Bushey Phil

According to the latest Jones Lang LaSalle office index, rents for office space in Hong Kong and Singapore increased for the first time since 2011 . for rent Singapore's rents increased by 0.6 percent over the previous quarter, while Hong Kong's rents increased by 1.5 percent. With a 9.8% quarterly growth and a 37 percent yearly increase, Jakarta's office market dominated the region. However, only 14 of the region's 27 markets saw rises, while the rest steadied or dropped, according to JLL, with overall rental growth of only 0.2 percent compared to the previous quarter. In the statement, Jeremy Sheldon, managing director, markets, at Jones Lang LaSalle, said, "Demand for office space has been weak throughout the second quarter of this year." "While we've seen some revived engagement from local corporations and specialized areas like pharmaceuticals and technology, the overarching focus remains on cost containment." However, the supply side ...

One of China's major construction firms has agreed to fund an £800 million ($1.3 billion) development surrounding Manchester Airport, the first hint that Beijing is following through on a vow to significantly increase its infrastructure investment in the United Kingdom.  estate agents The Greater Manchester Pension Fund (GMPF), Beijing Construction Engineering Group (BCEG), and Carillion PLC will collaborate to develop Manchester Airport City, which has been dubbed the UK's largest regeneration project since the Olympics. Offices, hotels, innovative manufacturing, logistics, and warehousing are all planned for a total of 5 million square feet. As part of Chancellor George Osborne's trade mission to China, the agreement was announced. Mr. Osborne told reporters, "I am adamant that Britain does not repeat the mistakes of the past, which saw investment and growth focused only in the City of London, as essential as it is, but instead ensures that investment from Chin...

According to Knight Frank, worldwide luxury residential prices stagnated in the third quarter, registering the slowest quarterly gain since 2012.  discount Prime property prices grew 1.2 percent in the third quarter compared to the previous quarter in all 27 locations tracked by the firm. The third quarter, on the other hand, is consistently the lowest for the worldwide home price index, according to the firm. In the report, Kate Everett-Allen, worldwide residential research, said, "The slowdown can be largely ascribed to reduced sales activity in the summer months and this year to the time of Ramadan." The survey shows that global cities have had robust yearly price rise, with prime property prices rising by an average of 6.6 percent in the year to September, the highest increase since the third quarter of 2010. Despite the Chinese government's different housing policies, home price rise continues to outperform predictions, according to the business. In the third quarter...

Rents: Can tenants and landlords agree freely to rents in Poland? Rents between landlord and tenant can be freely negotiated. Poland Immobilien Any increase in rents in all new tenancies was limited by an important new legislation (UOL) passed in July 2001 (see below) to below the inflation rate. This provision was immediately declared unconstitutional. Furthermore, before July 2001 tenancies leased would remain highly rent-regulated, but only until the end of 2004.  for rent There was no news at the time of writing about the extension of this date. Thus, under a) the ruling of the Constitutional Court and b) the failure to change the UOL rental deregulation deadline at the end of 2004, the whole rental market now seems to be free. The indexation of rent clauses is legal. The legal status of other gradual rent augmentation clauses is unclear. The property owner can increase the rent once every six months with an advance of one month. Deposits The maximum deposit is ...

Non-payment EVICTION OF RENT Duration until process service 1800 is completed Trial Duration 90 Enforcement Duration 720 Total Evict Tenant Days 270 Courts: Project Lex Mundi   Polish tenancy law is spread over the entire statute book. The Civil Code of 23 April 1964, Part 3, Title XV11, Article 1, Arts 659-692; the Tenancy Decree of 28 July 1948, the Tenancy Act of 2 July 1994, the Cooperative Housing Act of 15 December 2000, the Protection of Tenant's Rights Act, Common Housing and civil code amendments of 21 July 2001, and the amending Act of 9 May 2003,  estate agents Brief History: Polish landlord and tenant legislation has recently changed The incoming Communist Government allocated homeless houses after the devastation of World War 11; up to 1974 families were still sharing one-family flats. New housing sources, cooperative housing and state-owned housing appeared in the 1960s. Pre-war rents were fixed and not increased until 1965. Privatization quic...

Poland lies in Europe's very heart. It is full of history, its culture enriched by about a dozen ethnic peoples. It also has natural diversity, from the sea to the mountains and lakes to the sand dunes. Warsaw's capital still bears the scars of World War II, not the most beautiful city in Europe. Drab building blocks and social-realistic architecture from the Soviet post-war period take up much of the skyline. But in the six years since Poland joined the European Union, new glitzy luxury hotels have come into being and it is always worth visiting in the richly historic city of Stare Miasto.  discount The incredible cultural and natural wealth of Poland is a unique combination from the historical treasures and beautiful architectural sites of Cracow to the spectacular Tatra Mountains to the South. The country has one of the best preserved collections of medieval wooden architecture. It's mainly roman Catholic in sacred architecture and has some of the orthodox and Jewish...