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Property News

Location American Property News for 3 May 2016

Egypt Hopes for Hotel Market Revival

Wall Street Journal - 3 May 2016 20:40
New hotel openings have become increasingly scarce in Egypt since 2011 after the so-called Arab Spring. But the Ritz-Carlton is one of a few hotel companies that is forging ahead in the country despite the tourism slump.
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Egypt Tries to Fix Its Housing Shortage

Wall Street Journal - 3 May 2016 20:29
Egypt's housing ministry is taking steps to solve its housing shortage by offering more than 500,000 state-subsidized units for low-income people. The success of the program would mean achieving what previous governments...
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Domestic Investors Pour Money Into Egypt's Property Market

Wall Street Journal - 3 May 2016 20:18
Egypt's real-estate market is flourishing, thanks to many Egyptians who believe that property is their safest investment option.
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UK private sector rents up 2.6% year on year

Property Wire - 3 May 2016 12:55
Private rental prices paid by tenants in Great Britain rose by 2.6% in the 12 months to March 2016, unchanged when compared with the year to February 2016. The figures from the private housing rental index from the Offic...
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Rental values for UK prime commercial property grew by 1.4% in the first three months of 2016, matching the post-crisis high of 1.4% in the fourth quarter of 2015. They were boosted by the strong performance of offices, ...
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Initial planning permission for 255,032 new homes was granted in England in 2015, up 57% from a low point of 162,204 in 2009, according to the latest pipeline report. Permissions granted in the fourth quarter of 2015 wer...
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Residential rental stock falls in UK

Property Wire - 3 May 2016 07:24
The supply of rental housing stock on letting agents’ books in the UK fell in March, to the lowest level since the start of last year, the latest data shows. Demand also dropped in March, according to the March private...
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