Posted on November 10, 2008 by overseaspropertyinvestor
BUDAPEST – Hungary’s financial regulator has suspended trading in the country’s real estate to “protect the savings” of investors.
Customers won’t be able to buy or sell real estate funds for 10 days, during which time managers will be required to provide information to investors and modify their procedures, the Budapest-based regulator known as Pszaf said [...]
Filed under: Budapest Property, Global Property News, Hungary Property | Tagged: credit crisis, hungary, Hungary Property, hungary real esttae, overseas property, property, Property Investing, property news | Leave a Comment »
Posted on October 16, 2008 by overseaspropertyinvestor
Overseas Property Investors warned as East Euro banks exposed to drop in some property prices
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Lending banks within East European countries, some of which are European Union members, risk being left out of any financial rescue plans and remain vulnerable due to their exposure to under-performing property markets.
The [...]
Filed under: Budapest Property, Economy, Estonia Property, Hungary Property, Latvia Property, Lithuania Property, Property Investing, Ukraine Property | Tagged: banks, credit crisis, esatern europe, property, Property Investing, property investment | 1 Comment »
