Britain’s second-biggest estate agent has warned annual profits will be well below expectations, blaming uncertainty in the property market caused by the vote to leave the EU. In an unscheduled trading update, LSL Property Services, whose brands include Your Move and Marsh & Parsons, said business slowed in the run-up ... Read More »
A vacant and blighted house next to a well-kept occupied house in a once thriving east-side neighborhood in Detroit seen in 2013. The real-estate market is one of the most important parts of the American economy.And there’s a lot of disagreement about where it’s going next. Housing is one of ... Read More »
Las Vegas Market recently announced 20 new and expanded showrooms – including a 300% expansion by GiftCraft – confirmed in time to debut at the Summer 2016 Las Vegas Market, July 31 – August 4, 2016. These latest additions, coupled with other recently announced tabletop and housewares gains, bring a ... Read More »
The ease of doing business in Australia, with its stable and transparent regulatory and legal system, strong ethical governance and high professional standards, has led to a significant rise in foreign capital inflows for the residential and commercial sectors, according to JLL. The world’s 10 most transparent markets account for ... Read More »
Indonesian online experience-hailing service go-Jek is in talks with potential buyers to raise fresh fundsto make bigger the business, because the heavy subsidies it gives to drivers to preserve ratescompetitive are unsustainable in the end, its chief govt said on Friday. pass-Jek, a play at the local phrase for bike ... Read More »
In two small Swiss towns, watchmakers are trying to strike a balance as delicate as the mechanisms in their precision-engineered watches – squeezing suppliers to cope with an industry crisis while preserving the skills that drove past successes. La Chaux-de-Fonds, home to just 39,000 people, and even smaller neighbor Le ... Read More »
MOSCOW, April 4 — Russian weapons firm Kalashnikov, maker of the iconic AK-47 assault rifle, is looking to expand its domestic sales as U.S. and international sanctions continue to strain the company’s bottom line. Russian military contracts continue to make up a large portion of the company’s sales, Vladimir Dmitriev, ... Read More »
A 17,000-square-foot private oceanfront compound straight out of South Beach is set to hit the market for $8 million in Manhattan Beach. The unique three-story gated residence, which sits down a cul-de-sac by Brighton Beach, even has an infinity pool, a Miami-style cabana, a gazebo and a full bar and ... Read More »
The Black Apartment” has gone white. A famed coal-colored lacquer loft in Chelsea well-known for its sexed-up Shanghai nightclub theme is returning to market, stripped of the décor that made it famous. Gone are the erotic accessories, the decorative handcuffs, the nude portraiture, the animal skins and the Gucci chain ... Read More »
Switzerland´s housing cycle appears to be peaking. Switzerland’s economic growth is weak, and the government is trying to cool the overheated property market – with success: Owner-occupied apartment prices were up by only 1.63% (2.98% inflation-adjusted) in 2015, far from the average growth of 5.4% from 2009 to 2012, according ... Read More »
After a steep correction over 12 per cent over the first two months of 2016, domestic equity markets bounced back on firm global markets and a budget that has reignited hopes of an interest rate cut by the Reserve Bank of India (RBI) in the immediate future. On a month-to-date ... Read More »
