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Bulgaria in eurozone waiting room
Bulgaria is about to fulfil the Maastricht criteria to enter the euro zone, as the country's inflation rate will fall to 2.5 per cent at the end of 2009 from 7.8 per cent in 2008, the Governor of its central bank, Ivan Iskrov, is quoted as saying...
Tue, Mar 10, 2009
Gulf widening in middle east
More developers in the Gulf are considering consolidation, cancellation of projects and redrawing future plans as the global downturn shows no sign of lessening in the region...
Tue, Mar 10, 2009
Big apple sale and leaseback
The New York Times Company - publisher of the New York Times and the International Herald Tribune - has sold part of the space it owns and occupies in its New York headquarters to US sale-and-leaseback specialist W.P. Carey & Co for £162 million...
Tue, Mar 10, 2009
Brangelina crunched in dubai
Even those with A-list bank balances can't avoid the economic turmoil - Brad Pitt, Michael Jackson and the Beckhams have all fallen victim to the dreaded crunch as the value of their luxury properties in Dubai plummet to Z-list status...
Mon, Mar 09, 2009
Brisbane beckons
Brisbane continues to be one of the most popular cities with both Australians and international migrants, boasting a strong work and play ethic, miles of stunning coastline and a climate to die for...
Mon, Mar 09, 2009
Oz detached sales leap
Sales of new properties in Australia rose 8.3 per cent in January amid the best home affordability conditions in the country for five years, according to the latest survey from the Housing Industry Association...
Mon, Mar 09, 2009
Russians return to london
For several months they stayed away, but the Russians are back in Kensington and looking at houses. In its prime Central London index, published today, Knight Frank, the estate agent, reports that viewings in the capital's swishest districts were up 28 per cent in February...
Mon, Mar 09, 2009
Asian market in recovery?
This year could see the first signs of recovery in property markets in Asia, according to the advisory board of one of the biggest real estate investment events in the region...
Mon, Mar 09, 2009
Rocking all over the world
The latest global house price index from Knight Frank highlights the extent to which the credit crisis has affected housing markets worldwide...
Mon, Mar 09, 2009
Cruising into auckland
Thousands of cruise ship passengers had their trip delayed today due to mechanical problems - but retailers in Auckland are reaping the benefits..
Mon, Mar 09, 2009