All Property Week articles in 12 December 2008
View all stories from this issue.
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Online
APC Advice - Week 23: Supervisor and counsellor review (part 2 - candidate preparation)
Jon Lever describes your role and preparation leading up to the 12-month meeting, and Ben Elder looks at the competency on research methodologies and techniques
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Nordic Property Market - December 2008
The breakdown of the global financing system has choked the access to credit for consumers, companies and property investors.
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Big Box Poland - Market Report Q3 2008
The third quarter of 2008 brought a lot of uncertainty in terms of the further development of Poland's property market.
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News
Japan housing agency seeks new model
The Japan Housing Finance Agency, with $429bn in assets, said it needs a new business model after copying the failed practices of Fannie Mae and Freddie Mac.
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Obama appoints NY housing chief to run Federal housing body
President-elect Barack Obama has picked New York City housing commissioner Shaun Donovan to be secretary of housing and urban development, a post that Obama said would play a lead role in his administration's efforts to stem the rising tide of foreclosures and rebuild the nation's efforts to expand homeownership.
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Fannie Mae gives respite to renters
In a move that provides relief to thousands of renters who face eviction but draws the federal government even deeper into the housing market, the loan giant Fannie Mae said Sunday that it would sign new leases with renters living in foreclosed properties owned by the company.
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Japanese business confidence 'plunges'
Business confidence among big Japanese manufacturers plunged at the fastest pace in more than three decades as the economic crisis deepened, a central bank survey showed.
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Banks set to back Centro
Bankers to the financially stricken Centro Properties are expected to sign a deal today that will throw the giant retail landlord a financial lifeline.
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Projects near railways seen as best Hong Kong bet
Luxury and mass residential properties located near new railway projects will enjoy a higher upside potential than other properties once the market recovers, property analysts project.
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Henderson to test HK market with discounts
Hong Kong's third-biggest property developer, Henderson Land Development, is poised to test the market with a limited release of discounted units in 10 residential projects it built on the mainland over the past three years.
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Builders slow construction pace
Dubai builders are in talks to slow down the pace of construction on many contracts to give developers more time to raise finance and avoid having to make more drastic adjustments to their plans.
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Sovereign funds to buy more property assets
Sovereign wealth funds could buy as much as US$725bn (Dh2.66tn) worth of global property assets by 2015, according to a new report.
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House prices will fall 30% says Barclays chief
House prices will fall a further 15% next year, the head of the high street bank Barclays claims today.
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UK 'best value' says LaSalle
The UK commercial property market has become best value in the world for investment, according to the annual strategy review by global property fund manager LaSalle Investment Management.
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Prime mortgage arrears at 8 year high
Prime mortgage borrowers are struggling to keep up their payments – the proportion of top-quality loans held in asset-backed securities that are at least one month in arrears has risen 50%.
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Agents fear rent collapse stymied sellers flood market
People who are unable to sell their properties because of the collapse of the residential sales market are now flooding the lettings sector with unusual, high-specification homes that are often being offered to tenants at bargain prices.
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Docklands homes flood market
City workers are rushing to offload their Canary Wharf apartments amid job losses in the financial sector, according to figures from Rightmove.
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US policy makers ponder more house market aid
An intensified effort to exploit government control of Fannie Mae and Freddie Mac to drive down US mortgage costs and cushion a decline in house prices could start soon.
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Invista chief tipped for British Land top job
Duncan Owen, chief executive at listed fund manager Invista Real Estate Investment Management, is a shock candidate for the top job at British Land.
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Straw slammed over refurb costs
The Ministry of Justice has been accused of wasting a 'colossal' amount of taxpayers’ money after spending more than £130m refurbishing an old office block for its new headquarters.