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News Archives - October 2008

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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Cyprus 'safe from credit crunch'

The property market in Cyprus will not be brought down by the credit crunch, an expert has stated. Manager of property developer Cybarco Jonathon Salsbury said the market is less vulnerable than it wou....

Cyprus Flag Cyprus (31 October 2008) Full Story >>

 

Investment News

Perth tops popularity poll

Sample Image The city of Perth in Western Australia has been revealed to be the most popular city in the country in which to holiday. A poll by totaltravel.com of..... Full Story >>

Australia Flag Australia  (31 October 2008). 

 
Editors' Choice News

Morocco tipped as future hotspot

Sample Image Morocco could become a property hotspot as a result of its growth in popularity as a tourist destination, it has been stated. Chintan Mahida, a spoke..... Full Story >>

Morocco Flag Morocco  (27 October 2008). 

   
Commercial News

Unite Student Fund pursuing recovery of £30m of funds held by Landsbanki

Sample Image Student accommodation provider Unite is seeking to recover £30m of funds placed on a fixed term deposit with the London branch of Icelandic bank Lands..... Full Story >>

Iceland Flag Iceland  (21 October 2008). 

 
Other News

World's Next Great Cities

Sample Image Shenzhen's meteoric rise from obscurity to global prominence is related to China's rise. But it's also illustrative of how globalization turns seconda..... Full Story >>

China Flag China  (30 October 2008). 

   
Rental & Lettings News

Holiday home owners encouraged to rent out properties

Sample Image Owners of a holiday home in Italy have been encouraged to consider entering the rental market. Shelter Offshore said opening a property up to tenants..... Full Story >>

Italy Flag Italy  (17 October 2008). 

 
Funds News

Nakheel says it's approached by sovereign funds

Sample Image Top property developer Nakheel said it had been approached by Gulf sovereign wealth funds (SWF) keen to invest in the region amid the global financial..... Full Story >>

United Arab Emirates Flag United Arab Emirates  (21 October 2008). 

   
Mortgage News

Fear that mortgage lending will be negative

Sample Image Economists warn that more money is set to be taken out of the housing market than is being put back in, which may imply that home prices could go on f..... Full Story >>

United Kingdom Flag United Kingdom  (21 October 2008). 

 
Economic News

Federal Reserve in new rate cut

Sample Image The US Federal Reserve has cut its federal funds rate by 0.5 per cent again, taking the rate down to just one per cent. It is the second time in Octo..... Full Story >>

USA Flag USA  (31 October 2008). 

   
Legal News

OFT: Sale and rent causing ’serious harm’

Sample Image Cash-strapped homeowners considering selling their home and renting it back urgently need regulation to protect them, according to the consumer watchd..... Full Story >>

United Kingdom Flag United Kingdom  (20 October 2008). 

 
Tax News

US cities offer incentives for green property owners

Sample Image Those buying property in the US may get incentives to install a green roof. Such roofs, typically covered with plants such as water absorbent sedum, ..... Full Story >>

USA Flag USA  (08 October 2008). 

   
Currency Exchange News

Dollar's strength may not last

Sample Image The world, India included, has entered a period of substantially lower growth, which is likely to be prolonged because the balance sheet implications ..... Full Story >>

India Flag India  (21 October 2008). 

 
Construction News

Spanish construction sector output falls 8.4% in August

Sample Image Spanish construction sector activity fell by an annual 8.4% in August, according to the latest figures from Eurostat, the EU’s statistics office. Spai..... Full Story >>

Spain Flag Spain  (22 October 2008). 

   
Travel News

New flights may boost Canary Islands

Sample Image The property scene on the Canary Islands may be boosted by the launch of new flights to the archipelago by low-cost airline Ryanair. Liverpool John L..... Full Story >>

Spain Flag Spain  (30 October 2008). 

 
Technology News

Spanish properties a ‘popular internet search for investors’

Sample Image Buyers looking to purchase a property overseas are increasingly using the internet to find investments, according to experts in the sector.Global Edge..... Full Story >>

Spain Flag Spain  (07 October 2008). 

   
Environmental News

Big bills 'likely' for careless owners

Sample Image Property owners have been warned by one home improvement firm to expect big energy bills if they do not adopt energy-saving methods.... Full Story >>

United Kingdom Flag United Kingdom  (21 October 2008). 

 
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