Monthly Archives: May 2008

Dubai mega mall nears completion

One of the world’s biggest shopping centres is nearing completion and is expected to attract even further real estate investment in a development hot spot. The Dubai Mall is to finally open in August and will feature an area of around 1.1 million square metres and around 1,200 shops.
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UK property investors turn to lettings

UK Property investors are focussing their interests on lettings as the sales market falters, a new reports says. Statistics from the Royal Institute of Chartered Surveyors (RICS) shows owners are turning back to renting properties that have failed to sell. Continue reading

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David Wilson Homes will pay your deposit

Another UK new homes developer is targeting first-time buyers with a new purchase scheme. David Wilson Homes unveiled the Head Start scheme, specifically designed to help the new homes buyer, by allowing them to pay just 85 per cent of … Continue reading

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US foreclosure rescue package proposed

US senators are working on a rescue package for troubled homeowners which could help revive the country’s real estate market. Continue reading

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New UK planning boss to work with councils and property developers

A new chief planner has been appointed by the UK government and charged with the aim of speeding up the country’s new homes development processes. Continue reading

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UK house prices 'still dropping'

UK house prices remain on the slide as demand for homes continues to weaken, experts have said. The Royal Institute of Chartered Surveyors (RICS) says 95 per cent of surveyors are now reporting a fall rather than a rise in … Continue reading

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Delhi real estate rentals on the up

Real estate rentals in central Delhi, India, have rocketed by up to 13 per cent in the first three months of 2008, a report says. Indian Realty News reports demand in Delhi continues to increase despite the city undergoing a … Continue reading

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New homes developer will pay deposit and mortgage

UK New homes developer will pay deposits and mortgage payments to match financial packages offered by family members of first time buyers. Continue reading

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Work starts on £160 million London homes development

The £160 million transformation of Dalston, Hackney, is now under way and when complete will provide a total of over 550 new homes, shops, a library and archive.
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Real estate investment giant sees positive signs

A commercial property giant says real estate investment could be returning to normal as it posted high enquiry and rental levels. Continue reading

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