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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Bangkok – 23 February 2009 – Asian REIT markets suffered their deepest ever fall in the second half of 2008 as the global financial tsunami intensified and the availability of credit was further squeezed following the September collapse of Lehman Brothers, according to CB Richard Ellis’ 2H 2008 REITS Around Asia publication. Although the onset of a major downward cycle in Asian property markets was observed towards the end of the year, the impact of the weakened market fundamentals on REITs has been less serious as compared to basic investor concerns over whether Asian REITs generally can continue to obtain sufficient financing to ensure their survival during this tumultuous period.

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World’s largest B2B real estate investment & development event brand returns to Singapore – cash rich investors now looking for bargain buys

The global property world is turning its attention to Asia with investors hoping 2009 will be the year to begin picking up potentially ‘undervalued’ assets ahead of regional economies emerging from the global financial crisis, say the organisers of the world’s biggest international real estate investment event.

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Redeham Homes’ Accordia Living, the striking residential scheme in Cambridge, has become the UK’s most award winning development having scooped a staggering 19 accolades to date in recognition for its outstanding design and leading contemporary architecturally classic homes. Wide ranges of publications and bodies have credited the scheme from national newspapers to the creme de la creme – RIBA Stirling Prize.

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While the UK property market is feeling the bite from the credit crunch Turkey’s economy is proving to be extremely robust and in turn its property market is growing from strength to strength. As a result Turkey is re-emerging as an established investment hotspot for both experienced as well as first time emerging property market investors who are looking to combine good returns with an idyllic holiday retreat.

Jaz Hotels & Resorts, the Hospitality Arm of Travco Group, Introduces Yet Another Gem to its Red Sea Resort Madinat Makadi

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On November 6th 2008, Jaz Makadi Golf Hotel welcomed its first guests – celebrity stars Melanie Brown and husband Stephan Belafonte – along with their families and friends, as they renewed their wedding vows in a dazzling ceremony that took place in a 4-day wedding event hosted by Travco.

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Bangkok – 5 February 2009 – The effects of the global financial market upheaval and the deflating world economy slowed Asian investment property markets significantly during the second half of 2008. The unprecedented events of the past six months have eroded investor, occupier, consumer and overall business confidence, resulting in falling property prices and reduced investment activity, along with declining retail spending and external trade across the region, according to CB Richard Ellis’ Asia Investment MarketView Report for the second half of 2008.

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Colliers International released its Q4 2008 House Price Index (HPI), the leading index of residential real estate performance in Dubai.

According to the HPI, the house prices in the emirate dropped by an average of 8% between October 2008 and December 2008.

Despite this drop in prices the index indicates a year-on-year price growth of 59% between Q4 2007 and Q4 2008.