Property News
Big Chinese Developers Push Into Hong Kong Market
Wall Street Journal - 20 Jul 2016 03:28
China's property developers are aggressively bidding for prime public land in Hong Kong as competition heats up in a sector where Asia's wealthiest tycoons built their fortunes.
Investors Go Bargain-Hunting for U.K. Property
Wall Street Journal - 20 Jul 2016 03:21
Global investors are on the hunt for U.K. property bargains, expecting that Brexit-fueled economic turmoil could weaken real-estate values. The drop in the value of sterling has only increased the appeal.
London's first $200M apartment? Property next to Buckingham Palace for sale
CNBC - 20 Jul 2016 14:56
A vast luxury property in London's Admiralty Arch, overlooking Buckingham Palace, could sell for up to $197 million, say media reports.
Demand for property grows across the UK but not in London
Property Wire - 20 Jul 2016 12:04
National property demand in the UK has increased by 3% overall since the first quarter of the year but it is down by 2% in London, the latest hot spot index shows. Despite the initial artificial spike in demand ahead of ...
UK needs more home lending solutions for retirement, research suggests
Property Wire - 20 Jul 2016 10:10
More than one in three equity release customers in the UK are still paying off mortgages highlighting the growing need for retirement lending solutions, new research suggests. A study from national specialist Bower Retir...
PwC forecasts marked slowdown in UK housing market but no major crash
Property Wire - 20 Jul 2016 10:02
The UK should avoid a house price crash or a severe recession despite growth downgrades following the decision to leave the European Union, new research shows. UK growth had already eased from around 3% in 2014 to around...
Asking prices down across England and Wales post Brexit vote
Property Wire - 20 Jul 2016 08:46
The price of property coming onto the market in England and Wales has fallen by 0.9% or £2,647 with momentum continuing due to a supply shortage, according to the latest asking price report. Activity is within usual exp...
Green light for Carney? Why construction industry may need stimulus
CNBC - 20 Jul 2016 08:03
Monetary stimulus may be needed to prevent a slump in U.K. construction following the Brexit vote.
Arkansas Bank Fills a Lending Void
Wall Street Journal - 20 Jul 2016 04:10
Bank of the Ozarks has stepped into a void left by bigger banks that have pulled back from commercial lending in recent months amid softness in big markets such as New York and Houston.