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Property News

Location American Property News for 20 July 2016

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.
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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.
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A vast luxury property in London's Admiralty Arch, overlooking Buckingham Palace, could sell for up to $197 million, say media reports.
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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 ...
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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...
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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...
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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...
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Monetary stimulus may be needed to prevent a slump in U.K. construction following the Brexit vote.
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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.
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