Real Estate Report

One billionaire’s frustration can be another’s opportunity. After the Norwegian-born shipping baron John Fredriksen quit London, he declared “Britain has gone to hell”, but his departure has created the chance for someone to snap up his home. They’ll just need to have at least £250 million to spare to buy one of the capital’s most intriguing and desirable residences. Rather than merely shutter the Old Rectory, the 300-year-old Georgian manor, or hand it to one of his two daughters, Fredriksen,

Also in today’s edition: Softwood lumber and Genie Bouchard’s last tennis match

Retail sales rose 0.6% in June, topping forecasts and signaling strong consumer spending despite inflation and trade concerns.

Self storage shows signs of recovery as Midwest markets like Chicago lead in rent growth amid stabilizing national trends.

Fee disclosure laws are reshaping how multifamily landlords advertise rentals, pushing transparency across the housing market.

Architecture billings rose in May but remain in contraction, signaling continued caution in the US design and construction sector.

A red state city famed for its millionaire residents and celebrity allure is now an unlikely goldmine for investors - particularly for 'ugly' properties.