- Property in Montenegro Pros and Cons [Amberlamb]
- Foreign investors less keen on Indian real-estate [moneycontrol.co.uk]
- Real Estate Investors Look Abroad for Deals [Optionetics]
- Interest in International REIT ETFs Increases as U.S. REITs Decline [ETF trends]
- A short history of Abu Dhabi real estate: Part two [AME Info]
- Are floating homes the future of housing in the US? [CNN]
- Gazit-Globe to invest $110m in Indian real estate fund [Globes]
Archive for August, 2007
International Property News Beat – Pros & Cons of the Montenegrin property market, foreigners reluctant in Indian real estate & floating homes in the US
by Overseas Property Mall on Friday, August 31st, 2007 in Property News Summaries
How Foreign Investors can Invest in Pakistan Real Estate
by Overseas Property Mall on Thursday, August 30th, 2007 in Pakistan Property
Korangi road-Karachi Pakistan [photo credits to hassamq7 via flickr]
With an estimated shortfall in housing construction of 270,000 units, it would seem that
Problems facing the property sector in
International Property News Beat – Tourism & the Malta property market, 5 top Caribbean real estate markets & commercial property in Bulgaria ‘saturated’
by Overseas Property Mall on Thursday, August 30th, 2007 in Property News Summaries
- Bulgaria’s commercial property market to see saturation [Sofia Echo]
- Kenya: Robust Property Market Attracts Global Players [All Africa]
- SEGRO Expands French Operations into Lyon [Immo News]
- Luxury property at an affordable price [Easier]
- Tourism increase fuels Malta property sales [Investment Intl.]
- Top 5 Places to Buy Caribbean Real Estate [NuWire Investor]
- Ireland – ‘20% of first-time buyers FTBs’ are foreign nationals [Ireland.com]
Property Investment in Ireland Looking Less Promising…are there Prospects in the Long Term?
by Overseas Property Mall on Wednesday, August 29th, 2007 in Irish Property
Grand Canal, Dublin [photo credits to infomatique]
If the Emperor Napoleon was alive today (but hopefully not planning an invasion) he might describe the Irish as ‘a nation of property investors’ both at home and abroad. Now that the outlook for residential investment is dimming somewhat, both nationally and internationally, a lot of questions remain about Irish property investment. Will there be a bust and, if so, how long for? Will better value at home mean Irish capital invested overseas in property being repatriated? Is there a ‘whole of
As far as the Republic is concerned, there certainly seem to be most of the ingredients for a serious downturn in residential property prices, chiefly very substantial increases in property prices over the last 10 years (the average price of a new house rose from €87,202 in 1996 to €305,637 in 2006) and a substantial oversupply of housing. Out of the country’s housing stock of 1.77m dwellings, 216,000 (12.2%) are unoccupied and this figure doesn’t include the Republic’s 50,000 holiday homes.
International Property News Beat – Albania: the last property secret, gain in global REITs & Kensington residents are London’s wealthiest
by Overseas Property Mall on Wednesday, August 29th, 2007 in Property News Summaries
- Buying property in Malta [Guardian]
- Albania: The last property secret [Easier Property]
- Bangkok office rents jump on global scale [Asia Property Report]
- Kensington - Corner in London where a £100,000 salary is the norm [Independent]
- Brad Pitt Tours ‘Global Green’ Housing Project In New Orleans [access hollywood]
- Bargains emerge in global REITs [Financial Standard]
- New Europe Property Investments to raise 25.8 mln eur through IPO [Hemscott]
China: Tweaking the Rules for Property Foreign Investment
by Overseas Property Mall on Tuesday, August 28th, 2007 in China Property
High rise apartment blocks under Construction in Shanghai [photo credits to DCF_pics]
The authorities in the People’s Republic of China (namely the central bank and the Ministry of Commerce embarked on another round of regulations for property investors in July, China Daily reports. The latest changes affect overseas borrowing for mainland
International Property News Beat – World’s most overpriced real estate makets, Abramovich buys mansion in North Cyprus & Europe experiencing house price down turn
by Overseas Property Mall on Tuesday, August 28th, 2007 in Property News Summaries
- World’s Most Overpriced Real Estate Markets [Forbes]
- Coldwell Banker opens office in St Kitts [SunsKitts]
- ProLogis launches new property funds in Europe, Mexico and South Korea [immo-news.net]
- Russian billionaire Abramovich invests in northern Cyprus [Turkish Daily News]
- Record land prices in Shanghai [China Economic Review]
- Real estate agents able to market to Moscow [bizjournals]
- Overheating sees house price downturn in Europe [Telegraph]
International Property News Beat – Bali and Phuket recovered, overseas golf & China’s changing foreign property laws
by Overseas Property Mall on Saturday, August 25th, 2007 in Property News Summaries
- Fortis Real Estate plans international growth, ‘too early’ [CNN]
- Dubai: A diamond in the desert [Cananda.com]
- Bali and Phuket ’recovered’ [Asia Property Report]
- Overseas golfing holidays enjoy strong support [holidaylettings.co.uk]
- Asian property retains allure in stormy market [Reuters]
International Property News Beat – Rising rents in Singapore, Aussie’s have invested $14.9bn in overseas property & Bulgaria’s property investment market to reach $3.7b in 2011
by Overseas Property Mall on Friday, August 24th, 2007 in Property News Summaries
- Australia developers Lend Lease Profit Rises 59% on Asia [Bloomberg]
- Rising rents in Singapore offer opportunities [Asian Property Report]
- Aussie’s put $14.9b overseas property [smh.com.au]
- European appreciation to slow gains in global property [IPE Real Estate]
- Property investment market in Bulgaria to reach $3.7 billion by 2011 [Sofia Echo]
- Rules for foreign property investors further tightens in China [China Daily]
Romania: Can the Property Market Withstand the Pressure?
by Overseas Property Mall on Thursday, August 23rd, 2007 in Romanian Property
Romania News Watch have published a briefing article by the Oxford Business Group suggesting that speculation in the country’s property market, especially from abroad, may be reaching dangerous levels. In particular, the interest of foreign property investment funds may not be a sign of commitment to Romanian real estate and that the first signs of weakening in prices could send them running for cover.
Since the beginning of the decade there has been an enormous rise in the prices of apartments. In central Bucharest, the country’s most important real estate market, prices have risen from 7,000 euros seven years ago to 100,000 to 150,000 euros this year. According to Global Property Guide, Bucharest apartment prices average 2,350 euros a square metre and the rental yield is a respectable 7.83%, which places it in a similar bracket to Tallinn, Prague and Brussels.
