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Hollywood celebs fall prey to us housing collapse
From Scarlett Johansson to Nicolas Cage, it seems common folk aren't the only ones falling victim to overextension of credit during the US property boom.
Thu, Mar 24, 2011
Greek government plans mass sale of state property
In a bid to get its swelling national debt under control, the Greek government will offload a large proportion of its commercial real estate holdings and other state property assets.
Thu, Mar 24, 2011
Tourism to canaries rises after egypt, tunisia unrest
Revolutions in the two African nations have been beneficial for the tourist industry in Spain’s Canary Islands, which has posted a 13% jump in foreign arrivals in the year to date.
Thu, Mar 24, 2011
Cost cutting vacationers flock to home rental sites
A glut of second home owners looking to offset costs, combined with vacationers looking for a bargain alternative to hotel stays, is leading to a vast increase in the popularity of online holiday rental sites, reports the Dallas Morning News's Laura Daily.
Thu, Mar 24, 2011
New international airport planned for panama
The central American nation will get its second international airport in the beachside town of Rio Hato, serving to divert some of the heavy traffic currently concentrated around the commercial hub of Panama City.
Thu, Mar 24, 2011
Nightly rates rise across european hotels
Despite the economic downturn it seems demand for a European getaway is strong enough for hotels to keep on raising costs. According to new data from price comparison website Trivago, nightly rates rose 10 percent across the Continent's hotels in February, with cities in Turkey and Italy recording the biggest rises whilst London and Geneva retained their top spots in the price stakes.
Thu, Mar 24, 2011
Bordeaux shines after tourist makeover
The famous winemaking capital is reinventing itself with trendy new hotels, great wine schools and refurbished tourist attractions
Wed, Mar 23, 2011
Us real estate brokers plead guilty in auction scam
Two licensed real estate brokers in California have admitted to rigging bids at a series of foreclosure auctions in order to resell the properties for private gain.
Wed, Mar 23, 2011
Dubai apartment rents plummet by 30%
Rental prices in some of the emirate's most popular residential complexes have decreased by up to a third, reports the Real Estate Regulatory Agency.
Wed, Mar 23, 2011
French commercial property returns at record highs
Income return on commercial premises in France reached 5.8% last year, according to the bi-annual Property Index from financial database IPD France - in fact, the rate was the highest level in the index's three-year history.
Wed, Mar 23, 2011