The FINANCIAL -- U.K. home prices posted their first annual gain in 19 months in October. New figures from Nationwide show that Property prices were 2% higher in October than in the same month the previous year.

The FINANCIAL -- Capmark Financial Group Inc., one of the largest commercial real-estate lenders in the U.S., filed for bankruptcy protection on October 25 after sustaining heavy losses in the troubled real estate market. The company posted a second-quarter loss of about $1.6 billion.

The FINANCIAL -- W&H Properties has awarded Newmark Knight Frank, the New York-based global partner of Knight Frank, the office leasing assignment for the world’s most famous office building and the flagship of W&H Properties’ eight-million-square-feet pre-war trophy Manhattan office portfolio.

The FINANCIAL -- The construction sector, badly hit by the global financial crisis, will not begin growing again until 2011 at the earliest unless the government makes major investments in infrastructure in the near future in a bid to rejuvenate the sector, a report by the Turkish Contractors Association (TMB) has stated.

The FINANCIAL -- Knight Frank’s residential property search website - http://search.knightfrank.com - has been awarded 5 in the Daily Mail UK Property Awards 2009 for the best UK estate agency website, the world’s most prestigious competition dedicated to finding the best real estate professionals across the globe.