News

RICS: average UK property salary decreased

The average UK property salary decreased to £48,329 from £50,250 in 2011, due to an increase in junior respondents, according to the results of annual Royal Institution of Chartered Surveyors(RICS) and Macdonald & Company Rewards and Attitudes Survey.

Poor jobs outlook affecting property rents in prime central London

Residential property rents in prime central London fell by 0.2% in January and are now 0.6% below their September 2011 peak, according to the latest report from Knight Frank.

Positive economic outlook set to boost tourism and real estate on Cape Verde

The economy in Cape Verde is expected to rise 7.1% by 2013 from 5.6% in 2011, which will foster growth in the real estate sector, according to the experts of International Monetary Fund.