Shanghai’s real estate market is anticipated to slow down drastically in 2008, becoming more vulnerable to government policy shifts and attract less investment. This is according to several of the larger real estate analysts.

According to a Jones Lang LaSalle report released recently, after the government implemented the land appreciation tax and imposed additional restrictions on foreign investment in the sector, real estate investment saw a slowdown in the fourth quarter of 2007 and there was only one sizable sale completed in the city.

Read the rest of this entry »

Soaring office rents combined with a shortage of apartments is luring developers like Donald Trump, Emaar Properties and Damac Properties to India.

Damac, a closely held developer based in Dubai, plans to invest an estimated $5 billion in India over the next three years as a booming economy spurs demand for real estate.

Damac plan to construct houses, offices and shops in Mumbai, New Delhi, Hyderabad and Bangalore. The first project will be started in 12 months time. Damac has built waterfront luxury projects in the United Arab Emirates and is investing in Saudi Arabia and Egypt as it expands it’s sphere of influence.

Read the rest of this entry »