Ocean Villas Group Pte. Ltd

A couple from Dawlish, England who bought a house just 18 months ago for £1,700,000 say the value has plummeted to an estimated £1,100,000 along with their garden, as their home crashes into the sea below.

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 nuclear bunker, located just fifty miles from Edinburgh and Glasgow in Scotland, has been put on the property market by its owners, Comrie Development Trust.

Actor Johnny Depp has bought the Palazzo Donà Sangiantoffetti Palace in Venice, Italy. The actor, whose recent films include The Tourist bought the property for a reported US$ 13.8 million.

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

According to an announcement by the property developer Dubai Properties, The Tiger Woods Dubai, a US$1.1 billion golf course and property development, has been suspended indefinitely.

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 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.

Chinese investors are buying up property in some of the most sought after locations in Europe. As the British Pound and Euro remain weak and European real estate prices stay below 2007 highs.