July 24, 2024

Russian tourists on Phuket beach amidst local concerns

Phuket: The New Luxurious Haven for Wealthy Russians Amidst War, Sparking Local Concerns

Phuket has become a luxurious new playground for rich Russians fleeing Vladimir Putin's war, but some locals aren't happy. An influx of Russians is transforming the holiday island, driving up property prices and fueling local resentment over the flow of money into the country. Key Takeaways Phuket is experiencing a surge in Russian tourists and property buyers. Property prices and rental rates have...

Luxurious Phuket beachfront properties at sunset aerial view.

Exploring the Best Phuket Real Estate for Sale: A Comprehensive Guide

Phuket, a gem in Thailand's crown, offers more than just stunning beaches and clear waters. Its real estate market is bustling with opportunities for both investors and homebuyers. This guide aims to walk you through the best options available, helping you make an informed decision. Key Takeaways Phuket's real estate market is vibrant and full of opportunities. Top neighbourhoods include Patong Beach, Kata...

Business handshake with financial charts and investment graphics

ALLY-RANGE Makes Strategic Investment in iBorrow, Expanding Credit Reach

Overview ALLY Global Management ("ALLY") and Range Real Estate Partners ("RANGE") have made a strategic investment in iBorrow, a private real estate lender based in Los Angeles. This move aims to capitalize on the current market conditions and expand their credit offerings. Key Takeaways Strategic Investment: ALLY and RANGE have invested in iBorrow through the ALLY USA Real Estate Fund...

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