| Total Access Communication Plc Sign Thailand’s Largest Ever Office Lease At Chamchuri Square |
| 20 Nov 2008, 10:33:30 +0000 |
| Bangkok – 19 November 2008 – Total Access Communication Public Company Limited, one of Thailand’s leading telecommunications providers better known as DTAC, have signed Thailand’s largest ever office lease at Chamchuri Square owned by Chulalongkorn University. The company signed a lease for 61,000 square metres of office space.
The building developed by Thailand’s prestigious Chulalongkorn University [...] |
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| Another Record Breaker in New York’s Prime Real Estate Scene |
| 19 Nov 2008, 20:56:20 +0000 |
| A British banker put down a cool $5 million as a deposit for the entire 76th floor of AOL Time Warner’s new Manhattan skyscraper. He is apparently a REIT executive, but this hasn’t been confirmed since he is intending to keep the transaction private.
What we do know is that he will fork out a whopping [...] |
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| Turkey’s Real Estate Market On The Up |
| 17 Nov 2008, 10:08:18 +0000 |
| Just when we thought that the global property gloom & doom was never-ending, we appear to see a ray of hope emerge. That ray right now is on Turkey. With most global markets suffering from oversupply, price hikes and rising interest rates, Turkey shows us that there is indeed hope.
It is hard to stay positive [...] |
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| International Property News Beat - Softening Malaysia, Crunch in Mayfair & Canadian Housing |
| 17 Nov 2008, 08:13:05 +0000 |
| Malaysia’s residential property market softens [Asia Property Report]
Dubai Developers promise property buybacks [The National, Abu Dhabi]
Credit crunch reaches London, Mayfair as hedge funds suffer [Telegraph]
The life of an ex-pat in Dubai [Times, London]
Dubai banks suspend lending to real estate employees [AME Info]
Canadian housing sales plunge as crisis deepens [Canwest News]
Kenyan Property resurgence [Times, London]
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| Does Hong Kong’s Property Demise Spell An Opportunity for Cash Investors? |
| 14 Nov 2008, 13:20:33 +0000 |
| Hong Kong, a city of apartments
The global financial crisis is rapidly expanding into Hong Kong now. Window displays at some real estate agencies in the city advertise heavily reduced properties, last minute reductions and even cash incentives to prospective buyers.
Poon, a property agent for Midland Realty in Hong Kong said “Before September our branch was [...] |
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| Philippine Land Grab Causes Frustration with Expat Investors |
| 13 Nov 2008, 12:58:38 +0000 |
| Boracay Island is Philippine’s hottest tourist destination. The island receives millions of tourists every year which is about one sixth of the country’s total. But there is trouble brewing in paradise. Expat investors feel no longer safe on Boracay as land grab related violence heats up.
The Boracay Land Owners’ Association held a press conference in [...] |
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| UK: A Place in the Sun a Little More Expensive due to a Weakening Pound |
| 12 Nov 2008, 15:00:51 +0000 |
| With the current UK economic slowdown, the British pound is taking a nose dive as we speak (currently GBP/EUR 1.19 and GBP/USD 1.49 - a record low against the Euro). The current state of the weak British pound is putting a large number of foreign holiday property owners in a very tight financial spot as [...] |
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| Mid Week - International Property News Beat - Trump, Prospective US Cites & Moscow Show |
| 12 Nov 2008, 11:38:47 +0000 |
| Credit crunch bites global property markets [Building]
Burj Dubai property prices fall [National, UAE]
International Property Show (IPS) of Moscow kicks off [AME Info]
5 real estate markets in the U.S most likely to rebound [Forbes]
Donald Trump sues as tower is hit by credit crunch [Telegraph]
Trump eyes tourism investment in the Philippines [Business World]
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| New Spanish Property Law Introduces REITs |
| 11 Nov 2008, 12:20:41 +0000 |
| In a bid to revive Spain’s lagging real estate market and to also protect property investors’, the Spanish government has recently drafted a new law that permits property developers convert to regulated Real Estate Investment Trust companies (REITs).
The REITs company establishments are supposed to help revive Spain’s real estate industry governed by strong rules to [...] |
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| Dubai Property Prices Falling |
| 10 Nov 2008, 11:15:17 +0000 |
| Homes on Palm Jumeirah Island
It’s not news that Dubai’s property market is expected to experience corrections next year and according to Morgan Stanley gradually decline by up to 10 percent by 2010. However, a real bombshell was dropped last Thursday when Arabian Business reported that Palm Jebel Ali’s island prices have depreciated some 40 percent [...] |
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| Property Grand Prix Round Up |
| 10 Nov 2008, 10:30:23 +0000 |
| Our long time readers have been able to follow the thrill, suspense and excitement that was this season’s Grand Prix. Who would have thought that a young Brit would become the youngest title winner ever and take home the 2008 Championship.
To show you what has evolved over the year since April, we have listed all [...] |
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| International Property News Beat - Florida Bargain, Dubai Slowdown & Web 2.0 Real Estate |
| 9 Nov 2008, 12:22:57 +0000 |
| U.S. real estate market woos foreigners [International Herald Tribune]
Strong property companies in Dubai to survive the downturn [Property Wire]
Web 2.0 Real Estate Websites [RZ Concepts]
Trump seeks early start for golf resort [Financial Times]
Hong Kong property prices slashed in global slowdown [AFP]
Emaar extends mortgage repayment time period [Gulf Daily News]
Florida property bargains for Brits [Times, London]
UK [...] |
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