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18.10.26 - 17:00
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Manchester City owner′s £55m housing loan while Burnham was mayor investigated (The Guardian)
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Scrutiny committee looks into financing of Manchester Life project as PM promises 'full transparency'A £55m loan to Manchester City's Abu Dhabi owner will be investigated as part of a review into a fund for housing projects while Andy Burnham was mayor.The prime minister has faced weeks of scrutiny over his links to Manchester City's super-rich owners after the club was found guilty of boosting its income by £900m in a nine-year breach of financial rules. Continue reading......
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18.10.26 - 05:00
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New property purchase disclosure rule in Japan sparks fears it may curb foreign investment (SCMP)
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Tokyo's implementation of a rule that requires all property buyers to declare their nationality is raising concerns among investors, according to analysts.
Japan's shift from an ultra-loose monetary policy to gradual normalisation of its interest rates was also likely to force investors to reconsider whether real estate assets were still attractive, they added.
“Japan has had a really strong run for the last seven or eight years,” said Neil Brookes, head of Asia-Pacific capital markets at......
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