Fri, Aug 1, 2014
A A A
Welcome hendrik.absolut
RSS
Real Estate Briefing 04.Feb 2013

Posted on 04 February 2013 by Laxman |  Email |Print

If you left the United States for a job abroad in 2012, there’s a good chance you ended up in Germany. UniGroup Relocations, moved 573 people to Germany last year, 29% more than to the United Kingdom, the second most popular destination, according to a report released Tuesday.
And the relationship was reciprocal: Of foreigners migrating to the United States, Germany was the second most popular country of origin. “[The] international migration study offers a unique perspective into what is happening with overall migration patterns to and from the U.S.,” said Rich McClure, CEO of UniGroup Relocations……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

When flipping property is a big topic of conversation, we should have learnt by now to be nervous that a housing market is cruising for a fall. the new flippers of US housing are not the individual speculators of the boom years, who boasted of making tens of thousands of dollars for a few weeks “work”, and they wouldn’t call their plans anything so gauche.
These investors, who have poured into the US housing market since its nadir, are hedge funds and private equity vehicles, and recently (belatedly) individual entrepreneurs. They may be planning to hold the property for a while and harvest rental income in the interim, but decent returns are predicated on a sale, and usually a quick one……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Savills’ latest report forecasts that European investment activity in 2013 will continue to be driven by equity-rich buyers seeking risk-averse, prime product in markets such as the UK, France, Germany and the Nordics.
This demand will, in turn, keep prime yields in these markets stable with some upward pressure on pricing in key sectors including prime offices, shopping centres and high street retail. Average prime yields in these sectors currently stand at 5.7%, 5.8% and 4.5%, respectively……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

The concentration of wealth – and property wealth in particular – in Britain’s south-eastern corner is hardly a new phenomenon. In the aftermath of the financial crisis, however, the gap between London and the rest has widened further and faster than ever.
Left unchecked, the “two-speed” housing market increasingly in evidence will not only exacerbate social divisions; it begins to undermine the very notion of national economic policy. Whatever else, then, it cannot continue to be ignored……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

The French commercial sector deteriorated at a faster pace than in Greece, Italy or Spain in the last quarter of 2012, according to the latest RICS Global Commercial Property Survey.
The report on the fourth quarter of 2012 records falling occupier activity and negative expectations for rents and capital values across the region. RICS found that risk appetite was improving in some markets but in general Europe’s commercial real estate sector was still ‘in pain’……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Rightmove predicts three-quarters of professional landlords will buy more homes in 2013, as MPs begin to look at the issue. Buy-to-let landlords will embark on a home buying spree in 2013 while young adults and families remain trapped in rental properties, according to a forecast by Britain’s biggest property website.
Three out of four professional landlords will buy more homes in 2013, while the number of “virgin landlords” looking to buy for the first time is running at the highest level for a year, the research from Rightmove found. Meanwhile, 53% of tenants say they are trapped in renting, wanting to buy a home but unable to afford to do so……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

The UAE may be home to the Burj Khalifa – the world’s tallest tower – and have an array of outlandish projects planned in the coming years, such as an underwater hotel and a Taj Mahal replica, but lesser-known neighbour Qatar dominates the list of the biggest real estate firms in the Gulf, an Arabian Business report found.
Qatar, which is already planning to spend up to US$100bn on infrastructure projects over the next decade in the run up to hosting the FIFA World Cup in 2022, tops the list as the home to the biggest real estate company across the Gulf……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Emaar boss Mohamed Alabbar tops the Gulf Business list of the most powerful Arabs in the real estate.
The chairman, who has been instrumental in shaping the region’s real estate landscape, is also a trusted advisor to Dubai’s Ruler, HH Sheikh Mohammed. In a sign that Emaar has balanced its books after Dubai’s real estate crisis, the company’s shares have nearly doubled in the last one year. Charismatic Alabbar also runs 60 global companies beneath the Emaar banner……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

The value of property deals rose by a massive 65 percent to SR 35 billion last year compared to 2011, according to figures released by the Ministry of Justice, a local newspaper reported.
A total of 25,000 deals were recorded involving 41 million square meters of land. In 2011, the value of land deals was recorded at SR 15 billion. Real estate operators and experts say this is a normal increase because of the massive construction taking place across the Kingdom……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Real estate has always been the surest way to accumulate wealth – and is likely to remain so. Yet, the financial crisis of 2008 changed the game, and brought a healthy dose of reality back to the real estate sector. Today, as investors look at this asset class again with renewed optimism, we need to ask ourselves if we have truly learned the lessons of the past five years.
If you look back over historical data, real estate has provided investors with a stronger and steadier return than any other investment option. It has an uncanny ability to bounce back after a downturn and outperform other asset classes……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Home sales and prices have begun to rebound in Hong Kong, triggering concerns that the government might intervene again to keep the lid on demand if activity gains too much momentum. Sales and prices have improved despite a decline in demand from mainland and corporate buyers, whose purchases have slowed since the authorities introduced taxes aimed at non-local and corporate buyers late last year.
Home prices retreated by 1.6 per cent from a record high after the introduction of a new buyers’ stamp duty and adjusted special stamp duty on October 27. But prices have since recovered and are back at fresh highs, according to Macquarie Securities……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Overseas remittance to Vietnam has been increasing steadily. However, the cash flow now does not go into the real estate sector any more. Meanwhile, a lot of Vietnamese are seeking to buy real estate overseas.
Economists have pointed out that a high proportion of overseas remittance to Vietnam has been poured into the real estate market, which was considered the most lucrative business field……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Property transactions hit a six-month high in Taipei last month, rising 14 percent from December last year, as improving market transparency lifted cautious sentiment, real- estate analysts said.
A total of 3,769 residential and commercial properties changed hands in the capital last month, compared with 3,304 in December, statistics released by the Taipei City Government on Friday showed. The city government’s data brought a timely relief to the housing market……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Australian home-building approvals unexpectedly declined for the second time in three months in December as weakness outside the resources industry hurts housing. The nation’s currency dropped.
The number of permits granted to build or renovate houses and apartments declined 4.4 percent from November, when they rose a revised 3.4 percent, the Bureau of Statistics said in Sydney today. The result compares with the median forecast for a 1 percent gain in a Bloomberg survey of 22 economists……………………………………..Full Article: Source

Posted on 04 February 2013 by Laxman |  Email |Print

Sydney home sale listings plunged 13 percent in January from a year earlier to the lowest level in three years as interest rate cuts spur property purchases, according to SQM Research Pty.
Homes offered for sale online dropped to 23,467 in Sydney, the lowest level of January listings since 2010, the research group said in an e-mailed statement. Across Australia, property listings declined 2.9 percent from a year earlier to 335,429, the Sydney-based company said……………………………………..Full Article: Source

See more articles in the archive

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031