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Latest Property News
Ryanair pulls nine aircraft from alicante after row
Ryanair is pulling nine of its 11 aircraft from Alicante, cutting the number of passengers it flies there by 2.5m a year, after a row with the Spanish airport over how passengers board the planes.
Wed, Apr 13, 2011
Overseas buyers drive turkish demand
An increase in the number of overseas buyers active in the Turkish property market has helped the sector to exceed growth expectations
Tue, Apr 12, 2011
Dubai rents continue to drop says report
The average rentals fell across the residential, office and retail sectors in Dubai during the first quarter owing to a steady over-supply, said real estate expert Jones Lang LaSalle (JLL) in its latest report.
Tue, Apr 12, 2011
Egypt housing body cancels palm hills deal
Egypt's New Urban Communities Authority (NUCA) is cancelling a land contract with beleaguered property developer Palm Hills , financial daily Al Mal reported on Thursday.
Tue, Apr 12, 2011
French commercial sector sees strong recovery
French commercial real estate saw a recovery in capital values last year, recording 4% growth with the rebound in values leading to a total return of 10%, according to the latest IPD France Annual Property Index.
Tue, Apr 12, 2011
Returns without the bricks and mortar
Pretty much every advantage of buying property directly and renting it out can be achieved passively through REITS or funds invested in them.
Tue, Apr 12, 2011
Dream town's real estate groupon
No, you can't get a house for 50% off. However, the big real estate news yesterday was that Dream Town came out with a Groupon offer (you have to register). For $25 you get a coupon worth $1000 cash back at closing.
Tue, Apr 12, 2011
Spain an “insurmountable dam protecting the euro zone”
Spain has gone from being “another domino” to “an insurmountable dam that it protecting the Euro zone” due to its tough economic reforms, the government said Friday.
Tue, Apr 12, 2011
William and kate honeymoon down under could boost tourism
Prince William and his bride-to-be, Kate Middleton, may make Australia the destination for their royal honeymoon, a prospect that has tourism officials down under ready to fire up their barbies, according to The Telegraph.
Tue, Apr 12, 2011
Housing, energy costs worry israel cenbank
Persistantly high housing prices combined with rising food and energy costs led the Bank of Israel to raise its benchmark interest rate by a stronger-than-expected half-point last month, minutes of the discussions showed on Monday.
Tue, Apr 12, 2011