Property and Real Estate News

 

Foreign investors urged to seek local partners in Ghana

Foreign investors urged to seek local partners in Ghana

The Minister of Trade and Industry, Dr Ekwow Spio-Garbrah, says it is in the interest of every foreign investor to look for local Ghanaian partners who can contribute local knowledge, skills and expertise to their operations.
Investing in Africa is safe

Investing in Africa is safe

Dr Kaire Mbuende speaking at the RICS Africa Summit 2015 Dinner. The African continent is one of the safest place to undertake any sorts of investment in the production of goods and services, says Dr Kaire Mbuende, former Namibian Ambassador and Permanent Representative of Namibia to the United Nations
Appetite for Spanish property rapidly returning – RICS

Appetite for Spanish property rapidly returning – RICS

The Royal Institute of Chartered Surveyors (RICS) believe the stage is set for Spain to return to a property boom. The latest data from RICS suggests there is renewed interest, in particular, in the commercial property sector and the residential market is enjoying reflected growth as a result of this.
Investor sentiment dramatically improves in Spain and Portugal

Investor sentiment dramatically improves in Spain and Portugal

The Royal Institute of Chartered Surveyors (RICS) reports a massive increase in tenant demand in the two Iberian countries. In Spain, tenant demand increased 60% from Q1 to Q2 this year while Portugal experienced a 40% increase, according to RICS Q2 Global Commercial Property Monitor.
Almost half a million Brits are now property millionaires

Almost half a million Brits are now property millionaires

According to property website Zoopla, 484,081 flats and houses in Britain are now worth over a million pounds, a rise of more than 50% on last year’s figure of 300,142. Additionally there are around 10,000 streets in the UK where the average property costs over a million pounds, 3,744 of which are in London.
Spanish property sales rise 16.3%

Spanish property sales rise 16.3%

New data from Spain’s notaries reports that residential property sales are rising with Brits leading the way in picking up the country’s property at reduced prices. The statistic centre of the Consejo General del Notoriado has reported a 16.3% rise in the number of houses sold in Spain in the year to June 2014. However, the average price per square metre was down 5.7% to €1,214.
Despite economic woes, Greek holiday properties reach record value

Despite economic woes, Greek holiday properties reach record value

Prices may have sunk dramatically in larger Greek cities, but on the islands it is a completely different story. Georg Petras, Managing Agent at Engels and Volkers on Rhodes told Die Welt: “We just reached a record price of €13,000 per square metre for a holiday home.”
Spurs top Nationwide’s house price Premier League

Spurs top Nationwide’s house price Premier League

London Borough of Haringey, where White Hart Lane is located enjoys fastest rise in house prices of any location in football’s Premier League. The 32% rise in prices in Haringey over the past year means the average house in the borough now costs £513,435. In joint second place were Chelsea and Queens Park Rangers, which both lie in the London Borough of Hammersmith and Fulham.
UK student housing investment rises 20%

UK student housing investment rises 20%

Investment in UK student housing rises to £1.13 billion in the first half of 2014, up 20% on the same period the previous year according to CBRE. The firm adds that £2.1 billion was invested in UK university accommodation in 2013. This represents the second consecutive year in which investment has been over £2 billion and the figures for the first half of this year suggest the £2 billion mark..
US Pavilion sells out at Bogota’s largest property show

US Pavilion sells out at Bogota’s largest property show

Organisers of the Gran Salon Imobiliaria, which runs in Bogota, Colombia, appointed international real estate PR and marketing specialists Orb international to host the US Pavilion within the show. Within weeks, the pavilion was completely sold out to US based exhibitors.

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