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11.02.26 - 08:06
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Britain′s building standards are now so bad, even the super-rich are facing housing misery | Phineas Harper (The Guardian)
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Residents of the UK's most expensive flats have won a court case over defective pipework. If their homes are shoddily built, what hope do the rest of us have? Even multimillionaires can't escape Britain's cowboy builders, it seems. Last week, residents of One Hyde Park, the UK's most expensive flats, won a £35m court case against the contractor that built their homes. The high court ordered the construction company Laing O'Rourke to fix defective pipework that was discovered to be causing problems in 2014, only three years after the luxury development was completed.At the other end of the economy, tens of thousands of families are facing damp and mould issues also caused by botched building works. A National Audit Office investigation revealed in October last year that a staggering 98% of external insulation fitted under the previous government's home-improvement schemes was installed so ineptly that it will have to be repaired or replaced.Phineas Harper is a writer and curator Continue reading......
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10.02.26 - 12:30
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China′s property woes likely to hurt some Hong Kong banks′ 2025 earnings: Citi (SCMP)
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China's commercial real estate stress will force some Hong Kong banks with significant exposure to the sector to set aside additional reserves for potentially higher non-performing loans, which could weigh on their second-half 2025 earnings, according to Citi.
In a report on Tuesday, Citi Research said Bank of China (Hong Kong) (BOCHK), the Hong Kong subsidiary of state-owned Bank of China, and Bank of East Asia (BEA) had the highest exposure to China's commercial real estate, which is under......
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10.02.26 - 11:06
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Immobilien werden teurer: Preise und Mieten ziehen 2026 an (DPA-AFX)
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FRANKFURT (dpa-AFX) - Hohe Nachfrage, knappes Angebot: Wer in Deutschland eine Wohnung oder ein Haus kaufen will, findet kaum Schnäppchen - und Besserung ist nicht in Sicht. Im vergangenen Jahr haben sich Wohnimmobilien im Schnitt um 4,2 Prozent verteuert, ......
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