leasing
Stamp duty impacts Hong Kong property market with sales down almost 50%
The decision to raise stamp duty rates to 15% for all but local first time buyers in early November has led to a slowdown in sales in Hong Kong. Residential sales fell by 47.3% month on month in December 2016 across all price ranges as the tax change combined with the holiday season to dampen […] The post Stamp duty impacts Hong Kong property market with sales down almost 50% appeared first on PropertyWire . Continue reading →
Office markets in UK regions resilient in UK in 2016 in face of Brexit
Regional office occupier markets outside of London and the South East have proven relatively resilient in 2016, despite Brexit, according to a new report. Demand for office space across the UK totalled 5.6 million square feet, a fall of 7% from the 2015 total of six million square feet and 3% below the five year […] The post Office markets in UK regions resilient in UK in 2016 in face of Brexit appeared first on PropertyWire . Continue reading →
Overseas investors boosted central London office market after Brexit vote
Central London’s office investment market has seen a strong 2016 with total turnover expected to reach more than £16.8 billion, some 20% ahead of the long term average. The research from real estate firm Savills also shows that the 2016 total is likely to be only 15% down on 2015, one of the strongest years […] The post Overseas investors boosted central London office market after Brexit vote appeared first on PropertyWire . Continue reading →