Real Estate

Wednesday, July 3rd 2024 - 15:08 UTC
Falklands extra funds for Tussac House project, to be finished by end of year

Following approval at the Falkland Islands Executive Council on Tuesday 25 June, it was agreed for additional funds to be allocated to the Tussac House, sheltered homes project.
Wednesday, April 10th 2024 - 11:06 UTC
Another major Chinese construction and real estate developer ready to fall

China Construction Bank (Asia), a state owned financial institution filed a petition in Hong Kong to wind up the Shamao Group, after the Chinese real estate and construction developer failed to repay loans worth HK$1.58bn (US$ 201.8m; £159.7m).
Friday, September 29th 2023 - 08:04 UTC
China's leading property company again in financial trouble: debt of US$ 328 billion

Trading of shares in Chinese property giant Evergrande and its two subsidiaries was suspended in Hong Kong on Thursday. A market statement on the Hong Kong Stock Exchange did not explain why trading in Evergrande Group's securities, and share certificates of Evergrande Property Services Group and Evergrande Electric Vehicle Group was halted.
Friday, June 30th 2023 - 08:01 UTC
Falklands Government acquires Stanley Growers provider of 90% of fresh vegetables and fruit

Last 21 June it was announced that the Falkland Islands Government (FIG) would be acquiring Stanley Growers Limited and Stanley Nurseries and Garden Centre and the land which both businesses occupy, with the intention of managing the business for a time before selling it.
Friday, June 23rd 2023 - 10:40 UTC
Upheaval in UK mortgage market: banks and building societies to meet Chancellor Hunt

Following on Thursday interest rate hike by the Bank of England, BBC is reporting that banks and building societies are to meet Chancellor Jeremy Hunt to discuss the upheaval in the mortgage market.
Friday, March 31st 2023 - 16:04 UTC
Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean: see details

The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments.
Wednesday, November 9th 2022 - 10:40 UTC
Montevideo is the most expensive city in Latin America, according to study by Argentine university

The Torcuato Di Tella University together with Zonaprop, a real estate website, prepared a real estate report in which they made a ranking of the most expensive cities to live in Latin America, in which Montevideo appears as the most expensive of all.
Monday, October 17th 2022 - 19:02 UTC
Real estate prices fall in 90% of Buenos Aires

According to a survey published by Buenos Aires' daily Ámbito, 90% of Buenos Aires' areas recorded a drop in the sale price of real estate property in September of 2022 when compared to the previous month.
Monday, October 10th 2022 - 10:00 UTC
Trump Tower in Punta del Este launched

Uruguayan President Luis Lacalle Pou attended the opening this weekend of the luxurious Trump Tower in the exclusive beach resort of Punta del Este in the Department (province) of Maldonado. The project began ten years ago.
Saturday, September 17th 2022 - 10:06 UTC
Ambassador Stanley discusses strategic issues at Casa Rosada

United States Ambassador to Buenos Aires Marc Stanley was welcomed Friday at Casa Rosada by Strategic Affairs Secretary Mercedes Marcó del Pont to discuss matters of bilateral interest.