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Real Estate News


Property News from Wall Street Journal

  1. Hotels Poised to Shed Properties
    With the U.S. hotel market recovering, some of the country's largest hotel companies are ready to resume their efforts to divest themselves of real estate.
  2. Hammerson Redeploys in Search for Growth
    The U.K. office and retail REIT's strategy is to sell mature properties in order to raise cash for new investments.
  3. SL Green Sale Signals Pickup in New York
    German company Deka Immobilien Investment will buy 19 West 44th St. for $123.2 million, or about $422 a square foot.
  4. Builders Walk Away From Land Deals
    Some home builders are re-examining land contracts, asking sellers for lower prices or abandoning deals entirely.
  5. Toll Sails Against Some Headwinds
    The luxury-home builder plans a tony development along Florida's Intercoastal Waterway.

Property News from the Financial Times

  1. Shareholders back Minerva board

    Minerva, the London developer, has survived the latest attempt to oust its management by Nathan Kirsh, the South African billionaire, after a majority of shareholders supported the board
  2. Lloyds to sell Crest Nicholson stake

    The lender is to sell its interest in bank-owned housebuilder Crest Nicholson, marking a significant step in its move to reduce exposure to the distressed property sector
  3. Fannie / Freddie

    The GSEs are still in limbo two years after conservatorship
  4. Dubai Holding unit defers loan repayment

    The non-financial arm of Dubai Holding, a conglomerate owned by the emirate's ruler, will delay payment – for the second time – on a $555m loan until November 30
  5. Top-end retailers snap up Bond St premises

    Upmarket retailers are linked to more than £250m of the acquisition of properties around the prime West End spot as demand for luxury goods grows
  6. Commercial real estate

    The yield differential between US commercial real estate and Treasuries is the widest since the financial crisis
  7. How huge houses consume fortunes

    Cheap housing, like cheap oil, or cheap food, is good. Huge houses don't preserve fortunes, they consume them, writes John Dizard
  8. Many bright spots forming on infrastructure horizon

    Infrastructure sales and investment are surprisingly buoyant in the post-financial crisis period
  9. Rebranded City is not shocked by the new

    Peter Rees has done much to help shape the modern financial capital, with a focus as much on the open spaces and sheltered walkways that keep the City humming
  10. New homes data spell declining market

    The recovery in house building appears to have halted as an industry survey, which measures the number of people reserving new homes to buy, dropped to its lowest level on record

Your Home & Mortgage News From The Financial Times

  1. Big six dominate mortgage market
    The six big high-street lenders accounted for over 90 per cent of all mortgages advanced in 2009, as competition and consumer choice continued to be constrained by the credit crunch
  2. Warning over housing benefit cuts
    The British Property Federation (BPF), which represents property investors, warned on Tuesday that the government's proposed cuts to housing benefits are a "recipe for destitution" that would hamper economic recovery across the country
  3. Halifax offers rate cuts on mortgage deals
    Halifax is offering borrowers a reduction of 0.30 per cent off their mortgage rate until the end of 2011 if they apply for a mortgage from the lender this month
  4. Bank signals curb on high loan-to-value borrowing
    High loan-to-value mortgages could be even scarcer in the future if the Bank of England introduces a cap on mortgage lending as part of a range of new measures to stop risky lending
  5. Home energy watchdog investigates misselling
    Ofgem has told consumers to get in touch if they have concerns about the sales practices of energy suppliers
  6. Price rises for the home alone
    Owners of detached houses have seen the value of their properties rise by more than any other type of home over the past year – and analysts warn that the performance of different property types is likely to continue to diverge
  7. Warning on property schemes
    First-time buyers are being warned that unregulated schemes that offer the chance to rent a property with an option to buy it are a 'disaster waiting to happen'
  8. IHT ruling spells relief for landowners
    Traditional estate landowners were given good news last week after a tax tribunal in Scotland rejected an appeal from HM Revenue & Customs (HMRC) that could have landed many rural estates with huge inheritance tax (IHT) bills
  9. Prime property prices fell in August
    The average price of prime property in the UK fell by 0.3 per cent in August, further evidence that the strong recovery in the prime property markets has stalled
  10. UK housing market recovery slows
    UK house prices rose modestly in July although the rate at which the housing market is recovering is slowing, official data show

Property News from Times Online