News: oman property investment

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

5 Reasons to Think Twice about Economic ‘Recovery’

Around the world the recession is easing, or, at least according to economic indicators that is what is happening.
Much of Europe emerged from recession in the second quarter, including the big duo of France and Germany. Most of the rest followed in Q3 including Italy. US GDP grew 0.9% in the third quarter, and Italy’s [...]

Qatar Buys A Piece of America In London

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 [...]

Genting Singapore resort hotels to open Jan 20

SINGAPORE: Genting Singapore said yesterday it will open the first part of its US$4.4 billion (US$1 = RM3.39) casino-resort in the city-state on January 20, beginning with four hotels.
“Resorts World Sentosa is working closely with the authorities to obtain approvalsfor Universal Studios Singapore, which will open next,” the company said in a statement.
Genting Singapore, a [...]

Impiana to invest RM200m in new Malaysian, Thai hotels

Hotelier Impiana Hotels & Resorts will invest some RM200 million over the next three years for new hotels in Malaysia and Thailand.
The hotels will be within the Klang Valley, in Tioman, Pahang, and in Phuket, Thailand.
Chairman Datuk Seri Farouk Abdullah, in a recent interview with Business Times, said it is now building 12 luxury private [...]

Berjaya Hotels wants to hive off some foreign assets

Hospitality group Berjaya Hotels & Resorts plans to sell off its properties in Seychelles, Sri Lanka, Singapore and London to concentrate on its more profitable markets in Asia-Pacific.
Chief executive officer Joseph Won said the group wants to sell Berjaya Colombo Hotel and Berjaya Singapore Hotel, exiting entirely from Sri Lanka and Singapore, despite the two [...]

Oman to Invest in Mangalore Based Township Project

A sovereign fund of the Sultanate of Oman is investing roughly Rs 620 crore, or $125 million, in Mangalore-based realty developer Mohtisham’s 300-acre integrated township, sources privy to the development said. The deal is probably the largest fund action in Indian tier-II real estate. Oman Investment Fund, through a Cypress-incorporated entity, is picking up 50% [...]

Oman Fund Picks 50% Stake For Rs 620 Cr In Mangalore Project

Mangalore based real estate developer Mohtisham Complexes has diluted  50% stake in its 300-acre upcoming township Mohtisham Estates for Rs 620 crore, according to a report in Economic Times. Oman Sovereign fund has taken the stake in the project, which is an integrated township to be developed on the Mangalore-Bangalore highway.
The investment would flow into [...]

Twitter Weekly Updates for 2009-09-06

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WestImmo eyes future outside WestLB. Says property credit [...]

Vardhman Developers Ltd announces World’s most affordable Amusement theme park

• Offers seven uniquely designed theme zones to provide world-class entertainment
• Seven wonder of the world
• Bumping Boats
• State of the art Roman Colloseum
• Greek Village
Online PR News – 31-August-2009 – Mumbai, August, 2009: The sun will dawn on the expensive amusement theme park. Vardhman Developers will unveil the world’s most affordable amusement theme park [...]

5 Alternative Ski Property Investment Destinations

The British and Irish make up the largest buyers of overseas property buyers and the markets that they favour are therefore the most popular overseas property destinations. These are primarily sun-soaked beach destinations, owing to the cold British weather, but in recent years the market for ski-property is growing.

Obviously the French and Italian Alps [...]