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The Latest Breaking News on Real Estate

UK ‘fiscally offside’ by up to £60bn, Citi fears; house prices rise again – as it happened

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

The Guardian - UK

Scammer jailed for stealing close to $400k from cousin

Angela Liberatore, 50, has been sentenced after she was found guilty by a jury of 33 counts of obtaining financial advantage by deception.

AAP

Paralegal who stole $1.5m locked up ahead of sentence

A judge has locked up former paralegal Athena Razos, 59, as he said jail was inevitable after she stole more than $1.5 million from a Melbourne law firm.

AAP

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KPTCL plans underground substation in Bengaluru in PPP mode to augment transmission network

For augmentation of its transmission network to cater to the growing power demand in Bengaluru, Karnataka Power Transmission Corporation Ltd. (KPTCL) is planning to upgrade its existing Air Insulated Substations (AIS) to Gas Insulated Substations (GIS) through Public Private Partnership (PPP) model.

The Hindu

Land Grab Underlines Housing Crisis Ahead Of South Africa Poll

A violent stand-off between local residents and squatters that invaded a field outside Bloemfontein starkly underlines the politics behind South Africa's housing crisis ahead of May's cliff-edge general election.

International Business Times

Diversify Your Portfolio With These 3 Retail REITs

With consumer spending trends, population growth, and urban development, demand for retail properties is surging. Also, retail REITs are a popular choice for investors seeking income as they distribute a significant portion of their income in the form of dividends. Hence, it could be wise to add top retail REITs…

StockNews.com

Hyderabad sees 6,938 property registrations worth ₹4,247 crore in February

Hyderabad residential property registrations surge in February 2024, with higher-value homes dominating the market trends.

The Hindu

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Comment: 'London's social housing crisis is about to enter a death spiral'

London’s councils are on the brink of bankruptcy, but we need more social housing now more than ever

Evening Standard

Plans for 13-storey Hunter Street residential block revealed

The $14m proposal would be just under 45-metres tall.

Newcastle Herald

Uriah Heep's performance of Stealin' on The Midnight Special in 1973 is classic rock that's both classic and rockin'

Uriah Heep's performance, originally broadcast in September 1973, is the latest prize footage to appear on The Midnight Special's ever-growing YouTube archive

Louder

GDP figures show Australia’s economy grew by just 0.2% in the December quarter

Treasurer Jim Chalmers had been preparing the public for ‘quite weak’ economic growth at the end of 2023 as interest rate rises hit home

The Guardian - AU

Rethinking Financial Challenges In America: Total Wealth Academy's Alternative Approach To Income Generation

While it is undeniable that the cost of living in America has been steadily increasing across various sectors, focusing on only reducing expenses overlooks the issue of stagnant wages and income inequality.

International Business Times

Stamp Duty reform, a new mortgage scheme and a controversial tax move — what could tomorrow's budget bring?

Experts weigh in on what the Treasury could announce for London’s housing market

Evening Standard

Calls to urgently close legal loopholes that allow Vladimir Putin's allies to evade sanctions in London

Legal loopholes that could allow Vladimir Putin's allies to avoid UK government sanctions and own property in London need to be urgently closed, it has been warned.

Evening Standard

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International Business Times

China's Economic Woes Far From Over, Despite Optimistic Growth Goal

Beijing's leadership on Tuesday laid out an objective of "around five percent" gross domestic product (GDP) growth this year -- a dream of many developed Western nations but for China a far cry from the breakneck expansion that powered its rise.

Evening Standard

Warning unscrupulous landlords could use a loophole to avoid Airbnb-style short term lets crackdown

The Chancellor has announced tax perks for second home owners who rent out properties as holiday lets will be abolished

Evening Standard

Number of new homes completed across London plummets by almost 50 per cent

Only two boroughs managed to finish construction on more than 1,000 new homes last year

The Guardian - US

On the brink: California’s luxe clifftop mansions in peril after record rain

Homeowners in wealthy towns watching anxiously in face of heavy storms that have caused flash floods and coastal erosion

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AAP

'Move right now': warning on racecourse housing plan

Those considering whether to turn a century-old racetrack into 25,000 homes are being told there will be no second chances for the proposal.

AAP

Economy unlikely to have contracted but growth muted

The Australian economy looks to have narrowly missed a quarter in decline based on economic indicators released ahead of official growth figures.

The Guardian - US

Former Trump Organization CFO Allen Weisselberg pleads guilty to perjury

Longtime associate of ex-president faces five months in jail after reaching agreement with New York prosecutors in fraud case

Evening Standard

Sol Campbell slashes £10 million off price tag of his Chelsea mansion with a secret underground passage

The football star is now offering £15 million for the eight-bed home, which comes with some vintage interior design gossip

The Guardian - UK

The tragic secret that left me freezing without heating in my new flat

The previous owner’s body had lain undiscovered for months, and no one had responded to requests to connect the new gas supply

The Guardian - AU

Coalition flags expanding super for housing policy amid increase in house prices

Michael Sukkar says policy may need to be revised amid increase in housing prices but the ‘broad strokes’ would remain the same

AAP

Car lobby calls for more trains to prevent gridlock

Experts say Adelaide's rail network needs major expansion to prevent an influx of new residents bringing road traffic to a standstill.

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