Fighting Fit

Stobart to buy Southend airport

Andrew Tinkler, head of the Carlisle logistics group, wants to create a niche air-freight airport at London Gateway

Construction shrinks at fastest pace in 11 years

Pressure mounts on Bank of England to cut rates this week after plunging demand for homes devastates construction sector

Nakheel cuts jobs as crunch sets in

Government-owned developer of country's manmade palm islands, has cut 15% of its workforce, as it scales back projects

The party’s over in Dubai

Local banks are in trouble and property prices have crashed. Is the bubble about to burst? Report by John Arlidge

House sales up but price trend still down

House prices have fallen by 1.5 per cent, wiping about £2,500 off the value of an average home, official figures show

Retailers given relief from 'medieval' rent regime

Some of the property industry's biggest landlords have said they will allow some to pay rent monthly rather than quarterly

Metrovacesa asks HSBC to buy back London HQ

Rocked by the financial downturn, Spanish property company makes offer to bank to take back its Canary Wharf tower block

Spanish developer falls with €2.3bn debt

Promociones Habitat is the second property firm to file for administration amid the collapse of the construction sector

Helical Bar sees opportunity in property slump

'Mouthwatering' prices are tempting for property veteran, but he has decided to remain patient before buying any assets

Cutbacks at beleaguered Quintain Estates

Regeneration specialist wields cost-cutting axe after posting 28 per cent fall in net asset value and big first-half loss

Pain continues but house price falls slow

Value of an average property dropped by 0.4 per cent, or £430, during November, according to new figures from Nationwide

Speedy Hire warns of more job cuts

Speedy Hire warned its 5,000 employees that a further round of job cuts would be inevitable as conditions deteriorate

New money on tap as emirates builders feel sting

A government-backed mortgage company is launched in Abu Dhabi to revive the property market of the United Arab Emirates

Property asking prices tumble as reality sets in

Homeowners desperate to attract buyers have cut asking prices by an average of nearly £17,000 over the past fortnight

Homeowners slashing prices by £17,000

Sellers desperate to move out of their homes have cut thousands off the asking price in a bid to secure a sale