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The Latest Breaking News on Real Estate

Plans to turn Cardiff Bay office scheme into 100 apartments

Property developer Rightacres has revealed £25m plans to transform a virtually empty office scheme in Cardiff Bay into serviced and build to rent (BTR) apartments. The Cardiff company, which is behind the now almost fully developed Central Square of

Birmingham Post

Inflation is coming back down, but Australia’s renters are still feeling the pain

High prices are hurting renters and low-income households

The Guardian - AU

Rental affordability worst ever seen for minimum wage earners, Anglicare says

In annual snapshot less than 1% of listings were affordable for renters earning minimum wage and only four rooms in share houses for those on jobseeker

The Guardian - AU

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Woman buys three houses in Italy for just €3 - and people say she's 'nuts'

The 49-year-old bought three run-down historic fixer-uppers in Mussomeli, Sicily and paid just €3 (£2.66) for them in total

Daily Mirror

Buccleuch reports significant 2022 profit hit

Executive chair points to 'glimmers of hope' within property valuations

Insider UK

Cost of Living: Homeowners warned of potential hikes to mortgage costs with interest rate rise expected

The first hike is expected to be announced by the European Central Bank at its May 4 council meeting

Irish Mirror

Persimmon says first-time buyers struggling to afford new homes in UK

Higher mortgage rates and less loan choice hitting sales to people trying to buy first property, says developer

The Guardian - UK

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Council agrees to accept £542,000 less than agreed for former bus station site after 200-home development put under threat

The developers will pay just £385,000 of the £927,500 due to Bolton Council for the Moor Lane site

Manchester Evening News

Inquiry lead set to speak to parents over botched roll calculations for Dargavel Primary School

An update has been provided on the external review led by former local government chief executive David Bowles.

Daily Record

Glasgow bid to tear down 'eyesore' office building for housing refused

Developers argued turning the former council social work office into housing would benefit the area, but councillors raised concerns over "excessive" car parking space and a lack of outdoor areas for residents.

Glasgow Live

Trump civil rape trial explained: How a chance department store meeting led to a court case decades later

Nearly three decades after E Jean Carroll claims Donald Trump raped her in a dressing room, the pair are facing off in court. Andrew Feinberg explains the case

The Independent UK

Plans for 1,400 Devon homes approved for major development near Exeter Airport

Housebuilder Persimmon has been given the green light by East Devon District Council for the scheme in Cranbrook

Birmingham Post

Show home at former Phillips Factory site is available to view

Potential buyers are invited to view the house which forms part of the 163 property Glow Garren estate in Hamilton.

Daily Record

House price gap narrows: eight remaining ‘affordable’ London boroughs with property prices below city average

Down from 12 in 2012, there are now just eight boroughs with property prices below the London-wide average of £532,000

Evening Standard

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The New Daily

Bandt blasts Labor, unveils plan to take over its base

Greens leader Adam Bandt has delivered a dressing down to the Albanese government as he unveils a plan sure to sink its housing policy.

The Independent UK

She got $0 from condo sale. Supreme Court weighs fairness

Geraldine Tyler, now 94, lost her one-bedroom condo in Minneapolis over $2,300 in unpaid taxes, plus interest and penalties

The New Daily

Fight over affordable housing puts renters in focus

Greens leader Adam Bandt is calling for a rent freeze and more investment in affordable housing but the prime minister says his proposed fund goes far enough.

ABC News

Greens vow to sink federal government's $10b housing fund, threatening first major defeat for Albanese

The federal government wants to establish a $10 billion housing fund to increase affordable supply, but Greens leader Adam Bandt says his party will sink it in the Senate unless the government does more for renters and ends tax discounts for some investment properties.

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The Guardian - AU

NSW urged to override councils to boost affordable housing near Sydney metro and train stations

The city is lagging far behind global leaders like London in affordable housing rules, say experts

The Independent UK

Donald Trump ‘raped’ columnist E Jean Carroll in 1996 and then ‘destroyed’ her career, jury hears

Nearly 30 years after an alleged sexual assault in New York’s Bergdorf Goodman department store, a jury has begun hearing evidence

Daily Mirror

Awaab Ishak housing group seeks new £168,000-a-year boss after mould death scandal

Rochdale Boroughwide Housing (RBH) was slammed following death of Awaab, who died following prolonged exposure to mould at the family’s flat

The Independent UK

The trailer park vs the millionaire: Why Mar-A-Lago’s neighbours are refusing to sell for $500m

‘We’re the last vestige of Old World Florida. We’re a kitschy place. I’d love to stay here forever,’ one Briny Breezes resident says. Graig Graziosi reports on the holdouts

The New Daily

Greens seek rent freeze in threat to block housing fund

The Greens will use their balance of power to block the government's signature $10 billion housing package unless it agrees to enforce a national rent

Manchester Evening News

New boss of housing association at centre of Awaab Ishak scandal to earn around £170k

Following the sacking of its previous permanent head, the housing association is searching for a new boss

StockNews.com

Real Estate Sector Sees Upswing as Commercial Properties Adapt to Remote Work: 3 Stocks to Consider

Remote working is here to stay, there is no doubt about that. While businesses adapt to the new norm, it poses an opportunity for the real estate service industry to evolve with new and innovative solutions. Given the upswing, fundamentally sound stocks FirstService Corp. (FSV), AMREP Corp. (AXR), and Comstock…

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