Singapore’s United Overseas Bank Limited (UOB) has suspended lending for London properties amid uncertainty resulting from the Brexit decision, according to the BBC. Both property value depreciation risk and foreign exchange risk are at play as the UK works its … Continue reading →
Apartment rent rates in the U.S. rose by 0.4 percent in May, the 67th consecutive month of increase, according to USA Today (citing consumer price index data). Rents climbed by about five percent in the first half of the year … Continue reading →
Henderson Global Investors has lowered the price of its UK property fund by five percent based on expectations that valuations in the UK commercial property market will face downward pressure following the Brexit decision, according to Financial Times. Standard Life … Continue reading →
Pacific Investment Management Co. (Pimco) is predicting that U.S. commercial real estate prices may fall as much as five percent in the next 12 months,
Continue reading →Tomorrow is the inauguration of the Panama Canal expansion project. Among other improvements, the project created a third set of locks, doubling the waterway’s capacity. Prior to the expansion project, the canal allowed for the passage of vessels carrying up … Continue reading →
IKEA intends to open a second store in Virginia. The world’s largest furniture retailer has submitted plans to the City of Norfolk for the construction of a 331,000sf store with 1,000 parking spaces located on 19 acres at the northwestern … Continue reading →
In the second half of 2015, Puerto Rico’s jobless rate eased by two percent to 12 percent,
Continue reading →Starting June 20, Costco will no longer accept American Express cards or its co-branded cards. Visa will take its place as the only accepted credit card at the wholesale As it increases moisture levels of skin it helps in dry … Continue reading →
An IRS regulation which goes into effect today closes the window left open in the Protecting Americans from Tax Hikes And the availability to this magic the best sildenafil twomeyautoworks.com drug with top online pharmacy stores is a boon for … Continue reading →
Clinical-stage biopharmaceutical company Novavax, Inc. has signed a lease to occupy Alexandria Technology Center – a 147,051sf Class A flex R&D building located in Gaithersburg, MD. The initial lease term is 13 years with a starting rent rate of $22.25/sf. … Continue reading →