News - Archive for November 2010

The Future of The Euro

In last months poll we asked if you thought the media were having a positive or negative impact on house prices. Whilst I will admit to thinking at the time that this would be a pretty foregone conclusion, the results do state that the general consensus of opinion is that the press are up to no good when it comes to house prices....

The revival of commercial real estate markets around the world has been highlighted by recent research conducted by Colliers International. According to the property consultant foreign investors are showing more confidence than they did six month previously....

The current economic crisis in Ireland is having a knock-on effect on the country's property market, with analysts describing it as the "most vulnerable in the world". Despite many other European markets entering their recovery phases in the wake of the global financial disaster, Ireland’s real estate sector is still in turmoil, with prices having fallen by 44 per cent in Dublin since their peak....

UK Property Sector Set for Slow Growth

There is a mixed outlook for the UK real estate sector heading into the New Year, with the overall pace of economic recovery set to slow in 2011. According to various property consultants, a slowdown in the number of developments in the commercial market is expected to hamper recovery and in the residential sector prices and transactions are also set to slow....

According to the latest DTZ Fair Value Index, European real estate markets now offer more attractive returns to investors. The consultant has claimed that the number of "hot markets" has increased from 20 to 23 during the third quarter of 2010 The number of "cold markets" has fallen from 21 to 14....

Investor Confidence Rising in the US

According to the results of a recent survey, confidence is increasing among affluent investors in the US. The TNS Investor Confidence Index rose to 116 in October, which is its highest level since hitting 129 during the peak years of 2007....

Economies in Asia are better placed for the real estate recovery process than their western counterparts, it has been suggested. As such, investor demand in the region is expected to increase over the coming years....

Lebanon is an Emerging Market to Watch

Recent research has suggested that emerging markets around the world are continually outperforming their more established rivals in the real estate sector. And now figures released during the Beirut International Property Fair suggest that this trend is becoming even more widespread....

Investors Turn to Asia Pacific Markets

The Asia Pacific region has emerged as a favoured destination for future real estate investment, according to the results of one survey. Conducted by Aviva Investors, the study found that three-quarters of those questioned were looking to add to their portfolios in the coming three years....

Overseas investors continue to show an interest in the real estate market in London and the Home Counties, with industry experts predicting a spring revival within the sector. A forecast increase in interest rates will help to boost the top end of the market in particular, according to Andrew Giller, partner and head of the Buying Solutions Office in London....

A growing number of European and Asian investors are purchasing real estate in Australia as high interest rates continue to put off domestic buyers, it has been claimed. The Real Estate Buyers Association of Australia has said that a rise in the number of foreign buyers in the country is helping to drive demand....

US Commercial Values See Record Growth

Commercial property prices in the US have enjoyed their biggest growth in over a decade of records, new data has found. According to Moody's Investor Service, on average the asset class rose in value by 4....

Rising inflation is expected to have a negative impact on European retail property prices in the coming year, a new report has suggested. Property consultancy King Sturge has forecast that increases could lead to a weakening of occupier demand and prompt further tenant defaults....

Investors Look to Distressed Assets

An increasing number of real estate investors will be looking to take advantage of the distressed property market during the fourth quarter of this year as banks start to take a tougher line on failing loans....

Portugal has been told that it only has a few months to convince the international money markets that it can avoid becoming the next eurozone county to fall. Following the news that Ireland has had to seek out a bailout from the EU, the country now faces an uphill struggle....

The real estate sector in the Middle East is continuing to attract the attention of prospective investors, new research suggests. Despite a bleak global economic outlook, a study by online business intelligence platform Zawya found that real estate is one of the most popular projects being tracked by professionals....

Jones Lang LaSalle (JLL) has claimed that global office vacancy rates will start to trend downwards during 2011, with many of the world's "high-order" markets firmly within the rental upswing phase....

Retail Leading Commercial Sector in NZ

Around the world numerous indices have informed us about the strength of the commercial property market and the strong recovery it has made since the global economic downturn.And in New Zealand, the latest figures are no exception, with the Investment Property Databank (IPD) informing prospective buyers that overall the sector recorded an 8....

Following a relaxation of currency exchange controls in South Africa, there has been a sharp rise in the number of wealthy locals looking to invest in overseas markets. In particular, buyers have been looking to take advantage of distressed opportunities in Spain and Florida, NewsTime reports....

Restrictions imposed on property buyers in the booming Chinese market are forcing investors to look at opportunities present in Hong Kong. According to figures from the Centaline Property Agency, Chinese buyers accounted for a third of new luxury home purchases in Hong Kong in the first half of 2010....

Latin American Markets Offer Potential

The emerging markets of Brazil and Mexico offer real estate speculators the potential to enjoy a significant return on investment, it has been suggested. According to the Americas edition of the Emerging Trends in Real Estate 2011 report published by Price Waterhouse Coopers (PwC) US and the Urban Land Institute, the two countries account for two-thirds of Latin America's population and the majority of its "growth dynamics", IPE....

US Commercial Market Picking Up

US commercial properties are continuing to post improvements in their value, despite the uncertain economic conditions in the country. According to Investment Property Databank's (IPD) US Quarterly Property Index, the asset class has seen capital growth of 3....

The Irish Bailout Explained

It's been a tough year so far economically for large parts of the developed world. Talk of bubbles, crashes, double-dips, negative equity and bail-outs have been non-stop in most media streams....

Emerging markets around the world are continuing to outperform their more established rivals in the real estate sector, the latest research has suggested. According to the latest Global Retail Market View from CB Richard Ellis (CBRE), the ongoing growth of the region's middle class is contributing to this success....

New research has suggested that direct investment into global commercial property is likely to grow by between 25 and 35 per cent in 2011. The forecast will see the total level of transactions around the world reach in excess of USD350 billion....

In 2010, the commercial property sector in France is comfortably outperforming the previous year, new research from Savills has found. In a trend which is reflected in the majority of countries around the world, the commercial market is currently very strong....

Global Prime Rents Have Stabilised

Rents for prime property across the globe have stabilised suggesting that consumer confidence in real estate worldwide is beginning to grow, the latest figures suggest. CB Richard Ellis'(CBRE) Global Retail Market View report highlights the increasing demand for prime retail space in most markets, with some cities seeing substantial annual growth at the end of the third quarter of 2010....

China Limits Foreign Property Ownership

The Chinese government has announced that it is introducing new limits on the ability of foreigners to buy residential or commercial property in the country. The move is the latest effort to reduce to amount of speculative money entering into its economy....

Non-eurozone countries have been named as the best destinations for investment in 2011. The UK, Brazil, Turkey and Morocco have all been tipped as being safe, high-yielding prospects for real estate buyers in the coming year....

Analysts are predicting that the global commercial property market will continue to post growth into 2011, following a strong finish to this year. Worldwide investment in the asset class is expected to have grown by more than one-third by the end of 2010 when compared to figures from last year....