Overseas Property Investment

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

This one is bound to have sent a few shivers down the overseas property industry’s spine. South African President Jacob Zuma is thought to be coming nearer to banning foreign ownership of land in the country. However, the ban may not be as alarming as the headlines read. “Land reform will now be based on [...]

JOHOR BARU: Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim says attracting new investments to Iskandar Malaysia is going to get tougher and more challenging. He said although the country’s first economic growth corridor was making significant progress and moving in the right direction, albeit uncertainties in the global economy, Iskandar could not [...]

UEM Land Holdings Bhd, the country’s largest property developer by market value, plans to take control of rival Sunrise Bhd in a RM1.4 billion deal as it aims to be one of the biggest players in the region. “That’s our vision, to have our own version of CapitaLand,” said UEM Land managing director and chief [...]

The price of homes in South Africa is rebounding nicely since the housing bubble burst in 2008, though the growth rate is slower than a year ago. Complex social, governmental and economic factors are at work that are both helping and hindering economic growth. See the following article from Global Property…

Emerging markets are by far the best place in the world for expats to live according to the latest HSBC Expat Economics report for 2010, which compares expats’ wealth. The report compares the number of expats earning over $200,000 per year, the number with disposable income of more than $3000 per month, the number who [...]

An Austrian developer is to become the first to build on the famous come infamous Dubai World Islands — an archipelago of islands loosely matched to a map of the world; loosely in that the islands are in roughly the same place as the corresponding country on the map, but the islands are not shaped [...]

Mumbai Mumbai finds no mention in the list of places where the Maharashtra Housing and Area Development Authority (Mhada) wants to buy land for ‘affordable housing’. The advertisement issued by Mhada in Marathi newspapers on August 15 seeks to buy land from the open market in urban areas under the jurisdiction of its regional boards [...]

June 18, 2010 Acron Group, a Mumbai-based real estate company, has launched a nationwide chain of residential communities, Vivara Residences, for senior citizens. The company has set up Acron Senior Living as part of the diversified Acron Group, which is into property development, hospitality, infrastructure projects and retail. “We are developing a state-of-the-art society for [...]

PROPERTY and construction firm Mitrajaya Holdings Bhd, which posted record revenue and profit last year, expects to maintain or perform better in the current financial year ending December 31 2010. This would be driven equally by the group’s ongoing property and construction projects, managing director Foo Chek Lee said. “To date, the group’s combined order [...]

New Delhi-based retail player V-Mart has announced plans to open 8 to 9 hypermarkets this year as it resumes expansion after a one-and-half year slowdown-induced hiatus. The company also said it is looking to focus more on sportsware retailing in the run-up to the Soccer World Cup in South Africa and the Delhi Commonwealth Games [...]