While most investors focus on one real estate sector, the Chicago real estate firm Speedwagon Properties paid $135.5 million for 16 real estate properties ranging from shopping centers, apartments to office property. The bold real estate firm purchased these properties from family-owned business Raymond & Associates, founded in 1962. The portfolio includes a 64,000-square-foot office building in...
Australia has seen an increase of 10% more young Aussieâs living at home, with their parents from 1997 to 2013 (see Figure 1 below).The 10% increase is made up of both those who have never left home (e.g. dependant students still in high school or studying at the local university), and those who have left the nest but have returned later (e.g. left home to go to university or left home to work...
European and US real estate stand to benefit from the $billions being spent by Chinese property investors. They are now leading the way in investing in international real estate markets. The China influence could prove to be one of the biggest factors in helping the US and European property sectors rocket in the next 12 months. Investment coming from China has the real potential to have huge impact on the...
The overseas property market is showing genuine signs of improvement, with France, Italy, Portugal and Spain all with positive trend reports. International buyers however still appear to lack knowledge that could turn a purchase into a real bargain. We examine the European housing markets that international buyers are now returning too. When a bargain is not a bargain Itâs been a buyers market...
Portugal is using its Golden Visa scheme to encourage investors to help regenerate Lisbon. Following the recession of 2008, much of the capital's city centre fell into disrepair as both businesses and people left the city. Developers have targeted these areas over the last few years, renovating historic properties and even entire districts, upgrading real estate to international standards,...
Home staging. Between the complicated legal process of selling your home and the hassle involved in listing it on the market in the first place, staging a property is something that people can either forget about or dismiss. But there are many benefits to be had from staging your home. Deciding whether to stage or not to stage? We answer all the questions you have. What is...
Sales of homes in the US are being held by low supply levels. Pending home sales slipped in June 2015, according to the National Association of Realtors, reversing five months of growth in a row. The NAR's index, which is based on contract signings, fell 1.8 percent from May's nine-year high, but remains 8.2 per cent above the levels recorded in June 2014. Indeed, despite...
David Cameron has announced a crackdown on corrupt investment in UK property. This year has seen the subject of potentially dodgy money being invested in the country's real estate raised multiple times. A recent Channel 4 documentary, From Russia with Cash, saw an undercover journalist approach estate agents pretending to be a Russian politician with stolen money to launder in...
British buyers of property in Europe are enjoying a bonanza of bargains, thanks to the pound recently reaching an eight-year high against the euro. The strong sterling against the weak euro has led to extremely favourable conditions for property hunters on the lookout for a holiday home or a good value luxury investment. Indeed, since the start of November 2007, on a â¬500,000...
Irish property has the fastest rising prices in Europe, according to official statistics. The latest data from Eurostat shows that European property prices edged up 0.9 per cent between January and March 2015, compared to the previous quarter, and by an even higher 2.5 per cent compared to the same quarter in 2014. House prices in the eurozone climbed by a smaller 0.3 per...
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