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Henderson’s HERALD completes final letting phase of Serravalle Retail Park, Italy

The €930 million Henderson European Retail Property Fund (HERALD) has completed the second and final letting phase of Serravalle Retail Park (Alessandria), in Italy.

Italy real estate market

-Real estate investors who regard the Italian property market as risky and dogged by bureaucracy may be missing a trick, according to analysts.

Romania's first bank-managed real estate portal released

Banca Comerciala Romana (BCR) on Wednesday launched the first real estate portal in Romania managed by a banking institution which, apart from a complex offer of housing from all counties in Romania, includes useful information about house purchase procedures.

Bulgaria's Sunny Beach, a favorite place for Russian, British and German investors. File photo.

Bulgaria is a worldwide leader in residential and commercial real estate and will remain to be so, writes Russian real estate analytic portal RWay.ru Thursday.

German bank's property woes crystallized at Snowmass Village

Jonathan Keehner and Oliver Suess Bloomberg 31.08.2010
Incomplete buildings are draped in plastic next to finished condominiums in Snowmass Village.The ski resort's fate has become a microcosm of the troubles that plagued Hypo Real Estate Holdings, whose 2009 implosion was Germany's biggest bank failure since World War II.

MUNICH — Snowmass Village, the Colorado ski town neighboring Aspen, got a lift in 2007 when Hypo Real Estate Holding agreed to arrange $520 million of loans to complete a $1 billion year-round resort.

These days frozen property projects and bankrupt investors paint a gloomy picture and there is growing alarm that the big boom has become the big bust. Photo by BGNES

Unpaid mortgage has forced the sale of a hotel at the coastal complex Chaika, near the town of Varna, and its owners are looking for buyers, who will fork out a whopping BGN 2.5 M.

Halifax closure dates revealed

SUZANNE LYNCH The Irish Times 11.03.2010
Monaco remains the most expensive luxury property location in the world

London-based real estate consultancy, Knight Frank LLP, reported today that prime real estate-estate values at 56 locations worldwide declined by an average 5.5%.

Halifax closure dates revealed

BANK OF Scotland Ireland (BoSI) has announced the closure dates for its 44 Halifax branches.

Council to pursue developers over non-compliant apartments

Liam Cosgrove Longford Leader 10.03.2010
Right: national house price register would provide transparent information about sale prices. Photograph: Eric Luke

Government says time for delivery uncertain because of data protection legislation, writes EDEL MORGAN McGRANE

The uninhabited apartment block in the Gleann Riada estate outside Longford town.

Longford County Council has launched enforcement proceedings against the developer behind one of the town's largest residential estates, Gleann Riada.

Marriott Plans To Double Presence in Europe By 2015, pictured: Renaissance Moscow Monarch Centre. (PRNewsFoto/Marriott International, Inc.)

BERLIN and BETHESDA, Md., March 9 /PRNewswire-FirstCall/ -- As part of a global reorganization aimed at accelerating worldwide growth, Marriott International, Inc. (NYSE: MAR) plans to double its portfolio in Europe by 2015. Amy McPherson, president and managing director of Marriott International Europe, made the announcement today at the International Hotel Investment Forum here.

Recovery in the NI housing market will be slow, the RICS warns

House prices in Northern Ireland are still falling, according to the Royal Institution of Chartered Surveyors.

Stalled office market set to get moving

The Irish Times 09.03.2010
The controversial Dublin Docklands Development Authority is to relocate its headquarters from a new office building at Sir John Rogerson's Quay in Dublin 2 to its original premises at North Wall Quay.

There is significant demand for office space in the Dublin market as tenants take advantage of break options to seek better value, writes JACK FAGAN

Irish commercial property market still challenging but confidence improving, report shows

Signs of rental and yield stabilisation have begun to emerge in the Irish commercial property market but conditions remain challenging, according to a new report.

Pensioners will be able to defer paying rates

Pensioners in Northern Ireland are to be able to defer rate bills until they die or sell their properties

Auctioneer Peter McCreery at Glendine, a Kilkenny house included in a 'mega-auction' on Saturday. Photograph: Dylan Vaughan

Twenty houses are to be offered for sale on Saturday in a group auction in Kilkenny – with guide prices low, the hope is to get the market moving, writes MICHAEL PARSONS

Young people planning to buy a home need to have a clean credit history, while banks are reluctant to fund purchases of apartments

A permanent employment contract, a clean credit rating and a history of savings are key factors that will help mortgage seekers pass banks' rigorous stress-testing, writes Charlie Weston

First loss for Allied Irish Banks after property loans hit

Allied Irish Banks posted its first full-year loss today after suffering in Ireland's property market crash.

Dublin's property market is improving

DONAL THORNTON IrishCentral.com 25.02.2010
Dublin's property market is improving

The Irish property website MyHome.ie has said that the number of second hand properties that were "sale agreed" has significantly increased.


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