Landlords in London cherry pick tenants as competition in rental market grows fierce
The acute shortage of rental property in London is driving landlords to cherry pick tenants and in some cases ask for larger deposits, according to property consultants Cluttons.
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East European real estate markets showing signs of stabilisation, date shows
The residential real estate market in Poland is stable with some locations seeing modest price increases and other decreasing slightly, according to the latest index.
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Retail leads the recovery of the French commercial real estate market
French commercial real estate investment market has seen a 41% increase with €6.9 billion transacted in the first nine months of the year, according to a new report.
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Gulf construction sector hoping to gain from Qatar football World Cup
The announcement that Qatar is to host the 2022 FIFA football World Cup tournament has brightened the outlook for real estate and construction companies in the Gulf region.
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Property tax and higher interest rates needed to prevent asset bubble in China, IMF warns
China should raise interest rates further and impose a property tax to curb the risk of asset bubbles and a ‘disorderly fall’ in property prices, according to a study by the International Monetary Fund.
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Soaring property prices in Paris create real estate bubble fears
Property prices in Paris are soaring and a new law requiring all sellers in France to produce an energy report could result in a temporary lack of stock as the sector gets used to the change.
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Global real estate recovery faltering, led by dip in Europe
The global real estate price recovery is losing its steam with over half of all countries seeing negative growth in the third quarter of 2010, a report published today (Monday December 06) shows.
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Mallorca could be leading Spanish real estate recovery as property sales increase
The Spanish island of Mallorca appears to be leading the real estate recovery with developers reporting increased sales and interest due to realistic price corrections.
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European buyers push up prime central London prices for first time in six months
Central London real estate prices increased 0.9% in November, the first price rise since June 2010 spurned by a lack of stock, according to the latest property index.
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International investors and developers set to increase their capital in Brazil property market
Brazil’s position as one of the premier global investment target markets is set to further strengthen in 2011 as foreign investors increase the capital they are willing to put into the country’s real estate sector, according to a new research report.
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More new properties likely to be built in Oz but outlook remains weak due to high interest rates
More new properties are being built in Australia but the outlook is weak with increasing interest rates adversely affecting the country’s real estate industry, it is claimed.
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UK property market likely to be fairly stable in 2011 with prices falling at first and then recoveri
Next year is likely to be more of the same for the UK real estate private lettings market with tenant demand remaining high, it is claimed.
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Further fall in UK property prices wipes out gains made earlier this year
Another fall in residential real estate prices in the UK means that property prices are nearly unchanged from a year earlier with gains made in the first months of the year wiped out.
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Real estate sector in Dubai is worst hit in economic terms, officials admit
The construction and real estate sectors in Dubai have seen a decrease of almost 5% in 2010 and recovery is some way off, according to officials.
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NAR says mortgage foreclosures in US have passed their peak
The Number of mortgages in the US in foreclosure may have peaked at just over 2 million, according to the National Association of Realtors.
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Developers encouraged by bullish outlook for London commercial real estate occupiers
Commercial real estate occupiers in London are bullish about their prospects, in an encouraging sign for developers, according to a new survey from consultants.
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Central bank in Singapore warns the property prices are too high and set to rise again
Property prices in Singapore, generally accepted as already being too high, are set to rise again, according to the country’s central bank.
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UK residential property prices down again a seasonal slowdown starts early
Residential property prices in the UK fell for the fifth month in a row as demand from buyers slums, the latest indices show.
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Brazil is popular choice for overseas real estate investors, consultancy research suggests
Brazil is currently the most popular country in the world of overseas property in terms of interest, according to a real estate investment consultancy.
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Rural properties in Scotland more than double in last ten years, new report shows
Rural properties in Scotland have more than doubled in the last decade and also fared better in the economic downturn, new research shows.
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Irish real estate described as one of the most vulnerable in the world
Property markets in Ireland are among the most vulnerable in the world with prices in Dublin having fallen by 44% since their peak.
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Mixed outlook for main UK real estate sectors, new report suggests
UK real estate sectors face a mixed outlook going into the New Year as overall the pace of economic recovery slows down in 2011, according to property consultants.Few office schemes are expected to get off the ground in 2011 although investors are actively seeking exposure to London’s West End, says the latest UK Property Market [...]
Celebrity homes in US selling at bargain prices
Celebrities in the US are selling some of their luxurious properties at bargain prices because they too are suffering from the country’s real estate slump.
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European commercial property market hots up, according to researchers
European commercial property markets now offer more attractive returns to investors with the number of hot markets increasing from 20 to 23, according to a new report.
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US National Association of Realtors goes global with new services for international buyers
The National Association of Realtors, the number one homes for sale website in the US, is going global.
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