property prices

Chinese equities have slumped to a three and a half year low, amid concerns additional monetary easing stimulus will be shelved as property prices in the region soared to a fourteen month high.

Asian markets were boosted overnight by speculation the Chinese government is poised to begin loosening its monetary policy in response to the impacts of the eurozone debt crisis.

A trial date for the recovery of assets of Joe Ezaz, the former senior partner of a law firm who is accused of misappopriating €9.8m of investors' cash in the Stirling Mortimer Global Property fund, has been set.

Spanish banks will be required to find another €50bn in provisions to make up for ‘bad property assets' as the government carries out further reforms on the financial sector.

Real estate

The Invesco Property Income trust is proposing to change its investment objective as it seeks to dispose of assets prior to a planned winding up of the company.

Andrew Nicholas, manager of First State's £60m Global Property Securities fund, has moved overweight Japan, following the earthquake and tsunami in March.

Hornbuckle Mitchell's Mary Stewart examines the government's revamp of the tax relief system and the implications this could have for property investors

Some of the largest real estate managers are backing the launch of the UK's first property derivatives fund.

PROPERTY