UK private sector rents hit new all-time high
Private sector rents in Britain lifted to a new all-time high in September as the busy autumn lettings period got into full swing, a major lettings network has reported.Average rents across England and...
View ArticleProperty fears overplayed: Labor
Labor has described as "overblown" fears that Chinese investors are pushing up property prices and locking first home buyers out of the market.A parliamentary committee is examining overseas investment...
View ArticleIngham IPO moves forward
The Ingham family’s modular housing park float will be called Tasman Lifestyle and the roadshow for the IPO will happen within the next fortnight.Commonwealth Bank’s plans to float the business on...
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Don’t blame Chinese buyers for Australia’s real-estate boom
EconomyChinaJames LaurencesonLast week I argued that blaming Chinese money for the worsening real estate affordability in Australia was off the mark (The property bubble myth that refuses to die14...
View ArticleBook closes early for $161m Simonds IPO
Victorian homebuilder Simonds will lodge its IPO prospectus with the regulator on Wednesday after completing the bookbuild of its $161 million initial public offering early.The offer attracted strong...
View ArticleChina challenged by deepening property slump
HANDAN, China—The property slump is worsening across China, hitting many households and industries, scaring off home buyers and lenders, and leading to bankrupt developers and abandoned projects.Adding...
View ArticleDexus eyes growing rental demand
Dexus Property Group says an increase in enquiries from potential tenants indicates a rise in demand for office space is on the way.The company owns $7.6 billion in office properties, which was 95 per...
View ArticleWealthy Australians favouring property
Australia's millionaires pour more of their wealth into real estate than the rest of the world's rich, even though they appear worried about a housing bubble.Property attracted 33 per cent of their...
View ArticleProperty market more risky: RBA
The Reserve Bank says potential changes to lending rules to manage increasing risk in the housing market will not be heavy handed.Financial regulators are discussing a possible tightening of rules for...
View ArticleMortgage lending still 'sound': Norris
Fletcher Building chairman and former Commonwealth Bank chief executive Ralph Norris says property price growth in Australia is poised to “top out’’, but he remains confident that the mortgage books of...
View ArticleAnother sign the RBA will act on housing
IndustriesPropertyCallam PickeringThe search for yield and risky lending may be a natural consequence of persistently low interest rates, but that environment “can lead to the development of new...
View ArticleNSW real estate group blasts RBA
NSW’s peak real estate body has accused the Reserve Bank of doing too little too late to curb risky lending to property investors.The Real Estate Institute of NSW (REINSW) says it’s disappointed that...
View ArticleIrish home prices soar, fuel boom fears
Home prices in Ireland rose at the fastest pace since February 2007 during the 12 months to September, adding to concerns that severe shortages of properties following the country's real-estate crash...
View ArticleDon't end negative gearing: Mirvac
The use of regulatory levers by the Reserve Bank would help ease overheated parts of the housing market, but limiting negative gearing tax breaks for investors would pose serious risks to the stock of...
View ArticleQSuper in offshore acquisition hunt
Australia's second-largest industry super fund, the $50 billion QSuper, is on the hunt for more offshore property after an acquisition “splurge” over the past three years that has included it...
View ArticleLJ Hooker draws plenty of suitors
LJ Hooker's advisers Lazard might not be letting any local real estate agencies into the data room, but market sources say the company has been widely sought after by such groups before the sales...
View ArticleInvesta eyes 3% funds growth in FY15
Investa Office Fund said it expects 3 per cent growth in funds from operations for the 2015 financial year, subject to market conditions, at its annual general meeting todayThe Australian office owner...
View ArticleHouse prices in China fall in Sept
The average price of new homes in 70 Chinese cities fell year over year in September for the first time in nearly two years, as property developers continue to cut prices to lure home buyers.The drop...
View ArticleHouse prices have created a ‘lost generation’
EconomyAustralian NewsRob BurgessFeelings matter in economics, and a person’s position within the housing market tends to determine how they feel about the past 20 years of house price inflation.For...
View ArticleProperty boom boosts NSW budget
Sydney's property boom has boosted NSW government revenues, which could give the budget an edge before the election next March.Stamp duty revenue has jumped 50 per cent or $500 million over winter...
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