Overseas Property Investment

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

UK: Rise in mortgage lending ‘fuelled by remortgaging’ [Guardian] UK government signs up builders, lenders for loan scheme [Reuters] Donald Trump: I want Sean Connery to open my golf course [Telegraph] Goldman Sachs’s Jonathan Egol Buys Manhattan Apartment for $3.72 Million [Bloomberg] Dubai homeowners face legal limbo over building upkeep [Arabian Business] Malaysian-born Chong among [...]

Experts have reported a surprise fall in vacancy rates in Dubai, after an unexpected but much needed “summer rush”. Residential vacancy rates fell 25% from 11% to 8% according to analysis of the PropertyFinder.ae website by Peter Cooper, editor of Arabian Money an independently published Dubai investment newsletter. “It is a big shift,” said Cooper, [...]

June 10 (Bloomberg) — Developers in Mumbai and Dubai are in a race to build the world’s tallest residential tower as they try to tap demand among swelling billionaire ranks for luxury homes costing more than $10 million. Lodha Developers Ltd. said on June 8 its 442-meter (1,450 feet) World One property in India’s financial [...]

The Saudi Arabian property market earned high marks in a recent poll of investors — owing to government stabilizing measures and expectations of continued strong returns. While a large majority of those surveyed are confident in a Saudi recovery before 2011, investor sentiment was much weaker…

China tells banks to stop loans for third-home purchases in a bid to cool property prices [Business Week] Empty house tax for French landlords [Public Radio] Low-profile company builds big business in foreclosures [Chicago Tribune] Broadband attracts new wave of expats in France [Connexion] Cityscape Abu Dhabi hit by Euro flights chaos [Arabian Business] Hong [...]

The La Hoya Bay saga continues… For those who do not know: La Hoya Bay is a luxury resort development on the United Arab Emirate of Ras al Khaimah, that started in November 2007 but has yet to be started. Let me rephrase that, ground was broken in La Hoya Bay in November 2007, but [...]

Dubai’s Emaar Properties finalising Turkey project cost [Arabian Business] Obama Administration to Patch Up Foreclosure Crisis With $1.5b Aid [NuWire] Forbes rich list topped by Mexican mobile phone titan Carlos Slim [Forbes] Positive signs for property investment as landlords flock to Buy To Let show [myintroducer] China property prices rise 10.7% in February [FT] Chinese [...]

A Middle Eastern consortium may become the partner for the RM2.5 billion Four Seasons Place Kuala Lumpur, which will occupy a site next to the Petronas Twin Towers.Sources said the group is one of the largest investors in the Gulf region and it is now in talks with project developer Venus Assets Sdn Bhd. The [...]

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 [...]

Liquidity markets to decide Cove’s ar… – Emirates Business 24/7 http://cli.gs/sjm4z # Shuaa Capital Gets New CEO – Khaleej Times http://cli.gs/15pnq # Mohammed to open Dubai Metro on Septe… – Emirates Business 24/7 http://cli.gs/HmJu7 # Dubai’s vow of silence over stalled d… – Telegraph.co.uk http://cli.gs/mmmeB # 70 years on, Poland’s WWII wounds hav… – The [...]