Tuesday , 16 December 2025

Recent Posts

‘No spring boost yet for London property market’

Bloomberg London property asking prices slumped for a seventh straight month as sellers held off putting their homes on the market, according to Rightmove. The March report from the home-listing website shows that asking prices declined 0.6 percent from a year earlier in March, with the number of newly marketed properties falling 3 percent. Prices rose 0.6 percent from February, …

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HNA’s $2.2bn NYC tower a hard sell less than a year later

Bloomberg HNA Group Co. will be hard-pressed to get anything close to the $2.2 billion it paid for a Manhattan office tower during its real estate binge. In 2017, the Chinese conglomerate bought 245 Park Ave., a late 1960s-era building that’s home to JPMorgan Chase & Co., paying one of the highest prices ever for a New York office property. …

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Saudi tweaks loan deposit policy to allow more lending

DUBAI / Reuters Saudi Arabia’s central bank has instructed banks to change the way they calculate their loan-to-deposit ratios, giving greater weight to long-term deposits in order to permit more lending, according to a report on the Maaal financial news website. The new rules, set to come into effect in early April, will introduce a weighting system for calculating a …

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