International Property News Beat
- CapitaLand, Southeast Asia’s largest property developer beat analyst fourth-quarter profit expectations. [International Herald Tribune]
- South America Braces for Influx of European Property Investors [DW World]
- The old Soviet elites cash in on high real-estate prices in Moscow [International Herald Tribune]
- ABN Amro warns against open-ended vehicles set up to take advantage of the huge inflows into property funds [Citywire]
- Citigroup’s property unit raises US$1.29 billion for its first fund to invest in real estate and related assets in Asia Pacific, with a focus on China and India. [The Standard]
- Bulgarian property attracting pension funds and corporate investors [First Rung]
- Beckhams might be Buying Madonna’s Mansion [The Daily Dish]