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Spain to force banks to raise bad-loan provisions
Spain's government on Friday will force banks to boost their financial cushion against risky property assets, an official said, as Madrid struggled to soothe international worries.
9 May 2012, 8:54 am | click here to view more
Indonesia property gains in popularity
by Andrew BattIndonesian property is gaining in popularity with overseas buyers, according to data from one of the U.K.'s leading property portals.
9 May 2012, 5:36 am | click here to view more
Unibail-Rodamco Said to Buy Portugal Malls for $650 Million
Unibail-Rodamco SE (UL) , Europe ’s largest publicly traded real estate company, plans to enter the Portuguese shopping-middle market by purchasing two malls for about 500 million euros ($650 million), two people with knowledge of the transaction said.
9 May 2012, 3:37 am | click here to view more
Spain to Demand Banks Recognize More Losses
Stepping up efforts to keep its troubled banks, Spain is proposing banks recognize huge losses from its 2008 property accident.
9 May 2012, 10:14 am | click here to view more
Property sells for millions and supercars fly out of showrooms: This economic crisis makes less sense by the hour
MICHAEL HANLON: America teeters on the brink of another recession - yet vulgar flats and luxury cars are changing hands for fortunes. These are odd times.
18 May 2012, 9:02 pm | click here to view more
Greek politics, Spain banks test eurozone survival
Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains after an eviscerating austerity regime that has spawned unemployment, desperation ...
18 May 2012, 4:49 pm | click here to view more
Analysis: Portugal rent reform aims to save builders from collapse
LISBON (Reuters) - Portugal is close to imposing a "do or die" rental reform after a quarter of a century of argument, aiming to give the construction and property industries a last chance to avoid collapse. From the rundown, centuries-old edifices in downtown Lisbon or Porto, with clothes drying outside often masking cracks in the walls, to swanky new condos whose windows are mostly adorned ...
14 May 2012, 4:58 am | click here to view more
Euro zone turmoil boosts London property stampede
By Tom Bill LONDON (Reuters) - Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among ...
13 May 2012, 8:47 am | click here to view more
Euro zone turmoil pushes property buyers to London
The number of Europeans buying property in London has grown steadily over the last year as the euro zone debt crisis has worsened.
13 May 2012, 10:27 am | click here to view more
Spain unveils new bank reforms
The Spanish government unveiled a new reform package for its troubled banks Friday in a desperate bid to convince investors that the sector is solvent and the country has a strategy to avoid the bailout fate of Greece, Ireland and Portugal.
11 May 2012, 12:19 pm | click here to view more