Wednesday, December 2, 2015

Irish Bad Bank Said to Plan $6.4 Billion Real Estate Loan Sales



Irish Bad Bank Said to Plan $6.4 Billion Real Estate Loan Sales


Ireland’s National Asset Management Agency plans to sell two portfolios of property loans with a face value of 6 billion euros ($6.4 billion) as it winds down its stock of risky commercial real estate debt, three people with knowledge of the matter said.




http://www.bloomberg.com/news/articles/2015-11-26/irish-bad-bank-said-to-plan-6-4-billion-real-estate-loan-sales

Tuesday, December 1, 2015

Michelangelo’s Tuscan Villa for sale

Michelangelo’s Tuscan Villa for sale


The idea of living in a Tuscan villa would on its own be fantastic enough. But if that villa was once the home of Michelangelo? This is no fantasy: Michelangelo bought this villa in Tuscany in 1549, at the age of 72, 30 years after completing the famed frescoes of the Sistine Chapel. The property subsequently stayed in the Buonarroti family for over 300 years.

Closer up. Photos: Handsome Properties International
http://blog.sfgate.com/ontheblock/2015/11/23/real-escape-michelangelos-tuscan-villa-for-sale/

The hotlist: where to travel in 2016

The hotlist: where to travel in 2016


Whitsunday Islands, Great Barrier Reef
Abercrombie & Kent customers are among the most discerning travellers, always on the lookout for exceptional experiences and places to discover.
But where will we be exploring in 2016? The luxury holiday specialists have given their verdict on the destinations set to become holiday hot spots over the coming year, with Abercrombie & Kent travellers leading the way.


http://www.telegraph.co.uk/sponsored/travel/luxury-holidaying/11884492/where-to-travel-in-2016.html?WT.mc_id=tmgspk_td_1144_11884492&utm_source=tmgspk&utm_medium=td&utm_content=1144&utm_campaign=tmgspk_td_1144_11884492

China's 'appetite' for investment in Italy growing

China's 'appetite' for investment in Italy growing



There is growing interest of Chinese investors for the Italian market, industry experts said.

"We have been supporting our clients for the last 30 years, by following them all along the path to reach the vast Asian market," Zhu Zhenmin, CEO of Genertec Italia, told Xinhua in an interview on the sidelines of the China Awards, an annual ceremony held here in Milan earlier this week to praise the companies and personalities that have contributed to enhance Sino-Italian relations.

http://www.ghanaweb.com/GhanaHomePage/world/China-s-appetite-for-investment-in-Italy-growing-397484

Les Français font confiance aux courtiers

Les Français font confiance aux courtiers



(Relaxnews) - 1 Français sur 3 rembourse un crédit immobilier. D'après une enquête réalisée par OpinionWay, ils sont près de 30% à avoir fait pour cela appel à un courtier.
Le courtage immobilier connaît une forte progression. En 2006, leur part de marché ne représentait que 15% des crédits, contre 29% aujourd'hui.

http://www.boursorama.com/actualites/immobilier-les-francais-font-confiance-aux-courtiers-7f19cb68e7eece871c6a1755081ced18

Immobilier : 37,5 ans, primo-accédant, 5 316 euros de revenus… le portrait robot de l’acheteur

Immobilier : 37,5 ans, primo-accédant, 5 316 euros de revenus… le portrait robot de l’acheteur


Ils ont moins de quarante ans, disposent de revenus conséquents et s’endettent plus longtemps. Tel est le portait robot de l’emprunteur en 2015, dressé par le courtier de crédits immobiliers Meilleurtaux.com, à partir des dossiers ayant transité sur son site et ayant reçu au moins une réponse positive d’une banque. Evidemment, le profil diffère du tout au tout selon les régions, les villes.

http://www.lemonde.fr/immobilier/article/2015/11/24/immobilier-37-5-ans-primo-accedant-5-316-euros-de-revenus-le-portrait-robot-de-l-acheteur_4816378_1306281.html#piSopv93FlgS3lZh.9

The Paris climate talks will emit 300,000 tons of CO2. That's a lot of hot air

The Paris climate talks will emit 300,000 tons of CO2. That's a lot of hot air

GettyImages-113610088

THE 2015 PARIS talks (formally known as the United Nations Framework Convention on Climate Change twenty-first session of the Conference of the Parties and the eleventh session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol—but let’s just call them the Paris talks) are going to draw about 22,000 official attendees.

http://www.wired.com/2015/11/the-paris-talks-could-produce-300000-tons-of-co2-hope-theyre-worth-it/

Greek residential property price slide gains pace in third quarter

Greek residential property price slide gains pace in third quarter







Greek residential property prices fell at a faster pace in the third quarter compared to the previous three-month period as economic contraction hit household income and employment, knocking values on banks' outstanding real estate loans.


http://www.ekathimerini.com/203767/article/ekathimerini/business/greek-residential-property-price-slide-gains-pace-in-third-quarter

Shakespeare's kitchen discovered in Stratford-upon-Avon dig

Shakespeare's kitchen discovered in Stratford-upon-Avon dig


Kitchen hearth and cold storage pit kitchen, including a hearth and cold storage pit, has been discovered by archaeologists digging up the playwright's home in Stratford-upon-Avon.
New Place, which was bought by Shakespeare in 1597, was the largest single dwelling in the town.

http://www.bbc.com/news/uk-england-coventry-warwickshire-34936744

LONDON HOUSE PRICE


LONDON HOUSE PRICE


the relationship between house prices and earning

HIGH HOUSE PRICES ARE DESTROYING LONDON ECONOMY

Soaring London house prices are costing the economy more than £1bn a year and preventing the creation of thousands of jobs, as individuals plough money into buying and renting instead of spending their cash elsewhere, a report has claimed. workers in many sectors were now priced out of the capital, while companies were being forced to pay more to attract staff and help them meet living expenses but also spending a huge amount of money to rent the company premises from parasite Landlords. The report said there was a knock-on effect on consumer spending, with money being spent on expensive mortgages and rents rather than other goods. It said as much as £2.7bn could have been spent elsewhere in 2015 if housing costs had kept in line with inflation over the past decade. This additional spending could have supported almost 11,000 more jobs, and meant a boost to the economy of more than £1bn this year. A report by property firm Savills found that London wasthe most expensive city in the world for companies to rent residential and office space.



http://londonhouseprice.com/2015/10/high-house-prices-are-destroying-london-economy/