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08.10.26 - 09:02
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Kennerly: Ultra Wealthy See Long-Term Mideast Gains (Bloomberg)
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Despite heightened uncertainty across the region, a new report from Savills finds that Abu Dhabi and Dubai continue to rank among the world's leading wealth destinations. The report evaluates more than 100 global locations on how well-placed they are to attract the next generation of wealth. Rachael Kennerley, Director of Research at Savills Middle East spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)...
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29.09.26 - 15:24
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UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs (The Guardian)
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Average five-year fixed mortgage interest rate has hit 5.94%, its highest since October 2023, says MoneyfactsBusiness live – latest updatesDemand for UK mortgages slumped to a 32-month low in August as buyers were deterred by rising costs linked to the war in Iran.Just 54,918 mortgages for new home purchases were approved in August, the Bank of England reported on Tuesday, the lowest monthly total since December 2023. Continue reading......
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25.09.26 - 03:06
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Hong Kong catching up with Dubai in ′super-prime′ property sales amid Iran war (SCMP)
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Hong Kong has significantly narrowed Dubai's lead as the world's top market for “super-prime” residential property in recent months, as rising conflict weighs on activity in the Middle East market, according to Knight Frank.
Dubai retained first place for deals involving homes sold for US$10 million or more in the second quarter of the year, with 131 sales worth a combined US$2.17 billion, but the total value of those transactions fell 27 per cent compared with the previous quarter.
Hong Kong,......
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15.09.26 - 14:24
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Tel Aviv leads in home sales (Globes)
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The most popular city for homebuyers in May-July was Tel Aviv, where 1,730 apartments were sold, two-thirds of which were new, the Central Bureau of Statistics reports....
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