The Trump Organization— U.S. President Donald Trump’s family business—has announced a bold new chapter in its global real estate expansion, with major projects taking root in Eastern Europe, the Middle East, and Asia. The latest move brings the Trump brand to the heart of Romania, as Trump Tower Bucharest is set to rise in partnership with local developer SDC Imobiliare. According to
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A typical U.S. household earning the median income could afford a median-priced home just five years ago. That’s no longer the case in 2024. According to a new analysis from Zillow®, a buyer now needs to earn nearly $100,000 a year to comfortably afford a typical home priced at $367,969—assuming they’ve saved 20% for a down payment. For a median-income household, that
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Fresh data from the Landbank Analytics platform sheds light on residential property trends in Cyprus, based on sales contracts submitted to the Department of Lands and Surveys. The figures reveal divergent movements in the prices of newly built houses and apartments across the island in the first quarter of 2025. Nationwide, the average sale price for new apartments held steady year-on-year at
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Emaar Properties PJSC, one of the world’s most prominent real estate developers, has received a significant vote of confidence from global credit rating agencies S&P Global Ratings and Moody’s, both of which have upgraded the company’s long-term issuer ratings with stable outlooks. S&P lifted Emaar’s rating to BBB+ from BBB, while Moody’s moved its rating up to Baa1 from Baa2. The upgrades
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The Cypriot property market experienced a significant surge in May 2025, recording its highest monthly sales total since 2007. A total of 1,664 property sales contracts were deposited at the Land Registry offices, marking a 30% increase compared to May 2024, which saw 1,268 transactions. This robust performance encompasses a diverse range of properties, including residential, commercial, industrial, agricultural real estate, and
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In April 2025, Romanian authorities issued 3,140 construction permits for residential buildings, marking a modest 1.5% increase compared to March 2025, the National Institute of Statistics data showed. However, the year-on-year comparison paints a bleaker picture: a 12.2% decline from April 2024. The total useful floor area authorized in April stood at 659,764 square meters, down 7.3% from the previous month and
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Data from RE/MAX Greece reveals that the upward trend in Greek property prices persisted throughout 2024. The average sales price across the nation experienced a significant increase of 6.5% compared to 2023. This growth was consistent across all categories of properties, irrespective of their construction year, based on the extensive transaction data from Greece’s largest real estate network. A key indicator of
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Oman is poised for a real estate and hospitality boom, with nearly 62,800 new residential units and 5,800 hotel rooms expected by 2030, according to insights from leading advisory firm Cavendish Maxwell. Published during Oman Design and Build Week, the latest Oman Real Estate Market Performance Report highlights the country’s ongoing transformation in line with Vision 2040, a strategic plan to diversify
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The Central and Eastern European (CEE) office market experienced a slowdown in Q1 2025, with demand easing and few new projects delivered, according to data from Cushman & Wakefield Echinox. However, early signs of recovery are emerging as developers prepare for a wave of new deliveries in the coming years. Demand Eases, But Future Growth Anticipated In the first quarter of 2025,
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The year 2025 has started on a challenging note for the Greek construction sector, as recent data from the Hellenic Statistical Authority (ELSTAT) reveals a significant decline in building activity across the country. Key metrics, including the number of permits issued, surface area, and volume, have all seen substantial decreases, raising concerns about the near-term outlook for the industry. Steep Decline in
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