Month: April 2011

Property Owners Vote For Better Collaboration

I spent several hours at the weekend in the company of over two hundred owners – many of them our customers – of properties in the fantastic Horizon Sky luxury beach resort on the Turkish coast. The owners had come together in London to debate a number of important matters concerning how their development will… Read more »

Dubai 2011: A ‘safe haven’ for investors

Dubai’s recovery looks as though it will happen much more rapidly than originally expected with a surge of people and capital moving there on a daily basis. This has been augmented by the political unrest in countries like Libya and Bahrain which are both still using military force to quell revolt. According to experts from… Read more »

Spain 2011: The beginning of a new property ‘boom’?

The Spanish property market is showing clear signs of improvement and could be at the beginning of a growth curve heading into 2011 according to experts.  Recent figures from the Spanish Ministry of Housing show that Spanish property transactions in 2010 increased by 5.89% compared with 2009. However many industry experts originally attributed the increase… Read more »

Foreign investment in Turkish property increases 40%

A recent report conducted by the Association of Real Estate Investment Companies or GYODER found that Turkey’s real estate sector has exceeded  all expectations, rapidly expanding last year. Not only did transactions increase significantly, but the construction sector expanded by 18%, with applications for construction permits increasing by 35% and overall property supply doubling in… Read more »

Dubai has 50 property transactions a day!

As Dubai’s hotels fill to capacity, airlines add extra flights to cope with increasing demand and the emirate’s population reaches a new milestone, it now seems as though Dubai’s property market is also bouncing back strongly. Industry experts are widely in agreement that the market conditions in Dubai have now stabilised which has been backed… Read more »

Dubai’s tourism and population increase considerably

Dubai seems to have maintained the rapid rate of growth, widely reported in February. The new Q1 results for Dubai show the emirate has gained an additional 31,000 inhabitants in just 3 months. This now means Dubai’s population is 1.938 million however this is only a fraction of the emirate’s daily footfall. The Dubai Statistics… Read more »

‘Build it and they will come’ – Dubai’s tourism rapidly increases

Emirates are adding a third daily non-stop flight to Dubai from Manchester to cater for the high level of demand. Emirates have already filled the additional capacity created by the huge A380 that was introduced last year and need further more planes to cover the service. Qatar Airways and Etihad have both also added an… Read more »

Egypt: Business as usual

Egypt’s stock market re-opened after a 38 day break last week, and after an initial decline, the market saw five consecutive days of growth. Growth was so rapid that the stock exchange’s automatic ‘circuit breakers’ came into play on a number of occasions allowing trading to cool off. The EGX 30 Index jumped its highest… Read more »