Press Releases
The latest press releases to come from the overseas property market - read what they have to say about what!

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2011 is starting with new records in terms of traffic for Mondinion.com International Real Estate Portal. According to Google Analytics, Mondinion.com constantly had over 10,000 unique visitors every day in this year and even Quantcast numbers (which shows usually 10-15% less traffic than any other measuring system) show a big increase in traffic in every country that is measured: US, Canada, UK, India, etc.

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holiday-rentals-homesaway-logo London, 16 November 2010 – Google Ventures has entered the fast growing holiday home rentals market by investing in HomeAway, Inc., parent company of HomeAway Holiday-Rentals and Owners Direct in the UK. Google purchased shares from existing shareholders to invest in the company.

HomeAway, Inc. is the world leader of the online holiday rentals market, operating sites in 11 European countries plus the market-leading sites in the USA and Brazil. The HomeAway sites provide a global network for holiday home owners, property managers and travellers.

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October 2010, Bangkok – CB Richard Ellis, the leading international property consultant firm in Thailand, has successfully selected a hotel operator for Ashlee Company Limited, the owner of a new hotel in Phuket. This 108-room hotel will be managed by Centra, the latest hotel brand by Centara Hotels & Resorts, from December 2010 onwards and will be named the ‘Centra Ashlee Hotel Patong.’

CB Richard Ellis provided strategic advice on the selection of the hotel operator and was closely involved in the hotel management contract negotiations, providing its in-depth understanding of the hotel industry for the hotel owner to select the most effective brand to operate their hotel.

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12 October 2010, London / Munich – London captured 27 percent of all cross-regional investment transactions during 2009 and the first half (H1) of 2010, according to new research by leading real estate advisors CB Richard Ellis (CBRE), which explores, among other trends, the degree to which investors making direct commercial real estate investments outside their domestic markets gravitate towards the largest, most liquid commercial property markets.

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The first major overseas property event for the Autumn season took place in the centre of Moscow 01&02 October when the 7th Moscow International Investment Show saw more than 6,400 unique visitors pass through the doors to meet with the 172 participating companies representing 30 countries.

As the main media sponsor, International Residence, Russia’s leading overseas property magazine, was again strongly represented with an impressive stand and its charming staff. “The Moscow International Investment Show is very important for us, we meet with many of present and future advertisers and as the main sponsor we are able to ensure that every visitor receives a copy of our latest issue. This is a highly targeted audience and therefore produces excellent results for our advertisers” – reported Natalie Kovaleva Project Manager for International Residence Magazine.

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11 October 2010, Bangkok - Cambodia’s first luxury private island resort has released its last remaining over-water villas to potential buyers looking to secure a rare piece of paradise.

Song Saa Private Island will be the first resort to be built in Cambodia’s pristine Koh Rong Archipelago, and sets a new standard for responsible high-end accommodation in this emerging tourism destination.

Developers Rory and Melita Hunter are now offering the final six villas to like-minded investors following the success of their first phase of villa sales which was launched late last year in Phuket through sole agent, CB Richard Ellis.

Song Saa Private Island - Aerial View

“Our private island is discreet and we only have a very small number of villas on offer. There is nowhere else a buyer could get this standard of investment at such a low price,” said Mr. Rory Hunter, CEO of Brocon, the Australian-owned company behind the development.

The exclusive nature of Song Saa Private Island and the increasing awareness of Cambodia as a tourism market means investors can expect substantial capital growth.

“The launch of Song Saa has put Cambodia on the global map and has proven there is a market of international investors keen to invest in quality projects in an emerging location which offers a significant upside in capital appreciation. Once regular airlift begins at the recently upgraded Sihanoukville International Airport, one can expect exponential growth in Cambodia’s coastal tourism,” said Mr. David Simister, Chairman of CB Richard Ellis Indochina.

Brocon guarantees investors a yield of 8% for 5 years – a superior rate in the region.

When the resort opens in late 2011, it will feature 25 rainforest, beach and over-water villas, all with private pools.

At its heart will be an over-water world-class restaurant and lounge, spectacularly positioned just off the island’s shoreline and surrounded by ocean. Guests will stroll out a short boardwalk to this breath-taking vantage point where, they can take in dramatic sunsets, seascapes and starry nights.

The resort will span the two islands of Koh Ouen and Koh Bong, connected by a footbridge over a marine reserve established to safeguard the islands’ reefs and marine life including dugongs, seahorses and exotic species of tropical fish.

The two islands are known locally as Song Saa, which is Khmer for the sweethearts, and the resort will be as romantic and intimate as the name implies.

“Think Thailand 30 years ago, before Koh Samui or Phuket became the international hubs they are today. We have the pristine rainforests and white sand beaches but without the over-development or crowds,” Rory said.

“We have tried to create something unique, something that reflects our love for Cambodia and for the environment. Central to our vision is respect for the environment and the people, and we believe private operators such as ourselves have an important role to play in the preservation of this rare corner of the world.”

The Hunters have established a marine reserve that covers one million square meters and extends 200 meters from the outer edge of the reefs around both islands. They are working closely with the regional Environment Committee, a forum of local people with the knowledge and desire to protect their own livelihoods through marine conservation.

“While protection of the marine environment is central to our vision, we also realise that a healthy environment depends on healthy communities, so we have made a commitment to donate a portion of all revenue to the local community, to donate resources such as schoolbooks and help fund local health initiatives.”

With construction of the resort well underway, the Hunters have already assembled a highly experienced team to oversee the management of the resort.

The resort’s general manager, Jean-Paul Riby, is a specialist in small, remote luxury resorts, with more than 15 years of experience in Asia. Most recently he was the general manager of Como Resort’s Bhutan property Uma Paro – a 33-room ultra luxury resort high in the Himalayan mountains. Prior to that he was in charge of Vietnam’s Six Senses Hideaway Ninh Van Bay, the country’s most luxurious resort.

Song Saa Private Island’s project manager, Philippe Riant, has nearly two decades of experience in every phase of a resort’s lifecycle, from conception and design to construction and management.

Like Jean-Paul, Philippe is a specialist in small ultra-luxury island resort development and operations. Most recently, he was Director of Technical Services at Per Aquum Resorts, overseeing their iconic private island developments in the Maldives and Seychelles. He also spent 17 years with the prestigious Starwood group.

“It is important to us that guests receive the exclusive luxury island experience they are promised, and so we have sought a highly experienced management team to ensure that they do,” said Rory.

The sole agent representing the sale of the villas is CB Richard Ellis – rated by Euromoney magazine as the top global advisor in their 2010 real estate survey.

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SDG_Tony Parker_Nicolas Garnier Geneva, 6th October 2010 - NBA San Antonio Spurs basketball star Tony Parker has bought an apartment in the luxury “Du Parc Kempinski Private Residences” above Lake Geneva, Switzerland, which looks out onto stunning views of the Alps.

“Du Parc Kempinski Private Residences” was a former Grand Hotel that was built in 1906, in the architectural mould of the Grand Hotels of the beginning of the century and will be transformed in 24 “beyond luxury” apartments by the end of 2011. Once the refuge of princes, barons, aristocrats, diplomats and more recently by Pierre Cardin, the estate is now being renovated to its former Belle Epoque glory to become one of the most exclusive properties in Switzerland.

Choosing to purchase an apartment in the luxury private residence Tony Parker said: “I immediately fell in love with Du Parc because it is a building full of charm and history and has the most astonishing view that I have ever seen. It is near to the international city of Geneva and so the ideal combination of peaceful countryside and city life that I look for my holidays.”

At Du Parc Tony Parker can expect the ultimate in lifestyle options through a combination of craftsmanship by leading architects and designers and elegance of major luxury brands such as interior design firm BBG-BBGM, famous for the W Hotels, Givenchy for the private spa, cavernous wine cellars as well as a tasting room managed by Quintessentially Wine.

“Du Parc Kempinski Private Residences” is the company’s most exclusive project to date of Swiss Development Group, a company created in 2007 to invest in and to develop high-luxury, landmark real estate projects. Nicolas Garnier, CEO of Swiss Develoment Group said: “Our properties are like haute couture, exclusive and high quality, with high attention to detail and finish. We’re taking a fresh look at the scope and depth of luxury living, going beyond simply creating a property to creating an environment where owners can enjoy their highly individual lifestyles. I am very pleased that Tony Parker will be part of this luxury development.”

No sooner had the idea of “Du Parc Kempinski Private Residences” taken form that it began to win awards, including the Grand Prix and four Gold Awards (Best luxury project, Best apartment complex, Best architecture and Best eco-project) at the Homes Overseas Russia Awards 2010, as well as the Europe and Africa International Property Award 2009 for Best Redevelopment in Switzerland.

The apartments will vary from two-bedroom 20 square meters units to six-bedroom 690 square meters options, with 14 meters high ceilings. Renovation work started in April 2010, with the private residences ready for occupancy in 2012.


About Swiss Development Group SA

 

Swiss Development Group SA invests in and develops high-luxury, landmark real estate projects, including five star condominium hotels and luxury private hotel residences in both Switzerland and abroad. The company was created in 2007 to serve a niche property market not available currently in Switzerland, but proven to be in demand in other countries. Swiss Development Group partners with prestigious hotel groups such as Kempinski Hotels and leading luxury architects and designers. By redefining the scope and depth of luxury property development the company creates the ultimate lifestyle options for clients. For more information, visit: www.sdg.ch

Press contact:

 

Sophie Laird

Tel: + 41 22 908 40 73

E-mail: sophie.laird@cohnwolfe.com

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27 September 2010, Bangkok - CB Richard Ellis (CBRE) has been named the top real estate advisor and consultancy firm at the global, regional and local level in the 2010 Euromoney Real Estate Awards. This is the fourth time the company has won this prestigious title since Euromoney began the awards in 2005.

CBRE was also voted the number one advisor and consultancy firm overall and for Agency/Lettings and Valuation in Asia and Western Europe. In addition, CBRE Thailand was named the top advisor in Agency/Lettings and Research and the top Property Manager.

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HouseInTheSun.com is a new property portal which has been launched and allows users to advertise and find any type of house, apartment or land for sale in sunshine countries. Problems to find a property portal that was focused on sunny countries in Caribbean, South America, Central America, Mediterrean and South East Asia etc., made the Swedish founders which all looked for a second home in warmer climate decided to set about developing their own website. The site was launched in September 2010.

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9 August 2010, Asia- The Asian real estate investment market showed signs of continuing to make steady improvement in the first half of 2010 with direct real estate investment in the region rising 136% year-on-year during the period to be recorded at an estimated US$30 billion.

Although activity levels rose significantly in virtually every Asian market as measured on a yearly basis, investment volume fell by 22% quarter-on-quarter in the second quarter as investors turned more cautious following the implementation of various measures by governments around the region intended to curb speculative activity. Worries over the fragility of the global economic recovery and the eurozone sovereign debt crisis also negatively impacted investor sentiment in the second quarter according to the CB Richard Ellis’s Asia Investment MarketView report covering the first half of 2010.

Japan was the most active market in terms of volume, accounting for 29% of total investment in the region. The US$8.8 billion worth of transactions completed in the country during the first six months of the year, a rise of 62% year-on-year, was only slightly below the all-time high recorded in the first half of 2007. There was a steady flow of small and medium sized transactions involving the acquisition of assets in Tokyo as the period witnessed growing interest on the part foreign investors looking to return to the market and expand their Japanese portfolios.