Large developers are beginning to lose out to individual buyers and investors in the Dubai property market, it has been claimed. Shuckri Bundakji of DSL Exhibitions, the organisers of the upcoming Resale and Rental Property Show, told Discover Dubai that it was "simply a matter of time" before supply and demand were determined by individuals prepared to buy property. Consequently, these individuals have...
Investment Property
It has been announced that investment in Indian property is to become a more viable option for those in the property market, as guidelines have been approved for real estate mutual funds. The Securities and Exchange Board of India (SEBI) has authorised a Real Estate Mutual Fund Scheme (REMFS) which will have an objective to invest both directly and indirectly in real estate property. There are restrictions...
Speaking at the Chartered Institute of Housing's (CIH) annual conference yesterday, economist Andrew Dilnot stressed the importance of UK property to the economy. He acknowledged the fact that Chancellor Gordon Brown did not have a huge amount of funding to allocate in the next spending review, but insisted that some of it must go to housing. One of the main reasons given for the expected shortage of...
Urban development and real estate investment trusts (REITs) will be the driving factors behind the growth of the Asian property market, according to a new report. The 2006 Asia property review by credit ratings organisation Standard and Poor's (S&P) has suggested that the urban populations of Asian countries are set to expand over the coming years, as migration to these newly established areas takes...
Sir Digby Jones, the director general of the Confederation of British Industry (CBI), will underline the importance of the UK property sector later this week, at the annual conference of the Chartered Institute of Housing (CIH). In a keynote speech, Sir Digby will address hundreds of professionals who are responsible for the creation and maintenance of a large portion of the country's housing. One of the...
The state of the UK property market appears promising for individuals looking to buy or sell a property, as people appear to be more willing to take out a mortgage at the present time. Research from the British Bankers' Association shows that net mortgage lending rose by an underlying £5.7 billion in May 2006. This is an increase from the £5.1 billion rise measured in April and also from the...
The German property market has become a target for property investors, owing to the fact that it is believed to have "bottomed out" according to Overseas Property Professional (OPP) magazine. Property in Germany has been experiencing difficult times recently, with prices becoming stagnant and inactive. This is owing to a number of factors, the main ones including minimal mortgage approvals and generally...
Investors and homebuyers interested in French property are increasingly turning away from rural, country homes and farmhouses and opting for city properties, it has been reported. According to the Daily Telegraph, the south of France where many of the country's rural properties are to be found is still as popular as ever, but the quaint cottages and rustic stone houses that characterise it are not. British...
The rental market for investors in UK property is currently a healthy and potentially lucrative option, according to the latest reports from the Association of Residential Letting Agents (Arla). London and the south-east are the best areas for investment, with rents also rising in the south, the association states. Overall, Arla reports that the results of its latest quarterly survey of member letting...
A conference open to overseas property investors has been announced, with the organisers claiming it is the "world's greatest real estate seminar". The event will take place in Dallas, Texas in the USA between July 21st and 23rd and will feature a panel of experienced investors who intend to reveal their strategies on the best ways to "get rich in real estate". Much of the information available about US...