In an attempt to reduce the advantages of structures that are located offshore, the UK is targeting non-UK property buyers with taxes for capital-gains. The government is planning to get the tax for capital-gains introduced on non-British commercial property buyers. This is expected to potentially disrupt money flow into the office buildings in London especially after Brexit. The tax is expected to be...
The property market in Dubai continues to show some definite signs of recovery well ahead of the World Expo that is happening in 2020. The Emirate has seen a total of AED 204 billion for transactions in real estate for this year. Since it has peaked in the year 2014, the prices of real estate properties in Dubai has been experiencing a slump...
The commercial property market in London is experiencing a downturn. This lead to an outlook for the market that is more subdued when compared to how the rest of the country is expected to perform. This indicates that the British capital is bucking the trend in the country which sees a rise in the demand from both occupiers and investors. RICS or the...