Property News
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.
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.
Blackhawks' Seabrook buys house next to his Lakeview property
Chicago Tribune - 14 Mar 2016 20:38Research suggests many UK buy to let landlords plan to sell up
Property Wire - 14 Mar 2016 17:20
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...
UK buyers willing to pay more for an eco home, research suggests
Property Wire - 14 Mar 2016 15:51
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...
Private sector tenants in London pay over 100% of asking rent
Property Wire - 14 Mar 2016 14:51
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...
Downsizing in UK could bring windfall of up to £200,000 on average
Property Wire - 14 Mar 2016 13:28
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...
Cost of getting on the rental property ladder in UK set to soar, research suggests
Property Wire - 14 Mar 2016 10:06
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...