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China investors reallocate money to stronger developers

Investment managers may have taken advantage of the recent China junk bond liquidation and reallocated more of their money to stronger developers, Bloomberg Intelligence said in a report

Work starts at UK Land Estates' Tyne Tunnel Trading Estate

The scheme will deliver 4,485 sqm of industrial space for a range of occupiers

U.K. housing market remains strong

Despite considerable macroeconomic disruption over the last month, March saw persistently strong pent-up demand from buyers

London property prices rising at fastest rate for five years

Land Registry data showed that the average cost of a home in the capital surged 8.1 per cent in February to a new record high of $688,645.77

Demand from foreign buyers boosted London property market

There has been a 4% annual increase in the total number of London homes registered to overseas buyers, totalling 85,451 in 2021 versus 81,872 in 2020, according to Benham and Reeves

UK house prices rose fastest since June 2007

Two years on from the start of the pandemic, average property values have now risen by £38,709, or 16 per cent, since February 2020, Halifax managing director Russell Galley said

ANZ bank hikes fixed rates for home loan customers

The bank increased the rate on its three, four and five-year fixed-term loans by 0.40 per cent for owner-occupiers paying principal and interest on a package rate

Evergrande shares drop on scepticism over restructuring plan

Evergrande’s shares dropped 9.6% to $0.2054, the lowest in nearly two weeks

U.S. House leaders unveil China competition bill

Funding could be used to ‘relocate a manufacturing facility out of countries of concern, including countries that pose a significant economic or national security threat to the US,’ the House said

Evergrande shares rally after one-day trading suspension

The company's shares climbed 10 percent soon after opening for the afternoon session in Hong Kong before settling back to end 1.26 percent up at US$0.21