Property News
Upscale Shopping Centers Nudge Out Down-Market Malls
Wall Street Journal - 21 Apr 2016 05:36
Retailers are abandoning a decades-old strategy of growing sales by blanketing cities with stores, as consumers shop more online. Their shifting habits have prompted chains to close stores in secondary malls.
Prime property prices in New York driven by strong demand and limited supply
Property Wire - 21 Apr 2016 17:24
A global powerhouse, domestic and international wealth has fuelled the expansion of New York’s prime residential real estate markets, according to a new analysis report. New York is one of the most diverse, globally co...
Mortgage lending in UK boosted by buy to let frenzy due to stamp duty change
Property Wire - 21 Apr 2016 16:20
Gross mortgage lending reached £25.7 billion in the UK in March, a rise of 43% compared with the previous month and up 59% year on year. The surge in lending was driven by a dash by buyers to beat the 3% property stamp ...
Property prices in Spain rose in February as recovery takes hold
Property Wire - 21 Apr 2016 08:19
The prices of homes in Spain increased by 0.6% in February year on year, taking average values to €1,233 per square meter, according to the latest data from the General Council of Notaires. Prices are strongest in the ...
Demand for office space in London remained in quiet first quarter of 2016
Property Wire - 21 Apr 2016 07:22
Demand for office space in London remained robust through the traditionally quiet first quarter of 2016 with 3.1 million square feet leased by companies, a new report shows. This was marginally below the 10 year average ...