More stories

  • in

    Overseas property buyers cautious amid economic and political uncertainty

    Recent policy changes and economic shifts are having an impact on international property investors looking at UK-based assets, according to UK brokers. Butterfield in the UK commissioned market research firm Censuswide to conduct an independent survey of 300 UK-based mortgage brokers. Seven in ten (71%) reported seeing greater caution among their overseas clients in anticipation […]
    The post Overseas property buyers cautious amid economic and political uncertainty appeared first on PropertyWire. More

  • in

    Seoul and Tokyo the fastest growing housing markets globally

    House prices have surged by 25.2% in Seoul in South Korea, making it the fastest growing prime market in the world. After Seoul comes Tokyo in Japan (16.3%), and Dubai (15.8%) in the United Arab Emirates. Knight Frank, which compared global markets across 46 cities, also noted that these three cities are also the fastest […]
    The post Seoul and Tokyo the fastest growing housing markets globally appeared first on PropertyWire. More

  • in

    Inntelo AI raises £506,000 pre-seed to accelerate rollout of AI concierge in hotels

    UK-based hospitality technology company Inntelo AI has raised more than £500,000 in a pre-seed funding round to fuel its commercial growth. It follows impressive early traction, with multiple hotels adopting its AI Concierge platform. The £506,000 round was led by venture capital fund Haatch and its partner British Business Bank, with participation from Look AI […]
    The post Inntelo AI raises £506,000 pre-seed to accelerate rollout of AI concierge in hotels appeared first on PropertyWire. More

  • in

    Inntelo AI appoints global advisory board to accelerate innovation and growth in hospitality tech

    UK-based hospitality technology company Inntelo AI has announced the formation of its global advisory board, comprising renowned hospitality leaders from the UK, Europe, North America, and the Middle East. Inntelo AI has developed a conversational and agentic AI tool for hotels. Its AI Concierge works alongside hotel teams to enhance guest experiences and streamline daily […]
    The post Inntelo AI appoints global advisory board to accelerate innovation and growth in hospitality tech appeared first on PropertyWire. More

  • in

    Trump tariffs could freeze Bank of England base rate

    The inflationary effects of President Donald Trump’s tariffs mean the Bank of England could keep the base rate at its current level for longer, according to an economist. While cutting the base rate from its current level of 4.5% could be a way to stimulate the economy, tariffs tend to have inflationary effects that would […]
    The post Trump tariffs could freeze Bank of England base rate appeared first on PropertyWire. More

  • in

    Overseas clients key to growth for brokers, but finding lenders and navigating policy changes are major challenges

    While most UK mortgage brokers are keen to grow their customer base internationally, finding suitable lenders and dealing with the complexities of government policy are proving to be significant obstacles when taking on non-UK clients, new research from RAW Capital Partners has found. The Guernsey-based specialist lender commissioned an independent survey of 300 UK mortgage […]
    The post Overseas clients key to growth for brokers, but finding lenders and navigating policy changes are major challenges appeared first on PropertyWire. More

  • in

    US commercial stock most in need of redevelopment

    Some 44% of office buildings in the US are seen as outdated and in need of investment, analysis from commercial real estate firm JLL has found. This compares to 34% in Europe, as some countries are ahead of others in terms of decarbonising commercial stock. New York, Washington DC, Paris, Chicago and London are particularly […]
    The post US commercial stock most in need of redevelopment appeared first on PropertyWire. More

  • in

    Barings Announces £250m Real Estate Mandate

    Barings has announced a £250m real estate debt mandate with The Phoenix Group for its matching adjustment portfolio. In partnership with Phoenix, Barings will build a portfolio of investment grade buy and hold UK commercial mortgage loan assets across a range of commercial property sectors, including industrial, residential and offices across Greater London and regional […]
    The post Barings Announces £250m Real Estate Mandate appeared first on PropertyWire. More