All Property Week articles in 01 May 2009 – Page 4
-
Online
Scarborough plans new phase at Thorpe Park Leeds
Kevin McCabe’s Scarborough Group International has drawn up a masterplan for the second phase of Thorpe Park Leeds.
-
OnlineIan Solley returns to Dunedin
Ian Solley is returning to Dunedin to focus on generating new business for Dunedin’s asset and property management platform.
-
Online
BOJ cuts GDP forecast
The Bank of Japan on Thursday lowered its economic growth forecast for the current and 2010 fiscal years and revised its inflation outlook downward amid the global recession.
-
Online
Signs of revival in Indian house market
Early signs of deal-making in apartments during the first quarter of 2009 show a possible revival of demand in the real estate sector, say some analysts.
-
Online
Affleck and Garner spend $17.5m on new home
Ben Affleck and Jennifer Garner have bought movie producer Brian Grazer's Los Angeles house for roughly $17.5m, according to two people familiar with the deal. That's about 40% less than Grazer's original asking price, $27.5m.
-
Online
Senate rejects Obama mortgage scheme
President Obama lost his first big legislative fight Thursday when the Senate failed to pass a measure that would allow bankruptcy-court judges to reduce the value of some mortgages.
-
Online
Victoria wants end of stamp duty
The states would scrap all stamp duties in exchange for a $20bn a year share of income tax revenue under a radical revamp of fiscal relations put to the Rudd Government's tax review.
-
Online
Japanese bank calls in Galileo loan
The Japanese lender to Australia's pioneer Japanese property trust yesterday pulled back Y800 million ($11.1m) in cash.
-
Online
Australian bubble 'set to burst'
First home buyers are leaping aboard a sinking ship, with house prices set to fall about 20% in the next two years, an Australian National University economist says.
-
Online
Brisbane house prices continue fall
House prices in Brisbane have dropped half a per cent in the March quarter, the fourth consecutive fall in value, steeper than the national average.
-
Online
Emaar and Nakheel profits plunge
Two of Dubai’s biggest property developers, Emaar Properties and Nakheel, recorded sharp profit declines today.
-
Online
Gulf-wide rental index urged
Property experts across the Gulf on Thursday called for the introduction of a rental index similar to Dubai’s, as values plummet across the region.
-
Online
UK firm to build Syria's biggest hotel
UK consultancy and construction firm Mace Group announced on Thursday it had won a management contract on a project to build the biggest hotel in Syria.
-
Online
Pension funds to become residential landlords
Pension funds and other investment groups will be encouraged to become landlords of big residential estates under government plans to alleviate the housing crisis through the creation of an institutional private rented sector.
-
Online
LandSecs to co-invest in retail
Land Securities is to co-invest in new retail ventures looking to open in the UK as part of an innovative strategy to help fill its shopping centres.
-
Online
Taylor Wimpey chief questions house valuations
The head of Britain’s biggest house builder, Taylor Wimpey, says he is 'concerned and frustrated' by the valuation of houses in the UK, warning that it is costing the company sales as cautious lenders put pressure on valuers.
-
Online
Westfield centre to cut service charges
Westfield has backed down in a dispute with tenants over service charges amid signs that it is suffering in the economic downturn.
-
Online
House prices slides ease
Hopes of a quick turnround in the housing market were dashed yesterday after two new surveys underscored the continued decline in UK house prices, with the average home now changing hands at prices last seen in 2004.
-
Online
Property holdings cut
Research by CBI/GVA Grimley showed companies have reduced their property holdings in the past six months.
-
Online
Hammerson occupancy down
Hammerson said that its occupancy rate had declined to 92% as of March 31, from 95% on December 31.
