Karen Day
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Allianz Global buys bonds backed by student rents
The U.K. infrastructure debt fund of Allianz Global Investors has bought £119.7 million worth of bonds backed by rent from U.K. university housing.
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Australian regulator warns on mortgage lending
The Australian Prudential Regulation Authority is warning it will increase oversight of mortgage lending, amid rising house prices and an increase in the number of homes bought to rent.
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Falls likely for Hong Kong shop rents
Shop rents look set to head lower in Hong Kong next year, with real estate agency Jones Lang LaSalle Inc. predicting an up to 5% drop from recent highs.
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Global Roundup: Aussie home loans data, China inflation
Home loan approvals for owner occupied housing rose 0.3% on the month in October in Australia.
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Balfour Beatty remains under pressure
Pressure will remain on Balfour Beatty, despite its rejection of a £1 billion bid from John Laing Infrastructure Fund for its investment portfolio.
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For sale: cheapest house in Britain
A house for sale in Limetrees Close, Stockton-on-Tees, may well deserve the claim of being the cheapest in Britain.
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Low-income households’ housing struggle
Households with below-average income are spending a third or more of their disposable income on rent or mortgages, according to low pay think-tank The Resolution Foundation.
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M&S under pressure on delivery delays
Marks & Spencer’s share price has come under pressure following technical problems that have affected delivery times.
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World Trade Center shops eye 2H opening
he World Trade Center retail site in lower Manhattan is likely to open in the second half of next year, landlord Westfield Corp. said.
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Blackstone sells properties
Blackstone Group LP plans to sell 26 properties in northern California to real estate investment trust Hudson Pacific Properties Inc. for $3.5 billion.
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Carlos Slim to become FCC’s largest shareholder
Carlos Slim is set to become the largest shareholder in Spanish construction and environmental services company Fomento de Construcciones y Contratas.
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Retail sales up 2.2% on the year
Total retail sales rose 2.2% on the year in the U.K. last month, helped by the success of “Black Friday”.