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The European commercial real-estate market is shifting, with the hottest cities cooling off as investors’ interest in other locations grows. Real-estate markets throughout Europe saw investors pile in following the 2008 financial crisis. With the European Central Bank and the Bank of England pushing interest rates to historic lows, real-estate returns have become increasingly attractive to investors frustrated by tiny yields in the bond market. The cheap money the central banks were pumping into their economies also fueled the demand for property.
Now Holywood's super couple are split there huge property portfolio is next - with the French chateau where they were married the first one up for sale. Château Miraval is where Brad Pitt and Anglina Jolei tied the knot and is an expansive estate and vineyard in the village of Correns, France. Rumours are that all the joint property the pair owns is likely to be sold and US Weekly have reported that the pair are to put this French retreat up for sale after Jolie filed for divorce from the Fight Club star.
in recent years, the idea of MLSs “leveling the playing field” between real estate brokers has been controversial. Some large brokerages objected to MLSs providing services and tools that their brokers would otherwise offer to agents and consumers to differentiate themselves. But to Redfin, a brokerage in more than 80 markets across the country, there is at least one area where “leveling the playing field” is welcome: real estate data standards.
In a month’s time, Chancellor Philip Hammond will deliver his first Autumn Statement. A lot is riding on it. Many in the industry in fact are crossing their fingers that there will be another shock – in the form of a U-turn on George Osborne’s planned cuts to landlord tax relief.
Ireland is reversing its 2009 policy that stopped landlords from claiming full mortgage interest tax relief on their rental income. Britain is introducing a similar policy in April next year. In his Budget statement made last week, Ireland's minister for finance, Michael Noonan, said landlords would be able to claim 80pc tax relief from next year, up from a current level of 75pc.
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European Property Investors Look Beyond London
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