Month: February 2014

Over-30s account for almost 60% of those living in rented accommodation

The average age of tenants is increasing as new figures show that over-30s account for almost 60% of the rental market. The number of people over 30 living in rented accommodation has increased by 5.8% since January last year, with this age group now accounting for 59.3% of tenants. This is according to Countrywide Residential… Read more »

Manchester to be represented at MIPIM by record 59 organisations

Manchester is to be represented at MIPIM in Cannes next month by a record 59 partners, giving the city a strong chance of securing international investment. Manchester will be represented at the world’s leading real estate event MIPIM next month by the largest number of partners to date. MIPIM is the globe’s leading real estate… Read more »

Commercial property transactions reach six-year high

Commercial property transactions reach six-year high

Commercial property transactions reached a six-year high in 2013, with the figure of £44.7bn marking an increase of 31% on the previous year. Summary Commercial property spending reached six-year high in 2013 Total spend of £44.7bn, 31% higher than in 2012 Foreign investors spent £20bn, £14.2bn of which was in London Commercial UK property transactions… Read more »

Investment in UK student housing sector surpasses the £2 billion mark in 2013

Overseas buyers accounted for over half of the £2.1 billion investment ploughed into the UK’s student housing sector in 2013. Investment in UK student accommodation reached £2.1 billion during the course of 2013, as the sector continues to rise in popularity. Overseas buyers accounted for over half (52%) of the total investment, marking a significant… Read more »

Is an underwater tourism site on the cards for Dubai?

Is underwater tourism site on the cards for Dubai?

An instant tourism revenue boost could be in the pipeline for Dubai as discussions about revolutionary underwater tourist sites get underway. Revolutionary underwater tourist sites designed to capitalise on the $3 billion dive and tourism market could be on the cards for Dubai and the rest of the UAE. Los Angeles-based Dynamic Reef developer, Reef… Read more »

Investors look to the North as property market offers “more stability”

Investors look to the North as property market offers “more stability”

Lower average house prices, a stable property market and increased interested from investors – is the north of England on the right side of the divide? Investors are looking to the north of England as a stable property market and a flurry of private sector activity provide the potential for substantial profits. Following a recent… Read more »

Dubai train network to expand for World Expo 2020

Dubai train network to expand for World Expo 2020

The Dubai Metro is to see expansion on both the Red and Green lines ahead of Dubai hosting the World Expo in 2020, with 21 new stations planned. Summary: 21 new stations to be added to Dubai Metro All work to be completed by World Expo launch World’s largest driverless rail network to be 110km… Read more »