Luxury Real Estate Blog and News
Fosun, one of China's leading privately-owned groups, has purchased the former Milan headquarters of Italian bank UniCredit.
Japanese tycoon Katsumi Tada's $15.8 million loss on a penthouse unit at St Regis Residences may be the largest but several other sellers have also taken hefty losses at the project this year.
Investment risk is greater than for residential properties as a whole, with new parking spaces slightly more volatile than second-hand
Chinese buyers have surpassed Canadian snowbirds as the dominant foreign buyers of homes in the U.S., according to the National Association of Realtors.