The world witnessed changes, unexpected overthrows, the Brexit referendum, the US elections, wars, terrorism, signs of instability in Europe, a wind of change for the Asian markets and Africa tried to overcome challenges amid a global storm in the year 2016. For many analysts, this was a preparatory period, a rehearsal before what is expected […]
The Chinese government’s campaign to stop its citizens from exporting money to buy apartments in Melbourne, Sydney, Vancouver and other places is really starting to bite. And, so, the great driver of the Australian apartment building and the residential property boom — overseas Chinese money — is shrinking fast. Normally, this would trigger a big […]
A long slump in Singapore’s retail, residential and office property markets shows no signs of ending soon as declining occupancy weighs on older marquee sites in the regional financial hub and banks and other key tenants shed staff and look at new and often better options. In a report this week, Deutsche Bank noted that […]
INVESTMENT in Scotland’s commercial property market fell 12 per cent last year as the Brexit vote all but ground activity to a halt for a period. The performance, which saw total spent across all sectors fall to £1.78bn having passed £2bn last year, was described as “reasonably resilient” given the context of the decision to […]
Analysts say rising inflation and bond yields also pose a challenge n the City of London’s insurance district, close to the “Cheesegrater” tower, the core of another skyscraper — 22 Bishopsgate — is rapidly rising out of the ground. The decision this autumn to proceed with the 1.4m sq ft development, whose investors considered pulling […]
On November 9, Donald Trump was elected the 45th president of the United States. His campaign motto, “Make America Great Again”, outlined his isolationist world view, promising Americans that he will minimise all external expenditure, and thus increasing domestic spending. He has said he will change US policy on foreign aid and called on policymakers […]
THE HOUSING market is finally slowing after years of rampant growth and many Britons will give hearty thanks for that. GETTY The housing market is slowing after years after rapid growth The assumption that homeowners automatically celebrate price rises has been blown apart by the crazy growth of recent years, which has made the majority […]
Annual growth in UK house prices accelerated for the first time in eight months in November, a lender’s figures show. The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago. That meant the cost of a typical home was £218,002, it said. The faster price growth […]
The Greek housing market will recover at a slower pace than the Greek economy unless measures to boost demand and reduce oversupply are taken 2016 The Greek housing market collapsed from 2009 onwards, mainly driven by the drop of GDP per capita, the shrinkage of residential lending and the rise in taxation, dragging investments and […]
Australia’s ‘spring-selling’ real estate season is seeing a defiant return of Chinese buyers, undaunted by lending restrictions aimed at curbing their interest in the country’s sky-rocketing housing market. Financiers and estate agents say Asian investors have found new avenues to re-enter the market, including targeting cheaper homes and settling in cash. Others are turning to […]
