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Property News

Location American Property News for 14 March 2016

A Family Weaves an Empire Apartment by Apartment

Wall Street Journal - 14 Mar 2016 04:24
The Spahi family, who left Egypt nearly penniless in the 1960s, rebuilt their fortune in the U.S. partly through their real estate investments.
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Blackstone Near Deal to Sell Hotel Portfolio to Anbang

Wall Street Journal - 14 Mar 2016 03:33
U.S. private-equity giant Blackstone Group is near a deal to sell a big portfolio of U.S. luxury hotels to Chinese insurer Anbang Insurance Group, according to a person familiar with the situation.
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Blackhawks' Seabrook buys house next to his Lakeview property Chicago Blackhawks defenseman Brent Seabrook and his wife, Dayna, have expanded their new domain in the Lakeview neighborhood's Southport Corridor area. The couple paid $1.332 million in February for a three-story, 122-y...
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The proportion of landlords in central London who intend to sell property has quadrupled since last year’s Budget, according to new research. Just 4% of landlords in central London had plans to sell property when surve...
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A large number of would be home buyers in the UK want to purchase an environmentally friendly home, with the majority willing to pay more to do so. Some 63% want to go green and 82% would be more for a home that allows t...
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The average home in the UK is let for 99.9% of the asking rent, the highest such value since 2007, just before the global economic downturn, new research shows. Overall the average UK rent is up 3.2% to £926 per month b...
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Nearly half of home movers in the UK plan to downsize in the next three years and on average realise up to £200,000 by doing so, according to new research. Some 46% plan to sell and buy a smaller property and by downsiz...
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With many private rental sector landlords in the UK requiring a deposit of four weeks’ rent getting on the rental ladder could present similar challenges in terms of cost as buying a home, new research suggests. It say...
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