Vivura.com News - French Property News
March 15, 2010
Huge amounts of foreign investment are expected to flow into the French property market following the introduction of the country’s first trust law. The new legislation could allow foreign pension trustees to invest in French leaseback property for the first time, as well as encouraging high net worth individuals to move ...Read more »
March 12, 2010
French President Nicolas Sarkozy suffered fresh poll woes at the weekend, with his popularity hitting new lows and his political allies forecast to suffer heavy defeat at this month's local elections. The regional vote, held over two rounds on March 14 and 21, is the last major ballot box test ahead ...Read more »
March 11, 2010
Pure investors from the UK have disappeared from a holiday home market now dominated by cash-rich lifestyle buyers, according to new research. The report from Savills International Research and holiday lettings company HomeAway.co.uk, revealed how far the overseas property market in the UK had fallen over the last year. Just 2% ...Read more »
March 10, 2010
France is set to be one of the top property markets in 2010 in terms of popularity with foreign buyers according to several reports. According to the recent survey from HomeAway.co.uk and Savills foreign buyers in 2010 will predominantly be wealthy lifestyle buyers, buying in cash. These will be looking only ...Read more »
March 9, 2010
French debt looks set to come under pressure in the near future with investors battered by the Greek crisis arguing it is pricey and does not reflect France's growing indebtedness. As a result, other euro zone paper, including Germany's and -- perhaps surprisingly -- Italy's, could be in for a filip. The ...Read more »
March 8, 2010
Unemployment in France rose to its highest level in a decade in the fourth quarter of 2009, new figures revealed yesterday. News that the jobless rate jumped to 10 per cent from 9.5 per cent in the third quarter comes as a blow to the ruling UMP party less than two ...Read more »
March 5, 2010
The Michelin guide France 2010 features a selection of the best restaurants and hotels in France. The new edition includes over 100 newly designated Bib Gourmand restaurants, exclusive offers in more than 1,000 restaurants during the Printemps du guide Michelin and a boxed set of regional guides. The Michelin guide ...Read more »
March 4, 2010
A Russian billionaire has lost a £36 million deposit he paid to buy the most expensive house in the world on the French riviera, plus another £1million interest. Mikhail Prokhorov - the world's 24th richest man - offered £360 million for the sprawling Villa Leopolda in 2008. After making a ten per ...Read more »
March 3, 2010
They are known as "Les Sages" — the wise men — and their role is to judge whether French laws are constitutional. As a massive reform expanding their powers went into effect Monday, French President Nicolas Sarkozy instructed them to be a little wiser than usual. The reform, described by ...Read more »
March 2, 2010
Hammerson, one of Britain's biggest property companies, plans to focus on France rather than the UK this year because it believes the country’s economy is in a stronger position to deal with financial uncertainty. The shopping centre and office developer, which owns stakes in Bristol’s Cabot Cirus and Birmingham’s Bullring shopping ...Read more »
