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Ultra Luxury Home Sales Globally Experience Slowdown in Q3

Ultra Luxury Home Sales Globally Experience Slowdown in Q3

Based on Knight Frank's newly released Global Super-Prime Intelligence Report, a slowdown in luxury residential sales of properties priced over $10 million occurred across 12 major global cities during the three months leading up to September 2024.

The World's First 'Global Listings Service' Announced

Miami-based WORLD PROPERTY MARKETS founder and CEO Michael Gerrity announced plans this week to launch in mid-2025 the world's first global, AI-powered and consumer-facing MLS platform called GLOBAL LISTINGS.

Asia Pacific Hotel Investment to Exceed $12 Billion in 2024

According to new data by JLL, full year Asia Pacific hotel investment volumes in 2024 are anticipated to grow by 4.3% over 2023, which totaled $11.7 billion.

Asia Pacific Hotel Investment Tops $12 Billion in 2024

Asia Pacific hotel investments are projected to reach $12.2 billion in 2024, driven by increased investment activity, a favorable interest rate environment, and positive macro and microeconomic trends.

Global Edge Data Center Market to Hit $300 Billion by 2026

Real estate consulting firm JLL predicts a significant increase in data-dependent technologies like the Internet of Things (IoT) and generative artificial intelligence (AI) will drive the need for robust IT infrastructure, particularly in the form of edge data centers.

Developer Spotlight

Australia Property News

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Global Edge Data Center Market to Hit $300 Billion by 2026

Posted on August 13, 2024
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Global Home Price Growth Accelerates in 2024

Posted on July 12, 2024
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Major Hotel Operators Expanding Rapidly Across Asia Pacific in 2024

Posted on June 27, 2024
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Asia Pacific Office Sector to Further Reprice Throughout 2024

Posted on June 04, 2024
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South Korea is Asia Pacific's Top Performing Hotel Market

Posted on May 21, 2024
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Manila is World's Top Housing Market for Price Appreciation in Early 2024

Posted on May 13, 2024
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Asia Pacific Commercial Property Investment Leads the World, Spikes 13 Percent

Posted on May 03, 2024
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Super Luxury Home Sales Spike 11 Percent Worldwide in Q4

Posted on March 21, 2024
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Asia Pacific Commercial Property Investment Upticks 3 Percent in Q4

Posted on January 30, 2024
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Japan is Top Cross Border Commercial Property Investment Target in 2024

Posted on January 19, 2024
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Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin

Posted on January 05, 2024
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2024 Elections Rank as Biggest Potential Risk to Luxury Housing Markets Worldwide

Posted on December 08, 2023
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Worldwide Ultra Luxury Home Sales Dip in Q3

Posted on December 01, 2023
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Asia Pacific Commercial Investment Dives 22 Percent in Q3

Posted on November 20, 2023
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Global Commercial Investment Implodes 51 Percent Annually in Q3

Posted on November 13, 2023
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Electric Vehicle Public Charging Stations in Asia Pacific Will Reach Ten Million by 2030

Posted on October 31, 2023
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Investment in Asia Pacific Multifamily Properties to Double by 2030

Posted on October 17, 2023
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Global Home Price Growth Further Slows in Mid-2023

Posted on October 13, 2023

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