Overseas Real Estate

Thailand’s Condominium Boom Waxes Stronger

This year, Thailand is set to be ahead of other Asian countries as far as drawing in foreign property investors goes. Already, the condominium sector has been booming, with projects along Bangkok’s Sukhumvit Road selling out their foreign quota of 49% of available units. The majority of these buyers are from Hong Kong, China, and Japan. The country has continued to see increased foreign...

40% of Property Owners in Valencia are Foreigners- Engel & Volker’s

Homebuyers in Valencia now make up one out of four of the landlord population in Valencia, according to the result of a new finding by international property agency, Engel & Völkers. The research which was collated from statistics from home sales and rental incomes in Valencia in the international segment shows that foreign buyers, majorly from the UK, France, Italy and Germany constitute 40%...

The Rise in Spanish Housing Market Prices to Continue in 2017

The role of international buyers in aiding the recovery of Spanish property market has never been more important than it is at the moment. Figures show a significant increase in the number of Spanish homes changing hands. There is a high likelihood that the Spanish market will only continue to recover in 2017 as the lower priced locations begin to get highly requested for. Co-founder of Lucas Fox...

Castellum Invests SEKm 220 in Gothenburg Logistics Facilities

GÖTEBORG, Sweden, Mar 09, 2017 /PRNewswire/ -- Castellum has begun construction of a new logistics building in the Gothenburg harbour area – as the first part a major drive to establish the large-scale logistics required to support expansion of the Gothenburg harbour. The investment is expected to total SEKm 220, including land acquisition. The new building – part one of the Hisingen Logistics Park...

Catella: Student Housing on the Rise in Europe

STOCKHOLM, Mar 09, 2017 /PRNewswire/ -- The new Catella Market Tracker, Student Housing in Europe 2017, shows that almost no other market is currently attracting as much investor attention as student housing. However, the differences across Europe are still quite large, which creates exceptional opportunities in this relatively young asset class.  Student housing sector growth can be observed across...

Catella Acquires Office Property in Dublin for Sustainable Fund

STOCKHOLM, Mar 09, 2017 /PRNewswire/ -- Munich-based investment manager Catella Real Estate has acquired an office property in the Irish capital, Dublin, for its Sarasin Sustainable Properties – European Cities fund. The building, which is fully occupied and measures around 4,100 m2, is leased to investment bank J.P. Morgan.  "The Irish market for office property has regained its strength after the...

A first in the Construction Industry: Fingerprint and Face Recognition Technology Control Access at a Construction site in Dongguan, China

SHUNDE, China, March 6, 2017 /PRNewswire/ -- It is certainly unusual to see an advanced fingerprint and face recognition system, something rarely seen outside of futuristic movies and the most modern of office buildings, being used at a noisy construction site, as the way of controlling access for its workers. Country Garden Holdings, a construction firm in Dongguan, a mid-sized city in China's Guangdong...

Catella Wins Prestigious German Real Estate Award

STOCKHOLM, Mar 06, 2017 /PRNewswire/ -- Catella has been awarded a real estate prize in the Refurbishment category for its Living Circle project at the Real Estate Managers 2017 event in Germany. Catella's Living Circle project is one of the biggest conversions of office space into residential in Germany, and won in competition with projects by major developers.   The imAward 2017 event, arranged by...

DAMAC Properties Presents a Rock-Solid Investment with Launch of Dubai’s First Modern Stone Villas

DUBAI, UAE, March 5, 2017 /PRNewswire/ -- and payable over five years       (Logo: ) Stone homes have been around for centuries and are known for withstanding the test of time. This charming architectural style is seen around the world, from Lebanon to India, the United Kingdom, Egypt and beyond. Marked by their artful masonry, heritage and warmth, each home inspires a sense of nostalgia,...

Citycon Sells non-core Property Lade in Trondheim, Norway

HELSINKI, Feb 28, 2017 /PRNewswire/ -- CITYCON OYJ Investor News 28 February 2017 at 10.00 hrs Citycon has signed an agreement to sell the non-core retail property Lade at the outskirts of Trondheim to Frost Holding AS. The property has five tenants and covers 8,600 sq.m. of gross leasable area. The purchase price amounts to approximately EUR 21 million (NOK 183 million), which is in line with the assets...

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