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New mortgage law ‘to spur saudi real estate’
The proposed revision of mortgage lending in Saudi Arabia is expected to spark renewed interest in the residential sector, according to an expert.
Wed, Apr 27, 2011
Greece budget deficit worse than thought
Greece's budget deficit for 2010 has been revised up to 10.5% of its annual economic output.
Wed, Apr 27, 2011
European real estate investment up 32% in q1
Direct commercial real estate investment volumes in Europe reached EUR 26 bn in the first quarter 2011, representing an increase of 32% year-on-year, according to new research from Jones Lang LaSalle.
Wed, Apr 27, 2011
Portuguese property prices fall as lack of confidence continues
Property prices falls are increasing across all the key areas of Portugal as weakening demand continues to take its toll on the country’s distressed real estate market.
Wed, Apr 27, 2011
More people renting french ski property, figures suggest
As the 2010/11 ski season enters its final throws, property owners in the Rhones/Alpes region of France should be pleased to hear of the 17% increase in holiday home booking enquiries received by the UK’s leading rental company, HomeAway, compared to last season.
Wed, Apr 27, 2011
Egypt cancels daylight saving time
The Egyptian Cabinet, headed by Prime Minister Essam Sharaf, has endorsed a decree law canceling daylight saving time.
Wed, Apr 27, 2011
Banks, investment firms expect further falls in uae prices
Residential property prices in Dubai are set to fall another 10% before they stabilise, while prices in Abu Dhabi will drop another 20%, according to a new poll.
Wed, Apr 27, 2011
Us commercial property update: a tale of two markets
With property values rebounding, greater availability of debt financing and a slew of significant recently completed merger-and-acquisition and individual property transactions, commercial real estate investors might be tempted to believe that a robust market recovery is underway. However, a closer look reveals a highly bifurcated market with enough potential future roadblocks to cause investors concern.
Wed, Apr 27, 2011
Struggling to fill ships, cruise lines offer deals in europe
Industry watchers say lower-than-expected demand for summer cruises in Europe is behind a rash of unusual last-minute discounts - and more deals could be on the way.
Wed, Apr 27, 2011
Italy and france ask eu to revise schengen border treaty
Italy and France asked the European Union today to revise the Schengen border treaty that permits passport-free travel through Europe to take into account "exceptional" situations like the recent massive flood of Tunisian immigrants.
Wed, Apr 27, 2011