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Image Description: Sidd Mahajan is the founder and managing director of Tulip Real EstateLONDON, June 07, 2025 (GLOBE NEWSWIRE) -- In a landmark move that solidifies its presence in the UK's luxury hotel market, Tulip Real Estate, led by founder and managing director Sidd Mahajan, has acquired the prestigious 5-star Hilton London Syon Park for approximately £30 million. Image Description: Hilton London, Syon Park Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I...

UK house prices slump by £1,150 month-on-month (Image: Getty)Average house prices in the UK fell by around £1,150 or 0.4% month-on-month in May, according to a leading index.Property prices now average £296,648, compared to £297,798 last month, Halifax has said. But, despite the monthly price drop, property values are still more than £7,000 higher than last year, Halifax said. May’s month-on-month price fall follows a 0.3% increase in April. Amanda Bryden, head of mortgages at Halifax, said: "These small monthly movements point to a housing market that has remained largely...

Habitat for Humanity of Collier County progresses on new Naples communityScenes from Habitat for Humanity of Collier County's Majestic Place community. When construction is complete, it will have 109 single-family homes.Collier County's preliminary property values increased by roughly 3% to $229.3 billion in 2025.Taxable property values saw a larger increase of 8.2%, reaching $164.5 billion, largely due to new construction.While market value growth slowed, new construction added $4.18 billion to the tax rolls.The final tax roll will be submitted to the state on July 1st, with TRIM notices sent to...

Keir Starmer arson plot: Fourth man detained at UK airport over property attacksA fourth man has been arrested for being involved in several fire attacks linked to UK Prime Minister Sir Keir Starmer.These fires involved two buildings and a car connected to Starmer, with the aim of putting lives at risk. "The 48-year-old man was detained at London Stansted Airport on Monday and is being questioned on suspicion of conspiracy to commit arson with intent to endanger life, the Metropolitan Police said," reported Sky News.Previous arrests over UK Prime Minister...

House prices in the UK picked up again in May, helped by favourable market conditions for buyers, according to Nationwide Building Society.Prices rose by 0.5% compared to April, when they had fallen by 0.6%. The average property now costs £273,427. On a yearly basis, prices were up 3.5%, a slight increase from April’s 3.4% rise. Nationwide said the market remains “supportive” for those looking to buy. Robert Gardner, Nationwide’s chief economist, said: “Despite wider economic uncertainties in the global economy, underlying conditions for potential home buyers in the UK remain...

Despite tough market conditions lasting longer than expected, it is still a good time for investors to get into real estate investment, according to Custodian Property Income Reit fund manager Richard Shepherd-Cross. Custodian Property Income Reit has a portfolio of 150 properties and returned to profit in the last half of 2024. However, Shepherd-Cross admitted the market was taking longer to recover than expected. He said: “I am feeling reasonably chipper about the prospects at the moment. The window of opportunity for investors to get in at the bottom of...