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News Archives - January 2009

We source and regularly update only the most relevant property news items from across the world and place them at your fingertips...

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Investment falls in Dubai real estate

Investment in Dubai's real estate sector during the final quarter of 2008 fell compared to statistics from the previous quarter, new data has revealed. The figure exceeded DH 58 billion (GBP 11 billion....

United Arab Emirates Flag United Arab Emirates (30 January 2009) Full Story >>

 

Investment News

Carnival season attracting visitors to Brazil

Sample Image The number of foreign visitors heading to Brazil is set to increase when the world-famous Rio de Janeiro Carnival gets underway next month. Described..... Full Story >>

Brazil Flag Brazil  (29 January 2009). 

 
Editors' Choice News

Costa del Sol to receive 5.6 million euro investment

Sample Image The Costa del Sol's coastline is to be improved with 5.6 million euros of investment, it has been reported. According to Euro Weekly News, beaches bet..... Full Story >>

Spain Flag Spain  (29 January 2009). 

   
Commercial News

Wincrest Homes in liquidation

Sample Image Building company Wincrest Homes has announced the company is going into voluntary administration.... Full Story >>

Australia Flag Australia  (29 January 2009). 

 
Other News

City of London Lord Mayor Visits Cyprus (29 January 2009)

Sample Image The Lord Mayor of the City of London, the Rt Honourable Alderman Ian Luder, visited Cyprus from 26th to 28th January 2009... . Full Story >>

Cyprus Flag Cyprus  (29 January 2009). 

   
Rental & Lettings News

Rents climbing at 20-year highs

Sample Image Rents across Australia are growing at their fastest annual rate since 1989.... Full Story >>

Australia Flag Australia  (29 January 2009). 

 
Funds News

Hedge funds offers to price in gold

Sample Image A hedge fund has begun offering investors the chance to have their investment denominated in gold, as worries grow over governments debasing their cur..... Full Story >>

United Kingdom Flag United Kingdom  (29 January 2009). 

   
Mortgage News

UK house price slump continues

Sample Image The slump in the UK's residential property sector continued in January with prices falling by 1.3%, according to the latest figures published today........ Full Story >>

United Kingdom Flag United Kingdom  (29 January 2009). 

 
Economic News

Spain enters "painful" recession

Sample Image Spain's economy has fallen into a recession for the first time since 1993, new figures from the country's central bank have revealed. According to th..... Full Story >>

Spain Flag Spain  (30 January 2009). 

   
Legal News

Beijing suspends restrictions on foreign buyers

Sample Image In an attempt to boost the property market, Beijing is reportedly moving to ease restrictions on international buyers.... Full Story >>

China Flag China  (28 January 2009). 

 
Tax News

Tips on Taking the New First-Time Homebuyer Tax Credit

Sample Image Under the Housing and Economic Recovery Act enacted in July 2008, a first-time homebuyer of a principal residence may claim a tax credit of 10 percent..... Full Story >>

United Kingdom Flag United Kingdom  (26 January 2009). 

   
Currency Exchange News

Bank rally lifts sterling

Sample Image The pound advanced on Wednesday as UK banking stocks surged higher following an upbeat assessment of Lloyds Banking Group.... Full Story >>

United Kingdom Flag United Kingdom  (28 January 2009). 

 
Construction News

UAE developer halts new builds

Sample Image One of the UAE's major property developers has had to delay construction on a number of new projects due to the economic downturn. Sorouh, Abu Dhabi'..... Full Story >>

United Arab Emirates Flag United Arab Emirates  (30 January 2009). 

   
Travel News

Transport hit amid French strike

Sample Image Hundreds of thousands of French public and private sector workers begin a one-day strike, causing disruption to trains and flights.... Full Story >>

France Flag France  (29 January 2009). 

 
Technology News

Danes take on Norway with boliga.no

Sample Image Danish property search engine boliga.dk has launched in Norway. boliga.no joins boliga.se, which was launched in Sweden in 2008.... Full Story >>

Denmark Flag Denmark  (29 January 2009). 

   
Environmental News

Japanese energy companies want to construct wind farms in Bulgaria

Sample Image Several big Japanese energy companies declared their interest in building wind farms in Bulgaria during a Tokyo-held Bulgarian-Japanese business forum..... Full Story >>

Bulgaria Flag Bulgaria  (29 January 2009). 

 
Fractional Ownership News

Fractional ownership 'will increase in popularity'

Sample Image The popularity of fractional property ownership schemes is set to increase during 2009, it has been claimed. According to one foreign property specia..... Full Story >>

Bulgaria Flag Bulgaria  (28 January 2009). 

   
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