Builders Say Britain Needs More Energy Efficient Homes



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The Federation of Master Builders (FMB) thinks making Britain’s homes more energy efficient should be supported with measures included in the UK’s upcoming budget. By adopting such measures, the British government would boost the construction industry and help householders deal with the issue of rising fuel bills. Brian Berry, chief executive of the FMB, warns that over nine million British households might be in fuel poverty by 2016 some nine million British households could be in fuel poverty.

Guardian Real Estate Services Promotes Social Equity and Diversity Policy



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West Coast property management and development company Guardian Real Estate Services (Guardian) has taken action to express their long standing concern with social issues and has made a formal commitment to increase diversity in its workforce and supply chain.

Home Affordability on the Rise throughout the USA



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Home affordability in the US is on an upward trend, as 74.9% of homes sold in the fourth quarter of 2012 were deemed affordable to families with a US median income of $65,000, up from the 74.1 percentage of the previous quarter. These are the findings of the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).

InterRent Makes $18.3 Million Invesments in Ottawa Properties



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InterRent Real Estate Investment Trust has announced its intention to invest in the Canadian property market as it agreed to acquire two properties in Ottawa’s west end. The value of this deal involving two ideally located properties is of $18,350,000. The acquisitions are to be financed through CMHC insured first mortgages. Situated in the Crystal Beach neighborhood, […]

UK Remortgaging Took Plunge in 2012, Research Shows



Lloyds TSB

In 2012, UK remortgaging activity dropped steeply compared to the levels seen at the start of 2008, showed the latest research on the topic published by Lloyds TSB. Remortgages represented 51% of total mortgage lending between January 2008 and October 2008 and fell last year to only 24%.

Praxair to Finalize Investment in NuCO2 Acquisition in Q1 of 2013



Eduardo Menezes

Praxair has recently announced it had agreed to buy NuCO2, one of the top providers of beverage carbonation solutions to the restaurant and hospitality industries in the US.  To make this acquisition, Praxair paid $1.1 billion in cash to the company’s owners, private equity firm Aurora Capital Group. NuCO2 employs a staff of 900 who cater […]

Spanish Real Estate Company Reyal Urbis Files for Insolvency



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Spanish property firm Reyal Urbis has filed for insolvency today after a failed attempt at renegotiating its debts to its creditors, thus becoming the latest company to crack under the pressure of the country’s real estate market dire circumstances. The company’s debt at the end of September 2012 was of 3.6 billion euros.

China Vanke Expands to the US with San Francisco Property Deal



Vanke Chairman Wang Shi

China Vanke Co, the largest Chinese stock exchange listed developer, has just closed its first property deal in the US real estate market, acquiring 70% of a residential project in San Francisco owned by Tishman Speyer Properties LP. The two companies signed the deal on February 12, but didn’t make the details public.

Survey Shows Growing Optimism about Home Prices among UK Homeowners



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The majority of UK homeowners things residential real estate prices will go up in 2013, as shown by the latest House Price Sentiment Index from property consultants Knight Frank and economics consultancy Markit, an index considered one of the most accurate in predicting house price trends.

UK Farm Land Prices Will Continue to Rise in 2013



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Farm land prices in England and Wales have reached record highs in last year’s second half and are still expected to go up in 2013, according to the Rural Land Market Survey freshly released by the Royal Institution of Chartered Surveyors. Average farm land prices per acre were up to £6,783 in Wales and England, driven by increasing demand for commercial farmland in the second half of 2012 and will continue to rise this year.