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SINGAPORE (BLOOMBERG) – Singapore’s office landlords are among the world’s most luckless right now, and they have builders to blame. The market already has an empty feel to it, and as developers add more space in a slowing economy, property owners’ misery could keep compounding. Over the past year, the city’s three big office real … Read more
Property prices in the Pilbara town of Karratha have halved to their lowest level in 11 years as the mining town suffers a double blow from falling iron ore and oil prices. Desperate sellers are slashing asking prices by more than $100,000 and some homeowners have been left nursing losses of nearly $300,000 on properties … Read more
Housing in Australia has been categorised as “severely unaffordable” compared with metropolitan markets around the world, a comprehensive survey has found. Of 10 major metropolitan markets assessed in the housing affordability survey, Hong Kong had the least affordable housing for the sixth year in a row, followed by Sydney. Sydney replaced Vancouver as the second … Read more
We are at the beginning of 2016 and everybody is wondering how this year is going to be, since 2015 was full of surprises and had plenty of bad news. This year, few are willing to forecast anything beyond a market correction, yet there is little sign of positive evidence for a rebound according to … Read more
“Investing in Emerging Markets and Kenya’s Real Estate Sector “ During the “2016 Money Show Forum” that was held in Hilton Athens from January 8 to January 10th 2016 the opportunity of investing in emerging markets was presented to the Greek investment community and professionals from mr Kosta Kioleoglou . The Money Show is … Read more
New federal mortgage rules are creating a “policy ceiling” that will curb Toronto’s soaring house prices this year, measures that would be partly offset by another Bank of Canada rate cut, the local real estate board said in a new forecast. Average housing prices in the Greater Toronto Area (GTA) jumped nearly 10 per cent … Read more
House prices across the UK accelerated in the year to November, rising 7.7%, according to the Office for National Statistics (ONS). In the year to October, prices increased by 7%. The East of England continued to see the sharpest increase, at 10.2%, with London and the South East seeing rises of 9.8%. Prices in Scotland … Read more