Many Americans who live abroad choose to keep their US properties for rental purposes.
New York and London have been named as leading international cities of the world.
A total of 39 million square meters of new shopping center space is currently under construction across the world's major cities.
BR Properties SA will sell majority of its industrial properties to Global Logistics Properties Limited.
The company is in talks to add hotels in Rio de Janeiro and Brasilia. A second site in Sao Paulo could come later.
The Canada Pension Plan Investment Board is forming a partnership with Banco BTG Pactual S.A. to invest in Brazil residential development. CPPIB has committed US$240 million for a 40 percent interest in the venture.
Wal-Mart is closing more than 50 underperforming stores in Brazil and China, in the latest sign the world's largest retailer is reworking its international strategy. Wal-Mart announced this week it will decrease its projected international capital investments in 2014.
Asking rents for offices in Caracas, Venezuela have skyrocketed, increasing 80 percent during the first half of the year
The hotel industry in Brazil is expected to show continued growth in the next year, after reporting eight consecutive years of sustained increases in revenue, according to a new report. Brazilian hotels are still favored by investors.
Mortgage rates in Brazil are at two-year low, while mortgage lending has increased as banks look to profit from a secure mortgage business. Itau Unibanco Holding SA and Banco Bradesco SA have each increased their home-loan portfolio by 32 percent.
Canada-based Brookfield Asset Management has raised a $4.4 billion fund to buy global commercial real estate, with a focus on North America, Europe, Brazil and Australia. Canada's biggest alternative assets manager surpassed it $3.5 billion goal for the fund.
The volume of homes purchased by international buyers dropped 17.3 percent last year, as global economies wavered and shoppers focused on low-cost properties, according to the latest study by the National Association of Realtors.
The magnificent presence of this 9,360-square-foot masterpiece overlooking Buck Lake is established through its stately grand exterior and prominent motor court.
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