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Korea Fund Is Lead Bidder to Buy Goldman’s New London HQ

Korea Fund Is Lead Bidder to Buy Goldman’s New London HQ

Korea’s National Pension Service is the lead bidder to buy Goldman Sachs Group Inc.’s new London headquarters, a person with knowledge of the sale said. Goldman is also in talks with other potential buyers and will probably decide on the winning offer next week, the person said, asking not to be identified because the process […]

Qatari Venture Wins Approval for Almost 1,000 London Homes

A Qatari Diar Real Estate Investment Co. venture won approval to build almost 1,000 homes in the U.K. capital’s Elephant and Castle district. Southwark Council approved the revised plans to replace a shopping mall with apartment towers, a new college campus and stores late on Tuesday. Investor Delancey, Dutch pension fund APG Asset Management NV and the […]

Why Buy A Fractional Ownership Property in the UK?

Why Buy A Fractional Ownership Property in the UK?

The world’s most expensive cities are those where rich international buyers congregate, and no city is as international as London. With a time-zone and language convenient for businessmen from the US to the Middle East to Asia, all conspire to make London the leading financial centre. Coupled with its unrivalled rich heritage, culture, arts and […]

A guide to investing in UK property for Americans

A guide to investing in UK property for Americans

The U.K. is one of the most sought-after locations in terms of property investments. Here’s what you should know before you fancy yourself a cozy cottage. When looking to purchase real estate overseas, you are likely to have looked at a number of different locations from around the world, and the U.K. is sure to […]

Prime Central London Property Market Logs More Price Falls

Prime Central London Property Market Logs More Price Falls

Prime central London’s property market logged further price declines in June, as sales values dropped 1.8%, according to a report released Tuesday from Knight Frank. The current residential real estate downturn impacting the city is now in its 35th month, the London-based brokerage and property consultants said, bogged down by tax bumps on top-tier properties, penalties for […]

Luxury is a Moving Target, Developer Says

Luxury is a Moving Target, Developer Says

Shahab Karmely sees the biggest ‘take a pause’ moments coming from New York right now Developer Shahab Karmely’s New York-based KAR Properties has expanded considerably in southern Florida, with projects that most recently included luxury condominiums One River Point in Miami and 2000 Ocean in Hallandale Beach. The company also has projects in Los Angeles. […]