Month: May 2011

Egypt is at the beginning of a Property Boom according to experts

Egypt is showing clear signs that it’s at the beginning of a real estate cycle that will see significant price increases according to experts. Research conducted by Business Monitor International found that property prices and rents are rising at a considerable pace provoked by strong international demand, a rapidly expanding tourism industry and the country’s… Read more »

Turkey property prices increase by over 6% annually

Turkey’s real estate sector has experienced considerable price increases this year marked by yet another strong month of growth. Turkey’s property prices have now reached an annual growth rate of over 6% for the first 4 months of 2011 according to The Association of Real Estate Investment Companies (GYODER). GYODER’s most recent monthly index showed… Read more »

Dubai Chosen to Host One of The Biggest Disposals of Spanish Bank Assets

Dubai will host one of the largest one day disposals of bank assets ever at the Grosvenor House, Dubai Marina on the 25th May 2011. Bancaja Habitiat, the real-estate arm of one of Spain’s leading banks, will showcase a wide portfolio of investment properties worth over $2 billion. Properties vary from individual residential homes to… Read more »

Turkey property gains further price increases

A spike in popularity has been recorded for property in Turkey according to the most recent statistics. OPP (Overseas Property Professional) magazine have found that property prices in the country have surged by 9% on average with a staggering 100% increase in inspection visits. Industry experts explained to OPP that one major reason for the… Read more »

The largest one-off disposal of Spanish bank assets ever!

Dubai will play host to one of the largest disposals of bank assets next week. The real-estate arm of one of Spain’s largest banks, Bancaja Habitat, will be hosting a one-off investment seminar which will showcase over $2 billion worth of property, land plots, hotels and commercial space. Due to the high levels of demand… Read more »

Finca Cortesin host’s the stars

  Finca Cortesin, one of Spain’s finest Golf courses will play host to the prestigious Volvo World Match Play Championship this weekend. The renowned course will entertain the likes of Lee Westwood, Martin Kaymer, Charl Schwartzel and Paul Casy to name but a few. The spectacular course is located between Marbella and Sotogrande and has… Read more »

Egyptian Property stocks gain for a 5th day

Growing confidence in the Egyptian real-estate sector has lead to a 5th consecutive day of positive trading. While nearly all sectors within the EGX30 have experienced growth, property stocks made the strongest gains. Real-estate stocks as a whole gained 4.15% on Sunday, but individually some big developers recorded growth from 5% to in excess of… Read more »