PropertyO News
Latest Property News, Jun 2009
Sri lanka: a new chapter
A new resort planned for Sri Lanka has particular importance - as it's the first of its kind since the end of the civil war and is to be constructed in the previously off-limits north of the country - in a bid to revitalise tourism...
Tue, Jun 30, 2009
This week's exchange rate news
Exchange rates have levelled out in the last week, and most are behaving in a "rangebound" manner as we await the next round of monthly data releases...
Tue, Jun 30, 2009
Holiday like a star
Michael Vaughan, Wayne Rooney and Joe Calzaghe, who own villas at Royal Westmoreland in Barbados...
Tue, Jun 30, 2009
Quintessentially mine
Aaron Simpson, Chairman of Quintessentially, the concierge firm, has spent an estimated £4.24 million buying a six-bedroom 400-year-old converted finca on Ibiza...
Tue, Jun 30, 2009
Full house
Sydney's rental vacancy rate is at its lowest level in 12 months, according to the latest data released today by the Real Estate Institute of New South Wales...
Tue, Jun 30, 2009
Asia ‘cautiously optimistic'
The general mood among US and European property executives who attended the Reuters Global Real Estate Summit was still somewhat subdued, according to a report from Reuters itself. Asian delegates are, however, beginning to experience a more upbeat mood in response to a projected upturn in the property market later during 2009...
Tue, Jun 30, 2009
Forced sales in auckland
Mortgagee sales in Auckland are the highest in New Zealand, with more than four times as many forced sales than a year ago...
Tue, Jun 30, 2009
State(ly) homes in nz
Tenants of state houses will shortly be given an opportunity to buy them in New Zealand. Housing Minister Phil Heatley has announced that houses will be offered to tenants at market valuations from September and Housing New Zealand will use the money to build new houses...
Tue, Jun 30, 2009
Largest transaction of ‘09
Deka has bought Deloitte House in Warsaw for £99 million in central and eastern Europe's largest office transaction of 2009...
Tue, Jun 30, 2009
Oz halves stamp duty
Come July 1st this year, all buyers of new homes in New South Wales, Australia, will be given a 50 per cent reduction in stamp duty in a bid to kick-start residential construction, jobs and economic activity across the state...
Mon, Jun 29, 2009