Tag Archives: property

[unable to retrieve full-text content]Bull Market Beckons for Hang Seng Index as Property Stocks Surge  Yahoo Finance Source link

News Russian-Maltese oligarch Arkady Volozh with Vladimir Putin A Dutch court has ruled that squatters can effectively continue to stay at the multi-million-euro property owned by a member of Malta’s rouges gallery of passport buyers, Yandex founder and owner Arkady Volozh, because… Source link

About 60% of lower-priced homeowners may pay higher property taxes than their counterparts who own more expensive homes, according to a new study released Tuesday. Why? Owners of those higher-valued properties, ranging from $500,000 to $1.2 million, are at least two times more likely to appeal their property taxes and possibly pay far less, said Ownwell, a property-based startup in Austin, Texas. The amount of appeals depends on the county and the state. For example, homeowners of higher-value… Source link

Check out what’s clicking on FoxBusiness.com. Former Yahoo CEO Marissa Mayer’s plan to demolish three of four townhomes on her residential property and build a swimming pool is facing hurdles from city and state law, according to reports.  Since July 2020, Mayer has twice applied for a permit to tear down three of the four townhomes she owns next to her family’s main dwelling on Addison Avenue in Palo Alto, California, according to Palo Alto Online.  Marissa Mayer, President… Source link

The Central St Giles building in London. DavorLovincic | iStock Unreleased | Getty Images Google has bought a colorful office space in London for $1 billion while it waits for building work on its heavily-delayed U.K. headquarters to be completed. The internet giant announced Friday that it has acquired all of the Central St. Giles building, where it already occupies a number of floors, in London’s West End. “Our investment in this striking Renzo Piano-designed development represents our… Source link

(Bloomberg) — Chinese developer shares dropped following local media reports that China Evergrande Group has been ordered to tear down apartment blocks in a development in Hainan province. Evergrande halted trading in its shares. Most Read from Bloomberg An index of Chinese developer shares slumped as much as 2.8% in Hong Kong before closing 1.7% lower. A local government in Hainan told Evergrande to demolish 39 buildings in 10 days because the building permit was illegally obtained, Cailian… Source link

Slowly but surely, Bitcoin (BTC-USD) is being used to purchase everyday items like coffee and cars — and now, real estate is also joining the party. The first commercial property in New York is being put on the market for digital coin. Magnum Real Estate Group is selling three retail condos complete with a fully rented-out retail bottom floor in Manhattan’s upper East side for $29 million — but will only accept Bitcoin. Located at 385 First Avenue in a new construction luxury residential… Source link

(Bloomberg) — Soros Fund Management increased its bets on real estate and financial stocks during the last quarter, while the value of its U.S. equity portfolio dipped to less than $5 billion. Most Read from Bloomberg George Soros’s investment firm disclosed new positions in Hill-Rom Holdings Inc., MGM Growth Properties LLC, JPMorgan Chase & Co. and Goldman Sachs Group Inc., according to a regulatory filing Friday. The New York-based firm increased stakes in IHS Markit Ltd. and homebuilder… Source link

Chinese visitors look at model residential apartment buildings at a house fair in Nanjing city, east Chinas Jiangsu province, 8 April 2008. Chinese government on October 22 stepped in to bolster the ailing real estate market by lowering transaction taxes, reducing down payments and lowering mortgage rates. But analysts said the measures may not hold back price corrections because the current prices have surged far out of reach of many buyers. The Ministry of Finance and the central bank… Source link

China’s property bubble just got pricked — this could mean trouble for the stock market New home prices in China slid 0.8% in September. It was the country’s first real estate decline in six years, triggered largely by the Evergrande fiasco. Residential sales, meanwhile, tumbled 17%. Given China’s massive role in global trade, its problems could easily extend to the U.S. economy and spark something worse than inflation: stagflation. Stagflation refers to an economy that’s experiencing… Source link