More countries see house prices begin to fall

The average house price across 56 countries and territories increased by 4.7% in the year to 30th June, reports Knight Frank, in a Global House Price Index that “offers a glimpse into the impact of Covid-19.”

Hungarian resi development giant Cordia makes its first UK splash

“Our goal is to become one of the leading and most diversified residential development groups in Europe,” says Cordia International’s Chairman Tibor Földi. “The acquisition and recapitalization of Blackswan is not only our debut in the UK, but the latest milestone of our international expansion strategy.”