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For months, Sweden's government has sought to play down a property crisis that has throttled confidence in the Nordic state, repeating a simple message: While some companies are in trouble, the...
For months, Sweden's government has sought to play down a property crisis that has throttled confidence in the Nordic state, repeating a simple message: While some companies are in trouble, the country is not. Now Heimstaden Bostad, a $30 billion property investor with swathes of homes from Stockholm to Berlin, is grappling with a multibillion dollar funding crunch, which has rebounded on one of its owners - the country's biggest pension fund. That undoubtedly raises the stakes for Sweden, the European nation hardest hit by a global property rout triggered by the steep rise in inte...
Space for retailers, medical offices, a restaurant and a 121-room hotel are part of the planned expansion of a Lowcountry shopping center. Also, a new dining spot and a new
A citizens initiative that would let Santee residents decide the fate of high-density housing projects that do not comply with the city’s general plan will not be on the Nov. 6 ballot.
Residents who own a $200,000 home will see their taxes increase by $120.