3i-backed Countrywide takeover bid voted down (Financial Times) (Estate Agents)
3i-backed Countrywide takeover bid voted down (Financial Times)
Countrywide’s shareholders defeated management in its bid to take Britain’s biggest estate agent private. More than 40 per cent of voting investors rejected the attempt, which was backed by 3i, the private equity group.
Maine home sales down in 2006 (Sharewatch)
The association, which tracks sales of homes by licensed real estate agents, said 13,359 single-family homes were sold in Maine last year, down 7.2 percent from 2005. The median sales price was $192,519, up 0.8 percent from a year earlier.
Drop in house prices likely as sellers stay out (Financial Times)
US house prices are likely to fall this year after the number of people selling their homes fell by the most in 17 years in 2006, according to a leading estate agent.
Business News (Isle Of Man Online)
ISLAND lawyers, estate agents, insurance brokers and casinos could be affected by a new EU directive which promises to further tighten controls on money laundering.
Average house in Wales costs 168,606 (NewsWales)
Asking prices for properties in Wales were up 2.9 per cent from December to January, according to a new survey by online estate agent Rightmove. This is the largest rise of all regions of England and Wales.
For sale: Berlin country estate, one Nazi owner (Times Online)
The hideaway villa used by Joseph Goebbels, the Nazi propaganda chief, to entertain his lovers is to be put up for sale in an attempt to bail out the cash-strapped city of Berlin.
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3i said willing to re-enter fight for Countrywide (Reuters.co.uk) LONDON (Reuters) - Investment fund 3i will consider making another bid for estate agency Countrywide if U.S. rival Apollo Management made an offer, people familiar with the matter said on Tuesday. Sainsbury stocktakes its properties (Financial Times) Property agents are beginning their annual valuation of J […]
Helping hand for first-time buyers (Belfast Telegraph) A leading Ulster estate agent will hold a special event tonight in a bid to boost the number of first-time buyers in the property market. Helping hand for first-time buyers (Belfast Telegraph) A leading Ulster estate agent will hold a special event tonight in a bid to boost […]
Cash Clinic (The Scotsman: Business) WHEN we moved as a family to a new home 30 years ago, I kept our former home and let it out. I engaged a chartered accountant and the letting rent was declared each year on my tax returns. Why a third bedroom costs you 30k (icWales) IT MAY be […]