Real Estate

• Wednesday, May 24th 2017 - 07:10 UTC

  Record number of investments from overseas in Scotland during 2016

  

  Scotland won a record number of investments from overseas in 2016, although growth was substantially lower than the previous year. There were 122 foreign direct investment deals done over the course of last year, up from 119 in 2015.

• Monday, December 26th 2016 - 14:33 UTC

  Falklands government secures environmental planning contract with Aedis

  

  The Falkland Islands Government have secured the services of Tees Valley based building control firm Aedis. The contract will see Aedis delivering a raft of professional consultancy services based upon their building control expertise. This includes providing a remote plan checking service to help the Falkland Islands Environmental Planning Department ensure all new building work complies with the necessary building regulations.

• Friday, January 22nd 2016 - 09:46 UTC

  As locals in Punta del Este, “we enjoy a dignified and happy life”

  

  London's The Guardian in an article credited to Oliver Balch argues that Punta del Este, Uruguay's main international summer resort has become a 'golden ghetto' for the rich where the poor can't afford staples or lodging. However Mayor Andrés Jafif openly disagrees with the reporting and argues that ”we might be poor (by European standards) but we are happy, we can live in Punta del Este, we have a good time, we surf, work and bask in beaches”.

• Friday, January 15th 2016 - 12:13 UTC

  US Treasury and Homeland after identification of high end real estate deals in cash

  

  The United States is hunting down international criminals who launder money through real estate deals, with the Treasury Department ordering title insurance companies to report the identities of people paying cash for high-end properties in Miami and Manhattan.

• Tuesday, June 16th 2015 - 04:47 UTC

  Brazil's housing market falling as interest rates rise and the economy slows

  

  Brazil's housing market is now declining, amidst subdued economic growth and some civil unrest. In Sao Paulo, house prices dropped 1.2% during the year to Q1 2015, after annual price increases of 0.83% in Q4 2014, 3.29% in Q3 2014, 5.37% in Q2 2014 and 6.71% in Q1 2014

• Thursday, May 7th 2015 - 06:48 UTC

  Purchase real estate prices in Brazil have fallen in first months of 2015

  

  Purchase real estate prices all over Brazil have fallen a combined 3.47% in real prices the first months of 2015 according to the Fipe-Zap index. The index collected real estate prices in twenty Brazilian cities and measured them against inflation, registering monthly price rises below inflation for the sixth time in a row.

• Wednesday, April 8th 2015 - 17:11 UTC

  Bachelet denies any idea of stepping down, because of her family's corruption scandal

  

  “No way, I've never thought of resigning or stepping down” said emphatically Chilean president Michelle Bachelet on Wednesday, following a barrage of media rumors which echoed in the social networks during Holy Week, which in South America in a long weekend holiday.

• Monday, January 19th 2015 - 07:25 UTC

  Value of London's real estate is worth as much as Brazil's annual GDP

  

  The real estate boom has added 1.5 trillion dollars to the value of British homes over the past five years and left London residential property worth as much as Brazil's economy. Research by estate agents Savills shows U.K. houses and apartments were worth £5.75 trillion (8.7 trillion) in 2014, an increase of almost one trillion pounds since 2009.

• Wednesday, January 7th 2015 - 06:39 UTC

  Land possession and peasants, the first strong clash in Rousseff's cabinet

  

  Land possession has caused the first clashes in the newly named cabinet of President Dilma Rousseff with Agriculture minister Katia Abreu arguing there are no large estates ('latifundium') left in Brazil, while her Agrarian Development peer and a stalwart from the ruling party said a social approach was needed to the land and peasants issue.

• Tuesday, November 11th 2014 - 07:32 UTC

  London's emblematic 'The Gherkin' building purchased by Brazilian billionaire

  

  The Gherkin, one of the most distinctive buildings on London's skyline, has been bought by a Brazilian billionaire. Joseph Safra is reported to have paid more than £700m for the 180 meter tower, which is officially known as 30 St Mary Axe, its street address.