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In the most recent Global House Price Index, Turkey was ranked first.

Turkey top the annual rankings, according to Knight Frank's newest Global House Price Index for Q2, 2020, with prices up 25% year-on-year. However, it's worth remembering that inflation is now hovering about 12%. This quarter, European countries account for eight of the top ten rankings, with Baltic and Central and Eastern European countries prominently represented. qatar real estate Three countries that were regarded to have dealt with the pandemic most efficiently, New Zealand, Germany, and South Korea, had mixed results. Germany has yet to release its Q2 figures, while New Zealand dropped from second to eleventh place in the rankings between March and June despite still recording 9% annual price growth, and South Korea, whose annual price growth was anemic at 0.1 percent in Q1, has seen annual price growth pick up to 1.3 percent. The following are some of the key findings from the Global Index: The average annual change in prices across 56 countries and territories is 4.7 pe...

The Second Phase of Villa and Condo Sales at Iberostate Bavaro has begun.

(Dominican Republic, Punta Cana) — The second phase of Iberostate Bávaro, the company's first real estate development in the Dominican Republic's Punta Cana region, has been inaugurated by Iberostate, the real estate business of Grupo Iberostar, a major hospitality brand located in Spain. real estate qatar The first phase of the project, which was finished in December 2011, saw the building of 64 apartments and eight villas within the compound, which already houses one of the Caribbean's most prestigious golf clubs and courses. The project's second phase will include the construction of 90 more units as well as the establishment of an exclusive private Beach Club. The 5-star residential neighborhood is suitable for second-home buyers, locals, and those looking for a Caribbean lifestyle with easy access to luxury. The compound's finely built homes will provide renters with a holistic lifestyle experience, including private swimming pools, tennis courts, a fitness fac...

The JW Marriott will make its debut in the Caribbean.

(Dominican Republic, Santo Domingo) — JW Marriott Hotels & Resorts, Marriott International's world-class luxury hotel brand, recently announced plans to establish a new 131-room JW Marriott Hotel in Santo Domingo, the Dominican Republic's capital, in 2014. Marriott will manage the mixed-use residential and commercial complex as part of a deal with Grupo Velutini, a Panamanian subsidiary of Fondo de Valores Inmobiliarios (FVI). President Leonel Fernandez, Marriott International chairman J.W. Marriott, Jr., Grupo Velutini owner/president Luis Emilio Velutini, and Rob Steigerwald, Marriott International chief operating officer, Americas, attended the official announcement event at the hotel site within the Blue Mall.  qatar property "The Dominican Republic is a very desired destination for today's luxury tourist and a developing business hub in the Caribbean," stated Marriott International Chairman J.W. Marriott, Jr. "As a result, it's great for our JW M...

Chilean retailers intend to invest more than $7 billion in real estate.

Chilean retailers have gone on the offensive in response to the country's excellent economic climate, new retail format potential, and worldwide chances. According to a report published in the Chilean business magazine Pulso, major Chilean retailers plan to invest $7.143 billion by 2017. Falabella is planning a nearly $4 billion investment, according to the story, which will expand the company's already vast retail portfolio to 527 stores and 51 malls.  qatar houses Following that is Cencosud's planned investment of $1.169 billion, SMU's projected investment of $1 billion, and Parque Arauco's planned investment of $450 million. Ripley, La Polar, and Hites, among other major stores, are planning investments of $350 million, $150 million, and $101 million, respectively. Increased consumer demand, fueled by robust economic growth, consumer credit availability, and increased consumer confidence, is one element driving the investment plan. Chile's planned $100 billio...

The Secondary Markets of Latin America Take Center Stage.

Secondary cities are frequently a non-starter for many investors and enterprises unfamiliar with rising Latin American countries. Many corporations prefer to play it safe and stay in the largest and most established markets whether starting a business or investing in a real estate development, infrastructure project, or other asset. However, those who look underneath the surface will notice that secondary markets are abundant with potential profits, but Latin America's largest cities are becoming increasingly overcrowded and pricey.  for sale in qatar Latin America is the world's most urbanized region, with approximately 80% of the population (and growing) residing in cities. In Latin America, about 260 million people live in cities, with another 60 million expected by 2025. The reasons are straightforward: improved public services, health care, connection, and, most significantly, job possibilities. This is unsurprising given the enormous difference between the region's mo...

Retail Property Development will be Sustained by Rising Global GDP

According to a new Cushman & Wakefield global retail research, worldwide trends for shopping center development remain positive. Although emerging economies have slowed and development will not match that of 2012 and 2013, considerable supply increases are predicted in major emerging markets such as Brazil, Russia, India, and China from 2014 to 2016.  real estate in qatar Both the considerable increase in ultra-high net worth individuals worldwide, as well as better global economic fundamentals and improved consumer confidence, bode well for the property market. Global GDP is expected to expand at a rate of 3.4 percent, the fastest since 2011. Household spending will play a big role in achieving GDP growth, with the United States, the eurozone, and China leading the way. Despite recent slowing growth, China is predicted to post a world-leading 4.5 percent increase in consumer expenditure in 2014, which will accelerate to 5.1 percent in 2015. "As the global economy turns from r...

The Commercial Real Estate Sector in Hong Kong Continues to Expand at a Rapid Pace in 2011.

    Strong consumption and continued corporate expansion growth, as well as a low interest rate environment and limited space availability, all contributed to accelerating rental and capital value growth across all property sectors in the first half of this year, according to a new report released this week by global real estate consulting firm Jones Lang LaSalle titled the Hong Kong Mid-Year Property Review.  for sale qatar   Market for Offices The Grade A office market in Hong Kong continues to see robust demand and rental growth in the first half of 2011, following a record year of net take-up in 2010. The period saw a consistent degree of expansion requirements, with eastern movement remaining a prominent trend due to increasing rental rates in the core CBD areas. Between January and June 2011, the net take-up was 1.46 million square feet.   Despite the opening of a few new Grade A-quality buildings, vacancy levels remained low across all sub-mar...