Real Estate

• Thursday, July 30th 2009 - 14:05 UTC

  World skyscraper construction slips 10% in first half of 2009

  

  Construction on more than 10% of 1.306 planned skyscrapers was on hold at the end of June, and there were 11% fewer such projects under way compared with six months ago, according to a report released this week by Frankfurt based Emporis GmbH.

• Friday, July 10th 2009 - 12:48 UTC

  Uruguayan farmland selling prices down 20 to 30%

  

  The cost of farmland in Uruguay has dropped between 20% and 30% in the first half of 2009 and the number of operations has fallen drastically, 70% according to local camp brokers.

• Wednesday, June 3rd 2009 - 08:33 UTC

  House crisis contagion expands world wide: prices keep falling

  

  House prices dropped further around the world during the year to end March 2009, as personal consumption expenditure decreased, consumer confidence remained low, credit remained tight and the unemployment rate worsened, property researchers the Global Property Guide said.

• Wednesday, May 20th 2009 - 08:01 UTC

  Punta del Este square meter prices remain steady

  

  The value of the square metre in Uruguay’s most fashionable resort Punta del Este remains steady and experienced a slight increase in the last year according to an April report from ReporteInmobiliario.com, one of Buenos Aires leading real estate analysts.

• Monday, April 13th 2009 - 11:10 UTC

  House and flat sales in Britain remain very sluggish

  

  Nearly a third of flats and more than a quarter of houses up for sale in Britain have been on the market for more than six months, research has shown. Around 30% of flats and 26% of houses have failed to sell during the past six months, while 10% of flats and 7% of houses have been on the market for more than a year, according to property website Globrix.com.

• Sunday, April 12th 2009 - 05:34 UTC

  Uruguay: Real Estate Sales Continue to Boom in Punta del Este

  

  While property prices in destinations like Europe and North America have been deeply affected by the global financial crisis, luxury real estate in this renowned South
  American getaway remains exceptionally strong.

• Saturday, April 11th 2009 - 06:25 UTC

  Manhattan has become a buyers’ property market

  

  Sellers of property have called the shots for years on the Manhattan 22.7 square mile island that is the financial capital of the United States. But now buyers are having their day, according to the first-quarter reports due from major real estate brokerages on Thursday.

• Tuesday, April 7th 2009 - 09:28 UTC

  Insecurity helping to push farmland prices in Paraguay down

  

  The prize of farmland in Paraguay has fallen significantly because of insecurity and the slide in international prices for oil seeds, mainly soybeans, according to a report from the head of the Agronomy Department at the University of Asunción, Ricardo Garay.

• Tuesday, March 24th 2009 - 05:30 UTC

  Monaco prime property averaged 55.000 Euros per sq. meter in 2008

  

  Monaco has the most expensive prime property in the world, costing an average of 55.000 Euros per square metre in 2008 for the best properties. But the prices for prime properties throughout the world are coming under pressure from the credit crunch, according to the latest Knight Frank Prime International Residential Index.

• Saturday, March 7th 2009 - 07:12 UTC

  Buenos Aires construction industry optimistic about mid term recovery

  

  Following five years of strong growth the construction industry in the Argentine capital Buenos Aires has begun a new cycle. In 2008 the total number of construction permits authorized by local authorities reached 2.5 million square metres which represents a contraction of 20.3% compared to 2007, and anticipates a decline in activity for this year, according to a report from the local consultants Real Estate Report.