Overseas Property Investment

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

West Side Village is a gated community of over 686 apartments in the prime location of Hurghada’s city centre. Hurghada is Egypt’s, and one of the world’s fastest-growing property hot-spots, situated on the increasingly popular Red Sea Riviera.

Overview
West Side Village is designed for all-year-round living, not just as a holiday resort. It offers the option [...]

Posting a string of monthly property price gains that have elevated housing values 50% from the same time last year, South Africa is heading into the New Year with renewed optimism in a real estate market that is ripe for recovery. While an interest rate reduction has stimulated activity and helped…

International Golf & Resort Management (IGRM) has appointed Michael Nagy as Managing Director of the company’s newly-formed Brazilian subsidiary. South African born Nagy, who boasts an impressive career in both the hotel and golf industries, is perfectly placed to guide the company’s expansion in Brazil during one of the most exciting times in its sporting [...]

LONDON: Investment in European commercial properties rose 34 per cent in the third quarter as more deals were completed in the UK and Germany, CB Richard Ellis Group Inc. said.
Investors bought ?17.3 billion euros (?1 = RM5.03) of shops, offices and warehouses in the third quarter, 44 per cent less than in the year-earlier period, [...]

MALAYSIAN companies have been invited to capitalise on investment opportunities in Zambia’s construction industry worth a potential US$1.77 billion.
Zambia’s National Council for Construction executive director Dr Sylvester Mashamba said the African country welcomed all businessmen from Malaysia to invest in the industry, either by themselves or in joint ventures with local companies or government agencies.
“We [...]

With stabilizing real estate prices, the introduction of business-friendly investment incentives and high demand for affordable housing, North African real estate is becoming more attractive to foreign investors. While there are numerous challenges to investing in Egypt, Morocco and other parts of North…

DUBAI: LCL Corp Bhd will shift its focus to bid for more interior fit-out (IFO) contracts in cash-rich Abu Dhabi, after the completion of IFO jobs in major projects like Atlantis The Palm Hotel, Dubai Metro System, Dubai Mall and Dubai Marina Hotel in Dubai, said group managing director Datuk Low Chin Meng.
Given the current [...]

Drastic declines in price and rentals in Middle East and North Africa property markets are predicted to level off as the economic picture stabilizes, restoring investor confidence. Yet what is needed is a refocusing from the short-sighted, greed-motivated model that has dominated recently to solid…

Missing links – Globe and Mail http://cli.gs/1B8Ra #
Emaar Could Trade at Dh5 by Year-end: Analysts Say – Khaleej Times http://cli.gs/Xzjtt #
Register now for PIE/PFE Emerging Eastern Europe Property … – Property Finance Europe (Abonnement) http://cli.gs/aB9D1 #
Real Estate Spain Guide to Buying Property in Spain – In2town http://cli.gs/bX3J0 #
WestImmo eyes future outside WestLB. Says property credit [...]

Mercer’s latest Cost of Living Survey for Worldwide Cities has seen some changes from last year. In a flash overview, Tokyo is now officially the world’s most expensive city to live in for expats. Johannesburg is the cheapest. The top ten are dominated by European and Asian cities, while a major reshuffle took place thanks [...]