Property

Muddy Waters, a hedge fund, is warning that Blackstone's New York-listed Mortgage Trust could run out of cash. Carson Block, , chief executive officer of Muddy Waters, revealed on Wednesday the company had started shorting its stock. He…

Signa Holding filed for bankruptcy on Wednesday. It is the central company of the vast property group, which owns the Chrysler Building in New York, most of the German department stores, and a part of Selfridges London. Due to the rapid…

Jeremy Hunt's Autumn Statement aimed to increase benefits, but landlords still face a £1,700 shortfall in new rentals to social tenants. Economists warn that the increase announced in housing benefit payments last week only covers a…

The property company British Land has seen its profits soar as a result of the rising rental rates, and the demand for retail and office space. However, the increasing interest rates have reduced the value of the portfolio by almost £200m.…

Chestertons, the UK's oldest real estate agent, was sold to an European group that provides technology and services in real estate. This is the latest consolidation in the British Property Sector. Emeria, owned by Swiss private equity…

St James's Place suspended trading of its property fund due to a spike in redemption requests from investors. On Monday, the UK's largest wealth manager said that it has prevented withdrawals of £829.5mn from the property unit trust…

Rightmove’s dominance in online property search has been challenged by a US-based company that bought OnTheMarket's rival for £99m. Rightmove shares fell by over 12pc Thursday following the sale of OnTheMarket, which was sold to CoStar…

Evergrande's announcement on Thursday was both ominous and short. Hui Ka Yan was placed under " compulsory measures " for suspicions of "illegal crime". The company's one-page press release, which was usually short on information from a…

Meta paid £149mn for the right to terminate its lease at a major London project near Regent's Park. The move comes as big tech companies reduce their office space due to hybrid working. British Land which owns 1 Triton Square on Tuesday…

According to legal and company filings, the Chinese shadow bank that is at the center of concern over missed payments has loaned money to several of the struggling property developers in the country. Zhongrong is a shadow finance giant…

Barratt Developments' chief executive has warned that it will take at least two more years for the new home market to recover. The UK's largest housebuilder is cutting back on land purchases and pausing share buybacks in order to conserve…

The UK's largest private landlord will inspect its older buildings to check for dangerous concrete, which has caused the closure of hundreds school buildings in the last week. Mark Allan is the chief executive officer of Landsec. He said…

Country Garden, China's once largest private property developer based on sales, revealed a record 48.9bn loss ($6.7bn), as it struggles to survive the real estate industry's liquidity crisis. The group's six-month losses, announced on…

Nationwide data shows that UK house prices are at their lowest level in 14 years, as mortgage costs continue to rise. The Nationwide House Price Index showed that prices fell by 0.2 percent in July compared to the same period last year…

Renters forced to sell their properties by rising mortgage rates and redtape The chief executive of Foxtons said that the London property market was supported by landlords who were forced to sell their properties by higher…

Investors lowered their expectations of where interest rates will peak following a lower than expected inflation rate in June. Persimmon rose 8.3 percent, while Barratt Developments, Taylor Wimpey, and Taylor Wimpey each rose 7.8…

JPMorgan has backed a $430mn construction project loan secured by the luxury Miami condominiums, making it Florida's biggest this year. Credit is scarce for developers at this time. The loan will be used to fund the construction of Shore…

As mortgage costs increased, the pressure on the housing market caused a further decline in house prices and inquiries. According to a Royal Institution of Chartered Surveyors survey, professionals reported that the number of new buyer…