SUBSCRIBERS
Foxtons warns earnings hurt by property slowdown
Published Thu, Oct 23, 2014 · 09:50 PM
London
BRITISH estate agent Foxtons warned profits would fall this year due to a sharp slowdown in a London property market that has seen prices soar, triggering the steepest drop in its shares since the company listed last year.
"We now believe that market volumes in the second half of 2014 overall will be significantly below levels during the same period last year," the company said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%