International real estate

Berkshire Hathaway HomeServices Launches New International Real Estate Website and Syndication Service Powered by Constellation1

Retrieved on: 
Monday, May 24, 2021
Real estate, Industry economics), Berkshire Hathaway, Companies, Real estate industry, Juwai.com, HomeServices of America, Zillow, Property technology, International real estate, Hathaway, BHHS

NEWPORT BEACH, Calif., May 24, 2021 /PRNewswire-PRWeb/ -- Constellation1, a leading provider of real estate technology and data services for brokerages, franchises, and MLSs across North America, has been selected by Berkshire Hathaway HomeServices, to provide its international real estate website solution and robust syndication services.

Key Points: 
  • NEWPORT BEACH, Calif., May 24, 2021 /PRNewswire-PRWeb/ -- Constellation1, a leading provider of real estate technology and data services for brokerages, franchises, and MLSs across North America, has been selected by Berkshire Hathaway HomeServices, to provide its international real estate website solution and robust syndication services.
  • The new website and syndication services improves Berkshire Hathaway HomeServices' offerings to their international franchisees, enabling it to better serve international clients and display listings from across its international network, in one location on global.bhhs.com .
  • Additionally, Constellation1 will manage syndication of all Berkshire Hathaway HomeServices international listings to listing syndication resources, such as Adwerx, Zillow, Juwai.com and several others globally.
  • "Berkshire Hathaway HomeServices has a strong presence in both the North American and international real estate markets and we're pleased that it selected Constellation1 for our unmatched expertise in real estate data services," said Andrew Binkley, President of Constellation1.

Real Estate Industry Leader Joseph A. McMillan, Jr. to Head New International Venture

Retrieved on: 
Monday, May 17, 2021
Globalization, International real estate, Real estate industry

b'NEW YORK and PARIS, May 17, 2021 /PRNewswire/ --Celebrated New York real estate visionary Joseph A. McMillan, Jr. has launched Azur, an international real estate investment and development company focused on major American and European markets.

Key Points: 
  • b'NEW YORK and PARIS, May 17, 2021 /PRNewswire/ --Celebrated New York real estate visionary Joseph A. McMillan, Jr. has launched Azur, an international real estate investment and development company focused on major American and European markets.
  • Azur\'s portfolio encompasses dozens of assets throughout the United States and France, which include mixed-use, industrial, office, retail, hospitality, and residential properties.\nMcMillan is a pioneer in the integration of real estate design, development, construction, and asset management.
  • Under his guidance, DDG has become known for its architecturally sophisticated residential and mixed-use projects in California, Florida and New York.
  • "The world is changing, and it is a privilege to steward Azur\'s resources for the benefit of our shareholders and end-users alike.

QuadReal consolidates senior leadership appointing Jameson Weber as Managing Director, Americas

Retrieved on: 
Wednesday, May 12, 2021
Globalization, International real estate, Real estate industry

Weber joined QuadReal in 2018 as the company\xe2\x80\x99s first U.S.-based hire, establishing the New York City office and acting as Managing Director, Head of Special Situations.

Key Points: 
  • Weber joined QuadReal in 2018 as the company\xe2\x80\x99s first U.S.-based hire, establishing the New York City office and acting as Managing Director, Head of Special Situations.
  • In his new role, Mr. Weber will oversee investment activities in the Americas, which currently includes the U.S., Mexico and Brazil markets, across all property types.
  • Weber will continue to report directly to Jonathan Dubois-Phillips, President, International Real Estate at QuadReal.
  • Mr. Raj, as previously announced, recently joined QuadReal to lead the U.S. real estate debt team.\n\xe2\x80\x9cThis is a well-earned role for Jameson.

eXp World Holdings Expands Real Estate Operations Into Brazil

Retrieved on: 
Tuesday, February 23, 2021
Exp, International real estate

BELLINGHAM, Wash., Feb. 23, 2021 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing real estate companies in the world, has expanded into Brazil, under the eXp Brazil banner.

Key Points: 
  • BELLINGHAM, Wash., Feb. 23, 2021 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing real estate companies in the world, has expanded into Brazil, under the eXp Brazil banner.
  • eXp Realtys worldwide expansion is being led by Michael Valdes, President of eXp Global, an international real estate veteran with experience opening markets around the world.
  • Brazil boasts the eighth largest economy in the world by purchasing power, with 213 million people and a thriving real estate market that lends well to the eXp model.
  • eXp Brazil arrives in a moment of recovery for the real estate market in the country, with favorable forecasts and programmed growth, says Assis.

More than 15.5 Million Affluent Households across the Globe are in the Market for Residential Real Estate over Next Three Years, According to a Study by Luxury Portfolio International (LPI)

Retrieved on: 
Wednesday, February 17, 2021
Luxury, Other Construction & Property, Retail, Residential Building & Real Estate, Construction & Property, Brand management, Goods, Luxury goods, Luxury, Real estate appraisal, International real estate, Economy

The just-released study, State of Luxury Real Estate, focused on consumers in the top 1%-5% income bracket of 17 countries, representing more than 30 million households.

Key Points: 
  • The just-released study, State of Luxury Real Estate, focused on consumers in the top 1%-5% income bracket of 17 countries, representing more than 30 million households.
  • The more than five-million-home gap between those interested in purchasing and those interested in selling creates a sellers market within the overall high-end residential real estate market.
  • Highlights from State of Luxury Real Estate include:
    While real estate prices vary dramatically from country to country, a viable luxury threshold is homes in excess of US $1 million.
  • It is clear that affluent residential real estate buyers see opportunities within their respective markets, said Mickey Alam Khan, president of Luxury Portfolio International.

United Country Real Estate Records Epic Sales in 2020

Retrieved on: 
Tuesday, February 9, 2021
Real estate, United Country Real Estate, Graduate real estate education in the United States, International real estate

The explosive growth in 2020 was seen by United Country agents in every part of the country.

Key Points: 
  • The explosive growth in 2020 was seen by United Country agents in every part of the country.
  • United Country Real Estate is the leader in lifestyle and country real estate in rural areas, small towns and mid-sized cities.
  • United Country Real Estate is the leader in lifestyle and country real estate serving vacation and retirement markets, rural areas, towns and smaller cities nationally.
  • United Country has a combined network that supports more than 500 offices and 5,000 real estate professionals, with a unique, comprehensive marketing program.

Adapt International Convention Announces 280 Speakers, 200,000 Attendees

Retrieved on: 
Thursday, November 5, 2020
Articles, Business, Economy, Juwai.com, Kuala Lumpur, International real estate, Entrepreneurship, Juwai IQI

KUALA LUMPUR, Malaysia, Nov. 5, 2020 /PRNewswire-PRWeb/ --The Adapt International Convention 2020 has confirmed that more than 280 speakers and 200,000 registered attendees are set for four days of technology, entrepreneurship and self development sessions in the virtual live conference, which will run from 18 to 21 November.

Key Points: 
  • KUALA LUMPUR, Malaysia, Nov. 5, 2020 /PRNewswire-PRWeb/ --The Adapt International Convention 2020 has confirmed that more than 280 speakers and 200,000 registered attendees are set for four days of technology, entrepreneurship and self development sessions in the virtual live conference, which will run from 18 to 21 November.
  • IQI Global Group CEO Kashif Ansari said:
    "With so many speakers and attendees and presentations in 35 languages, the Adapt International Convention 2020 is an enormous collaborative effort and logistical challenge.
  • The Adapt International Convention 2020 is one way we hope to give back to the Asian tech and entrepreneurship community that has given us so much."
  • The marketplaces are Juwai.com, the number one Chinese international real estate portal; and Juwai.asia, the first Asian portal for global property.

Third Avenue Management Expands Real Estate Platform

Retrieved on: 
Friday, October 30, 2020
Professional services, Other Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Finance, Money, Articles, Investment, Real assets, International real estate, Private equity real estate, Apollo Global Management, Quentin Velleley, CFA, Third Avenue Management

Third Avenue Management LLC (Third Avenue or the Firm), a U.S.-based investment advisor, announced today that it has entered into an agreement with Real Estate Management Services Group, LLC (REMS) to add the REMS International Real Estate Value-Opportunity Fund (NASDAQ:REIFX) (REIFX) to the Third Avenue Fund lineup.

Key Points: 
  • Third Avenue Management LLC (Third Avenue or the Firm), a U.S.-based investment advisor, announced today that it has entered into an agreement with Real Estate Management Services Group, LLC (REMS) to add the REMS International Real Estate Value-Opportunity Fund (NASDAQ:REIFX) (REIFX) to the Third Avenue Fund lineup.
  • Upon completion, REIFX will be renamed the Third Avenue International Real Estate Value Fund and accompany the Firms current Real Estate strategies, including the Third Avenue Real Estate Value Fund (NASDAQ:TAREX) and the GemCap Third Avenue Real Estate Value Fund UCITS.
  • We also expect to realize key benefits for REIFX shareholders, as well as Third Avenue Real Estate Value Fund investors, with an expanded set of resources dedicated to the substantial opportunities in the securities of real estate and real asset businesses internationally.
  • Mr. Velleley has been Executive Vice President and Chief Investment Officer at Real Estate Management Group with broad experience in both US and International real estate securities.

International home sales add $6.6 billion to the Texas economy from 2019-2020

Retrieved on: 
Monday, October 12, 2020
Country subdivisions, United States, National Association of Realtors, Economy of Texas, Texas, Real estate, International real estate

AUSTIN, Texas, Oct. 12, 2020 /PRNewswire/ --International home sales added $6.6 billion to the Texas economy from April 2019 to March 2020, according to the Texas International Homebuyers Report released today by Texas Realtors.

Key Points: 
  • AUSTIN, Texas, Oct. 12, 2020 /PRNewswire/ --International home sales added $6.6 billion to the Texas economy from April 2019 to March 2020, according to the Texas International Homebuyers Report released today by Texas Realtors.
  • Texas accounted for 9% of all homes purchased by international homebuyers in the United States, with 13,860 home sales out of 154,000 nationwide.
  • "Texas continues to enjoy strong international real estate sales activity.From relocations to commercial or residential, foreign buyers choose Texas because of our resilient economy, job availability, investment opportunities and friendly business climate," said Cindi Bulla, chairman of Texas Realtors.
  • The Texas International Homebuyers Report is based on survey data from the 2020 International Transactions in U.S.

DGAP-News: ADLER Real Estate AG: ADLER agrees disposal of 5,000 residential assets above book value

Retrieved on: 
Friday, September 18, 2020
Globalization, International real estate, Real estate industry, Adler, Industries

Berlin, 18 September 2020 - Adler Real Estate AG (ADLER) today entered into a binding sale and purchase agreement with a major international real estate investor, to dispose of 5,064 residential and commercial units at a premium to book value as of H1 2020, further demonstrating the resilience of the German residential real estate market at a time of heightened macroeconomic uncertainty.

Key Points: 
  • Berlin, 18 September 2020 - Adler Real Estate AG (ADLER) today entered into a binding sale and purchase agreement with a major international real estate investor, to dispose of 5,064 residential and commercial units at a premium to book value as of H1 2020, further demonstrating the resilience of the German residential real estate market at a time of heightened macroeconomic uncertainty.
  • The properties are primarily located in Lower Saxony, North Rhine Westphalia and Rhineland-Palatinate.
  • The units generate net rental income of EUR 18.6m pa and have a 12% vacancy rate with an average rent of 5.46 EUR/sqm/month.
  • As such, ADLER will be exiting 34 of cities through the transaction as it looks to refocus its portfolio.