PropertyO News
Latest Property News
Barbados, uae sites added to world heritage list
The United Nations World Heritage committee has recognised the historical value of both Barbados' capital, Bridgetown, and the Emirate city of Al Ain, and included them on the world-renowned UNESCO World Heritage List, which should see a significant rise in tourism to these areas.
Tue, Jun 28, 2011
Egyptian to drop palm hills, kingdom cases
An Egyptian citizen who tried to overturn state land sales to Palm Hills and Saudi's Kingdom Holding has withdrawn the claims, saying there was little point continuing while the government is doing little to fight graft.
Tue, Jun 28, 2011
China’s debt ‘time bomb’
China’s first audit of local government debt found liabilities of 10.7 trillion yuan ($1.7 trillion) and warned of repayment risks, including a reliance on land sales and investment in stocks.
Tue, Jun 28, 2011
Spain mall sales may hit $1.4 bln in 2011- savills
Spanish retail property's appeal to investors will linger into late 2011, with more shopping mall assets being sold into an increasingly competitive market, potentially doubling deal volumes to about 1 billion euros ($1.43 billion), research showed.
Tue, Jun 28, 2011
Property prices in paris expected to fall
The value of property in Paris is likely to drop over the coming six months, with one local expert noting that prices are "more negotiable than before".
Tue, Jun 28, 2011
Buy your own slice of paradise in the maldives
Thanks to a change of rules, foreigners can now invest in property in the Maldives, says Max Davidson
Tue, Jun 28, 2011
Clash over new high-speed rail tunnel in italian alps
Police have clashed with demonstrators in the Italian Alps over the construction of a new high-speed rail link with France.
Tue, Jun 28, 2011
Guilty of tax evasion unless you prove otherwise
The Land Registry is effectively finding you guilty of tax evasion and defrauding the state of much-needed tax revenues if it inflates the amount you have paid for your property when calculating your property transfer fees.
Tue, Jun 28, 2011
'temporary factors' push us house sales down
A decline in existing home sales in the US in May has been attributed to "temporary factors and financing problems" by the National Association of Realtors (NAR).
Tue, Jun 28, 2011
Nyc plans ‘i do’ tourism campaign to woo gay weddings
New York City Mayor Michael Bloomberg plans to unveil a campaign to sell the most populous U.S. city as a gay-wedding destination after thousands marched to celebrate the state’s legalization of such marriages.
Mon, Jun 27, 2011