Archive for September, 2011

Propertywire News Fri 30th Sept

September 30, 2011

Scotland tops the regional property price rise table
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Property market consensus in UK is too low, it is claimed
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UK private property rental income increases for a third quarter
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UK serviced office market grows 19% during recession
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Currency Watch 30th September 2011

September 30, 2011
• US dollar and yen gain on global slowdown concerns
• Victory for Merkel in parlimentary vote could prove short lived for the euro
• Sterling catches a bid on SNB comment & UK consumer confidence data
• New Zealand loses its AAA status and as Kiwi gives up 3.5% on the pound
• Pimco Managers plan to dial back on risk


Read more… currency watch – 29th September

September 29, 2011

Will Germany throw Greece a lifeline: EFSF vote due.

• Sterling capped vs dollar, capped by QE speculation
• Euro climbs on speculation Germany will pass vote to change bailout fund
• Bernanke says unemployment poses a ‘National Crisis’
• Asian currencies may fall 10% this year
• Aussie, Kiwi dollars erase declines as Asian stocks recover

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28th September – News from

September 28, 2011

RICS says London Olympic regeneration set for success

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Property owners ignoring fixed rate finance deals, research suggests

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Eurozone crisis drives property investors to London

Read More… currency watch – 28th September

September 28, 2011

• Initial euro weakness seen off as perception euro debt crises on mend
• Sterling posts impressive gains versus dollar on risk rally
• Equities recover on risk move to push commodity currencies higher
• US consumer confidence more or less in line to help steady global market
• Greeks approve property tax as Merkel says ‘Germany ready to help’

Read More… currency watch – 27th September

September 27, 2011

• Sterling rises broadly, but vulnerable given QE worries
• Euro relieved by EU hopes
• Dollar holds two-day drop against euro as Asian shares advance
• New Zealand dollar decline may reflect commodity price outlook, Key says

Read More… currency watch – 26th September

September 26, 2011

• Euro Slumps amid concerns before German business report
• Speculation of emergency 50 basis point interest rate cut by ECB
• Dollar and yen gain more than 3% over past week on risk aversion
• New Zealand dollar slumps as risk dries up in commodity currencies
• Sterling bounces higher against a falling single currency

Read More… currency watch – 23rd September

September 23, 2011

• Sterling at 1 year low against the dollar as Fed warning hits risk
• Euro rallies versus yen as G-20 pledges ‘Coordinated’ response to crisis
• Dollar marks its strongest two day rally since October 2008
• Asian currencies plunge to 10-month low, prompting action by central banks

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23rd September – News from

September 23, 2011

The serious seller has returned to the UK property market, it is claimed

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Property industry sees positive signs in Portuguese real estate market

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Finish property investors prefer domestic real estate, survey shows

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Confidence fragile in UK property, industry wide survey shows

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22nd September – News from

September 22, 2011

Most young people in the UK aspire to buy own home by age 30

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Lukewarm reaction to sell stalled Dubai projects off plan

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Analysts forecast slowdown in UK shopping centre development

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Positive signs in US property market despite tight credit and low economic confidence

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