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16/05/2012 17:51:56Chinese buyers of new homes are drawn out of Hong Kong
Due to the tight credit procedures, buyers from mainland China face more difficulties to invest in properties For a second consecutive quarter, the share of investors from mainland China on the market for new properties in Hong Kong, is reduced due to the tight credit procedures and the return of local buyers, according to Midland Holdings Ltd., cited by Bloomberg. For the first quarter of this year 36.8% of all new housing transactions we...
16/05/2012 17:47:00Investments in industrial property in Europe are slowing down in the first quarter
With the exception of Germany and Poland, markets are cooling off compared with the dynamic last quarter of 2011 Most European industrial property markets recorded a quiet start of this year after the strong recovery in the last quarter of 2011, was written in an analysis of the consulting firm Jones Lang LaSalle, as reported by the online edition PropertyEU.info. The limited availability of prime assets for sale was the reason for ...
11/05/2012 18:04:50Back to the 40s
Danville is one-of-a kind airplane hangar turned into 1940s mini-town on a 25-acre property in Geneva, Florida. The former contractor, Dan O'Shaw, who clearly has a passion for nostalgia built this incredible, and maybe for some tastes over-the-top 3,000-square-foot room, a short one hundred yards away from his impressive four- bedroom, five-bathroom estate. While Danville sits on 25 acres of gorgeous landscaping, the true bea...
11/05/2012 18:02:45In the U.S., reported strong interest in property bonds
Recent data for the U.S. market show that the real estate sector has reached the ‘bottom‘ The U.S. markets have been under increased pressure throughout the last month due to weak employment growth, which together with concerns about the debt crisis in the Euro zone caused a fall of investment shares worldwide. The online edition of the specialized investments magazine – Zacks, reported that most segments of the bonds marke...
11/05/2012 17:59:04The political crisis in Greece continues to damage the Euro
The political insecurity in Greece is the main cause for the Euro to be traded at three months and a half lowest against the dollar. The current situation in the country also threatens EU’s rescue plan and increases the possibility of Greece exiting the union any day now.  Analysts are voicing their fears of another euro debt crisis, after the apparently false sense of stability from the previous months. Even strong currencies suc...
03/05/2012 17:41:37Turkey opens up real-estate market to foreigners
The Turkish government is on the brink of a drastic change -  currently the country’s legislation is being amended to allow overseas investors to acquire high-end residential property in Turkey. Domestic buyers are unable to afford Turkey's housing stock, which is why the government decided to undertake some legal measures to change the law, which they hope will strengthen the foreign investment interest. There is already stro...
03/05/2012 16:15:23East Village penthouse in New York with a built-in slide
New York has many lavishing estates to offer, but one infamous penthouse in East Village is quite unique. The duplex 2,500-square-foot Manhattan apartment has taken the concept of a grown man’s playground and applied it, quite literally. It has an 18ft long built-in, silver slide, made from stainless steel, featuring custom-made glass railings. The slide begins from the second floor office and lands between the first floor living and d...
02/05/2012 10:33:01Major commercial property projects in Abu Dhabi get a GO
A number of projects that were held-back in 2011 would begin this year, which promises a positive start for the real-estate market of Abu Dhabi and will attract more prominent developers such as Aldar and Sorouh. One of the biggest projects given green light is the construction of a new terminal in Abu Dhabi International Airport, which is due to open in 2016. Three other initiatives are the Louvre and Guggenheim museums on Saadiyat Island and ...
02/05/2012 10:32:42‘Big brother’ style surveillance or issue of national security
The European Parliament adopted a controversial bill allowing the US Department of Homeland Security to access personal data of airline passengers travelling from Europe to the United States. This agreement is applicable to airlines operating flights between any of the 27 EU countries and the US and allows the Homeland Security to gather data on the Passenger Name Record (PNR). Opponents and critics of the agreement are calling it an inv...
26/04/2012 10:10:15Pros and Cons of conducting business in Sofia
The lack of transparency and predictability in bureaucratic procedures, is the main obstacle to foreign business investment in the capital city of Bulgaria Many foreign investors are interested in doing business in Sofia, but for one reason or another, they turn to more alternative destinations outside of Bulgaria. Others, who yet decide to settle their business in Sofia, are met by a number of obstacles, related to outdated or underdevelope...
20/04/2012 13:09:05Australian beach town prices go up
Figures from property research group PRD nationwide show that residential property prices in certain coastal areas in Australia are rising, which might be a sign that the worst could be over for beach towns. According to the research, the best performing coastal town for last year was Bells Beach in Victoria. Apartment prices are actually stronger than house prices, with the first recording a growth of 24.5% during 2011, whereas the second by...
20/04/2012 11:46:17Alternative property deals are attracting more new investors
Health care facilities and student residential complexes bring higher returns and stable income, however some complications may arise According to the Wall Street Journal the appetite for investing in alternative estates in Europe is growing, which is evident from the two upcoming deals for student housing in the UK totaling 1.4 billion pounds. Barclays Capital PLC is about to sell its majority stake in the University Partnerships Progr...
20/04/2012 10:55:02Paris – the new European leader on the property investment list
The global property adviser CBRE reports that Paris has overtaken London at the top of the chart for property investment in Europe. Another change in the top 10 is Moscow coming up sixth before Berlin. Significant increase of investments in the final quarter of 2011 was registered in Paris, from €3.6 billion in the first half of the year to €7.9 billion in the second half, resulting in the first change of the leader of the ranking sinc...
20/04/2012 10:54:52Nationwide: House prices dip in January
The latest house price index from the Nationwide Building Society has revealed a 0.1% fall for the month of January compared with December. The latest fall means house prices are now 1.1% lower than this time last year with the average UK home costing £161,600. According to Nationwide’s chief economist Robert Gardner, the outlook remains uncertain and the lack of buyers, together with the ongoing lack of mortgage availability, me...
20/04/2012 10:52:39$13 Trillion U.S. Debt Poised to Overtake GDP: Chart of Day
President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.” The CHART OF THE DAY tracks U.S. gross domestic product and the government’s total debt, which rose past $13 trillion for the first time this month. The amount owed will surpass GDP in 2012, based on forecasts by the International Mo...
20/04/2012 10:52:27UK residential property prices fall 0.4% in May as Halifax warns they are now likely to flatten out
UK residential property prices fell by 0.4% in May, the second monthly fall in a row, according to the latest house price index from the Halifax. This follows a price fall of 0.1% in April but prices are still 6.9% higher than they were a year ago with the average house price is now £167,570. It is the start of a slowdown that will leave the real estate market flat during 2010 as rising unemployment is curbing demand, according to Mart...
20/04/2012 10:52:17Overseas investors look for urban properties in Bulgaria
Individuals looking for property in Dobrich, Bulgaria, may be interested to hear that the country is seeing renewed attention from overseas investors seeking real estate in metropolitan areas. According to Bulgarian news website Novite, a new study conducted by GreenLife has pointed to the revival, with apartments proving a popular choice. However, investors are aiming to purchase only attractive and promising plots, whose owners want a...
20/04/2012 10:51:53Anglican cathedral made from cardboard
In the city of Christchurch of Wellington, New Zealand Anglican leaders have decided to build a temporary cardboard cathedral to replace the iconic stone Christ-Church Cathedral, which was ruined in the last year’s devastating earthquake that killed 185 people and destroyed much of the town’s center. Although most of us imagine solid, grand, architectural masterpieces when mentioning the word cathedral, the city leaders hope to...
20/04/2012 09:39:48Student visa restrictions harmful to UK universities
Top people in the UK education sector are warning the Government that restrictions on student immigration will adversely affect British universities. A consultation on whether the Government should tighten the reigns on student immigration for non-EU students taking below-degree level courses is currently underway. According to official UK immigration statistics, the UK admitted approximately 180,000 foreign students taking below degree-leve...
20/04/2012 09:36:26Canadian immigration remained at high levels in 2009
The rate of immigration remains high with more than 500,000 new permanent and temporary residents in 2009. Immigration Minister Jason Kenney had the following to say: "Momentum toward a full economic recovery continued throughout 2009, and immigration will continue to support that momentum." Immigration Minister Kenney went onto say that "The Government of Canada is maintaining immigration levels to meet Canada's short-, mediu...

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