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...Interest rate volatility because of inflation made investors nervous in dealmaking, as properties were held back from being put on sale pending more stability....
...allows the owner to reside in a property and sell that right on, although ultimately the building is owned by a landlord or freeholder....
...“They’re trying to spend as little time as possible in New York but have to come in for work reasons,” says Corcoran’s Pham....
...We’re not stupid and we want to succeed.”...
...Lawyers representing the home sellers said commissions were kept high through a decades-old system that required sellers to hire brokers in order to include their property on databases known as multiple-listing...
...The ebullient Jean-Charles Boisset of Burgundy arrived at Raymond in 2009, Chanel Inc bought St Supéry in 2015 and the next year the Tesserons of Ch Pontet Canet in Bordeaux bought Robin Williams’ winery...
...We’re in a nice part of London; we have a garden; there are original Victorian shutters on the windows and colourful paintings on the walls....
...The average price per square metre for a house in Cannes is €7,227; in Tourettes-sur-Loup it is €6,010 and in Mougins it is €6,858, according to Meilleurs Agents, a French property website....
...The commercial property market has suffered a brutal adjustment to much higher interest rates, which have slammed property values and increased financing costs in a market that relies heavily on debt to...
...We’re all familiar with home births but what of home deaths? Among the British aristocracy it’s long been de rigueur (mortis?) to bury family on country estates....
...Parisians aiming to cash in on the Olympic Games by renting out their apartments are struggling to lock in bookings as a glut of listings comes on the market, pushing down prices....
...“We’re in a great place to acquire,” said Derwent chief executive Paul Williams. “I think we’re seeing the investment market stabilise. I think we’re near the end.”...
...Perversely, property owners may be dissuaded in future from converting their properties back to long-term lets if they have to apply for another change of use, warns the campaign group Generation Rent....
...In recent months, the property developer has found himself on the wrong side of neighbours and local councillors....
...We’re not Chinese property experts, but whatever landing the property sector is experiencing doesn’t exactly look soft. China doesn’t feature in the IMF’s heatmap....
...They said: ‘We’re not heading into a mortgage rate catastrophe. So let’s get on and do what we need to do.’”...
...“It’s full every weekend, which is exhausting, as you’re always on,” she says....
...In 2020 he told the Financial Times that litigation was inevitable in the real estate business, saying: “If you’re not being sued by people, you’re not doing enough work.”...
...Days are calculated counting backwards from the day of entry on a rolling basis: stay for 90 days continuously and you cannot re-enter for another 90....
...“In respect to Signature and the teams that we’ve built, they’re doing a phenomenal job as indicated in my prepared remarks, they’ve had a great year,” Cangemi told analysts....
...And so we re-dimensioned the city that was once there for pedestrians and horses,” says Chiambaretta. “In Paris, there was even talk of covering the Seine with a highway. That’s how far we went!”...
...They’re not afraid because they see the opportunity to make deals and get in at a lower price.”...
...’re in the right place....
...“We’re in a different era that does not favour debt in relation to real estate purchases,” she says....
...“It makes it feel like you’re outside even if you’re in.”...
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