Wednesday, March 3, 2010

FACTBOX-Greece's 4.8 bln euros extra austerity measures - Reuters

Washington Post

FACTBOX-Greece's 4.8 bln euros extra austerity measures
Reuters
The government will increase excise taxes on gasoline, cigarettes, electricity and luxury goods, expecting the move to give revenues a 1.1 billion euro ...
Report From Europe: Mergers and Acquisitions Lead the WaySeeking Alpha (blog)

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First Ever Auction of Beacon Hill Home, Today - Earthtimes (press release)

First Ever Auction of Beacon Hill Home, Today
Earthtimes (press release)
“We're excited to be a part of the first ever luxury property auction in Beacon Hill,” said Jeremy Freid, Principal of Great Rock Auctions. ...

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Upscale London Real Estate Prices Near Peak Levels - NuWire Investor

Upscale London Real Estate Prices Near Peak Levels
NuWire Investor
See the following article from Property Wire for more on this. Luxury real estate prices in central London jumped 17% in February from a year earlier, ...

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Russian billionaire loses £36m deposit on luxury property - Wealth Bulletin

Russian billionaire loses £36m deposit on luxury property
Wealth Bulletin
Last year, Prokhorov had abandoned a 2008 agreement to acquire the clifftop property for €390m ($531m) from Lily Safra, the widow of Edmond Safra, ...



Hong Kong to hike luxury property levy to 4.25% - MarketWatch

Earthtimes (press release)

Hong Kong to hike luxury property levy to 4.25%
MarketWatch
... budget address that the government would increase the levy on luxury property transactions in an attempt to offset the risk of a property price bubble. ...
Hong Kong Luxury Home Tax May Drive Speculators to Mass MarketBusinessWeek
Hong Kong, afraid of bubble, ups luxury property taxReuters India
Hong Kong to raise duty to avoid property bubbleAFP
ForexTV.com -Property Week News -Globe and Mail
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HKMA Set Minimum on Home Mortgage Rates, ICBC Says - BusinessWeek

HKMA Set Minimum on Home Mortgage Rates, ICBC Says
BusinessWeek
The government raised taxes on luxury-home sales and pledged to boost apartment supply after saying last week that fourth- quarter economic growth ...

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Sun Hung Kai Pays US$434 Mln For HK Site; Above Expectations - Wall Street Journal

International Property Journal (blog)

Sun Hung Kai Pays US$434 Mln For HK Site; Above Expectations
Wall Street Journal
The move would follow the Hong Kong Monetary Authority telling banks late last year to raise the standard downpayment ratio on luxury properties to 40% from ...
Sun Hung Kai Wins Hong Kong's First Land Auction of the YearBusinessWeek
Sun Hung Kai Shines after HK Real Estate AuctionDailyFinance
SHK Prop pays lofty $432 mln for HK land siteReuters India
Trading Markets (press release) -BusinessWeek
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