Property News
Student property investment in UK hit record high in 2015
Property Wire - 13 May 2016 10:24
Investment volumes in student property in the UK reached a new record at £5.1 billion in 2015, more than doubling the previous year’s figure of £2.41 billion. It also accounted for 7.12% of total UK commercial real e...
Demand for prime property in central London slows after stamp duty change
Property Wire - 13 May 2016 10:57
Demand for property in London's most prestigious locations has fallen a few weeks after a new stamp duty charge of 3% was introduced on buy to let and second homes, new research shows. Property demand in the prime centra...
UK launches first register in the world for foreign property owners
Property Wire - 13 May 2016 09:41
Foreign companies already owning or buying property in the UK will have to reveal who the real owner is under new transparency rules being introduced by the government. The details will have to be disclosed in a public r...
Malaysian Leader Najib's Stepson Allegedly Funded U.S. Property Deals With 1MDB Money
Wall Street Journal - 13 May 2016 04:47
At least $50 million allegedly diverted from a state investment fund in Malaysia was spent on luxury properties in New York and Los Angeles by the stepson of the Malaysian prime minister.