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| Fewer listings fail to clear property glut |
| New Zealand Herald - 6 days, 23 hours ago |
Fewer people are selling their homes as uncertainty continues to cloud the New Zealand property sector.Realestate.co.nz's NZ Property report shows the number of new listings fell for the fifth Read More
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| IPGA Reports Revenue Jump |
| Property Portal Wat - 7 days, 1 hours ago
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IPGA Ltd, owner of the iProperty portal network, has announced revenues of AUD$2.9 million for the first half of 2010 - a 52 percent increase from the first half of last year. At the same time, the company has reported a loss of $1.5 million from continuing operations for the first half of the year. Related posts:IPGA Reports Ad Revenue Growth IPGA .. Read More
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| rightmove.co.uk Profits Up 40% |
| Property Portal Wat - 7 days, 2 hours ago
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Leading UK portal rightmove.co.uk has reported its half year results for 2010, highlighting a 40 percent increase in profits. The portal's revenue reached 42.3 million, up from 33.6 million in the first half of 2009. Underlying operating profit reached 27.9 million, compared to 19.9 million in 2009. Related posts:Rightmove Revenue Down in 2009 .. Read More
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| TCIL Plans Exit from Real Estate Business |
| Indian Realty News - 7 days, 15 hours ago |
Transport Corporation of India (TCIL) will demerge its real estate and warehousing divisions in next three months and expects to create greater value for shareholders through the hive-off. After the demerger, the company would focus on the core activity of providing logistic services, according to a report published in Financial Express. "Our board .. Read More
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| Hubbard probe ongoing, says SFO |
| New Zealand Herald - 8 days, 8 hours ago |
The Serious Fraud Office has rejected speculation that it will back away from its probe into Allan Hubbard's private finance companies.Adam Feeley, SFO chief executive, said investigations were ongoing and a report out last Friday... Read More
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| Hoteliers Planning to Increase Room Tariff by 10-15% |
| Indian Realty News - 8 days, 18 hours ago
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In an attempt to cash in on the peak winter season and the improved economic scenario, “Hoteliers are planning to increase the average room rates (ARRs) by 10-15 per cent from September 2010 as they expect tourist traffic to improve,” says a report by domestic brokerage Angel Broking. Although, the report didn’t talk about .. Read More
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| Australian property offering increased returns |
| Property Showrooms - 10 days, 4 hours ago
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Returns from Australian property investments jumped nearly six-fold over the second quarter of the year, according to figures from property research firm IPD. Total returns for all property types, including income and capital, rose from one per cent in the year to March 2010 to 5.9 per cent in the year to June, reports Reuters. "It came from .. Read More
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| Patience needed to find the perfect space |
| New Zealand Herald - 11 days, 7 hours ago |
In a market that is seeing increased vacancy with reports of fewer tenants for industrial space, Colliers International says it has leased more than 80,000sq m of industrial space this year, including large leases in Auckland for... Read More
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