Category: Property

  • Brits buying second homes in Spain set to be hit with 100% property tax

    Spanish Prime Minister Pedro Sanchez has unveiled a controversial proposal that would burden non-EU property buyers who lack legal residency with taxes equivalent to the full purchase price of their new home. The move represents a new effort by Spain’s Socialist government to discourage speculation and ease pressure on a…

  • Probe Gold Completes Acquisition of Stella Property in Val-d’Or, Quebec

    Article content TORONTO, January 07, 2025 (GLOBE NEWSWIRE) – PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the completion of the previously announced purchase agreement (“deal“) with Leopard Lake Gold Corp. (“)Cheetah“), pursuant to which it acquired a 100% ownership interest in Stella…

  • Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

    LONDON (Reuters) – Global property catastrophe reinsurance rates will fall by 5% to 15% on January 1 for the books of companies without losses, as the market becomes more competitive after… Years of high interest rates. . Reinsurance companies insure insurance companies, and they have raised prices and excluded some…

  • How to Add Value to Your London Property with High-End Renovations

    In London, every inch counts. Whether you’re selling or just want to love your home more, sophisticated renovations can increase its value. But which upgrades provide the best return on investment? From bespoke kitchens to bespoke interiors, let’s take a look at the best luxury upgrades and how they can…

  • Stamp Duty hikes trigger 42 per cent slump in prime London property deals

    Repeated increases in stamp duty have had a significant impact on high-end property sales in London, with transactions in Britain’s two most expensive neighborhoods falling by 42 per cent over the past decade. According to new analysis by Savills, deals in Kensington, Chelsea and Westminster fell from 10,665 in 2013-14…

  • Guy Hands-linked property firm sells 36,000 military homes back to mod for £6bn

    Guy Hands’ property firm Annington has agreed to sell a portfolio of 36,347 military homes to the Ministry of Defense for nearly £6 billion, ending a long-running dispute between the billionaire investor and the UK government. The deal sees Annington, which was acquired by Hands’ private equity group Terra Firma…

  • Office property meltdown is starting to surface at regional banks

    (Bloomberg) — The decline in the value of office properties is rippling across U.S. banks, with smaller lenders in particular ramping up the use of loan modifications on their commercial real estate books. Most read from Bloomberg A Moody’s report found that the typical bank with less than $100 billion…

  • Azimut Reports Drilling Results from the Pilipas Property, James Bay Region, Quebec

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on December 11, 2024 • 6 minute…

  • Russia Officially Classifies Bitcoin As Property With New Legislation Signed By Putin

    In a major step towards successfully regulating digital assets in the country, Russian President Vladimir Putin has signed a new law Legal framework To tax Bitcoin mining and transactions, recognizing them as property and paving the way for formal taxation. New Bitcoin and Cryptocurrency Tax Law in Russia According to…

  • FC Private Equity Realty Management Corp. and Telsec Property Corporation Respond to Melcor REIT’s Desperate Attempt to Mislead Unitholders and Remind Unitholders to Vote Against Melcor Development’s Take Under Offer for Melcor REIT

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Nov 12, 2024  •  Last updated…

  • Investing in Grenada Property for Securing Citizenship

    Grenada offers an attractive route to citizenship via Grenada Real Estate Investment Citizenship, allowing individuals to obtain a second passport by purchasing a qualifying property. This opportunity opens doors to global mobility, allowing Grenada citizens to move unrestricted to over 140 locations, including prominent regions such as the European Union,…

  • Sagi sells London Holborn property for £180m

    The Teddy Sagi Group has sold the last property under its ownership in the Holborn area of ​​central London. Teddy Sagi Group’s LabTech has sold the office building at 90 High Holborn for £180m, completing the sale of all six properties in Holborn. The current deal was the largest office…

  • Property & Building in NY HSBC Tower lease talks with Amazon

    The Israeli income-generating real estate company Property and Building Corp. Ltd. (TASE:PTBL) The Tel Aviv Stock Exchange (TASE) announced that it is in talks to lease 330,000 square feet (30,600 square metres) at 10 Bryant Park in New York City, known as the HSBC Tower. According to US media reports,…

  • Property auctions surge as defaults hit Sh674bn

    In a yard in Nairobi, cars are piled up waiting for bids at auctions where there have not been enough buyers recently, a growing problem in Kenya as loan defaults hit a new 18-year high in August. The resilient economy and expensive loans have created a growing number of distressed…

  • China house sales rose over the holiday period – property sector recovery?

    China began the week-long National Day holiday on Tuesday, October 1. In the week before the start of the holiday, the Chinese authorities announced a set of economic stimulus measures. Some measures were specifically directed at the real estate sector, such as: Reductions in down payment rates Reductions in mortgage…

  • West Red Lake Gold Intercepts 44.17 g/t Au over 1.3m and 20.63 g/t Au over 0.5m at Upper 8 Target – Madsen Property

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Oct 02, 2024  •  10 minute…

  • What to Consider When Investing in Property Management Software

    Property and housing management may seem like you are wading through quicksand. Manually preparing invoices, sending receipts, and creating financial reports can take up a lot of your time and energy. This often leads to burnout, taking your focus away from tracking every last penny. This is where property management…

  • London’s high-end property market cools on worries about tax hit By Reuters

    LONDON (Reuters) – Demand for London’s most expensive homes slowed last month as high earners worried about the prospect of tax rises from Britain’s new centre-left government, a property data company said on Tuesday. Lonres said property sales in prime central locations in the capital were down 7.5% compared to…

  • London’s high-end property market cools on worries about tax hit By Reuters

    LONDON (Reuters) – Demand for London’s most expensive homes slowed last month as high earners worried about the prospect of tax rises from Britain’s new centre-left government, a property data company said on Tuesday. Lonres said property sales in prime central locations in the capital were down 7.5% compared to…

  • Housing crisis leaves 21 hopeful tenants battling for each rental property

    The UK rental market is facing a severe crisis, with an average of 21 potential tenants competing for every available property, while the number of homes available to rent continues to shrink. According to Zoopla, a leading property search platform, the availability of homes for rent is now 24% lower…