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Property 16/09/2011

10:59 : LSL: Rents reach record high in August - A survey by LSL Property Services has revealed rents in England and Wales continue to surge, with the average rent hitting a further record high last month. August represented the seventh consecutive month that the average rental cost ...

Property 15/09/2011

23:51 : UK rents rise by record amount in August - Survey shows that rents were up by the fastest rate in a year last month, with the average tenant now paying £713 a monthA record rise in rent in August has left thousands of tenants struggling to pay their landlords, figures show.Rents rose by their ...
Source : guardian-co-uk

Property 14/09/2011

10:23 : Land Securities leads FTSE fallers as analysts warn of credit squeeze - The European debt crisis could lead to a liquidity squeeze and a shortage of credit that could hit the property sectors, analysts are warning.Societe Generale - ironically one of the French banks which is under pressure because of its ...
Source : guardian-co-uk
06:29 : Phnom Penh residents score landmark victory over proposed land grab - Cambodian PM awards substantial chunk of land earmarked for property development to eviction-threatened localsThousands of Cambodians threatened with eviction from land skirting Phnom Penh's Boeung Kak lake have scored a landmark victory, ...
Source : guardian-co-uk
01:54 : China's Ping An obtains PE, property investment licenses -report - SHANGHAI, Sept 14 (Reuters) - Ping An Insurance (Group) Co of China Ltd has obtained regulatory clearance to invest in private equity and real estate, the official Shanghai Securities News reported on Wednesday.
Source : reuters-com

Property 13/09/2011

10:55 : Greek property tax a band-aid, no long term cure - ATHENS (Reuters) - A new property tax may pull Greece back from the brink of default by securing desperately needed EU/IMF cash but it also exposes the government's foot-dragging in curing chronic structural ills to exit its ...
Source : reuters-com
06:01 : Eastern Property Holdings Ltd. Announces Interim Unaudited Results for ... - Eastern Property Holdings Limited (EPH) / Eastern Property Holdings Ltd. Announces Interim Unaudited Results for the six months ended 30 June 2011 . Processed and transmitted by Thomson Reuters ONE. ...

Property 12/09/2011

18:34 : Dubai Nakheel wrote off $21.4 bln in property crash - DUBAI, Sept 12 (Reuters) - Dubai developer Nakheel , which completed a complex debt restructuring last month, wrote off up to 78.6 billion dirhams ($21.4 billion) of its real estate assets due to a property crisis ...
Source : reuters-com
15:00 : No Crisis Today - U.S. Markets Go Green as IMF Officials Expect Greek ... - Looks like all is well in the world again ;) You can't leave your seat for even a few hours. The S&P500 just went positive.Based on a proposed property tax, that should bring in 2B Euros a year in Greece, International ...
Source : ibtimes-co-uk

Property 11/09/2011

23:50 : Greece slaps new tax on property to cut deficit - THESSALONIKI, Greece (Reuters) - Greece on Sunday slapped a new tax on real estate to plug a 2011 budget hole, please international lenders and secure a key new loan tranche as concerns mounted in Europe over its euro zone membership.
Source : reuters-com
19:57 : Greece imposes property tax in bid to avoid default - • Emergency tax to be collected through electricity bills • Papandreou rejects suggestions Greece could leave eurozone Greece took desperate measures last nighton Sunday to calm fears that it is on the brink of ...
Source : guardian-co-uk
12:19 : Asia: take note of other property bubbles - Central banks pondering the property booms in China, Hong Kong and Singapore should take note: institutionalised prudence did not save Spain but the factors leading to Spain's property ...
Source : ft-com

Property 08/09/2011

15:48 : Intellectual property: Many patents, still pending - AFTER years of dithering, America is set for patent reform. On September 6th a bill proposing to change the system passed its highest procedural hurdle in the Senate. With Barack Obama supportive, this means the America Invents Act ...
Source : economist-com
13:45 : JPMorgan, Shell influx spurs Canary Wharf retail growth - LONDON (Reuters) - Property developer Canary Wharf Group will add 43,000 square feet of underground shopping space to the east London financial district it controls to capitalise on an influx of thousands more office workers by 2012.
Source : reuters-com
10:01 : Keppel Land unit's property fund raises over $460 mln - SINGAPORE, Sept 8 (Reuters) - Singapore property developer Keppel Land said on Thursday wholly owned real estate fund management arm Alpha Investment Partners has achieved a first closing of its Asia Macro ...
Source : reuters-com

Property 07/09/2011

10:29 : Property prices: What to expect - news and predictions - Halifax and Nationwide have both reported chunky falls in August, so what does autumn hold in store? We analyse the latest house price news and prediction.

Property 06/09/2011

18:22 : Vincent Tchenguiz: 'Serious Fraud Office allegations are false in all ... - Vincent Tchenguiz, the property entrepreneur arrested as part of a Serious Fraud Office investigation into the Icelandic banking crisis, has claimed the allegations against him are 'false in all material aspects'.
Source : telegraph-co-uk

Property 05/09/2011

11:38 : China Vanke Aug sales fall, first drop in at least a year - SHANGHAI, Sept 5 (Reuters) - China Vanke posted a 12.6 percent fall in property sales for August from a year earlier, the country's largest developer by sales said on Monday, reporting its first drop in at least over a year.
Source : reuters-com
09:12 : China services sector growth weakest on record - China's services sector grew in August at its weakest pace on record, a private survey showed on Monday, as new orders ebbed and tightening measures to rein in an exuberant property sector started to pinch.
Source : telegraph-co-uk
04:53 : Fears of new 'golden circle' as firms send in free staff to banks - INSOLVENCY and property firms have been sending 'free' staff into banks so they can build relationships and gain expertise that will help their firms win business, the Irish Independent has learnt.
Source : independent-ie

Property 04/09/2011

09:25 : Israel's Koor to sell stake in HSBC building in NY to sister firm - TEL AVIV, Sept 4 (Reuters) - Israeli holding company Koor Industries agreed to sell its 50 percent stake in the headquarters of HSBC Holdings in Manhattan for $138 million to its sister company Property and Building Corp , which ...
Source : reuters-com

Property 02/09/2011

04:20 : Chavez pushes for seizure of all Smurfit Kappa land - AILING Venezuelan President Hugo Chavez has told his agriculture minister to begin seizing swathes of Smurfit Kappa's remaining land in the country after taking control of a chunk of the Irish company's property there in 2009.
Source : independent-ie

Property 31/08/2011

11:09 : British Land and Land Securites subside as Morgan Stanley slashes ratings - British Land is leading the FTSE 100 fallers after a negative note on the UK property sector from Morgan Stanley.Then bank said it was lowering its estimates for 2012 net asset values in the UK by 13%, saying ...
Source : guardian-co-uk
10:08 : Singapore raises land development tax effective Sept 1 - SINGAPORE, Aug 31 (Reuters) - Singapore on Wednesday raised land development charges for the the six months starting Sept 1 to reflect higher property values.
Source : reuters-com

Property 30/08/2011

07:00 : Australia commercial property mkt to remain buoyant-CBRE - SYDNEY, Aug 30 (Reuters) - Australia is expected to remain the most active property investment market in Asia Pacific for the rest of the year as offshore investors seek quality assets in a mature market with growth prospects, ...
Source : reuters-com

Property 28/08/2011

08:19 : Equity giants win €7bn Anglo loan book - ANGLO Irish Bank has selected the winning bidders for its $9.5bn (€6.55bn) portfolio of US commercial property loans, Bloomberg News reported last night.
Source : independent-ie

Property 27/08/2011

01:46 : JP Morgan, Wells Fargo win Anglo Irish US property loans-report - Aug 26 (Reuters) - JPMorgan Chase , Wells Fargo & Co , and distressed debt and equity investor Lone Star Funds have won bids for Anglo Irish Bank's [ANGIB.UL] $9.5 billion U.S. commercial real estate loan portfolio, Bloomberg reported, ...
Source : reuters-com

Property 26/08/2011

23:16 : First-time property buyers caught between a mortgage deposit and a rental ... - More than half the UK's regions are now 'blackspots' for mortgage wannabes. Mark King looks at the knock-on effects for the entire marketProspective homeowners continue to be forced out of the housing market, with ...
Source : guardian-co-uk
18:34 : Malaysia's tropical temptations for house hunters - Property investment is now hotting up in the exotic expat haven of Malaysia. Laura Henderson explores what's on offer in the beating heart of modern Asia.
Source : telegraph-co-uk

Property 25/08/2011

07:33 : UPDATE 1-Hansteen seeks to improve occupancy, rents - LONDON, Aug 25 (Reuters) - British industrial property investor Hansteen Holdings posted first-half rises in net asset value (NAV) and pre-tax profit, and said it is focusing on improving occupancy and rents ahead ...
Source : reuters-com
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