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Housing developers 'showing more caution' in thailand
Developers in the Thai real estate industry are exhibiting a greater degree of caution in their investments, it has been claimed.
Mon, Dec 05, 2011
Saudi 'in need of another 973,000 homes'
Saudi Arabia will need an additional 973,000 housing units by 2015 and a total of 2.1 million units over the coming decade (215,000 units per year), said a new report by NCB Capital, Saudi Arabia’s leading wealth manager.
Mon, Dec 05, 2011
Savills' €15m swedish student deal 'a sign of strength'
International agency Savills has helped Swedish firm Fragerus Fastigheter AB seal a €15 million deal on the sale of two student accommodation buildings in Gothenburg.
Mon, Dec 05, 2011
Record number of us homes in foreclosure
The foreclosure pipeline has never been more crammed, with lenders attempting to push 2.2 million homes through the process as of the end of October, according to a monthly report issued today by Lender Processing Services Inc.
Mon, Dec 05, 2011
Hundreds of flights cancelled due to beijing smog
Beijing authorities cancelled hundreds of flights and shut highways as thick smog descended on the Chinese capital on Sunday and Monday, reducing visibility at one of the world's busiest airports.
Mon, Dec 05, 2011
Morocco wants to be the fastest-growing golf destination
Morocco continues to expand into the luxury gold resort market, announcing plans this week to open a new world-class golf course called The Marrakech Golf Club, Assoufid, in March 2012. The development includes a luxury, 98-room Rocco Forte Collection hotel and spa, and “a sumptuous clubhouse.”
Mon, Dec 05, 2011
Bulgarian companies must re-register by end of 2011
The Law on the Trade Register, which came into force in 2008, states that all existing companies in Bulgaria must be registered in the new Online Trade Register by Saturday 31st December 2011. If not, they will be removed from the register of companies in Bulgaria resulting in loss of their assets (including real estate).
Mon, Dec 05, 2011
Video - china battles economic slowdown
New figures show that China’s manufacturing sector shrank in November for the first time since February 2009. Vice-Finance Minister Zhu Guangyao has said the world’s economic troubles today are more serious than the Lehman Brothers crash of 2008.
Mon, Dec 05, 2011
Own a piece of the empire state building?
Visitors to New York may soon be able to own a part of the Empire State Building, reports CNN. The famous skyscraper "may soon become part of a public company", according to documents submitted to the Securities and Exchange Commission this week by Malkin Holdings LLC.
Fri, Dec 02, 2011
No rain in spain with 8pc increase in tourism and positive property sales
Spain has enjoyed a much improved year in terms of tourism levels welcoming 50.9 million visitors in the first 10 months of 2011, an 8pc increase on the same period last year. In fact, Spain has shown no signs of slowing down with around 5.1 million arrivals entering the country last month.
Fri, Dec 02, 2011