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- 18 Jun 2013 | 7:00 pm Benson and XLB exchange on Ealing Cross Benson and XLB exchange on Ealing Cross Benson Elliot and XLB Property have exchanged to buy a 135,000 sq ft office building in Ealing, west London, from Standard Life Investments for £37.7m. Source: Property Week - Finance & recovery Created on: 18 Jun 2013 | 7:00 pm
- 18 Jun 2013 | 4:34 pm £72m property mandates for DTZ parent company £72m property mandates for DTZ parent company DTZ’s parent company, UGL, has been awarded new global property services mandates totalling £72m. Source: Property Week - Finance & recovery Created on: 18 Jun 2013 | 4:34 pm
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18 Jun 2013 | 9:53 am
Property sales in Canada stable and prices set to rise
Property sales in Canada stable and prices set to rise
Property sales in Canada stable and prices set to rise
Job market trends and low interest rates are supporting the housing sector in Canada with sales remaining stable and prices predicted to rise this year and next. The latest data from the Canadian Real Estate Association (CREA) shows that residential property sales increased by 3.6% last month – prices are also rising, up 3.7% year on year.
The CREA report says that national sales activity has held fairly stable since it moderated last August in the wake of changes to mortgage lending rules and guidelines. Although sales in the first[…]
Source: Property Community
Created on: 18 Jun 2013 | 9:53 am
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17 Jun 2013 | 10:36 am
UK rental property demand expected to stay high in 2013
UK rental property demand expected to stay high in 2013
UK rental property demand expected to stay high in 2013
A rising demand for rental properties in the UK, especially in London, is likely to continue for some time with the main threat to the sector the rise of assisted mortgage schemes. Also, the appetite for investing in residential property is the strongest it has been for decades, according to the research from Hometrack which has found that this appetite is translating into a growing volume of deals.
This is not just new investment in fully let private rental portfolios but also sale and leasebacks and even stakes in private[…]
Source: Property Community
Created on: 17 Jun 2013 | 10:36 am
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14 Jun 2013 | 9:45 am
More overseas buyers investing in homes in Italy
More overseas buyers investing in homes in Italy
More overseas buyers investing in homes in Italy
Italian property is still popular with overseas buyers with real estate investors from Russia, the UK, Germany and Scandinavia looking for second homes. According to the Scenari Immobiliari research institute, second home sales to overseas buyers increased 14% in 2012 suggesting a growing number of international purchasers have been willing to make the trade off between currency swings and sliding property prices in recent years.
However, they have competition for property in very popular spots such as Liguria and Venice where Italians also like buying holiday homes, according to the latest report[…]
Source: Property Community
Created on: 14 Jun 2013 | 9:45 am
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13 Jun 2013 | 12:54 pm
Spain’s high end property market set to benefit from new visa in January 2014
Spain’s high end property market set to benefit from new visa in January 2014
Spain’s high end property market set to benefit from new visa in January 2014
Spain’s new visa for non-Europeans buying property worth over €500,000 is set to spark huge interest from wealthy overseas buyers, it is claimed. The Spanish government has confirmed that from the 1 January 2014 those from outside the European Union buying property in that price range anywhere in the country will be granted a residency visa.
It is thought the package will be particularly attractive to Russian, Middle Eastern and Chinese buyers. Michael Lovett, managing director of agency Fine & Country Spain, believes the law will[…]
Source: Property Community
Created on: 13 Jun 2013 | 12:54 pm
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12 Jun 2013 | 10:33 am
Property sales in New Zealand reach highest monthly level since 2007
Property sales in New Zealand reach highest monthly level since 2007
Property sales in New Zealand reach highest monthly level since 2007
Last month sales of residential property in New Zealand increased by 7.5%, their highest level for the month of May since 2007, the latest data from the Real Estate Institute of New Zealand shows. The data also shows that the national median price increased $1,500 compared to April and remains just $8,000 below the record median set in March 2013.
Helen O’Sullivan, chief executive of REINZ, said that price levels in Auckland and Canterbury are continuing to have a major impact on the national picture. Auckland recorded the largest[…]
Source: Property Community
Created on: 12 Jun 2013 | 10:33 am
- 7 Jun 2013 | 7:00 pm Money Insider: Are mortgage rates close to bottoming out? Get a fix... but check the cost Money Insider: Are mortgage rates close to bottoming out? Get a fix... but check the cost There's no let-up in the quest for new mortgage business, with lenders scrapping harder than ever for best buy recognition since the Funding for Lending Scheme (FLS) came into play. Source: - Mortgages RSS Feed Created on: 7 Jun 2013 | 7:00 pm









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