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Number of First Time Landlords Entering the Buy-To-Let Market at its Highest Lev...

A new survey by one of the UK’s largest landlord providers has cast an optimistic light on the buy-to-let industry. Mortgage provider Paragon has confirmed that the number of first time landlords entering the market is now at its highest level since the third quarter of 2012.

After reaching its lowest level in the middle of the 2008 crisis, new landlords have steadily found their way back into the market according...
 

Balder to acquire three-property package from Fabege

Fabege has divested the following properties: Skeppshandeln 1 in Hammarby Sjöstad, Murmästaren 7 on Kungsholmen and Fiskaren Större 3 on Södermalm. The buyer is Fastighets AB Balder. The divestment will take the form of the sale of companies at an underlying property value of SEK 815m.

The Skeppshandeln 1 project property is essentially fully let and is being sold while under construction, which Fabege will...
 

UK Landlords ‘face more red tape’ after Queens Speech - But not when using I Am ...

One of the twenty bills set out during the Queen’s speech will see landlords legally responsible for the immigration status of their tenants. They will also be susceptible to hefty fines should tenants passports and visas not be checked thoroughly.

This new bill has caused a certain amount of outrage as many in the property industry feel that they are being made responsible for something that the UK Border Agency...

MIRA VILLA CONDOMINIUMS QUALIFY FOR FINANCING WITH ALL MAJOR LENDERS

· Luxury Condo Community Earns Fannie Mae PERS & VA Approvals
MIRA VILLA condominiums recently met a major milestone earning the coveted Fannie Mae PERS and VA approvals, which make financing available to buyers through any major lender of their choice. The approvals are a guideline to lending institutions indicating that risks have been mitigated and a stringent audit has been completed by Fannie Mae.

“For...

Landscaping Can Impact Home Values, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to properly maintain their landscaping, which can significantly affect property values.

“If a landscaping change is positive, it can often enhance price and reduce a home’s time on the market,” said Appraisal Institute President Richard L. Borges II, MAI, SRA. “But if the change is negative, it...
 

#1 Real Estate Broker in Los Angeles

Tami Pardee of Pardee Properties Ranked #1 Real Estate Broker in Los Angeles
#1 Real Estate Broker in Los Angeles

May 13, 2013, Los Angeles - Tami Pardee, the owner and principal broker of Pardee Properties in Venice, has been ranked the #1 real estate broker by sales volume in the city of Los Angeles, according to Brokermetrics, the leading analytical tool for brokers, agents and MLSs. A Venice resident for...
 

WINCHESTER COUNTRY CLUB RELAUNCHES UNDER NEW OWNERSHIP OF COLORADO’S REAL CAPITA...

· Famed Golf Course, Community near Sacramento hosts more than 250 members and residents at opening launch party with Robert Trent Jones, Jr.
Famed golf course architect Robert Trent Jones, Jr., the original designer of Winchester Country Club near Sacramento, returned to the luxurious golf course community for the opening party of more than 250 members and residents as the new ownership group of Real Capital...

Hufvudstaden welcomes Prada to Bibliotekstan in Stockholm

Prada will open a store in autumn 2013, in one of Hufvudstaden’s properties in central Stockholm. The store will have approximately 650 square metres of floor space and will be located on the corner of Birger Jarlsgatan and Mäster Samuelsgatan in Bibliotekstan.

"Hufvudstaden aims to offer successful retailing and office tenants prime business locations in central Stockholm and central Gothenburg. We are therefore...
 

Kungsleden lets 3,900 sq.m. to F&S in Eskilstuna

Listed Swedish property company Kungsleden AB (publ) has signed a 15-year lease contract with fitness club Friskis & Svettis on a total contract value of approximately SEK 60 m. Sveaplan Municipal Centre is a retail property in central Eskilstuna, west of Stockholm.
The upper floor became vacant last autumn when furniture retailer Bernhardssons Möbler moved out, closing its store. Kungsleden is now converting...

Disclosure of major shareholding in JM AB (publ)

JM has on 2 May, 2013 bought back 30,000 shares. Following the transaction JM owns 4,200,962 own shares, corresponding to 5.02 percent of the total amount of shares and votes in the Company. The total issued and outstanding amount of shares in the Company is 83,671,215 and 79,470,253 respectively.