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Archive for November, 2007

The World’s Most Expensive Office Markets

by Overseas Property Mall on Friday, November 30th, 2007 in Commercial Property, Property Industry News

London retains the number one slot as the most expensive office market in the world, with occupation costs reaching as much as $329 per square foot in the West End and $181 per square foot in the City. Rents at the top of the market have been inflated by demand from hedge funds and financial boutiques competing for the best buildings.

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Starbucks Coffee Enters Bulgarian Market

by Overseas Property Mall on Friday, November 30th, 2007 in Bulgarian Property, Commercial Property, Property & Real Estate Press Releases

Coffee shop chain Starbucks is entering the Bulgarian market with plans to open its first shops there in 2008. The information was confirmed by DB Interconsult – Starbucks’ current consultant company in Bulgaria.

Starbucks will use Marinopoulos, the company which introduced French retailer Carrefour to the Bulgarian market, to introduce the brand. For now, Starbucks have set their sights on Sofia, but there is the possibility of expanding its chain in the bigger cities around Bulgaria. Currently Starbucks is looking for a team to run and develop the company in Bulgaria – shop managers, HR managers, marketing specialists, real estate experts and a regional manager.

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Interview with Stefan von den Driesch – CEO Ourbania.com, a Web 2.0 Real Estate Community

by Overseas Property Mall on Thursday, November 29th, 2007 in Internet Marketing, Interviews, Online Start-ups

Stefan von den Driesch, the CEO of Ourbania.com; a unique Web 2.0 community for architecture, real estate and construction enthusiasts is our guest this week. Mainz/Germany based Ourbania.com has been creating a buzz in the blogosphere. We asked Stefan to share a few thoughts with us, and he was kind enough to oblige.

What exactly is Ourbania.com? Can you please expand more on its concept?

Ourbania.com is built upon two cornerstones: First, it’s a vivid online directory of outstanding commercial real estate property worldwide. It’s based on the contributions of its users and taps relevant online resources (e.g. Flickr photos, Google maps).

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International Property News Beat – Billionaire Brits feeling property pinch, Shenzhen property sales cooling off & Abramovich searching for Tel Aviv home

by Overseas Property Mall on Wednesday, November 28th, 2007 in Property News Summaries

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CityScape Asia 2008

by Overseas Property Mall on Wednesday, November 28th, 2007 in Property Exhibitions & Events, Property Industry News

cityscape asia

The upcoming CityScape Asia exhibition in Singapore promises to be a spectacular event, with a golf tournament, cocktail parties and a number of conferences and workshops organized to allow visitors the opportunity to claim, “It was all work.” Last year’s event was a resounding success, attracting 4,600 industry professionals from 53 countries, showcasing 125 exhibiting companies.CityScape Asia will be held in Singapore, between 15th and 17th April, 2008. According to CityScape, Singapore was chosen as the venue for the following reasons:

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French Property Boost

by Overseas Property Mall on Tuesday, November 27th, 2007 in French Property

French property prices are set to increase dramatically since the introduction of a new high-speed Eurostar link from St Pancras station in London. The high-speed rail line, launched on Wednesday, promises to cut most Eurostar journeys by 20 minutes, making Paris a less than two-and-a-half hour train ride away from London.

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Most Expensive Apartment in Hong Kong Sells

by Overseas Property Mall on Monday, November 26th, 2007 in Condominiums, Hong Kong Property

A luxury flat in Hong Kong has set a new record as the most expensive apartment in Asia. The price was a whopping US$36.3 million. The penthouse in Hong Kong’s upscale Mid-Levels district sold earlier this month for a record US$5,142 per square foot, the South China Morning Post reported on Saturday.

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International Property News Beat – Greenspan has no Regrets in US Housing Slump, Contruction in the Gulf hit US$2.4trillion & CapitalLand takes 10% stake in Russian Developer

by Overseas Property Mall on Monday, November 26th, 2007 in Property News Summaries

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Five Top South American Investment Opportunities

by Overseas Property Mall on Friday, November 23rd, 2007 in Brazil Property, Buying Property, Nicaragua Property, South American Property

As more and more well-developed overseas property markets reach saturation point, British property investors are starting to look further and further afield in the search for likely investment opportunities. South America, despite some political and social issues still to deal with, offers those opportunities. South America, like many other emerging markets sees the benefits of foreign investment and the governments are taking steps towards creating a more hospitable investment environment.

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The Chicago Spire – a closer look

by Overseas Property Mall on Thursday, November 22nd, 2007 in New Development Alert, Property & Real Estate Press Releases, Property News Summaries

The official launch of The Chicago Spire was on the 26th September at a prestigious event in Millennium Park, Chicago. A specially invited audience heard presentations by the two men who have brought this major new development to Chicago.

Architect Santiago Calatrava provided insights into his inspiration behind the 2000ft spiralling structure that will be home to 1200 condominiums when it opens in 2011. Garrett Kelleher, head of Shelbourne Development Group Inc., the driving force behind the project, gave his vision for a building that has already generated considerable interest across the world.

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