Property Investment

Spain's collapsing residential property market is still overvalued, banking experts have warned.

Activity in the UK housing market has hit a three-year high, surveyors report, supporting hopes of a revival that would help the economic recovery.

The BBC has postponed an episode of Panorama covering overseas luxury property company Harlequin following allegations of bribery.

OFFSHORE

One of the main hotel resorts which received investment from overseas property firm Harlequin Property has not filed accounts for seven years.

A London law firm is pursuing 67 financial advisers who recommended clients invest hundreds of thousands of pounds in off-plan Cypriot properties which have either failed to be built or have plummeted in value.

The Financial Services Authority (FSA) has issued a warning to financial advisers about investing clients money in Caribbean property through Harlequin Property.

The National Employment Savings Trust (NEST) is looking for fund managers to run mandates in both UK direct and global listed real estate.

The Association of Investment Companies (AIC) has warned offshore investment trusts and UK REITs could be under threat from Financial Services Authority (FSA) proposals to ban promotions of unregulated collective investment schemes (UCIS) to ordinary...

A number of self-invested personal pension (SIPP) providers have stopped taking investments into Caribbean property fund Harlequin Properties according to its biggest UK distributor, after concerns about it were raised by a law firm.