Cumberland woman arrested after entering condemned property marked ‘No Trespassing’
Cumberland, MD – A 47-year-old woman was arrested Saturday afternoon after officers found her inside a condemned property on Pulaski Street that was clearly posted with warnings prohibiting entry. Around 12:00 p.m.,…
Missouri decides not to ban unsupervised minors from carrying guns on public property
By Sharon Bernstein (Reuters) – A proposal to ban minors from carrying some guns on public property without a 21-year-old present failed to advance this week, as Republican lawmakers decided not to…
‘Using Stolen Property’: Disgraced Ex-FBI Official Says Computer Repairman Could Face Charges Over Hunter Biden’s Laptop
‘Using Stolen Property’: Disgraced Ex-FBI Official Says Computer Repairman Could Face Charges Over Hunter Biden’s Laptop Harold Hutchison on February 2, 2023 Former Deputy Director of the Federal Bureau of Investigation (FBI)…
Ocean County to pay $8.5 million to preserve Bretonwood property from development
BRICK TOWNSHIP, NJ – Ocean County officials have announced their intent to purchase a 32 acre parcel of land in Brick Township’s Breton Woods section to preserve for open space. County officials…
UK property market weakest since 2010 as uncertainty weighs: RICS
By Suban Abdulla LONDON (Reuters) – British house prices registered the most widespread falls in 13 years last month as buyer demand and sales activity weakened more sharply than expected in the…
Jackson council votes for township-wide property reevaluation
JACKSON TOWNSHIP, NJ – The Jackson Township council voted to approve a property reevaluation for all real estate located in the township. The process, which will involve a property reassessment for all…
PineBridge, Pictet raise China property exposure on recovery hopes
By Xie Yu HONG KONG (Reuters) – Global investors including PineBridge and Pictet are bolstering their exposure to Chinese property developers, betting that a slew of support measure for the crisis-hit sector…
China’s property sector shrinks 5.1% in 2022 – NBS
BEIJING (Reuters) – China’s property sector fell 5.1% in 2022 from a year earlier, value-added data from the National Bureau of Statistics (NBS) showed on Wednesday, heaping more pressure on policymakers to…
China’s 2022 property investment falls for first time since 1999
BEIJING (Reuters) – China’s property investment fell 10.0% year-on-year in 2022, the first decline since records began in 1999, compared with a decline of 9.8% in the first 11 months of the…
Dubai property price rises seen slowing further in 2023 – Betterhomes
By Yousef Saba DUBAI (Reuters) – Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year that saw a more than 60% increase…
Analysis-Gated UK property funds are open to further risk
By Carolyn Cohn and Elizabeth Howcroft LONDON (Reuters) – UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout restrictions prompted investors to reassess…
NYC Parks employee charged with possession of stolen property
NEW YORK, NY – NYPD detectives in lower Manhattan have charged 28-year-old Arkim Deberry, a New York City Parks employee with possession of a forged instrument and criminal possession of stolen property.…
China may ease ‘three red lines’ property rules – Bloomberg News
(Reuters) – China is planning to relax restrictions on borrowing for property developers to support the troubled sector by dialing back the “three red lines” policy, Bloomberg News reported on Friday. The…
Mayor Hill announces plan to develop housing, businesses at Toms River Ciba-Geigy property
TOMS RIVER, NJ – After denying the existence of a plan to build houses and retail businesses on the former property owned by Ciba-Geigy, now BASF, Toms River Mayor Mo Hill acknowledged…
South Korea eases property regulations across capital Seoul
SEOUL (Reuters) – South Korea’s finance ministry said on Tuesday it was easing financial regulations on home buyers in most districts of the capital Seoul, in an effort to support the country’s…
China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate policy in light of sluggish economic growth over the past several years…
World Bank cuts China growth outlook on COVID, property woes
BEIJING (Reuters) – The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of strict COVID-19 containment measures and persistent property…
Two Chinese property developers to raise funds via discounted share sales
HONG KONG (Reuters) – CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second such capital…
Court allows New York to enforce limits on guns on private property
By Nate Raymond (Reuters) – A federal appeals court on Monday allowed New York to restrict the carrying of firearms on private property under a new law adopted in wake of a…
Waning trust: China shadow banks pivot away from property to survive
By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) – For more than a decade, Chinese developers’ debt-fuelled construction boom enriched the country’s shadow banks, who were eager to capitalise…
Factbox-Regulatory measures to support China’s property sector
By Clare Jim and Xie Yu HONG KONG (Reuters) – Chinese property developers’ shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, the latest…
Factbox-Regulatory measures to support China’s property sector
By Clare Jim and Xie Yu HONG KONG (Reuters) – China’s central bank will offer cheap loans to financial companies to buy bonds issued by property developers, the strongest policy support yet…
Bank of China agrees to provide credit lines totaling more than 600 billion yuan to 10 property developers
BEIJING (Reuters) – Bank of China Ltd announced Friday that it had agreed to provide credit lines totaling more than 600 billion yuan ($83.8 billion) to 10 property developers, including Vanke and…
Postal Savings Bank of China to provide $39 billion of property sector financing
BEIJING (Reuters) – Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion) in financing to property companies including Vanke, Longfor and Country Garden, it…
German financial system under strain but property correction not seen: Bundesbank
FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles with rising interest rates and sky-high energy prices, but a correction in…
Police searching for road rage suspect who followed victim home, damaged property
MIDDLETOWN, NJ – Police in Middletown Township have a message for a man wanted for damaging a victim’s home after a fit of road rage. “If it was you that lost your…
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