Luxury Real Estate Blog and News
“Jones Lang LaSalle is opening a full-fledged operations branch in Sri Lanka. It is the first IPC to venture out into this lucrative country, based on its findings that Sri Lanka is a real estate boom unfolding even as we watch,” said Alastair Hughes, CEO of Jones Lang LaSalle Asia Pacific.
The French government has cashed in on Hong Kong's property boom by selling its Hong Kong consular residence for 74.5 million US dollars, a news report said Tuesday.
It is a war torn city where militant Taliban insurgents regularly explode bombs but Kabul, the capital of Afghanistan, is also experiencing a mini property boom, according to reports. According to local estate agents prices in some parts of Kabul have risen by 75% in the past year. Part of this is due to the fact that international agencies are willing to pay to acquire properties in the best locations but also wealthy Afghans are buying again having had their fingers burned in badly hit real estate markets such as Dubai.