The housing market in Paris, France continues to defy expectations, with demand continually outstripping supply. Prices are steadily rising, and an era of low interest rates (accommodative monetary policy) is fuelling demand among new buyers. An op-ed in the New York Times by Roxana Popescu revealed some startling insights about the French property market. According to the data, the average home price for an existing apartment in the capital city is on the rise, significantly higher than the boom time with 2011 property prices. The sale price in the desirable Sixth Arrondissement spiked from €11,300 per square metre in January 2015 to €14,000 per square metre in January 2019. In affordable areas of Paris such as the 19th Arrondissement, prices rose from €6500 in January 2015 to €8350 in January 2019. -- Advertisement -- Clearly, Paris is not reflective of the overall market for French real estate. In the City of Lights, demand continually outpaces supply, … [Read more...] about French Real Estate and Brexit Matters: Where to Next?
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Real Madrid vs TottenhamAudi CupAllianz Arena, Munich, Germany Tottenham and Real Madrid continue their pre-season preparations as the two clubs head to Munich to face off in the Audi Cup on Tuesday. Both sides are coming off the back of defeats, with Spurs losing 2-1 to Manchester United and Real suffering a humiliating 7-3 demolition against city rivals Atletico. The winners of this match will face either Bayern Munich or Fenerbahce in the final on Wednesday, and neither Mauricio Pochettino nor Zinedine Zidane will want to fall to successive defeats with the new season fast approaching. Here's what you need to know... Real Madrid vs Tottenham predicted lineups and team news With two matches in as many days planned for the mini-tournament, expect plenty of changes from both coaches. Gareth Bale expected to travel to Munich with the rest of Zidane's squad after the Welsh winger's family vetoed a lucrative proposed transfer to Chinese club Jiangsu Suning. Bale's inclusion against Spurs … [Read more...] about Real Madrid vs Tottenham: Audi Cup prediction and preview
Real Madrid vs Atletico MadridInternational Champions Cup The Madrid derbi comes to New Jersey as fierce city rivals Real and Atletico meet in the the International Champions Cup on Saturday. Real's pre-season started with a 3-1 defeat to the Bundesliga champions and looked to be heading for another against Arsenal, but Zinedine Zidane's side rallied to draw 2-2 with the Gunners before winning the penalty shootout 3-2. As for Diego Simeone's Atletico - who beat Los Colchoneros beat Guadalajara 5-4 on penalties to kick off their summer - Los Colchoneros are seeking a statement result as they face a transition season without Antoine Griezmann leading the attack. Here's what you need to know... Real Madrid vs Atletico predicted lineups and team news Zidane will be without Marco Asensio, who is likely out for the season after suffering a serious knee injury against Arsenal.# Gareth Bale could be in with a chance of starting after impressing off the bench against the Gunners, though Zidane … [Read more...] about Real Madrid vs Atletico Madrid preview
The real estate market is maintaining the good momentum that it has enjoyed for the last few years, and this can be seen in the consultancy market, which is attracting new players despite the fact that some analysts are predicting a crisis in the near future. Consultancy in the real estate market has long been an unknown in terms of size and turnover. And it is still opaque when it comes to the small army of agents carrying out transactions involving old properties between private individuals. But for the big real estate players managing offices, industrial spaces and new residential buildings, things are different and estimates are available.RE / MAX Romania, part of the world leader in real estate and the world’s number one franchise on this segment, estimates that the real estate consultancy market in Romania has reached about EUR 80 million, and predicts that the market will double in size in five years. The report also found that while in 2014 the market was characterized by … [Read more...] about Real estate consultancy tipped to double in value in 5 years
MOSCOW, Jun 14 (PRIME) -- Most bad assets of Sviaz-Bank, a subsidiary of Russia’s state development bank VEB.RF, are real estate property, they will be transferred under control of national housing development institution DOM.RF, and the remaining bad assets will be sold, VEB.RF First Deputy CEO Mikhail Kuzovlev said in an interview with PRIME, released on Friday. Sviaz-Bank is to be transferred to Promsvyazbank, a new government bank to handle defense order contracts in the conditions of Western sanctions, without bad assets. “Most of (the assets) are real estate that will be moved under control of DOM.RF. The rest will be sent to VEB.RF and their future will be decided. There are around 30 of the items, we will advertise them, and then sell,” he said. Three companies, willing to acquire turkey producer Eurodon from VEB.RF, will submit their bids until the end of June, Kuzovlev also said. “The deal is at its active stage. Initially, there were seven … [Read more...] about INTERVIEW: DOM.RF to get Sviaz-Bank’s real estate assets