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Property news by Property Wire

Sun
Sep 07th
2008
Home arrow Hot topics arrow Hot topics in the news

News related to economy

Germany revealed as top property investment prospect in European real estate markets
2008-09-04 14:02:18 [Europe]

Germany is the best country in Europe right now for property investors, especially those seeking long term prospects, according to an annual European survey.

Read full article: [Germany revealed as top property investment prospect in European real estate markets]
 
Attitude will help professional buy-to-let investors weather the credit crunch
2008-09-03 18:09:48 [Europe]

Professional buy-to-let property investors in the UK are predicted to keep buying and to ride out the credit crunch, according to a survey of mortgage brokers.

Read full article: [Attitude will help professional buy-to-let investors weather the credit crunch]
 
Western investors look outside the gulf for property bargains
2008-09-01 14:02:15 [Middle East]

Western investors have cooled on Gulf property markets, probably because of global credit conditions, according to consultants.

Read full article: [Western investors look outside the gulf for property bargains]
 
Hopes high in the US for property recovery
2008-09-01 11:02:27 [North America]

Property prices in the US are still falling despite the economy performing better than expected in the second quarter of 2008.

Read full article: [Hopes high in the US for property recovery]
 
Major development boom in Dublin despite economic climate
2008-08-28 14:02:22 [Europe]

Times may be hard in the property industry but a major Irish developer is undertaking Ireland's biggest single property investment with a €1 billion expansion to a north Dublin shopping centre.

Read full article: [Major development boom in Dublin despite economic climate]
 
Call for New Zealand government to ban overseas ownership of property
2008-08-25 14:03:23 [Australasia]

The New Zealand Government should ban foreign property investors from buying, a political party is claiming.

Read full article: [Call for New Zealand government to ban overseas ownership of property]
 
Guangzhou property sector looking for a helping hand from the world of sport
2008-08-24 14:06:23 [Asia]

As the Olympic Games close in Beijing all eyes on China are moving to Guangzhou, the city a thousand miles away that is to host the 2010 Asian Games.

Read full article: [Guangzhou property sector looking for a helping hand from the world of sport]
 
Cape Verde government clarifies position on land sales
2008-08-18 14:02:06 [Africa]

The government in Cape Verde has dismissed rumours that it was going to ban the sale of land to foreign investors.

Read full article: [Cape Verde government clarifies position on land sales]
 
UK property downturn means fewer British are investing abroad
2008-08-14 18:09:58 [Europe]

Fewer British investors are buying overseas property due to a combination of economic factors according to a number of organisations.

Read full article: [UK property downturn means fewer British are investing abroad]
 
Brazil sets its sights on the 2016 olympic games
2008-08-14 14:03:24 [South America]

Brazil, one of the fastest growing economies in the world, now has its sights firmly set on hosting the 2016 Olympic Games.

Read full article: [Brazil sets its sights on the 2016 olympic games]
 
Albania on track for a bright future
2008-08-10 18:23:59 [Europe]

Despite reluctance among some property investors to risk looking at emerging economies Albania has a bright future with sustainable growth, according to property experts.

Read full article: [Albania on track for a bright future]
 
Property brokers cutting costs amid fears of large scale job losses
2008-08-08 18:09:40 [Europe]

Property brokers and investment bankers in Europe are tightening their belts as major job losses are predicted a year after the credit crunch started.

Read full article: [Property brokers cutting costs amid fears of large scale job losses]
 
Dubai property prices set for a fall by 2010
2008-08-07 09:26:09 [Middle East]

Property prices in Dubai are likely to fall 10% by 2010 as the supply of real estate outpaces demand, according to a new report.

Read full article: [Dubai property prices set for a fall by 2010]
 
No clear economic view on UK property price recovery
2008-08-06 14:04:16 [Europe]

Economists are divided over how quickly UK property prices will recover when the current downturn is over.

Read full article: [No clear economic view on UK property price recovery]
 
Property market in Northern Ireland plummeting five times faster
2008-08-03 17:50:49 [Europe]

The property market in Northern Ireland rose faster than anywhere else in Europe and now it is crashing just as fast, according to the latest analysis.

Read full article: [Property market in Northern Ireland plummeting five times faster]
 
Uk property prices will recover and soar again, report predicts
2008-08-02 18:09:42 [Europe]

Once the economic outlook improves in the UK property will resume its previous upward trend, it is being predicted.

Read full article: [Uk property prices will recover and soar again, report predicts]
 
Brazilian cities are becoming more expensive faster than anywhere else in the world
2008-08-01 14:02:18 [South America]

Sao Paulo in Brazil tops a new poll of the most unaffordable cities in the world. It has become more expensive faster than anywhere else on the planet according to the influential Forbes Group.

Read full article: [Brazilian cities are becoming more expensive faster than anywhere else in the world]
 
Property market reviving in Nicaragua as worries over political regime subside
2008-07-31 14:02:51 [South America]

Property investors from the US are no longer buying in Nicaragua because of the economic downturn and concerns over the political regime, it is claimed.

Read full article: [Property market reviving in Nicaragua as worries over political regime subside]
 
Russian banks exposing themselves to credit crunch risk
2008-07-26 11:33:06 [Europe]

Russian banks need to tighten their risk management to avoid the credit crunch in which global banks have so far declared more than $160 billion in mortgage related losses, finance experts are warning.

Read full article: [Russian banks exposing themselves to credit crunch risk]
 
Tunisia emerging as the next property market to take off
2008-07-25 10:33:49 [Africa]

Major Middle East developers are investing in Tunisia which property analysts believe is the new emerging market set to make an impact in the next five years.

Read full article: [Tunisia emerging as the next property market to take off]
 
Strong economic growth potential puts Albania and Panama top of long term investment list
2008-07-20 14:02:56 [Related Stories]

Albania and Panama are the top two locations for long term property investment according to the latest research from international analysts.

Read full article: [Strong economic growth potential puts Albania and Panama top of long term investment list]
 
Egyptian mortgage market catching up with booming property market
2008-07-18 18:01:32 [Africa]

The amount of mortgage finance in Egypt is expected to double in the next year as it catches up with the country's booming property market.

Read full article: [Egyptian mortgage market catching up with booming property market]
 
Credit crunch unlikely to affect strong Asian economies with China performing well
2008-07-16 14:02:08 [Asia]

China's breathtaking economic growth is unlikely to be de-railed by the global credit crunch making it one of the best places for property investment funds to consider, it is claimed.

Read full article: [Credit crunch unlikely to affect strong Asian economies with China performing well]
 
Trade boost for Cape Verde
2008-07-13 10:03:18 [Africa]

The economic development of Cape Verde, one of the fastest growing emerging property markets, takes a step forward later this month when the country become a member of the World Trade Organisation.

Read full article: [Trade boost for Cape Verde]
 
Opening of world's biggest shopping mall sign of continued growth in Dubai
2008-07-10 10:17:07 [Middle East]

The world's biggest shopping mall opens in Dubai next month amid predictions that it will create new investment in the high growth retail sector.

Read full article: [Opening of world's biggest shopping mall sign of continued growth in Dubai]
 
Investment boost in Dominican Republic points to property surge
2008-07-09 18:02:06 [South America]

Major investment and development in the Dominican Republic is set to boost the Caribbean islands tourism and property investment industries.

Read full article: [Investment boost in Dominican Republic points to property surge]
 
Fiji land bargains for short term investors
2008-07-06 18:09:13 [Australasia]

It is only accessible twice a week, but the Fijian island of Koro is expecting to see annual capital appreciation of at least 30% over the next two years.

Read full article: [Fiji land bargains for short term investors]
 
Tiny mountain country continues to have rising property prices
2008-06-27 18:09:52 [Europe]

Andorra, a tiny country in the Pyrenees between France and Spain is set to buck the downward property price trend this year and see a 5% rise according to agents.

Read full article: [Tiny mountain country continues to have rising property prices]
 
Escalating inflation seen as threat to booming property markets in Asia
2008-06-27 14:02:38 [Asia]

Asia is showing signs of its property boom coming to an end according to financial experts.

Read full article: [Escalating inflation seen as threat to booming property markets in Asia]
 
Out of touch US consumers believe real estate recession is short term
2008-06-27 09:23:12 [North America]

Consumers in the US are optimistic that real estate will recover sooner rather than later, according to a new survey.

Read full article: [Out of touch US consumers believe real estate recession is short term]
 
New property buying guide gives good and bad side of investing in Brazil
2008-06-19 10:01:37 [South America]

Coastal cities in Brazil offer the highest returns for property investors according to a new guide to buying in the country.

Read full article: [New property buying guide gives good and bad side of investing in Brazil]
 
Sit out 2008, spanish property investors are advised
2008-06-18 10:29:54 [Europe]

The property market in Spain is 'dead' and unlikely to improve in 2008, according to two experts.

Read full article: [Sit out 2008, spanish property investors are advised]
 
Property prices set to soar in emerging economies
2008-06-13 14:09:58 [Related Stories]

The four largest emerging economies in the world are likely to continue to with soaring property prices for the foreseeable future, according to financial experts.

Read full article: [Property prices set to soar in emerging economies]
 
More effort from Cyprus to boost visitor and investor interest
2008-06-12 18:09:41 [Europe]

The government and tourism officials in Cyprus are to spend extra money attracting visitors and investors to try to boost the island's property market.

Read full article: [More effort from Cyprus to boost visitor and investor interest]
 
French property slows but general outlook is good
2008-06-10 14:02:40 [Europe]

Property prices in many parts of France are slowing, according to a land agency report, but popular areas are still doing well as overall average prices are predicted to stay strong.

Read full article: [French property slows but general outlook is good]
 
Natal is Brazil's golden egg, academic claims
2008-06-10 10:08:03 [South America]

Developers and real estate businesses are flocking to Brazil, forced to seek more optimistic outlooks because of the economic downturn in the US, stagnation in countries like Spain and the general slowdown in Europe.

Read full article: [Natal is Brazil's golden egg, academic claims]
 
Indian property investors looking abroad to buy
2008-06-09 09:48:52 [Asia]

As India is tipped to become the world's second biggest economy after China, more and more Indians are investing in international property.

Read full article: [Indian property investors looking abroad to buy]
 
Downturn in prices and visitors a blow for New Zealand property investors
2008-06-07 18:05:26 [Australasia]

Property investors in New Zealand are facing a double whammy - prices and rental yields are falling.

Read full article: [Downturn in prices and visitors a blow for New Zealand property investors]
 
Credit crunch bite in South Africa could be good for property investors
2008-06-03 10:12:31 [Africa]

Owners of rental property in South Africa are benefiting from a strong tourism sector and as prices start falling more interest is anticipated.

Read full article: [Credit crunch bite in South Africa could be good for property investors]
 
Downturn means UK commercial property sector now more attractive
2008-06-02 10:09:57 [Europe]

Investors should take advantage of the downturn in UK commercial property prices to snap up bargains, according to a leading Middle East bank.

Read full article: [Downturn means UK commercial property sector now more attractive]
 
Rising oil prices means more cash for investment in Margarita
2008-05-28 10:38:37 [South America]

While most of the Western world is protesting about the price of fuel, oil is helping to boost Margarita's potential for property investors.

Read full article: [Rising oil prices means more cash for investment in Margarita]
 
New airline and office openings indicate growth in Cambodia property market
2008-05-26 11:07:08 [Asia]

Cambodia's national airline which was scrapped with massive losses in 2000 is to be re-launched at the start of a push to encourage more international interest in the country.

Read full article: [New airline and office openings indicate growth in Cambodia property market]
 
Emerging property markets growth forecast down
2008-05-23 10:15:29 [Related Stories]

Emerging property markets may not see as much growth as anticipated next year as food and fuel costs adds to the financial woes of would be investors, according to the latest analysis.

Read full article: [Emerging property markets growth forecast down]
 
Philippines property market gap opens up
2008-05-22 10:03:45 [Asia]

US economic woes are affecting a key sector of the Philippines property market but it is hoped the shortfall will soon be picked up by increasingly affluent Filipinos seeking investment opportunities as well as new overseas investors.

Read full article: [Philippines property market gap opens up]
 
Optimism for Cape Verde as trade and economy predictions look good
2008-05-21 18:07:23 [Africa]

Encouraging words about the future of the economy in Cape Verde are expected to add to the increasing interest among property investors for this former Portuguese colony.

Read full article: [Optimism for Cape Verde as trade and economy predictions look good]
 
Croatia talks oil and gas with Middle East suppliers
2008-05-20 14:09:49 [Europe]

A deal that allows Iran to supply gas to Europe via Croatia could help make this former part of Yugoslavia an investment goldmine, it is claimed.

Read full article: [Croatia talks oil and gas with Middle East suppliers]
 
Demand outstrips supply in booming Abu Dhabi
2008-05-20 08:55:11 [Middle East]

The Abu Dhabi rental sector is booming with occupancy rental rates in villas close to 100% making it the fastest growing region for property investment in the United Arab Emirates, it has been revealed.

Read full article: [Demand outstrips supply in booming Abu Dhabi]
 
Lord of the Rings boom ends for luxury property market in New Zealand
2008-05-19 18:08:42 [Australasia]

Interest in luxury property in scenic locations in New Zealand, fuelled by the success of the Lord of the Rings films, is facing a downturn.

Read full article: [Lord of the Rings boom ends for luxury property market in New Zealand]
 
New credit ratings in South America means investment is booming
2008-05-17 14:02:46 [South America]

New credit ratings for South American countries points to economic success that will boost their attractiveness to foreign investors.

Read full article: [New credit ratings in South America means investment is booming]
 
Albania property boom expected in next five years, experts claim
2008-05-17 09:40:56 [Europe]

Albania is set to become an attractive place for overseas property investment in three to five years, according to industry experts.

Read full article: [Albania property boom expected in next five years, experts claim]
 



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Muriu Beach, Natal
 

Feature story

Islamic finance poised for massive growth as London becomes key hub outside the Middle East

London is emerging as the key centre for Islamic finance outside of the Middle East as financial institutions clamber to become part of a growing market. Currently it is estimated that Islamic banking manages funds of $200 billion. It is predicted to increase by up to 15% a year and be worth a trillion dollars by 2010.

Company news

Dubai of the Mediterranean - Tunisia

North Africa's smallest nation, Tunisia, may be mightily overshadowed by near neighbours Morocco and Egypt in the current property press.

Forum Watch

Forums debate the good prospects in German property market but finance is a big hurdle

With Germany emerging as one of the best longer term property investment prospects amid the credit crunch it has also become a major topic on the property forums this week.

Currency watch

Dollar ends on a positive footing

Lots of volatility on the exchange markets yesterday, with the dollar losing some of its recent initial strength but ending on a positive footing.

Your Stories

Beauty Spring 2007Are you in the Property business? Do you have something to say? Or simply want to make an announcement? Send in your stories to be reviewed by our editor. Send us your news

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