HomeBuyers.co.ukProperty News:
Dubai property giant sacks 500 as finance crisis bites (AFP )
The Dubai property giant behind such grandiose projects as a one-kilometre-tall tower and artifical palm-shaped islands said on Sunday it has fired 500 staff as the global economic crisis begins to bite in the booming desert city-state.
Dubai property giant sacks 500 (AFP )
Dubai property giant Nakheel -- behind such grandiose projects as a one-kilometre tower and artificial palm-shaped islands -- said Sunday it has fired 500 staff because of the global financial crisis.
Property Editor's Notebook FWi (Farmers Weekly Interactive)
Strutt & Parker remains confident that a buyer will be found for Upper Braiklay Farm at Methlick, Aberdeenshire, after a deal fell through this week. The property has been recently modernised, and has a farmhouse, cottage, 11,500sq m of covered buildings and about 316 acres of good land.
British Land and Hammerson see no big property correction (Tiscali)
LONDON (Reuters) - Commercial real estate is headed for a market correction but not a major one, helped by a likely slowdown in London office developments, the heads of two of Britain’s biggest listed property companies said on Tuesday.
(AFX UK Focus) 2008-12-01 07:25 China stocks end up on property, base metals (Interactive Investor)
SHANGHAI, Dec 1 (Reuters) - A bounce by property shares, after China Merchants Property Development Co successfully sold 5.94 billion yuan ($870 million) of new equity, lifted the Chinese stock market on Monday. The Shanghai Composite Index spent much of the morning lower but closed the day up 1.25 percent at 1,894.615 points. Turnover was fairly active. Merchants Property surged 5.53 percent to ...
Property slump ruins retirement plans for 1.7m people hoping to sell their home for pension funds (Daily Mail)
Pensioners who are relying on a 'property pension' have seen ?45billion wiped off their retirement savings in just 12 months, research reveals.
Cafe planned for Chester terrace property (ic CheshireOnline)
A CAFE is proposed in a Chester suburb. The premises, an end of terrace property at the junction of Christleton Road and Sandy Lane, were originally a chemist, according to a report.
(AFX UK Focus) 2008-12-01 04:49 China A-shares end morning higher as property developers rebound - UPDATE (Interactive Investor)
SHANGHAI (XFN-ASIA) - China A-shares ended the morning higher, reversing early losses, as property developers rallied on bargain-hunting, dealers said.
(AFX UK Focus) 2008-12-01 04:08 Property shares lift China stocks slightly (Interactive Investor)
SHANGHAI, Dec 1 (Reuters) - A bounce by property shares, after China Merchants Property Development Co successfully sold 5.94 billion yuan ($870 million) of new shares, lifted the Chinese stock market slightly on Monday. The Shanghai Composite Index spent much of the morning lower but was up 0.47 percent at 1,880.025 points at midday. Rising Shanghai stocks outnumbered losers by 748 to 157. ...
Police probe collapse of property company (Yorkshire Post)
PARTNERS in a property investment company who have debts in the region of £2.5m are being forced to sell off the trappings of their millionaire lifestyle as police investigate