International

  • Australian companies Crown Residences at Barangaroo, Ironfish, ArchiStar and BC Securities were four of the most notable among the 20 of the world’s very best China-focused real estate marketers who were named as winners of the Global Chinese Choice Award by Juwai.com at a gala black-tie dinner event in Shanghai on Wednesday, 5 December. The awards presentation followed four months…

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  • Airbnb has announced they will begin building their own prototype homes in 2019 through a new project called Backyard. The short-term letting platform, which arguably kicked off the self-managed short-term letting craze, already has a global network of more than five million properties and is estimated to be worth approximately $38 billion. According to a press release, Backyard will be…

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  • Greg Paramor AO will join the Board of Directors of Juwai.com as a non-executive director from 1 December 2018. Mr Paramor has been involved in the real estate and funds management industry for more than 40 years. He is former CEO of Mirvac Group, past president of both the Property Council of Australia and the Investment Funds Association, a board member of…

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  • Harcourts International has named Rob Forde as Chief Operating Officer International. Mr Forde will be responsible for leading operations and driving growth in six Harcourts territories – USA, China, Hong Kong, Canada, South Africa and Indonesia – as well as taking responsibility for Harcourts’ financial services business, Mortgage Express. Mr Forde takes on this new role and joins the international leadership…

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    realestate.com.au has launched Travel, a new vertical as part of its popular Lifestyle content experience. Travel joins the five existing Lifestyle categories – Renovating, Indoor Style, Outdoor Living, Organising & Cleaning and Dream Homes – to provide Australians with a truly ‘one stop shop’ for all their inspiration and insights needs on realestate.com.au. To celebrate the launch of Travel, realestate.com.au has…

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  • This week is Golden Week – a holiday week for the Chinese where it used to be all about travel, and in Australia, property. But not for the last couple of years according to Juwai.com CEO Carrie Law. Ms Law says that the balloon has definitely deflated over the past three Golden Weeks, and while they still see some transactions, it’s not…

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  • UBS Global Wealth Management’s Chief Investment Office have released The UBS Global Real Estate Bubble Index 2018, indicating ‘Bubble risk’ or a significant overvaluation of housing markets in most major developed market financial centres. According to the report, ‘Bubble risk’ appears greatest in Hong Kong, followed by Munich, Toronto, Vancouver, London and Amsterdam. The study has also found imbalances in Stockholm,…

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  • Realogy Holdings Corp (NYSE: RLGY) announced a partnership with Home Partners of America’s subsidiary, cataLIST, to offer a ‘quick-sale’ program via NRT’s Coldwell Banker brand in selected markets in the USA. This would allow their agents access to a similar model to compete with iBuyer or ‘quick sale’ programs already in the market. Through the cataLIST Program, an owner of a…

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    Harcourts South Africa has partnered with The Global Challenge – an international professional women’s golf team event – where nine players selected to represent the Northern Hemisphere will be teeing up against their counterparts from the Southern Hemisphere. The event is set to be hosted for the second time from 9-11 November in Hermanus, South Africa. For the first time…

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  • KUNGFU.AI US-based artificial intelligence services company, and Keller Williams (KW), one of the world’s largest real estate companies by agent count, have announced a partnership to together build a robust new real estate contract-reading skill for Kelle, a proprietary artificial intelligence-based personal assistant for KW agents. Launched in mid-February 2018, Kelle has more than 97,000 monthly active users and the Kelle…

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    The world’s top real estate developers and agents are vying for recognition in the Chinese market via the first-annual Juwai Global Chinese Choice Awards. Juwai.com is the No. 1 Chinese international property portal and international property partner to both Tencent and JD.com. “China is the cutting edge for property marketing worldwide. Excellence in China-focused international property development and services deserves…

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    US-based platform Zillow has debuted a system which will allow renters to find, apply for and pay for rentals online. The system will be rolled out across the company’s three platforms – Zillow, Trulia and HotPads – but not New York-based StreetEasy. “Renters tell us they want the entire rental process to happen online, from search to application to payment.…

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  • According to a new Juwai.com report the world will see fewer new foreign buyer restrictions imposed in top Chinese property destinations in the year ahead than in any of the prior three years. The Foreign Buyer Restrictions Report 2018-19 points out that Canada’s two largest provinces, six of Australia’s eight states and territories, and Australia’s national government have all increased…

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  • Leading Australian property group Raine & Horne is escalating its worldwide expansion with the opening of a third office in Fiji in less than 12 months. Raine & Horne Fiji directors, CJ Shergill, Sanjay Krishnan and Aveet Goundar, launched offices in Lautoka and Nadi in July 2017. “Since joining the network, the Fiji team have gone from strength to strength…

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