Price of homes in the U.K. rose more than expected in November due to pandemic-driven demand and shortages in houses for sale, Nationwide Building Society said on Wednesday. Average home prices increased by 0.9 percent to 252,687 pounds ($337,600) in …
Beijing has told the founder of the embattled Evergrande group to use his own money to lessen the company’s massive debt after the company’s crisis brought attention to billions of his wealth. Authorities in China issued the directive after the …
WeWork has started trading two years after an aborted IPO with a $9B valuation. WeWork, which had just finished merging with BowX Acquisition Corp was listed New York Stock Exchange under the ticker symbol “WE.” “We got here on a …
Real estate values in China dropped by 20 percent in August from last year as crackdowns on the property sector coincide with property giant Evergrande’s debt crisis. Average prices of new houses in 70 major Chinese cities grew by 0.16 …
Over 350,000 people have signed in a petition, targeting corporate landlords with more than 3,000 apartments each — will be voted on in a local referendum in September. According to polling, expropriation, which would require firms to give their properties …
United States District Court Judge Dabney Friedrich said the Public Health Service Act does not give CDC legal authority to impose the moratorium on eviction for non-payment. “The Court recognizes that the COVID-19 pandemic is a serious public health crisis …
WeWork has decided to go public through a merger with special-purpose acquisition company BowX Acquisition Corp in a deal that would value the office-sharing startup at $9 billion, including debt. According to people familiar with the matter, the New York-based …
Parts of the Amazon rainforest land the size of football fields are sold illegally on Facebook, the BBC reported. Land grabbers who do not hold legal land titles were found to be selling parts of the Amazon rainforest land, including …
US District Court Judge John Barker has ruled that the federal moratorium on evictions is unconstitutional in a statement made Thursday. The order to halt residential evictions was issued by the Trump administration in September and was made in an …