International Property News Beat
Friday, February 2nd, 2007
Posted by Overseas Property Mall in China Property, Indian Property, International Real Estate Trends, Irish Overseas Property Market, London Property, Overseas Property Trends, Poland Property, Property Industry News, Property News Summaries- London property prices coupled with excessive demand for accommodation in the capital is forcing high-earning property investors to look overseas to add to their real estate portfolio [Assetz News]
- Standard Life has launched the first Real Estate Investment Trust (REIT) type fund to be made available to the Irish investment market for investors with €10,000 or more to commit. [Irish Independent, free subscription required]
- US Finance company Wachovia Corp. has bought a stake in a low-density residential project in China’s Guangdong Province [Birmingham Business Journal]
- U.S. private equity firm Warburg Pincus has agreed to buy a 25% stake in Shanghai ZK Real Estate Development Co. Ltd. for an undisclosed amount [China Knowledge Online]
- Gdañsk based Multi Development Poland last week (date 22.01.2007) reached a milestone by obtaining building permission for Forum Koszalin, a shopping center located in the southern edge of the city of Koszalin, in the north of Poland [Europe Real Estate]
- Indian developers target wealthy nonresidents [IHT]
- Property developers in Hong Kong are expected to supply about 139,000 new apartments over the next five years [ForexTV]








