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Japan housing market may get boost from negative bank rate

BLOOMBERG The Bank of Japan’s adoption of negative interest rates two weeks ago hasn’t provided a lasting boost to stock investors or weakened the currency, but it has spurred some optimism for the housing market. With interest rates and bond yields dropping to record lows due to the BOJ’s decision, the Japanese people are starting to notice. Shinsei Bank Ltd. ...

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RAK Properties appoints leading architecture & interior design firms

RAS AL KHAIMAH RAK Properties, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, has announced that it has appointed award-winning American firms Perkins Eastman and Wilson Associates to provide their world-renowned expertise in architecture and interior design to Anantara Mina Al Arab Ras Al Khaimah Resort which is set to open in 2018. New York ...

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Central London property losing sheen as bears move in

Bloomberg Landlords owning some of central London’s most valuable real estate, a haven for investors for the past five years as they sought to combat record-low interest rates, have fallen into the grip of the bears. Land Securities Plc, Workspace Group Plc and British Land Plc, declined more than 24 percent in London trading since October 28, when the FTSE ...

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