News: german property investment

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

Phuket Resort Brand Highlights Green Credentials

Latest With a German television show due to highlight Phuket beach waste water pollution any day now, a big Thai resort brand trumpets its environmental credentials.

More Pain Befalls the Spanish Property Market

The Spanish property market continues to suffer acutely according to the latest reports. Some 600,000 homes are currently languishing on the market unable to find a buyer, and a further 200,000 part-completed properties are in the same boat. Most of these are in the popular holiday areas. According to the Bank of Spain, house prices [...]

A green look at property value

A growing number of developers and building owners in Malaysia are recognizing the value of going “Green”. The term sustainable development has interchangeably been used to reflect “green features” in the development. In some countries, sustainable development has a deeper meaning than simply applying “green features” as it is used to tackle a number of [...]

Spain Property Still on the Down Cycle Say Investors

Madrid office rents have fallen 30% since the crisis began, but still rents have risen, which shows just how much prices of commercial property have been eroded in Spain. But still the consensus indicates that investors should be waiting for a little while yet before pouncing on the bottomed market.   77% of the 154 [...]

HK ‘Superman’ Ka-shing ahead in malls bid

Kuala Lumpur: The Cheung Kong Group, owned by Hong Kong tycoon Li Ka-shing, has emerged as the front runner to buy three shopping complexes put up for sale by TMW Asia Property Fund. Cheung Kong, which also helps manage AmFirst REIT in Malaysia via its affiliate ARA, is said to be going through the books [...]

How liveable is Kuala Lumpur?

Cities are built for tomorrow. As Asia progresses and joins the ranks of advanced economies, green-related issues such as sustainability, liveability and smart cities have cropped up as this drawing by a child from India illustrates. There is a 20-something person let’s call him T who has a I Wanna Be a Millionaire ringtone on [...]

EPF buys third London property for £148mil

PETALING JAYA: The Employees Provident Fund (EPF) has bought a commercial building in central London from Union Investment for £148mil. It marks the EPF’s third property investment there since announcing an allocation of £1bil for British property purchases, Savills Rahim & Co said. EPF confirmed the deal. Union Investment, a Germany-based fund, is one of [...]

Spain Property Still on the Down Cycle Say Investors

Madrid office rents have fallen 30% since the crisis began, but still rents have risen, which shows just how much prices of commercial property have been eroded in Spain. But still the consensus indicates that investors should be waiting for a little while yet before pouncing on the bottomed market.   77% of the 154 [...]

Legoland aims for one million visitors

Siegfried Borst (left) and Zainal Ashikin Muhammad Rejab looking at a model of pre-war shop houses made of Lego bricks. NUSAJAYA: Legoland Development, the operator of Legoland Malaysia Theme Park being built here, expects to see one million visitors passing through its gates in the first year of operations. Legoland Malaysia Project senior director of [...]

Dream house no more?

The dream of homeownership is very much alive in the emerging world. The financial crisis that began in 2007 had its roots in excesses in the housing market that remained unresolved in 2010 and that will continue to roil economies in 2011 and beyond. Everybody now knows about America’s dodgy “subprime” mortgages (the term says [...]