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US Real Estate
Crown Estate Reports Record Profits
By
Allison Halliday
| July 7, 2011
Luxury Real Estate
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Real Estate
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US Real Estate
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World Real Estate
Gap Between Elite and Prime London Property Widens
By
Allison Halliday
| July 5, 2011
The price of truly elite property in London can increase by as much as £3,000 a square foot merely due to the presence of a doorman. Luxury property or prime property in Britain’s capital can cost anything from £1,000 to £4,000, but according to Knight Frank LLP it is the little touches that elevate a […]
Real Estate
,
US Real Estate
,
World Real Estate
Central London Luxury Real Estate Sales Predicted to Increase by 8%
By
Allison Halliday
| June 28, 2011
The prices of central London luxury real estate have been predicted to increase by 8% by the end of this year by Savills plc, even though they had previously predicted last November that prices would fall. This increase is due in no small part to overseas buyers continuing to take advantage of the weak pound. […]
US Real Estate
,
World Real Estate
London's Square mile could face new planning regulations
By
Allison Halliday
| June 20, 2011
A proposed relaxation of planning laws could undermine the reputation of London's Square mile, as it would allow office space to be converted into homes. It's being argued that this would affect the city’s competitiveness and world-class status. Peter Rees, city planning officer for the Corporation of London was speaking at an event organized by […]
International
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US Real Estate
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World Real Estate
Chinese search for overseas property
By
Allison Halliday
| June 15, 2011
Chinese investors are looking to spend some of their new-found wealth on a real estate abroad, with increasing numbers attending property exhibitions. While Hong Kong property has proved popular in the past, many Chinese now feel it is overvalued and are looking to alternative markets, especially cities which already have well-established Chinese populations such as […]
Real Estate
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Residential
,
US Real Estate
London Rental Costs Continue To Rise
By
Mike Wheatley
| June 14, 2011
Central London rents look set to increase by as much as 8% to 10% by the end of this year, putting huge pressure on their tenant’s finances, says a new report by property consultants in the UK. The latest report from Cluttons’ Residential Property Forecasts says that the growing demand for rental properties in London […]
Real Estate
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US Real Estate
,
World Real Estate
Foreigners spending billions on luxury London homes
By
Allison Halliday
| June 11, 2011
Savills plc recently released its "World in London" report, which says that foreigners will spend $6 billion on luxury homes in the UK capital this year, partially due its reputation as a financial haven and the continuing weak value of the pound. The pound has lost 18% against a number of currencies since the end […]
US Real Estate
Large Increase in £1 million Home Sales in 2010
By
Tavis J. Hampton
| May 2, 2011
Apparently, the rich continue to get richer, as the UK home sales figures from 2010 indicated that the number of homes priced at £1 million or more rose 54 percent over 2009 totals. 7,185 properties over the one million pound mark were sold in 2010, indicating that the high end of the housing market is […]
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