Updated : Tue, 07 Feb 2012 13:15:27 GMT
Self storage company Safestore reports a fall in pre-tax profits but groups is helped by a strong house rental market
Publ.Date : Thu, 26 Jan 2012 17:07:54 GMT
The US pharmaceutical company has agreed to maintain 650 employees on its flagship centre which has been operating since the 1950s
Publ.Date : Fri, 27 Jan 2012 23:53:36 GMT
Purchases come as sovereign wealth funds and cash-rich individuals seek stable assets amid the uncertainty in the global financial markets
Publ.Date : Wed, 01 Feb 2012 23:57:58 GMT
Data show the so-called ‘London effect’, whereby residential properties in the capital defy weakness elsewhere, is down to rising prices in a handful of areas
Publ.Date : Fri, 27 Jan 2012 20:02:21 GMT
The Irish property company is challenging a decision on assets linked to €2bn in loans aquired by the National Asset management Agency
Publ.Date : Thu, 26 Jan 2012 20:47:45 GMT
UK house prices slipped in January according to a closely watched index, building a picture of sluggish house price growth overall
Publ.Date : Wed, 01 Feb 2012 09:44:29 GMT
British Land has announced an agreement to develop a 700,000 sq ft building to be the Swiss bank’s European headquarters
Publ.Date : Mon, 30 Jan 2012 17:00:49 GMT
Bank of America, Wells Fargo and JPMorgan Chase offered help to the state’s borrowers to settle allegations of mortgage-related misdeeds
Publ.Date : Fri, 27 Jan 2012 01:49:23 GMT
Greece will struggle to meet its target for assets sales even by the delayed deadline of 2017, according to the country’s privatisation adviser
Publ.Date : Mon, 30 Jan 2012 19:43:11 GMT
Should property indices use a national average?
Publ.Date : Mon, 06 Feb 2012 18:00:06 GMT
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Updated :
Should property indices use a national average?
Publ.Date : Mon, 06 Feb 2012 18:00:06 GMT
Bank of America, Wells Fargo and JPMorgan Chase offered help to the state’s borrowers to settle allegations of mortgage-related misdeeds
Publ.Date : Fri, 27 Jan 2012 01:49:23 GMT
Greece will struggle to meet its target for assets sales even by the delayed deadline of 2017, according to the country’s privatisation adviser
Publ.Date : Mon, 30 Jan 2012 19:43:11 GMT
The number of sales of existing homes taking place in the US increased in December compared to November, the latest figures show. Research conducted by the National Association of Realtors (NAR) found the volume of such transactions climbed by five per cent between the final two months of 2011. This was the third consecutive month of rises in the US residential property market, while the number of deals climbed by 1.7 per cent over the course of last year, compared to 2010. NAR chief economist Lawrence Yun stated: "The pattern of home sales in recent months demonstrates a market in recovery. Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market." He added a reduction in the level of housing stock available indicates prices in many regions are likely to stabilise or grow over the course of 2012. At the end of December, the NAR revealed pending home sales in the country had reached their highest level since April 2010.
Publ.Date : Tue, 24 Jan 2012 00:00:00 GMT
There are indications that now may be a good time to buy real estate in the US, with signs that the market in some parts of the nation is improving. Liz Rowlinson, editor of A Place in the Sun magazine, said there is anecdotal evidence that real estate sectors in destinations such as Florida are recovering. "Good properties are being sought by more than one buyer and that is a healthy sign. It does definitely seem as if it is a situation to buy in 2012," she asserted. Ms Rowlinson added the most popular areas of Florida for British purchasers are around Orlando, as well as Naples, Tampa and Sarasota. The National Association of Realtors (NAR) released data earlier this week showing the number of existing home sales in the US increased in December for the third consecutive month. According to the NAR, there was a five per cent rise in the volume of transactions completed in December, compared to November.
Publ.Date : Thu, 26 Jan 2012 00:00:00 GMT
Owners of property in Spain are likely to be encouraged by the rising tourist numbers recorded in the country. This is the opinion of Marc Pritchard, sales and marketing manager at Taylor Wimpey de Espana, who noted that even more people are expected to holiday in the nation during 2012 than in 2011. He highlighted figures from the Spanish airport authority, which revealed 500,000 more passengers passed through Alicante last year compared with 2010, while there has been a 15 per cent rise in the number of requests for flight slots at the Costa Blanca hub. Mr Pritchard commented such data is "great news for Spanish tourism and property markets this year". Those considering purchasing real estate in Spain may want to take note of the latest report published by Tinsa. In its December General IMIE Index of house prices, the organisation revealed the value of properties on the country's Mediterranean coast - which includes the Costa Blanca - fell by 7.1 per cent year-on-year. This may encourage investors to make a purchase while the market is low.
Publ.Date : Wed, 25 Jan 2012 00:00:00 GMT
The value of homes in South Africa climbed in December compared to a year earlier, it has been revealed. Figures from the latest oobarometer - a measure of the performance of the South African property market by mortgage originator ooba - showed house prices increased by 6.2 per cent year-on-year last month. A rise of 3.6 per cent was also recorded between November and December in 2011, the firm noted. However, chief executive officer of the organisation Saul Geffen does not expect there to be significant increases in house prices this year. "With the interest rate anticipated to remain low in 2012, and with property prices remaining depressed, the current market represents a favourable environment for buyers," he stated. Earlier this month, home loan strategist for First National Bank John Loos predicted the residential real estate sector in South Africa would remain flat over the next 12 months. He cited "strong supply relative to demand and a mediocre economic performance" as the main factors that are likely to hold the market back.
Publ.Date : Tue, 24 Jan 2012 00:00:00 GMT
UK house prices slipped in January according to a closely watched index, building a picture of sluggish house price growth overall
Publ.Date : Wed, 01 Feb 2012 09:44:29 GMT
British Land has announced an agreement to develop a 700,000 sq ft building to be the Swiss bank’s European headquarters
Publ.Date : Mon, 30 Jan 2012 17:00:49 GMT
Brits who have moved to Spain are the happiest expatriates (expats), according to a new survey. The research, carried out by Lloyds TSB International and published by The Telegraph, revealed that 75.9 per cent of those questioned said they were happier living in Spain than they had been in the UK. On average, 68 per cent of expats claimed they were more content when residing abroad than they were in Britain. John Kramer, an expat living in Andalucia, told the news provider Spain offers an "outdoor lifestyle, traditional family values and positive outlook on life". Those considering purchasing a property in Spain with the intention of moving to the nation may be encouraged by the findings of this study. A Place in the Sun magazine recently revealed the country remains the top choice for Brits looking to buy real estate overseas. The publication quizzed visitors at two of its live exhibitions and found Spain was a more popular option than other favourites such as France, Portugal, Italy and the USA.
Publ.Date : Mon, 23 Jan 2012 00:00:00 GMT
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