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Real Estate

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Nomura hires auditor

Nomura Real Estate has announced personnel changes. Two auditors retired, while a new one was hired. The announcement was made at a recent board meeting. Naruse Masaya (鳴瀬 雅也) and Fujitani Shigeki (藤谷 茂樹) retired while Takayama Ning ((高山 寧) was recruited as a new...

58.com CEO offers update on N+ platform

“N+” — the open platform hub for real estate agents and property developers launched by classified horizontal 58.com (NYSE: WUBA) and its property listings subsidiary Anjuke in January — has been making solid progress. This is according to...

Zap starts offering loans

Latin America’s leading real state classified group by revenue Grupo Zap has created a new revenue stream by offering loans in collaboration with Santander Bank, VP of new business Ernani Assis told the AIM Group. Grupo Zap will receive a commission on loan...

Ziroom nets fresh funding

Chinese rental property provider Ziroom is reportedly completing a $500 million series B funding round, led by existing investor New York-based General Atlantic, according to a report in Mingtiandi.com. The funding — along with a similarly sized round for rival...

Fang’s slide continues in Q1

Floundering Chinese property site Fang.com (NYSE: SFUN) is continuing its free fall in 2019. Fang reported total revenues of $51.9 million U.S. in Q1 2019 — a 20 percent year-over-year decrease. Operating loss for the quarter was $2 million U.S. Fang’s...

SRE Holdings offers consultancy for predictive analysis

Tokyo-based SRE Holdings (formerly Sony Real Estate) has introduced consultancy and support services which include the use of its predictive analysis tool for hyper-targeted marketing in the real estate sector. The company operates the c-to-c property...