Overseas Property Investment

The most recent africa property investment news from a variety of international property news sources.

June 18, 2010 Acron Group, a Mumbai-based real estate company, has launched a nationwide chain of residential communities, Vivara Residences, for senior citizens. The company has set up Acron Senior Living as part of the diversified Acron Group, which is into property development, hospitality, infrastructure projects and retail. “We are developing a state-of-the-art society for [...]

Lodha Developers Limited, Mumbai’s premier real estate developer witnessed an unprecedented response from customers with over 1500 bookings in the first week of launch of their new residential project ‘CASA RIO’. Commenting on the overwhelming success of CASA Rio, R. Karthik, Senior Vice- President, Marketing, Lodha Developers Ltd. said, “The response to Casa RIO has [...]

Lodha Developers Limited, Mumbai’s premier real estate developer witnessed an unprecedented response from customers with over 1500 bookings in the first week of launch of their new residential project ‘CASA RIO’. Commenting on the overwhelming success of CASA Rio, R. Karthik, Senior Vice- President, Marketing, Lodha Developers Ltd. said, “The response to Casa RIO has [...]

PROPERTY and construction firm Mitrajaya Holdings Bhd, which posted record revenue and profit last year, expects to maintain or perform better in the current financial year ending December 31 2010. This would be driven equally by the group’s ongoing property and construction projects, managing director Foo Chek Lee said. “To date, the group’s combined order [...]

New Delhi-based retail player V-Mart has announced plans to open 8 to 9 hypermarkets this year as it resumes expansion after a one-and-half year slowdown-induced hiatus. The company also said it is looking to focus more on sportsware retailing in the run-up to the Soccer World Cup in South Africa and the Delhi Commonwealth Games [...]

After entering oil and gas and retail sectors, Reliance Industries (RIL) is now stepping into hospitality through a joint venture with Mumbai-based real estate company Maker Builders. They will build two hotels at the Bandra Kurla Complex in suburban Mumbai. The partners are in final talks with an international hotel chain listed in London -Mandarin [...]

After a solid opening quarter, the investment appeal of commercial real estate in Europe, the Middle East and North Africa is expected to spur sales by 30% in 2010. This momentum should translate into an active year in the direct commercial property market, with many major deals already in progress…

After a solid opening quarter, the investment appeal of commercial real estate in Europe, the Middle East and North Africa is expected to spur sales by 30% in 2010. This momentum should translate into an active year in the direct commercial property market, with many major deals already in progress…

For a while, it seemed an overwhelming majority of South African headlines were negative — poverty, HIV/AIDS epidemic and horrible crime rates. These issues still plague the country but it is pressing forward with wobbly confidence as its getting ready to host the 2010 World Soccer Cup. South Africa…

Remittances with an average size of less than Rs20,000 constitute 43% of the total Mumbai: Remittances to India are on the rise, but the bulk of the money flowing into the country is used for consumption and not for creating assets. A Reserve Bank of India (RBI) study, conducted in November, shows that the Indian [...]