Wednesday, October 27, 2021

Real Estate

UK extends ban on evicting tenants during coronavirus outbreak

The British government said on Friday it would extend a ban on evicting tenants from social or private rented accommodation in England and Wales...

Canada’s mortgage insurer tightens rules as it forecasts home-price drop of up to 18%

The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, after forecasting declines...

Australia launches $470 million stimulus package for construction sector

Australia will give eligible residents A$25,000 ($17,323) to build or significantly renovate their homes, Prime Minister Scott Morrison said on Thursday, as Canberra moves...

Developer China Vanke plans $1 billion share sale to repay overseas debt

China Vanke Co Ltd <2202.HK> <000002.SZ> said on Thursday it planned to sell HK$7.89 billion ($1.02 billion) worth of H-shares to raise capital to...

Outdoor Swiss hotel ‘rooms’ give new meaning to light and airy

Two Swiss conceptual artists are offering seven open air "hotel rooms" this summer across a "performance space" encompassing eastern Switzerland and Liechtenstein. Guests "perform", without...

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