Fitch Ratings recently released a report revealing that the value of repossessed properties in Spain has fallen by an average of 48%. This is due to the fact that the majority of mortgages associated with real estate assets had a loan-to-value ratio of 80% or higher. Juan David Garcia, senior director and head of the [...]
Morgan Stanley, the global financial service firm, has successfully taken over an office building worth €165m previously owned by corporate lawyer Brian O’ Donnell and his psychiatrist wife, Dr Mary Patricia O’Donnell after the couple failed to repay the loan that was taken out for the said building.The property is located in London’s prestigious Canary [...]
According to Colordarcy, a leading property investment company, the buy-to-let market is experiencing a boom in demand especially in areas such as Clapham, Wimbledon and South West London and the fact that these areas have good transportation link makes it even more attractive to potential buyers and investors both local and foreign alike. One of [...]
According to the annual World Gold Council report,China is in the running to be the largest market for gold in 2012 all thanks to it’s continuous rise in investment purchase of gold & the rising sales in jewellery. The fastest growth was in sales of gold bars and coins for investment which caused the total [...]
There seems to be an increase in demand for London property investments. Such is the fact that owners are said to be willing to invest up to £100,000K in premiums alone! With London being referred to as a “safe haven” for property investments, it’s no wonder that there is such a rise in demand in [...]
According to a new study by STR Global and Whitebridge Hospitality, London hotel profitability over the last 11 years has outperformed the rest of the UK seeing the profit gap between London and regional hotels across Britain widen since 2000. London hotels between this time and 2010 have experienced a real gross operating profit. Having [...]
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