iProperty Group Offers Online Property Investment Tools for Investors

iProperty Group, which owns numerous online real estate portals in Malaysia, Indonesia, Singapore, Hong Kong and Macau, has formed a partnership with Australia-based Real Estate Investar Group Pty Ltd (REI), to develop web based property investment tools in Singapore and other Asian markets. The partnership will allow the company to offer Asian investors a revolutionary and comprehensive suite of online property investment tools.

Three UK Property Fraud Stories

News from the UK tells of three former Cumbrian estate agents having admitted to defrauding clients of more than £250,000. Facing prison time for their actions, the husband and wide team of Gloucestershire admitted to the judge in the case charging clients for qualified surveyors when in fact the couple performed work themselves. The trio […]

UK Real Estate Recovery 2 Years Away, says Colordarcy

Just recently the real estate news from the UK has been looking pretty positive, as the latest Rightmove house price survey released at the beginning of this week shows the highest ever new seller asking prices for March with an increase of 1.7% on February’s prices. However real estate investment firm, Colordarcy thinks Britain isn’t out of the woods just yet.

Henderson Global Investors Announces New UK Industrial Fund

Henderson Global Investors (HGI) has announced the launch of an Industrial Income Fund in partnership Centurion Properties. According to the announcement they hope to raise £100 million from investors during the first three quarters of 2013.

Blackstone, Lone Star, and Starwood Eye Commerzbank UK Portfolio

In UK property news, Blackstone, Lone Star, and Starwood are reportedly interested in bidding on a huge UK portfolio of property loan bank Commerzbank AG’. If the deal bidding is won at the suggested level of £5 billion, it would be the largest portfolio of assets of a kind sold in Europe since the 2oo8 financial crisis began.

Quadrant Estates Ventures Heat Up UK Market

According to news from Quadrant Estates, venture partners CarVal Investors, Orion Capital Managers, and the City of London Corporation announced the appointment of Skanska as building contractor at 100 Cheapside prime office development in London (illustration below). The 100,000 sq ft prime space, estimated to cost £28 million when completed in autumn 2014, is situated in the center of London, between the Bank of England and St Paul’s on the corner of King Street.

CIH Report Shows Young People Locked Out of UK Housing Market

A report from the Chartered Institute of Housing (CIH)shows how ownership amongst young people in England has dropped by a third during the past two decades. In 1992 67% of people aged between 25 and 34 owned their own home, compared to just 43% in 2012.

UK Real Estate Market Hotting up Towards Spring

Figures from the Agency Express Property Activity Index showed the UK real estate market is already exiting the winter lull. January showed encouraging signs of growth, and this has been backed up by figures for February.

Crown Paints Participates in Recycling Scheme

Most people have half empty pots of paint languishing in their sheds and garages, but Crown Paints is a supporting partner of Climate Week and is opening the doors of its network of 119 decorating centres throughout England and Wales and Scotland. This will enable people to return their surplus paint for recycling. It’s all part of their ‘Kick out the Can’ scheme.

CBRE Names Chris Brett Head of UK International Investment

Yesterday, CBRE appointed former LaSalle Investment Management exec Chris Brett as Head of International Investment for its UK business. Brett will head a new arm of CBRE in advising international investors wanting access to commercial real estate opportunities withing the wider UK market.

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