• Dubai property prices decline at an accelerated pace

    Dubai property prices declined at an accelerated pace in the third quarter, says report Dubai property prices declined at an accelerated pace in the third quarter, with off-plan sales volumes impacted the most amid general market uncertainty, according to property consultancy Chestertons. Average sales prices for apartments and villas have ...
  • U.K. home sellers cutting homes’ listing prices at near-recession levels

    Home sellers in the U.K. are cutting their homes’ listing prices at levels not seen since 2009 Sellers in the U.K. are cutting their homes’ listing prices at a frequency not seen since 2009, according to the Asking Price Index report released Friday from Home.co.uk. Last month, 16% of mainland ...
  • Slump in China car sales has global impact

    A slump in China car sales has adversely affected the global car industry Car sales in China fell 11.6% in September to 2.4 million – the third month in a row of year-on-year decline. The deceleration comes amid a slowdown in China’s economy and has pinched performance at vehicle manufacturers ...
  • Lloyds grants BlackRock with £30bn investment contract

    BlackRock has been selected by Lloyds to run £30bn of index strategies for Scottish Widows BlackRock has been selected by Lloyds to run £30bn of index strategies for Scottish Widows, part of a £109bn investment contract set to be withdrawn from Standard Life Aberdeen (SLA), as the groups work together ...
  • UK remains Europe’s prime investment destination for Venture Capital (VC)

    The UK remains Europe’s prime investment destination for Venture Capital (VC), according to latest research The UK remains Europe’s prime investment destination for Venture Capital (VC), according to latest research by KPMG Enterprise. A total of £1.4 billion was invested by VCs into UK startups across 200 deals in Q3 ...
  • Ascent Industries forms strategic alliance with company specialising in Cannabis real estate

    Ascent Industries announced that it had entered into a strategic alliance with Green Sage LLC, a Colorado- and California-based real estate investment firm that specialises in cannabis real estate development. It said the relationship with real estate investment firm, Green Sage, will help accelerate the firm’s ability to finance its ...
  • Hammerson sale shows foreign investors keen on UK real estate despite Brexit

    Hammerson’s sale of its stake in a major shopping centre shows that foreign investors are keen on UK real estate despite Brexit Hammerson’s sale of its stake in a major shopping centre in Leicester shows that foreign investors are still keen on UK real estate despite Britain’s unsettling move towards ...
  • Young people in the UK less likely to own their own home

    Young people aged 22 to 29 years are less likely to own their own home, with the proportion of home owners down by 10%, official figures show Young people aged 22 to 29 years have become less likely to own their own home, with the proportion of home owners down ...
  • UK to impose higher taxes on foreign properties buyers

    Britain’s high-end and luxury homebuilders face a squeeze as the prime minister prepares to impose higher taxes on foreigners looking to buy properties in the UK Overseas buyers account for roughly half of all residential transactions in central London, according to Faisal Durrani, head of research at property consultants Cluttons ...
  • Nissan warns against hard Brexit

    Nissan has warned of the effects of a no-deal Brexit The number of total vehicles registered was down 20.5% on the same period in 2017 at 338,834, the Society of Motor Manufacturers and Traders said. Carmakers had struggled with “a raft of upheavals” including adjusting to stricter emissions standards, it ...