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Property news by Property Wire

Thu
Sep 09th
2010
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Singapore govt reveals details of new property cooling measures Singapore govt reveals details of new property cooling measures The details of government strategy to cool the real estate market in Singapore and maintain a stable and sustainable property market have been revealed.
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Europe
Property investment in Poland soars and could reach €2 billion by end of 2010, according to analysts Property investment in Poland soars and could reach €2 billion by end of 2010, according to analysts Total property investment volumes in Poland has soared 50% in a year and has now reached €945 million with the positive investor appetite predicted to continue.
Middle East
Deadline for registration of property owners associations in Dubai expected to be extended Deadline for registration of property owners associations in Dubai expected to be extended The October deadline for the registration of property owners associations in Dubai may be extended as developers struggle to get all the necessary paperwork done in time.
 
Africa
High property occupancy rates in Cape Verde could realise strong annual capital growth High property occupancy rates in Cape Verde could realise strong annual capital growth A new five star resort in Cape Verde is confident that investors can realise annual capital growth of 9% and rental yields of 13% after independent analysis indicates that the archipelago has extremely high occupancy rates.
Asia
Global house prices – booming in Asia, a mixed bag in Europe and the US Global house prices – booming in Asia, a mixed bag in Europe and the US The Global Property Guide’s latest survey of house prices shows an uneven recovery in global housing markets during the year to the end of the 1st half of 2010.
 
North America
Rise in pending property sales in US gives real estate market a lift but outlook still gloomy Rise in pending property sales in US gives real estate market a lift but outlook still gloomy US pending residential property home sales rose dramatically in July giving a much needed boost to the sluggish real estate market after gloomy figures in June which showed sales reached a nine year low.
South America
Mexican real estate sectors showing signs of recovery, but its likely to be slow and fragile Mexican real estate sectors showing signs of recovery, but its likely to be slow and fragile The commercial real estate market in Mexico has remained remarkably stable in the face of the downturn in the US economy following the global financial crisis of late 2008, a new report shows.
 
Australasia
Property sales in Oz rebound as first time buyers re-enter the market, reports show Property sales in Oz rebound as first time buyers re-enter the market, reports show The political climate in Australia remains fragile but the real estate market has had a boost with first time buyers helping sales jump 11% in August.
Related Stories
Investment update from Ghadir Abu Leil-Cooper, head of Emea equities at Baring asset management: Investment update from Ghadir Abu Leil-Cooper, head of Emea equities at Baring Asset Management: On Thursday 26th November 2009, the Dubai government announced plans to ask the creditors of the state-owned Dubai World and Nakheel, its real estate subsidiary, to agree a standstill on all its debt repayments.
 


 




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Company news

Cushman & Wakefield Acquires Cowen Commercial


Cushman & Wakefield has announced its acquisition of Cowen Commercial, LLC, a real estate firm specializing in retail leasing, investment sales, shopping center repositioning and development. As a result of the acquisition, owner and president Jonathan (Jon) D. Cowen, as well as Adam Madison, Joseph Hoye II and Shannon O'Keefe will join Cushman & Wakefield, based in Phoenix.

Forum Watch

Dollar posts losses against majors on increase in risk appetite

• Sterling rebounds after weaker than expected GDP data on Friday
• Dollar posts losses against majors on increase in risk appetite
• Euro remains under pressure on contagion of debt risk to more countries
• US expected to keep interest rates unchanged this Wednesday
• Greece asked EU/IMF to activate €45bn bailout plan on Friday
       

Currency watch

Dollar rallies as speculative liquidity meets European uncertainty

 • Dollar rallies as speculative liquidity meets European uncertainty
• Sterling traders will increase their focus on growth as a foundation of funda¬mental strength
• Euro at the mercy of the financial media as the market shows more trouble
• Reserve bank of Australia leaves interest rates untouched as expected   

 

 

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