Real Estate

London leads office market bouce-back across world´s financial centres

London’s office market was hit hard and early by the global financial crisis, but in comparison with other leading financial centres, it has been among the first to bounce back, according to the latest research from the leading commercial property...

Santander gives first-time buyers new hope

Rebecca O’Connor The Times 24.02.2010
Santander gives first-time buyers new hope

Santander will today open its doors to first-time buyers of new-build property for the first time since the banking crisis began.


UK real estate industry disappointed with results of year long study into estate agents

Home buyers and sellers urgently need an alternative to traditional estate agents to shake up the sector and ensure better value, according to a new report.

Mortgage lending hits an eight year low

Financial Advice 24.02.2010
Mortgage lending hits an eight year low

Mortgage lending in the UK hit an eight year low in January amid signs that the recovery in the UK property market may well be veering off course. This comes at a time when hopes have been high that the corner had been turned and the property mark...


Barclays is one of the cheapest lenders with interest of just 2.5 per cent

It’s wake-up time for more than two million borrowers who put remortgaging on hold while standard variable interest rates were at rock bottom levels.

Holiday property sales prove sluggish

Hu Yuanyuan China Daily 23.02.2010
Despite slow property sales during the Spring Festival, customer sentiment has undergone subtle changes over last year. [China Daily]

Home sales in major cities contracted while property prices remained stable during the Spring Festival holiday as buyers and property developers wait for more policy clues from the upcoming sessions of the nation's legislature and advisory body.


Beijing property prices predicted to be steady in 2010, according to analysts

Residential property prices in Beijing are expected to maintain a steady course during 2010 and the city’s mayor has promised not to use administrative measures to intervene in the market.

Commercial real estate roundup

Paula C. Squires Biz Journals 23.02.2010
Commercial real estate roundup

WASHINGTON, D.C — The American Health Lawyers Association (AHLA) will leave its office on Connecticut Avenue NW and return to an early commercial location on Eye Street NW. The association signed a 10-year, 11,000-square-foot lease for the sixth f...


CBRE scoops up East End’s Mass Court

Washington Business Journal 23.02.2010
Mass Court

Mass Court, a 371-unit apartment complex in the East End, has traded to CB Richard Ellis Investors.

Great deals in real estate: Why they won't last

Margaret Price csmonitor.com 23.02.2010
Some experts say that the time to buy real estate is now. They say interest rates will rise, federal assistance will soon end, and home prices are likely to rise.

Federal subsidies, low interest rates, and falling home prices have made real estate seem like a good deal recently. But that might not be the case for long.


Marriott to suspend timeshare developments

FractionalLife.com 23.02.2010
Marriott to suspend timeshare developments

Marriott International has said that due to lack of consumer interest it won’t be investing in new timeshare developments in the near future.

Hong Kong Land Sale Raises Worry of a Bubble

JONATHAN CHENG And ARIES POON The Wall Street Journal 23.02.2010
Sun Hung Kai Properties agreed to pay US$434 million for a site in Hong Kong's suburbs. Here, a rendering of Sun Hung's Yoho Midtown development.

HONG KONG—Strong results in a Hong Kong government land auction are the latest sign that the city's real-estate market is surging higher after a brief lull, as government officials here and elsewhere in the region grapple with how to cool off over...


Record number of US real estate loans overdue or in foreclosure, latest data shows

A record proportion of US property loans were in foreclosure or at least one payment behind in the fourth quarter of 2009, according to industry data showing the fragile state of the recovery in the real estate market.

ERA Ireland announce deal with Globrix

http://www.independent.ie/business/commercial-property/era-ireland-announce-deal-with-globrix-207400 Independent 23.02.2010
ERA Ireland announce deal with Globrix

ERA Ireland announce a deal that sees all 4,500 ERA Ireland properties for sale and to let now featuring on the www.globrix.ie property search portal.


New builds bounce back as trio of homes prepare for the market

THE last couple of years have been hard on the property market, and the recent data showing signs that there is an improvement is welcome, and nowhere more so than in the new build sector, where investment has been slow, progress minimal and the n...

Travelodge to spend £61m on 10 new hotels in UK

Janet Harmer caterersearch.com 23.02.2010
Travelodge to spend £61m on 10 new hotels in UK

Travelodge has announced the development of 10 new hotels, at an investment value of £61m.


Government crackdown on £2,000 a week housing benefit

The Government has vowed to crackdown on excessive housing benefit payments in London, with Yvette Cooper the Work and Pensions today announcing plans to cap the practice of families renting out homes in London's most luxurious postcodes costing t...

Is your estate agent taking 'bribes' from your lawyer?

SEBASTIAN O KELLY Daily Mail 23.02.2010
Bribes: Law firms are paying fees of nearly £300 to win work from rivals, resulting in commercially-motivated advice paid for by unwitting buyers and sellers

Scandal of legal firms paying £300 fees to pick up work - then heaping the cost on buyers.


U.K. Home Loans Plummet To Lowest Level In Ten Years

UK home loans in January were at their lowest point in a decade, following a surge of borrowing in advance of stamp duty changes, and complicated by impending election concerns. Lagging housing starts and completions dampen the outlook for the nea...

Banks hit Multiplex investor payments

Anne Gibson NZ Herald 22.02.2010
The ASB Bank Centre in Auckland.

Banks banned a $701 million property fund from paying investors and its manager.



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