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Real Estate in Western Europe

  • Cameroonian Housing and Urban Development Minister, Jean Claude Mbwentchou

    GERMANY, 2014/03/07 Received by the Cameroonian Housing and Urban Development Minister, Jean Claude Mbwentchou, on March 5, 2014, heads of Vital Capital Fund, a Swiss investment fund, have announced an agreement with Deutsche Bank, to finance the construction of 40,000 low-income housing units in Cameroon. The Cameroonian State and the investment fund had already signed an agreement of this nature in October 2013 in Yaoundé. This earlier agreement included the building of 40,000 homes in tranches of 5,000 in some towns and cities in Cameroon where the low-income housing deficit is estimated to be one million units.
  • World Habitat Day: UN officials call for improved urban resilience, mobility

    WESTERN ASIA, 2013/10/08 Un officials have stressed the need to ensure that cities become additional resilient to natural disasters inclunding provide their citizens with methods of alternative transportation to thrive. The PANA Correspondent in New York reported that the officials made the call in messages to mark the World Habitat Day, observed annually on the initial Monday of October. In his message, UN Secretary-General Ban Ki-moon stated: 'As the effects of climate change increase, urban resilience becomes ever additional necessary.' He said: 'All actors need to work together to save lives, protect assets and guarantee services at the same time as disasters strike', saying that, 'planning is essential to boost the resilience of cities.'
  • Switzerland Property Market Bubble

    SWITZERLAND, 2013/02/14 Swiss banks will presently have to set aside additional capital as buffer against risks stemming from surging prices in the housing market and huge mortgage deficit. Following a conference on Wednesday, the Federal Council ordered banks to create a capital buffer equivalent to 1 % of their risk-weighted, direct or indirect mortgage-backed positions secured by residential property in Switzerland. Banks are instructed to comply by September 30.
  • Jean-Christophe Tinoy CEO's GUEPARD real estate 2012-03-19

    FRANCE, 2012/03/19