PropertyO News
Commercial property, Aug 2009
China outpacing competition
Not only is the Chinese residential property market soaring, but now the latest figures show that the country's commercial real estate sector is performing above expectations too...
Fri, Aug 28, 2009
Dubai rents ‘plummeting'
Residential property rents in Dubai are continuing to plummet, according to the latest real estate report to be published but there are signs of some stabilisation...
Fri, Aug 28, 2009
History in the making?
An 81-year-old Auckland, New Zealand office block is being sold tomorrow but the Art Deco Society is lobbying to have it declared historic...
Thu, Aug 27, 2009
Wellie's big deal
One of this year's largest property sales has gone ahead - but to another buyer - NZ firm Kiwi Income Property Trust's sale of BP House on Customhouse Quay for $26 million was Wellington's second-largest deal this year...
Thu, Aug 27, 2009
Distressed rise
Over seventy five percent of countries are experiencing a rise in distressed commercial real estate sales, according to a new survey from the Royal Institution of Chartered Surveyors...
Fri, Aug 21, 2009
Oz builds on the up
Borrowing levels from housebuilders for the construction of new residential properties in Australia increased by 2.8per cent month-on-month in June, and is now up by in excess of 60per cent from its low of October last year, according to Australian Bureau...
Wed, Aug 19, 2009
Kicking off new interest
A projected shortage of hotel rooms to accommodate visitors during the Football World Cup next will drive greater demand for property in South Africa to rent, according to Zorgvliet property group in South Africa...
Wed, Aug 12, 2009
Tax breaks for india
Real estate developers in India are to get tax breaks if they complete projects by March 2010 as part of a major stimulus drive by the Government to boost the country's recovering economy...
Wed, Aug 05, 2009
Giant buys great barrier reef
A US company behind tourism operations at iconic destinations including the Grand Canyon, Niagara Falls and the Yosemite National Park has bought into Queensland's Great Barrier Reef...
Wed, Aug 05, 2009
World's tallest tower
The launch date for the world's tallest tower was finally made public yesterday, following months of secrecy...
Tue, Aug 04, 2009