ReleaseWire Connect

Banyan Tree Holdings have raised US$214 million through their private equity fund, the Banyan Tree China Hospitality Fund. Stating their intention to develop hospitality projects in China and Vietnam under the Angsana and Banyan Tree brands.

A survey released last week by Savills PLC reported that Hong Kong residential real estate is the most expensive in the world.

Katie Price, ex-glamour model known as Jordan is selling their £3 million (US$ 4.85 million) home she shared with her cage fighter, mixed martial artist husband, Alex Reid.

China is constructing the second largest free trade centre in Asia. Costing an estimated US$1.5 billion the free trade zone will help traders re-export Chinese goods from Thailand, avoiding pricey tariffs.

The star of the Oxo British TV commercials, Linda Bellingham, has been linked to the Royal Resorts, Paradise Bay property scam in Akbuk, Turkey.

The Ascott, has announced plans to invest in 12 new properties across Europe and Asia by the end of 2011. The Ascott, one of the largest serviced residence companies in the world, the new properties will be located in China, India and Qatar.

As the British Pound and Euro remain weak, and with European property prices at levels well below their 2007 highs, Chinese investors are continuing to buy up property in some of the most sought after locations in Europe.

Donald Trump has announced plans for his privately owned real estate and entertainment company, Trump Organisation, to enter the Indian property market. Starting with the building of Trump Tower in Mumbai, India.

Formula One supremo and CEO Bernie Ecclestone has just bought two London property for his daughters, paying a total of £101 million for the luxury homes in London's Chelsea and Kensington areas.

This week Facebook CEO and creator Mark Zuckerberg moves to his new home. He's moved only a few blocks away to rent a slightly bigger albeit modest home.