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Brexit bargains: London’s luxury homes take big price cuts

Wealthy buyers are benefiting from political uncertainty — especially if they are paying in dollars Five-bedroom house in Belgravia has cut its original asking price by £1m to £8.95m Aleksandra Wisniewska  For the Financial Times  OCTOBER 24 2019 Brexit uncertainty hangs over London’s luxury property market like a fog. Since the referendum in June 2016, […]

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Firm woos Kenyans to put money in Greece real estate

SUMMARY Property consulting and engineering services firm Avakon Kenya has stepped up its efforts to have Kenyans invest in Greece’s real estate through the European nation’s residence-by-investment programme. Avakon Kenya’s managi ng partner, Kosta Kioleoglou, said Greece’s Golden Visa Programme, which provides access across Europe with a minimum investment in property of €250,000, is one […]

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How Dubai property price declines have slowed in Q3

JLL’s latest UAE Market report revealed marginal declines of just 1 percent in both apartment and villa rents and sale prices in Dubai in Q3. Dubai’s residential real estate market is showing signs of stability with price declines slowing during the third quarter of 2019, according to JLL. JLL’s latest UAE Market report revealed marginal […]

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How Would A No-Deal Brexit Affect U.K. House Prices?

When Brexit finally does arrive–whether you support remain or leave–there’s no denying that it’s going to impact U.K. house prices. However, based on a complicated set of competing variables, understanding what this impact will be is a difficult game. KPMG is the latest to reach towards the property crystal ball, with a report out yesterday […]

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House prices could nosedive after no-deal Brexit, says KPMG

 An estate agent’s window in Stoke Newington, north London. Photograph: Linda Nylind/The Guardian UK house prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, and the biggest falls would be in London and Northern Ireland, a leading accountancy firm has said. Analysis by accountancy firm suggests nationwide decline of […]

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Dubai Forms Committee to Combat Property Glut After Prices Plunge

Dubai will set up a committee to balance property supply and demand as a slump in prices weighs on developers in the Middle East’s business hub.The emirate’s ruler Sheikh Mohammed Bin Rashid Al Maktoum said in a tweet he wanted the committee to ensure that “semi-government real estate companies in Dubai won’t compete with private-sector […]