Lipsey, the commercial real estate training company has just revealed its annual chart of the top 25 brands in the commercial real estate sector. Because of the mergers and acquisitions witnessed in the past year, it is highly anticipated to see what difference they have made to the various brands’ images. The 2010 chart of commercial real estate brands is as follows:
Archive for March, 2010
Top 25 Brands in Commercial Real Estate
by Overseas Property Mall on Wednesday, March 31st, 2010 in Commercial Property
Press Release – Asian Real Estate Comes of Age at Cityscape Asia 2010
by Overseas Property Mall on Tuesday, March 30th, 2010 in Property & Real Estate Press Releases
Singapore – For Immediate Release, 29 March 2010: World’s largest B2B real estate investment & development exhibition and conference returns to Singapore– investors look to Asia for new opportunities post-recession
As economies show signs of recovery, the global property world is gradually turning its attention to Asia to uncover new opportunities in the regional investment landscape, say the organizers of the world’s largest international real estate investment event, Cityscape.
Bahrain Becomes Home to First Medical Tourism Resort – The Dilmunia Health Island
by Overseas Property Mall on Monday, March 29th, 2010 in Bahrain Property
Health tourism is known to be one of the fastest growing segments in international tourism. This is where people from developed countries travel to other countries to seek medical care. Most commonly this is people travelling to a country where cosmetic surgery is cheaper and therefore more affordable for them, but there are also growing numbers of wealthy people from poorer countries travelling abroad for better medical care, especially for essential treatments.
The Pinnacle Tower in London: It Fills a Hole
by Overseas Property Mall on Friday, March 26th, 2010 in Commercial Property, London Property
There is a gaping hole at the heart of London’s financial district. Since 2002 plans have been getting drawn up for a skyscraper to fill that hole. The initial plans were scrapped and in June 2005 plans for the Pinnacle, Bishopsgate tower, by architects Khor and Petersen were submitted for approval (planning permission).
Fort Myers Foreclosures Jump 31% in February
by Overseas Property Mall on Wednesday, March 24th, 2010 in Florida, United States Property
According to new data from Realty Trac, Fort Myers foreclosures increased by an alarming 31% between January and February, giving it the second highest foreclosure rate in the U.S, with 1 in 90 homes now in foreclosure.
Many people will be shocked by such a large increase when, in the US as a whole, and internationally things are starting to recover. None of those people however, will be analysts are followers of the US housing market data on a regular basis.
Because those people will know that there are millions of US households that meet the criteria for foreclosure, but have yet to be foreclosed upon by the bank in question.
Because those people will know that mortgage interest rates are starting to rise because of the Federal Reserve’s policy of buying Mortgage Backed Securities is coming to an end. This will ultimately put more pressure on anyone struggling to keep up with mortgage repayments and likely cause more increases in foreclosure figures in the months ahead.
Villa Leopolda Story Encapsulates how the World Changed Because of the Crunch
by Overseas Property Mall on Friday, March 19th, 2010 in Billionaire Homes, French Property
In a story that perfectly encapsulates the changing fortunes of the world’s wealthiest in the past few years; Russian mogul Mikhail Prokhorov has just lost the 10% deposit he paid towards the purchase of Villa Leopolda, for $525 million from Lily Safra, socialite and widow of banker Edmond Safra.
Prokhorov’s offer was accepted in July 2008. At the time Safra’s camp had said that the villa wasn’t for sale but but Prokhorov’s offer was too rich to ignore. The deposit was paid into escrow the same month by Prokhorov’s holding company, and the sale was due to complete in December 2008.
Indicators Mounting to Suggest Second Dip in UK Housing Market
by liambailey on Wednesday, March 17th, 2010 in UK Property
After a strong rebound from March last year, UK house prices are now in danger of the second-dip scenario analysts have long warned of. Since last March there have been many occasions when it looked like the second dip would become a reality, but this time the signs are mounting up one on top of the other.
International Property News Beat – Easy Hotels Sofia, Anger at Trump & UK Commercial Property Rebound
by Overseas Property Mall on Tuesday, March 16th, 2010 in Property News Summaries
- Easy Hotel Opens Doors in Bulgaria’s Capital [novinite.com]
- Abu Dhabi landlords to become the new arbiters of rental rates [Kipp Report]
- NZ residential property sales normalise [smh.com.au]
- Foreclosures in Fort Myers (Florida) jump by 31 per cent [Cape Coral Daily Breeze]
- Angry scenes at Donald Trump golf masterplan exhibition [BBC]
- Cash-strapped Napa Valley wineries facing foreclosure [NJ.com]
- U.K. Commercial Property Values Climb 2.7% in a Year [Bloomberg]
- Salvation Army is a residential real estate powerhouse [LA Times]
- No Closure on Florida Foreclosures [Huliq News]
- Rightmove – U.K. House Price growth slows in March [Reuters]
UK Second Home Market Grows by 40% – Savills
by Overseas Property Mall on Monday, March 15th, 2010 in Research, Trends
More and more Brits seem to be turning their backs on owning second homes abroad and are now buying in the UK. Estate agents, Savills claim that there has been a sharp growth in the sales and demand of second homes in the UK due to a weaker sterling and the availability of more affordable UK properties. According to data to be release by Savills later this week, second homes’ sales worth 500,000 and above grew by 40 per cent in the last three months of 2009 compared to the three-year average. This compares with an uplift of just 10 per cent in total prime regional transactions.




