Tuesday , May 23 2017

Real Estate

Australia regulators may increase lending curbs amid home boom

Australia may increase lending curbs amid home boom copy

  Bloomberg Australian regulators may take further steps to rein in mortgage lending amid growing concern booming home prices pose a risk to the financial system. Restrictions on interest-only loans announced last week were a “tactical response” to growth in lending to property investors, Australian Prudential Regulation Authority Chairman Wayne ...

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Aldar awards AED0.5bn contract for Yas project

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  ABU DHABI / Emirates Business Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, awarded its main contract for Mayan, a luxury residential development located on Yas Island, to Ghantoot General Construction, one of the leading construction companies in the region. The AED 500 ...

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