EPEX 2008 is the UK’s only showcase for finest real estate in the whole world as well as those who outfit and cater to the buyers of such property. It is becoming so popular that additional display booths had to be arranged for exhibitors, and there are only a few left of these. This annual show and exhibition takes place at Earls Court & Olympia National Hall, in London, 21 - 22 June 2008. This...
5th May 2008- The Chinese property market has seen house prices in 70 large and mid-sized Chinese cities rise 11 percent year-on-year in the first quarter according to the National Development and Reform Commission (NDRC). Prices of new apartments jumped 11.8 percent, down 0.4 percentage points from the same quarter last year, while prices of second-hand flats rose 11.5 percent, up 1.7 percentage...
Wealthy Russian overseas property investors have been attracted to the Australian Gold Coast and are now the biggest spenders of Australian Gold Coast property. The average investment is a hefty USD$ 550,000 according to research undertaken by property agency DTZ. The Gold Coast has been voted in the top 10 growth spots in Australia and the median property prices are expected to jump from $425,000 -...
1st May 2008-Foreign Currency specialists Halo Financial report that US interest rates were cut, as expected, by 0.25 percent last night as the Federal Reserve moved to increase the availability of cheap money in order to offset the economic downturn. The detail is explored below but the effect has been to weaken the US Dollar against most currencies. The Bank of England has also been in the news this...
Billionaire Sam Zell, known for his real estate and media investments, went on record as saying that Brazil is his choice for new investment. At the Milken Institute Global Conference in Los Angeles, Zell said that Brazil will be the next China, according to several news reports including one from Reuters. "I'd buy Brazil," Zell told his audience at the Conference. "It has the chance 30 years from...
Marseille’s Euro Mediterranean Project is one of the largest urban renewal projects the world has ever seen. When completed in 2012, the plan envisions Marseille as one of the top Southern European cities. This ancient seaport is one of the oldest cities in France and Europe, but it has lagged behind the rest of the country in terms of development and popularity. The Euro Mediterranean Project is...
Investors thinking about buying property in Italy may well turn their focus to Bologna as it receives a huge amount of investment. A recent article in the International Herald Tribune highlights Bologna’s plans for growth and spurring investment. The local agency in charge of promoting investment in the city, Promo Bologna, lists the investments and developments that are currently ongoing and planned...
Brazilian real estate has again made the headlines as a great place to invest in the property market. This time Brazil receives its seal of approval for investment from the Billionaire real estate and media expert Sam Zell Brazil has been attracting investors to its sunny shores in increasing numbers as it appears to tick all the boxes as the next big place to invest. Overseas property portal...
Emerging property markets seem to be offering investors a safe haven for investors according to the overseas property portal Homesgofast.com. The UK based property portal which has been online since 2003 and carries over 60,000 properties notes a trend with its online investors. Determined investors now seek lower priced real estate in countries such as Egypt and Brazil. Homesgofast.com CEO...
23rd April, 2008 -The Bank of Canada cut its interest rate by half a point to 3% whilst noting that further cuts might be necessary. The slowdown in the United States, which is Canada's largest trading partner, has begun to affect the Canadian economy. This has helped to spur the Canadian central bank to make these cuts. The Bank said in a statement: "The Bank is now projecting a deeper and more...