Recent Posts

London realty market faces ‘major shock’ after tax rises

  Bloomberg London’s housing market is facing a “major shock” as private landlords offload properties because tax increases will reduce returns on their investments to near zero, according to analysts at Deutsche Bank AG. New lending rules will also severely restrict the ability of investors, who have accounted for about 40 percent of purchases in recent years, to fund property ...

Read More »

China May home prices rise in fewer cities amid slower sales

  Bloomberg China’s home prices rose in fewer cities in May than the previous month, with gains in some second-tier locations surpassing those in Shanghai and Shenzhen. New-home prices excluding affordable homes climbed in 60 cities, down from 65 in April, among the 70 tracked by the government, the National Bureau of Statistics said on Saturday. They dropped in four ...

Read More »

Popular raises $2.8 billion in share sale for property cleanup

  Bloomberg Banco Popular Espanol SA raised €2.5bn from a sale of new shares, as the Spanish lender seeks to draw a line under losses stemming from the country’s property crash. Popular sold 2 billion new shares in the capital increase, which attracted total investor demand of €3.4 bn, or 136% of the amount raised, the bank said. Popular is ...

Read More »
Send this to a friend