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Archive → January, 2011

Moscow ranked as Europe’s 3rd largest property investment market in 2010

Moscow ranked as Europe’s 3rd largest property investment market in 2010
Moscow became Europe’s third largest property investment market after London and Paris in 2010, Cushman&Wakefield real estate consulting firm said in its survey on Thursday.

Read more on Russian Information Agency Novosti

Rental Market Provides Relief, Even for Luxury Homeowners

Rental Market Provides Relief, Even for Luxury Homeowners
The depressed housing market has caused numerous economic problems, including high foreclosure rates, and even unemployment. A surprising bright spot in the housing market is the strong rental market, which is providing even luxury home sellers with a respite from the shackles of properties they can’t sell. By Dave Borden, Free Rental Site. (PRWeb January 27, 2011) Read the full story at …

Read more on PRWeb

Slow sales, property glut hit Mirvac Group’s bottom line

Slow sales, property glut hit Mirvac Group’s bottom line
Mirvac Group’s shares fell more than 2 per cent after the real estate developer announced a provision of $215 million due to slow sales and a regional market property glut.

Read more on Business Day

China to expand property controls: report

China to expand property controls: report
China is to expand its limits on property purchases to second and third-tier cities, a report said Sunday, as it steps up efforts to cool its real estate market.Authorities have drawn up a list of cities …

Read more on Yahoo!7 Finance

Lobbyists win reprieve for property tax reliefs

Lobbyists win reprieve for property tax reliefs
SECTION 23:PROPERTY INVESTORS have been granted a reprieve in the Finance Bill, with the restriction of section 23-type tax reliefs being postponed until at least 2012.

Read more on The Irish Times

Local Real Estate Market Shows Increase In Homes Sold And Median Price

Local Real Estate Market Shows Increase In Homes Sold And Median Price
The local real estate market showed a uptick during December in both number of homes sold and median price, according to data released by the Multiple Listing Service (MLS) of the Greater Chattanooga Association of Realtors.

Read more on The Chattanoogan

How to challenge property values

How to challenge property values
Property owners could lower their tax bills if they succeed in challenging the value of their properties.

Read more on The Cleveland Plain Dealer

Landmark Advisory: Boost for Dubai Property Market as Relative Stability Emerging for some Selected Assets

Landmark Advisory: Boost for Dubai Property Market as Relative Stability Emerging for some Selected Assets
Dubai, United Arab Emirates – 16 January 2010: Landmark Advisory, one of the leading real estate consultancy companies in the Middle East, today released its January Dubai sales guide for Dubai which indicates that sale prices are likely to continue declining in the first quarter of 2011, particularly for medium and low quality units, due to the ongoing demand for high quality.

Read more on Zawya

Tough new measures to cool property market

Tough new measures to cool property market
THE Government announced on Thursday the fourth round of property cooling measures to ‘maintain a stable and sustainable property market’. They include:

Read more on Straits Times

Camden Property Trust Announces Fourth Quarter 2010 Earnings Release and Conference Call Dates

Camden Property Trust Announces Fourth Quarter 2010 Earnings Release and Conference Call Dates
Camden Property Trust today announced that its fourth quarter 2010 earnings will be released after the close of market on Thursday, February 3, 2011. Management will host a conference call on the following day, Friday, February 4, 2011 at 11:00 a.m.

Read more on Business Wire via Yahoo! Finance