News

European Central Bank hands out $713B in loans

In a closely watched display of its firepower, the European Central Bank on Wednesday issued to Eurozone banks another massive round of the cheap, three-year loans that have helped avert a banking crisis but have not yet revived lending to businesses and households.Banks borrowed 529.5 billion euros, equivalent to about $713 billion, compared to 489 billion euros in December.

ARLA's top ten tips for Britain's growing number of first time landlords

Increasing demand for rental properties is creating a new investment opportunity for first time landlords, and 55% of lettings agents believe demand for rental property is now outstripping supply, according to the figures from the Association of Residential Letting Agents (ARLA).

Multi-million dollar resort on Dubai’s World island project cancelled

A five star villa resort located on one of the man made islands on Nakheel's The World development in Dubai is set to be cancelled by the emirate's real estate regulator, it is reported.