Real Estate Sector News Real Estate Property News, Market & Policy
The ground-breaking ceremony was attended by representatives of general contractor Goldbeck Rhomberg and MLP Group,… The Dot Group, a global leader in student living, announced the closing of its acquisition of the CRM Students Ltd group of companies (“CRM Students”) from CORESTATE Capital Holdings… Coffee with Craig Show – daily CRE news covering the CEE region Coffee with Craig Show daily CRE news covering the CEE region with Publisher Craig Smith and Winston Norman, Editor & Chief of Europaproperty.com.
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- If you’re in the market for a vacation home on the island, you might be in for a sticker shock, as sale price and rental rates for these properties have soared to eight-year highs, showing…
- Green financing for three CPIPG office assets CPI Property Group Poland has successfully concluded a green refinancing transaction with Aareal Bank amounting to more than €277 million for three office properties in Warsaw.
- All measures of activity were higher than in February 2023, the company said, with agreed sales up by 15% and buyer demand up by 11%.
While Belfast recorded a 4.3% rise in prices, in the east of England there was a 2.1% drop. Buyer demand continued to rise, according to the survey, with a net balance of +8% of respondents citing an increase in new buyer inquiries in March, in the sharpest increase since February 2022. Steve Rosich, who resigned as CEO of the Victorian Racing Club, is selling his Toorak penthouse, while former David Jones CEO Mark McInnes has completed his mansion upgrade nearby. Luxury property “concierge” Monika Tu says Peter Dutton’s plan to ban foreign property buyers for two years is “absolutely ridiculous” and could fuel perceptions of racism.
Home construction activity nears two-year low amid tradie shortages
Privacy is important to us, so you have the option of disabling certain types of storage that may not be necessary for the basic functioning of the website. We develop a unique marketing strategy, arrange a professional photoshoot and design a dedicated website to make your property shine. Exclusive buyer service means gaining access to the most exclusive and sought-after properties on the island. Join our exclusive property investor mailing list and receive property data and research before the public, exclusive resources, offers and more. Green homes are in high demand with energy-efficient homes spending fewer days on the market and attracting more views per listing.
- We are also announcing a cost action plan across the group, targeting savings of £20m to £25m.
- SEGRO and St George complete pioneering multi-storey industrial development as part of Grand Union mixed-use regeneration schemeSEGRO, the leading owner and developer of industrial and warehouse space, and St George, a leading…
- The Russian war in Ukraine created a massive influx of new residents, which further increased demand with effects described above.
- Considering the handover of the G20 presidency to Indonesia, which will take place in Rome on October 2021, this will cause a major impact on domestic economic recovery.
- The peninsula still has a lot of empty land to offer and the land price curve is going to move upwards for many years to come – except for those cliff front properties, which already demand some of the highest land prices on the island.
- The number of houses for sale in Britain has surged to an eight-year high in the latest sign the property market is recovering from last year’s downturn.
Investors continue to seek bricks-and-mortar assets leased to essential services tenants, with Fitzroys selling circa $15 million worth of supermarkets in just a few weeks. The off-market sale of the Rockleigh mansion makes it Sydney’s highest house sale this year, to date, and ranks in the city’s top five house deals of all time. Listing agent Jack Parry said the sale price rivalled nearby homes with on-site parking. Domain Group recorded a preliminary auction clearance rate of 69.7 per cent at the weekend. Developers are capitalising on this growing market by selling villas with a carpet area of 1,500 sq.
Timing’s everything in land market
From being first in the queue to being more flexible, here are some tips on how to get ahead in the rental race. A housing survey revealed one student paid £700 a month for a flat which was “dangerous”. Use this to understand how much EMI/monthly Instalment you will have to pay for your dream house. U.S. Mortgage Rates Dip Below 7 Percent, First Time in 5 Weeks Based on Freddie Mac’s latest Primary Mortgage Market Survey for the week ending May 23, 2024, the 30-year fixed-rate mortgage averaged 6.94 percent. Kition Ocean Holdings, the consortium responsible for the development of Larnaca’s port & marina, has agreed to renew its financial guarantee after a meeting chaired by President Nikos… It might be a common assumption by now that the €1.2 billion investment in the Larnaca marina and port is up in the air, however, the managing company, which has not yet paid the…
- According to panellists on a round table event organised by the Develop Croydon Forum, this is thanks to its connectivity, proven BTR success and its appeal to those looking for an affordable 15-minute city lifestyle.
- Celebrity Property News Keep informed with what is happening with Celebrity Property across the globe.
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- E forecast that the property sector will grow slightly more slowly in 2023.
- Planning secured for new Build to Rent project in CroydonAlongside its joint venture partnersFlemyn, Amro Partners has secured planning approval for the…
‘Certainly, there’s a cost of living pressure that is forcing some people to sell, but equally, I think there’s other factors,’ he said. ‘I think a lot of that was the number of new listings coming to market previous to that were very low, when interest rates were changing every month in 2022 and then changing regularly in 2023,’ Mr Kusher said. ‘Although home prices have remained buoyant in early 2024, the surge in new listings has seen the total number of properties advertised for sale mount, particularly in Sydney, Melbourne and Canberra. The average estate agent had 31 homes for sale in the four weeks to May 19, up 20pc on the same period last year and the highest in data going back to 2017, according to Zoopla.