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Olympics-Parisians get ready to leave city with rental cash in pocket
Date: March 27, 2024
Olympics-Parisians get ready to leave city with rental cash in pocket PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hits the French capital in late July, taking the opportunity to make some extra cash by renting out his apartment. Tucked just under...
Croatia’s tourist pearl dubrovnik seeks to reclaim city for locals
Date: March 14, 2024
Croatia’s tourist pearl Dubrovnik seeks to reclaim city for locals By Antonio Bronic DUBROVNIK, Croatia (Reuters) – Croatia’s historic city of Dubrovnik aims to lure back locals priced out by high tourist prices with a plan next month that includes banning new private rental permits, following the example of other popular destinations across Europe. Dubrovnik,...
Rightmove plans to expand non-core businesses; shares fall on customer outlook
Date: March 1, 2024
Rightmove plans to expand non-core businesses; shares fall on customer outlook By Aby Jose Koilparambil (Reuters) -Property portal Rightmove plans to grow its non-core businesses, such as commercial real estate, as the group forecast a drop in 2024 customer numbers, sending its shares down sharply. The company, which charges estate agents and homebuilders a fee...
London’s iconic BT tower to become a hotel
Date: February 21, 2024
London’s iconic BT Tower to become a hotel By Paul Sandle LONDON (Reuters) -London’s iconic BT Tower is set to become a luxury hotel after the owner BT Group agreed to sell the 177-metre building in the capital’s West End to MCR Hotels for 275 million pounds ($347 million). The tower, a symbol of London’s...
Piseth city investment’s strategic land acquisitions fuel cambodian real estate boom
Date: February 15, 2024
Image Credit: Piseth City Investment Piseth City Investment’s Strategic Land Acquisitions Fuel Cambodian Real Estate Boom Piseth City Investment is a significant player in Cambodia’s real estate market. The company’s success comes from its strategic land acquisitions, which have expanded its portfolio and influenced the dynamics of the real estate market in Cambodia. Piseth City Investment...
German commercial property prices post biggest-ever drop, data shows
Date: February 12, 2024
German commercial property prices post biggest-ever drop, data shows By Tom Sims FRANKFURT (Reuters) -German commercial property prices fell 12.1% in the final three months of 2023 compared with a year earlier in their biggest-ever drop, the VDP banking association said on Monday, as the nation’s struggling property industry suffers its worst crisis in decades....