A joint study by Rightmove and Oxford Economics predicts house prices in England will increase by 30 percent in the next five years. Price appreciation by region: Southampton: 42.9% Luton: 41% Brighton: 40.6% Swindon: 40.4% Enfield: 39.5% South of England: … Continue reading →
The strength of a country’s currency is affected by the following factors: Global economic and political conditions; Monetary policy/fiscal discipline (i.e. interest rates); Domestic political factors/rule of law; Supply and demand for the currency; The country’s past reputation for economic … Continue reading →
UK commercial property values increased 0.9 percent from October to November, according to Bloomberg (citing data from Investment Property Databank Ltd.). Man can focus on performing rather than suffering from erection problem should take the prescription before making purchase of … Continue reading →
Tesco –Britain’s largest supermarket chain by market share – reported a 1.5 percent decline in UK sales for Q3-2013. Sales numbers were also down by 5.1 percent in Tesco’s stores in Asia. In October the company reported a 23.5 percent … Continue reading →
In response to rising demand, many town house office buildings in central London are being converted back into residential properties. The average cost of a home in London has increased by nine percent in the year to September and is … Continue reading →
Sydney-based Westfield Group is negotiating to sell seven of its U.S. shopping malls to Starwood Capital Group for over $1 billion, according to The Wall Street Journal. In 2012, Starwood acquired a 90 percent stake in seven other malls from … Continue reading →
Yields* for retail property on London’s Bond Street fell to 2.75 percent at the end of Q1 2013 – the first time that yields have dipped below three percent since at least 1991, according to Reuters. Retail property yields in … Continue reading →
UK commercial property values declined by 0.2 percent from December to January, according to Bloomberg. This marks the 15th consecutive month of decline for CRE values in that country. The medicine is cheap for the production cost of the medicine … Continue reading →
Google plans to establish its new UK headquarters in London’s up-and-coming King’s Cross district. According to Reuters, the company purchased a 2.4-acre plot at the King’s Cross Central development where it will build its 1msf office building ranging in height … Continue reading →
The London Inter Bank Overnight Rate (LIBOR) is set by a panel of 18 banks that report daily estimates of what interest rate they would need to pay to borrow money for three months from other banks. The top four … Continue reading →