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Property price fall lures investors to Europe

Sharlene Goff Financial Times 25.05.2009

Property Firms Seek Cash for Buying Real Estate

ANITA LIKUS The Wall Street Journal 20.05.2009
Property price fall lures investors to Europe

Sharp price falls in European property hotspots and a gradual strengthening of the pound are luring cash-rich UK investors back to the continental mainland just in time for summer.

Property Firms Seek Cash for Buying Real Estate

LONDON -- In a sign that the U.K. commercial-property market has fallen to attractive levels, real-estate companies are building up cash piles to buy assets at knockdown prices.

Property slump worsens across the globe

Daniel Thomas Ninemsn 19.05.2009

Singapore, Hong Kong amongst Asia’s biggest losers

Khalil Adis Property Report 15.05.2009
Property slump worsens across the globe

The slump across global commercial property markets has accelerated since the turn of the year, with the emerging markets in particular struggling under the combination of capital value and rental falls.

Singapore, Hong Kong amongst Asia’s biggest losers

The Asian property investment market suffered an 83 per cent quarter-on-quarter fall in sales in the first quarter of 2009 with Japan, Singapore and Hong Kong suffering the biggest falls in sales volume, according to CB Richard Ellis (CBRE).

New bespoke service company launched

Khalil Adis Property Report 15.05.2009

If you´re looking for properties in exotic locations like Cannes or The Hamptons in New York, a new bespoke service will be able to offer you just that and more.

Siam Paragon Luxury Property Showcase 2009

For the third year running, Bangkok’s Siam Paragon shopping mall is hosting a luxury property showcase from today until May 24, in collaboration with three of the country’s biggest real estate agents: Nexus, Knight Frank and CBRE.

Industry lauds homes grant extension

Housing and real estate groups have welcomed the Federal Government's decision to extend the boosted first home buyer grant.

U.K. Lawmaker Claimed Expenses for Repaid Loan, Telegraph Says

Elliot Morley, a member of Gordon Brown’s Labour Party, claimed the cost of interest on a mortgage that had been repaid, the Daily Telegraph reported.

Commerzbank Must Sell Property Finance Unit

Katie Hinderer The Globe Street 13.05.2009
Allianz Delays U.K. Property-Investment Plans on Recession

Allianz SE, Europe’s biggest insurer, is delaying plans to make its first U.K. commercial real-estate investments because the deepening recession caused rents to fall and increased building vacancies.

Commerzbank Must Sell Property Finance Unit

Commerzbank is being forced to sell its property finance arm, Eurohypo. The European Commission is requiring Germany’s second largest bank to dispose of the unit in order to receive $13.6 billion in state aid, according to a report in PropertyEU.


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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.