures from the Global Property Guide. This is a blow for the industry and everyone involved in it, though it is truer to what economies [...]

Commercial Real Estate Could Offer Good Hedge Against Inflation

With higher inflation possibly looming in the United States, already having made its way to countries like China, experts wonder if commercial real estate will provide a good hedge against it. Read more about this in the full article from National Real Estate Investor. It seems to be only a matter…

A New Dawn

Today, we wake up to a new President-elect of the United States of America. Thank goodness. At last, Americans can travel the world and not feel embarrassed to open their mouths, lest someone hears their accent and vilifies them for it (I met an American couple at Heathrow Airport once, who were pretending they were [...]

Banking Blues

Blimey, what a few days it’s been. Every Tom, Dick, and Harry of a financial expert has been jumping on the bandwagon using the word ‘crisis’ to describe the current banking chaos enveloping the United States and beyond. And they’re not wrong. The astonishing collapse of the Lehman Brothers investment bank (the fourth largest in [...]

US housing system a bad model: IMF

The International Monetary Fund on Wednesday singled out the United States as a poster child for bad housing policies, calling on Washington to reform for the sake of global financial stability. “The US housing finance system, which has several unique features, needs to be reformed,” said the IMF in its twice-yearly Global Financial Stability Report. [...]

Global Housing Recovery Stalled in 2010

The recovery seen in the global housing market in the latter part of 2009 and into 2010, has stalled badly in the latter part of 2010, according to the latest figures from the Global Property Guide. This is a blow for the industry and everyone involved in it, though it is truer to what economies [...]

Legoland aims for one million visitors

Siegfried Borst (left) and Zainal Ashikin Muhammad Rejab looking at a model of pre-war shop houses made of Lego bricks. NUSAJAYA: Legoland Development, the operator of Legoland Malaysia Theme Park being built here, expects to see one million visitors passing through its gates in the first year of operations. Legoland Malaysia Project senior director of [...]