Fri, Dec 19, 2014
A A A
Welcome hendrik.absolut
RSS
Real Estate Briefing 26.Nov 2012

Posted on 26 November 2012 by Laxman |  Email |Print

In the view of Standard Life’s head of real estate research and strategy, Anne Breen, the real estate pricing environment has changed and this provides greater clarity on the outlook for many markets. Pricing relative to government and corporate bonds is attractive relative to historical levels, while the outlook for economic expansion and tenant activity is also improving in Breen’s view.
As Standard Life’s analysis shows, real estate is typically a function of the economy, in that rents and rent inflation are driven by the balance of tenants looking to lease space. As the last cycle did not include a construction boom for commercial real estate there is now less spare capacity, meaning any uptick in economic activity could flow through to rent increases………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

This New Year’s, you may want to make a resolution to go house hunting. Home prices are finally starting to recover, but they’re still low enough to get a great deal. Add to that interest rates that are at historic lows, and 2013 may be the time for first-time home buyers to finally get in the game.
“We think the answer, definitively, is that home prices have bottomed,” says Stan Humphries, chief economist of real-estate firm Zillow. “Right now, buying looks very attractive, even for short-term time horizons.”……………………………………….Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

One year and one month before President Obama won re-election, he invited seven of the world’s top economists to a private meeting in the Oval Office to hear their advice on fixing the ailing economy. “I’m not asking you to consider the political feasibility of things,” he told them in the previously unreported meeting.
There was a former Federal Reserve vice chairman, a Nobel laureate, one of the world’s foremost experts on financial crises and the chief economist of the International Monetary Fund, among others………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

Navigating the world of real estate can be a quagmire in and of itself without getting crippled by confusing terms. While most buyers and sellers can grasp the significance of a home’s list price and the size of house, other terms might leave them scratching their heads. Whether you’re a first-time homebuyer or a seasoned investor, below are five real estate terms you should know.
1. Sale-price-to-list-price ratio: In many ways real estate is a numbers game, and the better a person understands the numbers the more likely they will make a smart decision. The sale-to-list-price ratio is a way for people to gauge how well their agent understands a local market………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

The housing market is quieting in late November as consumer focus turns from mortgage application fine print and open houses and toward the holidays. But the long-range view for the much-maligned housing sector is as positive as ever.
The Mortgage Bankers Association reports that mortgage applications dropped by 2.2% last week, not exactly a surprise for the busy week leading up to Thanksgiving and serving as the kickoff to the holiday season………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

High end estate agents and mortgage brokers in London’s post postcodes have seen their business bruised by a drop in sales of £1m-plus properties. The number of home sales worth at least a million pounds across Great Britain has declined to its lowest level since 2009, according to new research by Lloyds TSB.
There were just 3,043 £1m-plus property sales in the first half of 2012, says the lender. This is the smallest total since the first half of 2009 and a significant 11% lower than in the same period in 2011………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

The UK retail sector has seen ‘value destruction on an unprecedented scale’, a leading real estate expert has said. Andrew Smith, global head of real estate at Aberdeen Asset Management, said that the state of the retail market is now one of the biggest challenges for UK investors.
As part of a panel of European property experts asked to make predictions about the real estate market in 2013, Smith said the severe conditions for retailing in Britain have caused a major downturn in property values………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

Could Germany be heading for a property bubble? In 2009, after a decade of stagnation during which many other countries experienced a dramatic real-estate boom and bust, German house prices slowly began to rise. Then, for a while, house prices and wages leap-frogged each other in a reasonably healthy way. But now bubble-watchers see some danger signs.
Prices in big cities—notably Berlin, Munich, Hamburg and Cologne—seem to be getting out of hand (see chart). In Germany’s seven biggest cities prices for residential property grew by 9% in 2011, with another increase of 11% expected this year. Desirable districts in Berlin and Munich have seen even higher mark-ups………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

Commercial property investment in Ukraine remains a buyer’s market, and prime yields are still at high levels compared with other European countries despite compression this year, says realtor DTZ. Interest in quality income-generating office and retail is picking up.
In a new report it said prime net initial yields in the capital Kyiv should remain stable across all sectors, with potential for compression in 2013 after stabilising this year at 11% for prime, non-trophy offices. This compares with 13% in late 2011, and 13.5% for non-trophy retail………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

Dubai’s ruler announced plans for a development boasting the world’s biggest shopping mall and gardens larger than London’s Hyde Park, as the emirate revives property projects on hold since the global financial crisis.
Emaar Properties PJSC (EMAAR), the United Arab Emirates’ largest developer by market value, and Dubai Holding LLC will together build a district called “Mohammed Bin Rashid City,” named after the Persian Gulf emirate’s ruler. The project near central Dubai is to include 100 hotels, residential areas and green spaces 30 percent bigger than Hyde Park, according to an e- mailed statement……………………………………….Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

There is a real estate boom in India. And, it is almost like a gold rush. That is, even a bit of information that an airport or railway station or special economic zone is being planned in an area is enough to have both builders and investors rush.
Business Standard spoke to several leading property consultants and identified seven areas seeing enormous development. Some are good places to invest, too. These areas are not in any metro but could have proximity to one. The consensus candidates are:……………………………………….Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

The cooling property market in China is likely to attract more of its construction firms to the UAE. Experts are warning that the appointment of the new Chinese premier Xi Jinping is unlikely to mean any significant loosening of the rules restricting property development in the country as China continues to focus on long-term economic reform.
During the past two years, China’s government has implemented a series of strict measures aimed at curbing rocketing home prices that, in 2009, rose in the country’s main cities by as much as 50 per cent. These include restricting mortgage finance and reducing developers’ access to debt………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

Let’s talk about pricey property in Hong Kong. At the latest official count, 765,000 flats in this city have an average monthly rent of about HK$1,200 apiece. Pricey? In fact, public housing tenants are effectively paid to occupy their homes. Management, maintenance and other costs amount to more than rental income.
The Housing Authority incurs a loss on rental operations despite having no land costs. Nonetheless, it has granted its tenants rent-free periods of at least two months a year for the last five years. ……………………………………….Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

Manila’s changing skyline demonstrates a city coming up in the world. The capital of the Philippines is in the throes of a property boom described as the best in two decades, reflecting the increasing confidence in an economy that only recently began shedding its image as one of the region’s basket cases.
Nowhere is it more obvious than at Bonifacio Global City, a commercial and residential property development on a portion of land carved out from Manila’s biggest army base………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

Cashed-up Asian investors are fuelling a mini property boom, ploughing billions of dollars into houses and apartments around the state. The wealthy investors from China, Hong Kong and Singapore are snapping up real estate in many of Sydney’s most desirable locations - from the central business district to waterfront properties and areas surrounding schools and universities.
Despite fears that foreign investors will push the price of housing out of reach of ordinary families, experts predict it will actually help the property market recover………………………………………..Full Article: Source

Posted on 26 November 2012 by Laxman |  Email |Print

More than three-quarters of landlords are feeling positive about their property investments despite falling prices. A new report by research group BDRC Jones Donald says 77 per cent are positive about their real estate investment and one in five plan to buy another property within 12-18 months.
The high level of confidence is “a surprise”, says BDRC Jones Donald managing director Roger Donbavand, who attributes it to rising rental incomes and low vacancy rates. “Those who increased rents last year are more likely to make further increases in the next six months,” he says………………………………………..Full Article: Source

See more articles in the archive

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031