IMF raises China growth forecast to five per cent, in line with government targets May 29, 2024 The International Monetary Fund (IMF) revised China's economic growth forecast upwards to 5%.
House prices rise for first time since last June but sticky rents likely to remain challenge for tenants May 22, 2024 New government data has shown house prices grew by for the first time since last summer in March, while private rents cooled from the record highs recorded at the start of the year.
Regional REIT posts steady earnings amid wider uncertainty May 22, 2024 Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.
Helical sells stake in new City of London development to Orion Capital May 20, 2024 "We are pleased to be partnering with Orion Capital Managers on the development of this best-in-class, carbon friendly new building, to be completed in Q1 2026," Helical boss said.
Nine in 10 landlords raise rents for existing tenants May 20, 2024 Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.
Chinese central bank holds rates after authorities unveil historic property sector rescue May 20, 2024 The Chinese central bank maintains its key lending rates following the unveiling of a historic property sector rescue plan by authorities.
FTSE 100 today: London markets set to open higher, echoing global trends May 20, 2024 Asian markets rose with Wall Street, but an Iranian president's helicopter crash shook oil prices. Investors awaited Nvidia's Q1 earnings.
Russian billionaires out, US billionaires in: Mapping London’s super-prime property market May 17, 2024 Filings have shown a Kazakh billionaire has sold his Mayfair mansion for £35m. What does it say about London's super-prime property market?
Duke of Westminster’s £10bn fortune sends him to the top of the young Rich List May 17, 2024 Hugh Grosvenor, the Duke of Westminster, has dodged the property slump, to top the under 40 category on the Sunday Times Rich List.
FTSE 100 today: London markets set for muted opening as global stock rally cools down May 17, 2024 Asian stocks fell as Wall Street's rally faded, oil prices surged. Reddit shares soared. Land Securities' results and EU inflation eyed.