Real Estate

ERA Ireland announce deal with Globrix

http://www.independent.ie/business/commercial-property/era-ireland-announce-deal-with-globrix-207400 Independent 02/22/2010
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 02/22/2010
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 02/22/2010
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 02/21/2010
The ASB Bank Centre in Auckland.

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

NZ House & Garden Tours through decades of design

From modern seaside mansions to historic cottages, New York-style urban lofts to the Prime Minister’s official residence, some of New Zealand’s most captivating homes are opening their doors to the public.


New rules to curb property speculation

Joyce Teo The Straits Times 02/21/2010
New rules to curb property speculation

TOUGHER rules on bank loans and measures to rein in speculators take effect today, as the Government steps up moves to cool the sizzling property market.

More gentle therapy to cool the property fever

Kalpana Rashiwala The Business Times 02/21/2010
More gentle therapy to cool the property fever

THE government yesterday administered another measured dose to cool the resurgent property fever. While mild by themselves, the latest steps could foreshadow more severe therapy if the fever refuses to subside, said industry watchers. And this cou...


Best Western Allamanda Laguna Phuket Opens

etravelblackboardasia.com 02/21/2010
Best Western Allamanda Laguna Phuket Opens

Best Western International – The World’s Largest Hotel Chain - announces the opening of Best Western Allamanda Laguna Phuket, situated on beautiful Phuket’s Bang Tao Beach within the stunning environment of the Laguna Phuket integrated resort. It ...

Bangkok office market transactions top THB10 billion during 2009,

Capital transactions in the Bangkok office market totalled almost THB10 billion during 2009, despite both local and global difficulties.


Anglo Irish Bank appoints KPMG as receiver over certain UK properties

ANGLO IRISH Bank has appointed KPMG as receiver over certain properties in the UK in which its former director Tom Browne, has an interest.

Judgment mortgage registered over hotel

COLM KEENA The Irish Times 02/21/2010
The Brandon Hotel, Tralee: operated by a company owned by John Byrne and his family

A JUDGMENT mortgage has been registered against the company that operates the Brandon Hotel in Tralee, Co Kerry.


Investors fuel Midtown flats sale madness

Derek Yiu The Standard 02/21/2010
Investors fuel Midtown flats sale madness

Buyers snapped up around 900 flats at Yoho Midtown in Yuen Long within two days of its launch, raising the district record for split-floor homes to HK$11,000 per square foot.

Sun Hung Kai Sells Hong Kong Homes for HK$4.2 Billion (Update1)

Feb. 22 (Bloomberg) -- Sun Hung Kai Properties Ltd. sold a batch of 900 homes in Hong Kong for HK$4.2 billion ($540 million) at a new development over the weekend amid crowds of thousands, fueling speculation the city’s housing market is overheating.


Green projects proving worthy

TONY ILLIA LAS VEGAS BUSINESS PRESS 02/21/2010
KLVX-TV General Manager Tom Axtell, seen here on the station roof, has been impressed with the savings the station has achieved with solar panels and energy-efficient lighting.  BILL HUGHES/LAS VEGAS BUSINESS PRESS

Green building, the term coined to describe ecofriendly, sustainable construction, is spreading like wildfire. Government agencies and businesses are increasingly realizing green building's myriad benefits for worker recruitment and retention, pro...

Hope in store for U.S. retailers?

The Economist 02/21/2010
People move through New Park Mall, a General Growth Properties mall in Newark, Calif. Simon Property Group, the nation’s largest shopping mall owner, made a $10-billion hostile bid Tuesday to acquire ailing rival General Growth Properties. (AP photo)

$10-billion takeover bid by Simon Property Group for rival’s shopping malls indication that people are spending once again


US housing shortage predicted

The US could be heading for a national housing shortage this year despite the real estate sector struggling with healthy inventories, three million foreclosures, falling values, and rising vacancy rates, it is claimed.

PROPERTY MARKET: House prices and sales volumes both dropped slightly in January, according to a new report.

The New Zealand residential property market recovery is looking a little underwhelming according to a report by Mike Pero Mortgages.



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