News Archive: property investment
24, 2011 November:
British investors now own less than half the office properties in London’s financial hub for the first time, according to new research by property firm Development Securities.
23, 2011 November:
International agency Fine & Country Spain has experienced a huge surge of interest from Russians looking to buy residential property in Marbella this year.
21, 2011 November:
Thai developers suddenly have a “golden opportunity” to buy up land in flooded areas at bargain prices according to Patima Jeerapaet, managing director of Colliers International Thailand.
18, 2011 November:
An increasing number of people are looking into the possibility of owning a property in Italy alongside either Lake Como or Lake Maggiore.
The average Londoner would need to more than triple their salary to buy the average price property in the capital, according to a new report from the National Housing Federation (NHF).
A total of 123,000 foreigners own 113,687 immovable properties in Turkey, the Anatolia news agency reported on Wednesday.
16, 2011 November:
Foreclosures are up again, home prices down again. But there’s actually some good news in the US housing market: Stan Humphries, Zillow Chief Economist, talks about the rise in investors buying homes for rentals.
14, 2011 November:
Overseas investors are flocking to Florida, as property sales increased by 51 per cent in the third quarter of 2011. The latest figures from the Miami Association of Realtors mark Florida's 13th quarterly rise in a row. As the number of foreclosures falls and investment increases, Florida's property market is flourishing.
11, 2011 November:
High secondary prices in the Singapore's market are forcing local buyers to invest in properties in Johor and the Iskandar region, say agencies across the city.
After the successful founding of JetBlue in America, CEO David Neeleman talks about his decision to move to Brazil and launch a new airline. Speaking of the strong economy and government support in foreign start-ups, Neeleman concludes that business opportunities in Brazil are booming for overseas investors.
10, 2011 November:
The Tourist Board of the Costa del Sol has created the new brand ‘Living Costa del Sol’ with the aim of encouraging the British to buy a home and reside in the region for at least six months of the year, an initiative which is directed at clearing some of the surplus of about 30,000 homes.
09, 2011 November:
The Old Town district of Romania's capital Bucharest is in need of refurbishment, with foreign investors showing an increasing interest in properties in this area of Romania.
08, 2011 November:
Cuba's property revolution has arrived, as the country allows the buying and selling of homes for the first time. New laws, which come into effect on Thursday, will officially create a Cuban property market, letting residents exchange, donate and sell real estate after years of bartering and swapping homes in illegal street markets.
Amongst a list of 10 destinations compiled by Frommers, Turkey was announced as the reader's top destination to visit in 2012, despite being up against strong contenders such as Paris, Italy and Hawaii.
London Councils report finds government plans to hand over control of housing finance to local authorities will open up opportunities to build more homes.
07, 2011 November:
Moscow has replaced London as the best city in Europe for real estate investment, according to a new report. The annual European Regional Economic Growth Index from LaSalle Investment Management saw Russia's capital take the top spot from the UK city, which fell down to second place.
Half a billion pounds of public money will be used to help developers complete stalled housing projects, ministers will announce today.
04, 2011 November:
The UK property market has experienced some significant highs and lows since 2008 but is now steadily regaining favour amongst investors as property focussed investment companies are proving a source of much sought after income, according to a new survey.
03, 2011 November:
Germany overtook the UK as Europe's largest retail property investment market in the third quarter of this year, with investors shying from Britain's weak economic growth forecasts and falling consumer spending, research showed.
01, 2011 November:
Santo Spirito, an island in Venice’s lagoon with a derelict convent, has been put up for sale by Italian real-estate investors for more than 20 million euros ($28 million).
Whole ownership “will become a luxury” in the overseas property market according to the Association of International Property Professionals’ chief executive Mark Sharp.
A new property fund is being created targeting London residential in order to capitalise on the development funding-gap which has arisen due to reduced bank lending.
The Spanish commercial property sector is likely to take longer than 12 months to recover, new research has suggested.
27, 2011 October:
Core-market European hotel investment increased by almost a third in the first six months of 2011 year-on-year, as €2.5 billion was ploughed into the market according to a new report out this week from BNP Paribas Real Estate.
26, 2011 October:
The world is watching Brussels today, where EU leaders are meeting to discuss the eurozone debt crisis. Disagreements between countries have fuelled fears that the crisis will only continue, but as property prices, taxes and demand fluctuate, careful buyers can still make a sound investment. It's crunch time for the EU, so where are your real estate escape routes?
The Spanish Banco Santander banking group is widely reported to be in talks to sell approximately 12,000 repossessed Spanish apartments to a group of Wall Street investment funds.
A Dubai-based architect is seeking investors to launch a theme park in Dubai based around the famous Disney VW Bug Herbie, Arabian Business has learned.
Analyst Mike Bessell looks at the pitfalls of investing in commercial property. Which areas should investors avoid?
25, 2011 October:
Overseas property agency Prestige Brokers had a hugely successful Property Investor Show & OPPLive last week selling “almost €5 million worth of stock over the 3 days,” managing director Zeeshaan Shah told OPP.
24, 2011 October:
A new bill has been proposed in the United States, which would give property buyers a free visa with every house purchased. The bill, which has been introduced to the US Senate, would let foreign investors live in the country if they spend $500,000 or more on American real estate, designed to encourage immigration to the USA and invite new buyers into the property market.
An interview with Smart New Homes, the portal where you can search for new homes direct from developers, at the Property Investor Show 2011.
20, 2011 October:
The Czech Republic is a conservative nation that tends not to get too carried away with talk of economic booms and busts, but there are signs of cautious optimism returning on the outlook for residential property in the capital, Prague.
19, 2011 October:
Buy to let was the big star of September, according to TheMoveChannel.com’s Investment Watch, which charts the level of interest in the overseas property portal’s listings. The most popular property on the site last month was in Cumbria, as the UK’s investment opportunities won buyers back from abroad to consider something closer to home.
Earlier this year a team from the BBC travelled to Cyprus to investigate a 500 million pound property ‘scam’ and why advice given to investors by Andrew Laird, chairman of ROPUK Network, may not add up.
Despite the global economic crisis, investment in property is still continuing to hold up well, according to the latest figures from financial and professional services firm, Jones Lang LaSalle.
As sovereign wealth funds compete with overseas clients to buy up every square inch of London, real estate investors could be overlooking lucrative opportunities on the other side of the channel.
18, 2011 October:
The economic catastrophe that Europe is facing hasn't put a damper on British buyer's enthusiasm to purchase property on the Continent.
With 90% of potential buyers now starting their search for a home online, it's no wonder that more and more of us are ditching traditional high street estate agents and choosing to sell our homes privately via online estate agents.
Global investment in real estate is holding up well despite the economic growth concerns with transaction volumes up 36% in the third quarter of 2011 compared with the same period in 2010.
Are you interested in investing in a rental property? If so, this video is for you.
17, 2011 October:
Property sales volumes continue to plummet in Cyprus, with no let-up in the downward spiral since July 2010. The number of homes being sold is now at a lower level than when the market crashed in 2009.
An influx of investment from across the border has returned property prices in the French Alps back to the levels seen before the crash of 2008.
14, 2011 October:
Global direct real estate investment volumes in the third quarter of 2011 totalled $99 bn (EUR 72 bn), up 36% on the same period in 2010, according to figures released on Thursday by Jones Lang LaSalle.
Presently, only 3.5% of foreigners (who are PRs) own private property and the numbers are set to decline.
13, 2011 October:
Greece has been living beyond its means in recent years, and its rising level of debt has placed a huge strain on the country's economy.
China Overseas Land & Investment Ltd , the country's largest property developer by market value, said sales in September totalled HK$6.6 billion ($848.33 million), down 18 percent from a year earlier.
IT is almost an understatement to say that superannuation auditor Chris Malkin is a strong believer in holding direct business and residential property in self-managed super funds.
11, 2011 October:
Over $1.3 billion were stuffed into Turkey's property market last year. The figures, released by the Turkish government, have shown that foreign investors are still keen to own a share of the country's booming real estate industry, as Turkey becomes one of the biggest success stories of recent years.
Dedicated Chinese overseas property investment website LuckyWu.com has been ‘overwhelmed’ with interest in its first three weeks of operations, hinting at a potentially lucrative market in the Asian superpower.