Month: January 2014

Jones Lang LaSalle: Dubai is world’s third most dynamic city

Jones Lang LaSalle: Dubai is world’s third most dynamic city

Dubai is named the third most dynamic city in the world after San Francisco and London, which could attract more foreign property investment to the emirate. Summary Dubai ranked third in Jones Lang LaSalle’s list of most vibrant cities in the world Its ranking has been attributed to its flourishing property market and steady GDP… Read more »

Dubai’s $800 million tram network has entered testing phase

Dubai’s $800 million tram network has entered testing phase

Dubai’s $800 million tram network is on track for a November launch as it entered the first stage of testing on Sunday. Summary Dubai’s tram network entered testing phase on Sunday (January 26th 2014) The $800 million project will connect thousands of residents who do not currently have access to public transport near their homes… Read more »

Landlords urged to set aside contingency funds to avoid repossession

New research revealing that UK landlords are failing to budget for a contingency fund could see fully managed buy-to-let schemes rise in popularity. A substantial rise in landlord repossessions suggests UK landlords are failing to factor the costs of a contingency fund into their buy-to-let investments. The number of landlord repossessions has been rising year-on-year… Read more »

Dubai experiences economic growth of 4.9% in 2013

Dubai experiences economic growth of 4.9% in 2013

Economic growth in Dubai exceeded expectations at 4.9% during 2013, while GDP inched up by 0.5%. Summary Economic growth in Dubai stood at 4.9% in 2013 Dubai’s GDP up 0.5% during last year Growth significantly higher than forecasts opens door for further investment Dubai’s economy grew by around 4.9% in 2013 and it is expected… Read more »

Growing demand for high quality accommodation among Sheffield students

A blueprint has been drawn up to meet the growing demand for high quality accommodation among the 50,000-strong student population in Sheffield. An accommodation services manager at a Sheffield university has spoken of the growing demand for high quality accommodation among the city’s 50,000-strong student population. Karen Burke, Sheffield Hallam University accommodation services manager, said… Read more »

Global investors eye Bristol as demand for student accommodation rises steeply

A report by Jones Lang LaSalle reveals that global investors are looking to Bristol as demand rises steeply for student accommodation and offices in the city centre. Real estate services firm Jones Lang LaSalle has estimated that another 3,000 student beds will be created in Bristol in 2014 and 2015 following an influx of students…. Read more »

New property show reflects confidence in Dubai’s real estate market

New property show reflects confidence in Dubai’s real estate market

A brand new three-day property show taking place in Dubai in February reflects high levels of confidence in the emirate’s property market. Summary New consumer property show to take place in Dubai next month Designed to provide visitors with information to rent or buy a property Launch reflects confidence in Dubai’s property market  A new… Read more »

73% of tenants believe rent offers good value

More than seven in ten tenants believed their rates of rent offered value for money in a survey by the National Landlords Association. More than seven in ten tenants believe the rent they pay offers good value for money, according to research from the National Landlords Association. Only 3% rated their rent as very poor… Read more »