Rent Cap Locks Billions of Euros Out of Irish Housing, CBRE Says
Ireland’s rent controls are deterring overseas investors in the local residential real estate market and keeping out billions of euros, according to a study by CBRE Group Inc.
Ireland’s rent controls are deterring overseas investors in the local residential real estate market and keeping out billions of euros, according to a study by CBRE Group Inc.
Mortgage rates continued their decline, hitting the lowest level since early February 2023.
Sales of existing US homes fell in August to a 10-month low on persistent affordability challenges ahead of a recent decline in mortgage rates.
Canada’s luxury real estate real estate market experienced more price stability and less fluctuation compared to the mainstream market, according to a new report.
Spain’s bad bank plans to sell real estate developer Arqura Homes, one of its biggest holdings with assets valued at around €800 million ($894 million).
Support for Ireland’s incumbent prime minister, Taoiseach Simon Harris, has jumped along with increases for his party, according to an Irish Times poll, results which will likely add pressure for him to call a general election this autumn.
President Joe Biden, in a speech Thursday, will celebrate the Federal Reserve’s decision to slash interest rates as a validation of his economic vision, part of the White House’s rebuttal of what’s seen as perhaps his greatest political liability.
German residential landlord Vonovia SE said it’s prepared to offer sweeteners to minority shareholders of a subsidiary in exchange for tighter control, following a yearslong campaign by activist shareholder Elliott Investment Management LP.
Easy profits in private credit are nearing an end as competition intensifies and defaults rise, some of the biggest participants in the industry said at the Milken Institute Asia Summit on Thursday.
Frasers Property Ltd., controlled by Thailand’s richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country’s capital.
Singapore stocks are on track for their highest close since 2007 as the prospect of lower interest rates lifts the city-state’s real estate investment trusts, and adds to the appeal of the high-yielding market.
HSBC Holdings Plc cut its key benchmark rate in Hong Kong for the first time since 2019, a move likely to hit margins while bringing relief to homeowners and borrowers in the Asian financial hub.
National Bank of Canada is reinforcing its presence in Montreal with the opening of a statement-making head office as it looks to expand dramatically outside of the French-speaking province.
Business banking looks set to be the next battleground in Australia after mortgage lending. Hiring people to support the growth will be a problem, according to the country’s biggest lender in this area.
Donald Trump pledged to lift a cap on the state and local tax deduction valuable to many New York homeowners that he imposed as president.
Data center operator Princeton Digital Group bought land in India, Malaysia and Indonesia and secured power supply for the sites to boost its capacity by nearly 50%, seeking to capitalize on rising demand for artificial intelligence services.