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(Bloomberg) -- Japanese investors are spending the most in two decades to buy up properties overseas, undeterred by the global real estate slump and the yen’s decline to a 50-year low.
Murapol SA’s owner raised 404 million zloty ($101 million) in its initial public offering, as investors bet on the continued health of the Polish housing boom.
Two of London’s priciest mansions, on the market for a combined £475 million ($602 million), are struggling to sell as high interest rates and a tough tax environment curb investment.
On a chilly Thursday night in Dublin last month, the government and police were caught entirely off guard when violent riots broke out hours after a stabbing attack near a busy transit route in the city.
China’s weakening earnings are dashing hopes for a stock market rebound, with some investors bracing for more pain as the economic slump looks set to continue.
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