International real estate news articles worth reading in the past week in our opinion:
Malaysia’s biggest property developers; Maxisegar & MK Land who account for 37 percent of outstanding corporate bonds worth $5.4 have had their debt ratings lowered by The Central Bank – Bank Negara Malaysia. [IHT]
Top international property consultancy, Colliers have been appointed by IndiaÂ´s leading real-estate developer, DLF Ltd., to offer retail development consultancy on its flagship shopping centres, Mumbai Mall and Mall Of India. The Indian retail real estate market has a predicted double digit growth rate, with more than 300 shopping centres expected to come on line by 2010 [AME Info]
There has been suprising growth in The Czech Republic’s commercial real estate sector with office, retail, logistics & warehousing space experiencing record level rents and sales [Czech Business Weekly]
According to the Central Bank of Bahrain, bank credit to Bahrain’s private sector hit a record high in June with loans to construction and real estate growing 50 per cent from a year earlier. [The Peninsula – Qatar]
Have a great weekend guys!