Miami, London, Nairobi and Jakarta Buck Global Price Trend as Value of Prime Residential Property in World’s Key Cities Dip in Q1

South Beach, Miami According to London-based real estate consulting firm Knight Frank, the value of prime property in the world’s key cities fell by 0.4% in the first quarter of 2012. This represents the index’s first quarterly fall since the depths of the global recession
Read More

New York City Remains World’s Most Expensive Retail Destination in 3Q

Raymond Torto Based on new research from CBRE Group, New York City remains the world’s most expensive shopping destination as retailers focus on the major fashion capitals, but as the Eurozone crisis continues to impact consumer confidence; rents have leveled off in all global r
Read More