Europe > Real Estate

Real Estate in Europe

  • Improved liquidity, currency volatility can give Sub-Saharan Africa real estate markets a Boost

    KENYA, 2017/08/20 Real estate markets in Central and Eastern Europe (CEE) are seeing record levels of international capital inflow while a lot of markets in Sub-Saharan Africa are lagging behind. The new JLL Capital Markets research has identified liquidity and foreign exchange volatility as two key reasons impacting real estate capital flows into Sub-Saharan Africa real estate markets. A two-speed cycle appears to have evolved in emerging economies with some racing ahead and others lagging behind.
  • Investors spooked by Property Regulations in Africa

    CZECH, 2017/08/20 The African real estate market needs stronger regulations and a additional reliable policy of law in order to attract investment in the continent — Africa Property has learned. Various large Listed South African funds feel African real estate is a long term game hindered by weak laws. They need recourse if something goes wrong.
  • UK House Price Inflation Likely To Ease Further On Lower Buyer Demand

    UNITED KINGDOM, 2017/07/15 British home price inflation is likely to slow further in the coming months, as buyer request is still falling and credit conditions are unlikely to loosen, Hansen Lu, an economist at Capital Economics, said. The Halifax home price inflation moderated to 2.6 % in June from 3.3 % in May, data revealed on July 7. On a month-on-month basis, home prices fell 1.0 % in June, reversing a 0.3 % increase in the prior month. The decline was the initial since January. As a result, the quarterly rate of home price increase in the second quarter was -0.1 %, suggesting that prices have little upward or downward momentum, Lu observed.
  • Public debt for housing and utilities services in February up by 1% to Hr 13.5 billion

    UKRAINE, 2016/06/16   The deficit of the Ukrainian people for housing and utilities services in February 2013 grew by 1% compared to January 2013 and amounted to Hr 13.535 billion, the National Statistics Service has said. According to the service, an increase in the deficit was observed in 15 regions of the country. The average term of the public's deficit was 2.9 months.
  • Amid Barrage of Cuts, UK's Osborne to Increase Housing Spending

    UNITED KINGDOM, 2015/11/25 British finance minister George Osborne will announce increased spending on housing on Wednesday, saying the government will support private developers and local authorities to encourage the construction of around 400,000 new homes. The announcement is part of Osborne's broader plans for government spending which he is due to unveil later in the day. The spending review will detail four additional years of deep spending cuts in other areas of public spending. But, in line with promises to increase home ownership made by his Conservative Party before elections before this year, Osborne will offer a range of incentives to encourage affordable houses to be built.
  • Chinese property buyers are expected to invest $13.2 billion in the United Kingdom

    CHINA, 2015/11/24 Chinese property buyers are expected to invest $13.2 billion in the United Kingdom by 2020, projected an international real estate portal in its new statement. In 2014, the UK saw an estimated inflow of $3.12 billion investments from Chinese mainland buyers, as the country ranks the fourth popular international destinations part them, according to real estate search platform About 72 % of enquiries in London real estate were made by Chinese consumers, putting the city only next Sydney. "Wealthy Chinese have become the biggest and most rapidly growing consumers of international tourism, education, luxury goods, health care and –of course– real estate," said Andrew Taylor, co-CEO of
  • Spain's housing sales increase by 13.8 pct in Sept.

    SPAIN, 2015/11/24 Spanish housing sales rose by 13.8 % in September at the same time as compared with the same month of a year before, Spain's Statistical Office (INE) reported on Friday. A total of 30,711 operations were registered in September, the INE said, with sales of second-hand houses increasing by 36 % to a total of 24,600 purchases and sales of new houses falling by 31.3 % to 6,111 purchases at the same time as compared with September, 2014. Spanish housing sales have been rising for 13 consecutive months on a year-on-year basis. In the initial nine months of the year housing sales rose by 12.2 %, with sales of new houses decreasing by 35.3 % and sales of second-hand houses rising by 42.9 %.
  • Palazzo Versace luxury hotel and residence opens in Dubai

    ITALY, 2015/11/21 The luxury hotel built by the Enshaa Group - one of the leading developers in the Dubai real estate market - includes 215 rooms and 65 suites, with areas and furnishings designed under the artistic direction of Donatella Versace. The complex, located in Dubai's new Cultural Village, as well includes 169 private residences with one to six rooms ach, entirely decorated and furnished in Versace style. ''Versace is a fashion, luxury and lifestyle brand. Since the very beginning, Versace has understood different product categories - from clothes to accessories, from precious goods to the home collection - able to convey the brand's exclusive and iconic style,'' said Versace managing director Gian Giacomo Ferraris.
  • Spanish home mortgages increase by 21.8 pct in July

    SPAIN, 2015/09/29 The number of home mortgages granted to prospective buyers in Spain increased by 21.8 % in July at the same time as compared with the same month in 2014, according to data published on Friday by Spain's Statistical Office (INE). According to the INE, a total of 21,863 home mortgages were granted to prospective buyers in July, which meant a 21.8-% rise on a year-on-year basis and a 1.9-% rise on a month-to-month basis.
  • Israeli companies want to invest in Serbia Real estate

    ISRAEL, 2015/05/02 Israeli companies increasingly want to invest in Serbia, which best indicates that Serbia is on a good path out of several years of economic crisis, Israel's Ambassador to Serbia Yossef Levy said in Belgrade on Thursday. Israeli companies are mostly interested in construction of real estate property, retail parks, hotels and other facilities, inclunding in cooperation in the agricultural and IT sectors, Levy said.