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Housing news

France passes office conversion change that could add 20,000 Paris houses

French MPs have passed an amendment to the nation's housing law to ease conversion of offices to residential in a move that the government (...)

German 1Q18 resi prices up 9.2%, CRE 7.4% higher - Pfandbrief banks

German real estate made a dynamic start to the year, with residential prices in the first quarter up 9.2%yy and median commercial real estate (...)

Colliers in 'transformational' $450m deal for 75% of US Harrison Street

Global real estate adviser Colliers is paying $450m for a 75% stake in Harrison Street Real Estate Capital, a US-based investor increasingly active in European student housing which (...)

European home loans up 4.3% in 2017, average mortgage at €42,000

Outstanding residential property loans in Europe rose 4.3%yy last year to reach €6.4tr at the end of 2017, up 13% since 2012, according to (...)

French govt sets roadmap to housing tax abolition by 2021

France is to abolish housing tax by 2021 and should replace some €20bn of lost revenues by diverting other property tax income or reallocating (...)

Paris region housing starts up 12%yy in March - Immostat

Housing starts in the Paris region in March outpaced the rest of France, rising 12%yy to 81,000 units, while permits for new dwellings climbed (...)