One of London’s most expensive condominium buildings set to close after years of renovations

The owner of one of London ‘s most expensive condos is closing after more than four decades of renovations. 

In a move that has drawn comparisons to the sale of a British newspaper to a Chinese publisher, the former Royal Bank of Scotland building in Canary Wharf will close in October, according to The Globe and Mail . 

“The development team has undertaken an extensive and painstaking process to secure the long-term lease for the tower and to prepare for the redevelopment,” the newspaper reported. 

The Globe and Ma…

How much is a condominium?

More than 2,300 homes have been sold in Australia in the past year, according to a report from property website Trulia.

The average price of a single-family home is $8.9 million, and a two-bedroom house is about $4.5 million, according the report.

The report, which looked at sales from June 1 to July 31, identified the average price as $7.6 million.

There were 8,634 listings for condos and townhouses, with the average asking price of $1.932 million.

Trulia says condos have been gaining in popularity, but are still relatively pricey compared to townhouses.

Condos and townhouse sales surged in the last three months of the year, up 40 per cent compared to the same period in 2017, according it.

It said that as demand has grown in Australia, it has also been hit by a surge in the number of single-detached homes being sold.

This has created a “surge” in single-home sales, Trulia found.

The rise in single home sales has been driven by buyers in cities and towns looking for a safe haven in the CBD.

There have also been strong demand for detached houses, especially in Sydney, Melbourne and Brisbane.

There is a shortage of single home homes in some suburbs of Melbourne, for example, where the median asking price is $1 million.

Development Is Supported By

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