Chinese Firms Are Investing Abroad at Fastest Pace in Eight Years
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
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China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve interest-rate cuts, and as a disappointing earnings release raised concern about the sector’s outlook.
Initial data on US gross domestic product for the first quarter of 2024 is set to confirm an ongoing economic boom amid a tailwind from surging immigration.
A South Florida office skyscraper from Related Cos. landed new finance tenants, including a John Paulson business and a private equity firm that counts Mark Bezos as a founding partner.
Nov 4, 2021
The Canadian Press
MONTREAL - The pace of home sales in Montreal in October fell 24 per cent compared with a record total for the month last year, while prices soared higher.
The Quebec Professional Association of Real Estate Brokers says sales in Montreal totalled 4,320 in October, down from 5,684 in October 2020.
The drop came as the median price of a single family home rose to $515,000 from $430,250 a year ago, while the median price for a condominium rose to $379,900 from $322,500.
The median price for plexes rose to $707,250 from $629,000 a year ago.
New listings for the month fell to 5,515 compared with 7,110 in the same month last year, while active listings totalled 11,195 compared with 14,074 in October 2020.
The association says the Montreal real estate market still shows signs of significant overheating and continues to experience a large proportion of sales for above the asking price.