Spain to Acquire 40,000 Homes from Sareb, Expanding Public Housing
The Spanish government will purchase around 40,000 homes from Sareb, a partly public entity, for an estimated €4 billion, expanding public housing and potentially impacting the construction sector; the acquisition method and long-term effects are still undefined.
Spain to Acquire 40,000 Homes from Sareb, Expanding Public Housing
The Spanish government will purchase around 40,000 homes from Sareb, a partly public entity, for an estimated €4 billion, expanding public housing and potentially impacting the construction sector; the acquisition method and long-term effects are still undefined.
Progress
36% Bias Score
Spain's Insufficient Housing Plan Amidst Soaring Demand
Spain's recent housing plan, announced by President Pedro Sánchez in November 2023, aims to tackle rising housing costs and limited access, but critics argue it's insufficient to address the doubling of housing demand in the last decade, driven by investment and household growth; the plan includes m...
Spain's Insufficient Housing Plan Amidst Soaring Demand
Spain's recent housing plan, announced by President Pedro Sánchez in November 2023, aims to tackle rising housing costs and limited access, but critics argue it's insufficient to address the doubling of housing demand in the last decade, driven by investment and household growth; the plan includes m...
Progress
36% Bias Score
Spain Unveils Housing Plan Amidst Political Divisions
The Spanish government unveiled a 12-point housing plan featuring tax incentives for landlords complying with rent controls, increased taxes on non-EU buyers, and a new public housing program, aiming to improve affordability but facing criticism for insufficient action.
Spain Unveils Housing Plan Amidst Political Divisions
The Spanish government unveiled a 12-point housing plan featuring tax incentives for landlords complying with rent controls, increased taxes on non-EU buyers, and a new public housing program, aiming to improve affordability but facing criticism for insufficient action.
Progress
48% Bias Score
Florida Housing Market Slowdown: High Interest Rates and Hurricanes Stall Sales
Florida's housing market is slowing significantly, with homes remaining on the market far longer than usual in December 2024 due to high interest rates and three major hurricanes that caused widespread damage and increased insurance costs.
Florida Housing Market Slowdown: High Interest Rates and Hurricanes Stall Sales
Florida's housing market is slowing significantly, with homes remaining on the market far longer than usual in December 2024 due to high interest rates and three major hurricanes that caused widespread damage and increased insurance costs.
Progress
44% Bias Score
LA Landlords Defy Laws, Hike Rents Amid Wildfire Crisis
In the wake of the devastating Los Angeles wildfires, landlords are illegally raising rental prices, violating California's anti-price gouging laws; this is causing further hardship for thousands of displaced residents, as highlighted by the case of a landlord demanding $23,000 monthly rent instead ...
LA Landlords Defy Laws, Hike Rents Amid Wildfire Crisis
In the wake of the devastating Los Angeles wildfires, landlords are illegally raising rental prices, violating California's anti-price gouging laws; this is causing further hardship for thousands of displaced residents, as highlighted by the case of a landlord demanding $23,000 monthly rent instead ...
Progress
40% Bias Score
Rome's 2025 Jubilee: Initial Economic Impact Falls Short of Expectations
Despite initial projections of significant economic growth in Rome due to the 2025 Jubilee, January 2025 saw a 60-75% decrease in vacation rental bookings, due to pilgrims' budget choices and tourists delaying visits to avoid crowds; this casts doubt on the estimated €4-4.5 billion revenue.
Rome's 2025 Jubilee: Initial Economic Impact Falls Short of Expectations
Despite initial projections of significant economic growth in Rome due to the 2025 Jubilee, January 2025 saw a 60-75% decrease in vacation rental bookings, due to pilgrims' budget choices and tourists delaying visits to avoid crowds; this casts doubt on the estimated €4-4.5 billion revenue.
Progress
48% Bias Score
Regional Australian Assets Attract \$110 Million in Private Investment
Private investors purchased nearly \$110 million in regional Australian assets, including Bunnings warehouses, petrol stations, and childcare centers, due to attractive yields in the low-interest-rate environment; Charter Hall's \$65.3 million Bunnings Nowra purchase and Burgess Rawson's \$39.6 mill...
Regional Australian Assets Attract \$110 Million in Private Investment
Private investors purchased nearly \$110 million in regional Australian assets, including Bunnings warehouses, petrol stations, and childcare centers, due to attractive yields in the low-interest-rate environment; Charter Hall's \$65.3 million Bunnings Nowra purchase and Burgess Rawson's \$39.6 mill...
Progress
48% Bias Score
Country Garden Posts Steep Losses Amid China's Property Crisis
Country Garden, formerly China's largest property developer, reported a $1.75 billion net loss in the first half of 2024, significantly impacting the struggling Chinese property market that saw nearly a 50% sales drop in the last three years, following a record $24.3 billion loss in 2023, and a defa...
Country Garden Posts Steep Losses Amid China's Property Crisis
Country Garden, formerly China's largest property developer, reported a $1.75 billion net loss in the first half of 2024, significantly impacting the struggling Chinese property market that saw nearly a 50% sales drop in the last three years, following a record $24.3 billion loss in 2023, and a defa...
Progress
40% Bias Score
Signa's Hamburg Properties Sold for "385 Million
Three prime Hamburg properties previously owned by the insolvent Signa Group—the Kaufmannshaus ("165 million), Alsterarkaden ("130 million), and a Gänsemarkt plot ("90 million)—were sold to new investors, resolving financial issues and enabling the completion of stalled development projects. The cit...
Signa's Hamburg Properties Sold for "385 Million
Three prime Hamburg properties previously owned by the insolvent Signa Group—the Kaufmannshaus ("165 million), Alsterarkaden ("130 million), and a Gänsemarkt plot ("90 million)—were sold to new investors, resolving financial issues and enabling the completion of stalled development projects. The cit...
Progress
36% Bias Score
Oxford Properties, AustralianSuper Create \$1.2 Billion European Warehouse Joint Venture
Oxford Properties Group and Australia's largest pension fund, AustralianSuper, formed a joint venture, selling a 50% stake in a \$1.2 billion European warehouse portfolio to boost the logistics sector and target a \$6.7 billion valuation in 3-5 years.
Oxford Properties, AustralianSuper Create \$1.2 Billion European Warehouse Joint Venture
Oxford Properties Group and Australia's largest pension fund, AustralianSuper, formed a joint venture, selling a 50% stake in a \$1.2 billion European warehouse portfolio to boost the logistics sector and target a \$6.7 billion valuation in 3-5 years.
Progress
8% Bias Score
Pershing Square Bids $85/Share for Howard Hughes Holdings
Bill Ackman's Pershing Square is offering $85 per share for Howard Hughes Holdings, a 38.3% premium, aiming to merge a new Pershing subsidiary with the real estate company, keeping current management.
Pershing Square Bids $85/Share for Howard Hughes Holdings
Bill Ackman's Pershing Square is offering $85 per share for Howard Hughes Holdings, a 38.3% premium, aiming to merge a new Pershing subsidiary with the real estate company, keeping current management.
Progress
40% Bias Score
SGK Rejects Ankara Municipality's Property Offer Due to Legal Restrictions
The Social Security Institution (SGK) rejected Ankara Metropolitan Municipality's (ABB) offer of 572 properties, including the Anafartalar Market, as collateral for debt repayment due to existing liens totaling approximately 3 million Turkish lira on properties valued at 1.193 billion Turkish lira, ...
SGK Rejects Ankara Municipality's Property Offer Due to Legal Restrictions
The Social Security Institution (SGK) rejected Ankara Metropolitan Municipality's (ABB) offer of 572 properties, including the Anafartalar Market, as collateral for debt repayment due to existing liens totaling approximately 3 million Turkish lira on properties valued at 1.193 billion Turkish lira, ...
Progress
52% Bias Score