PropertyO News
Latest Property News
Us apartment development, investment strong
If you are an apartment developer in possession of a quality site with full approvals in shovel-ready condition, there will be a host of options available to you to get the project underway.
Fri, Jun 03, 2011
Egypt plans new 10 per cent capital gains tax
Egypt will levy a new capital gains tax on the rich and financial companies, the government said in a statement, to finance a budget that will hike subsidies to help the poor after months of political turmoil.
Fri, Jun 03, 2011
Moody’s may cut bofa, citi, wells ratings
Moody’s Investors Service said it may downgrade the debt ratings of Bank of America Corp, Citigroup Inc and Wells Fargo & Co, citing concerns about waning political willingness to offer support for the largest U.S. banks.
Fri, Jun 03, 2011
Building sector languishes despite lower section prices
A fall in section prices has failed to revive the building sector, which is reporting low or non-existent home building across the majority of the country.
Fri, Jun 03, 2011
Kabul gold rush: western billions bear fruit in luxury property boom for afghan capital
Kabul is witnessing an unlikely boom in luxury properties as the billions spent in Afghanistan by the West begin to bear unexpected fruit.
Thu, Jun 02, 2011
A superior interior: forget the crowded coast. Inland portugal offers affordable homes in pretty countryside
Portugal might be famous for its beaches, golf courses and an over-abundance of sardines, but head inland and it’s altogether a different outlook.
Thu, Jun 02, 2011
Australia's economy contracts most in 20 years
The Australian economy shrank 1.2 percent in the first quarter from the previous quarter, suffering its biggest contraction in 20 years, after extensive flooding hit coal exports, but a mining boom is expected to help growth bounce back quickly this year.
Thu, Jun 02, 2011
Home clearance sale coming from 'desperate' sellers
Home prices are already a third off their highs, but this summer could bring the real discounts.
Thu, Jun 02, 2011
Spanish property clearout 'will lead to price falls'
Demand for property in Spain could be set to soar as banks move to sell off billions of euros worth of distressed property assets.
Thu, Jun 02, 2011
Developers see surge in demand for property in istanbul
Istanbul’s property market shows no sign of faltering in 2011 as the city’s population continues to soar with the rate of migration more than doubling during 2009/10 according to latest official figures.
Thu, Jun 02, 2011