Overseas Property Investment

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

The world’s biggest commercial property consultant, CB Richard Ellis (CBRE) expects Malaysia’s property market to be fairly stable in terms of rental and capital value with increased foreign investments flowing into the property sector.
“We don’t anticipate a major crash or upturn this year as we are not overbuild.
“Foreign funds drifted away with the financial crisis [...]

The property market in Malaysia is on an upward trend with middle class suburban property prices rising driven by the steady stock market movement.
Ho Chin Soon, director of Ho Chin Soon Research, a property company that specialises in land use and ownership maps, said the KLCI which has been moving upwards from 2009 to 2010, [...]

KUCHING: Naim Holdings Bhd is bidding for a RM150mil project to relocate villagers from several Bidayuh villages affected by the Bengoh dam now under construction in Padawan near here.
Corporate affairs head Ricky Kho said the resettlement project in Sematang, Padawan, was expected to be implemented in two phases, which would involve 1,300 villagers from four [...]

MUMBAI: A property exhibition at Navi Mumbai not only drew in huge crowds but also did big business—about 5,000 flats were sold in three Initially, most Navi Mumbai builders were reluctant to participate in the three-day exhibition because of the recession. By Monday, they were buoyed by the unexpected response. “According to rough estimates, the [...]

Having been on the market for just over a year, the US embassy building in London’s Grosvenor Square is to be bought by Qatar’s sovereign wealth fund, Qatari Diar Real Estate Investment Co. The building was designed by Eero Saarinen and built in 1960, although the American embassy has been located in Grosvenor Square since [...]

KUALA LUMPUR: Tower Real Estate Investment Trust will post a RM5.8 million surplus from the revaluation of its three prime land commercial properties here.
These include the 32-storey Menara HLA in Jalan Kia Peng and HP Towers, which comprise two blocks of nine and 21 storeys each, in Jalan Gelenggang within the Bukit Damansara enclave.
Tower had [...]

The Malaysia International Furniture Fair has been held in multiple locations in recent years due to the lack of space.
MALAYSIA has some of the finest exhibition and convention centres in the region, but it needs to beef up its MICE (meeting, incentive, convention and exhibition) sector if it wants to garner a larger slice of [...]

DUBAI: Dubai Properties Group, owned by the ruler of Dubai’s holding company, replaced several executives including its chief financial officer yesterday and pledged better corporate governance to improve operations.
Changes at the property firm – a unit of Dubai Holding, the private company of Dubai’s ruler – included new chiefs of financial affairs, marketing, legal affairs, [...]

Bank Islam Malaysia Bhd may indirectly become a property developer as it explores the prospect of developing wakaf land into property projects.
It is in talks with various Islamic religious and economic agencies, such as Yayasan Wakaf Malaysia, on developing wakaf land nationwide.
Group managing director Datuk Seri Zukri Samat said that instead of just providing the [...]

NAZA Group will call for a press conference soon to address the many questions that have arisen after the group recently signed a building-for-land deal with the Government.
Naza’s property arm, Naza TTDI Sdn Bhd, will receive 65 acres of prime land in the Jalan Duta area in Kuala Lumpur for building a RM628mil expo centre [...]