Month: March 2016

Manchester named No. 1 city in England for hotel investment

Manchester named No. 1 city in England for hotel investment

With hotel occupancy rates higher than the national average, Manchester has been named as a hot spot for hotel investment in the UK. Summary: Manchester has been named as the city with the greatest potential for hotel investment in the country International investment into the hotel and leisure sector within the region has increased The… Read more »

UK property demand at 12-year high

shutterstock_378908884 (1) An influx in buy-to-let investors trying to purchase property before the new stamp duty deadline has seen demand hit its highest level since 2004. Summary: An increased number of buy-to-let investors are trying to push sales through before the stamp duty Friday deadline Demand reached a 12-year high in February, with first time buyer sales... Read more »

Direct San Francisco flights to drive Manchester’s economy?

Direct San Francisco flights to drive Manchester's economy? A new direct flight route from the north-west city to San Francisco has been announced, welcomed as "huge news for start-ups" by Manchester business leaders. Summary: From 2017 air passengers will be able to travel direct from Manchester to San Francisco with Virgin Atlantic Business leaders in the city have hailed the new link between... Read more »

Major Chinese cities to be hit with big property curbs?

Major Chinese cities to be hit with big property curbs?

As Shanghai and Shenzhen announce new property purchasing restrictions, Chinese stocks suffer falls with fears other cities will follow suit. Summary: China’s biggest stock market lost 0.7% on Monday amid fears the country’s largest cities are about to be hit with new property financing curbs Shenzhen has recently introduced measures which require some buyers to… Read more »

UK apartments ‘earn’ £1000 per month

UK apartments earn £1000 per month

Popularity of apartments in the UK has seen the average price grow by £1,000 per month since 2008, the strongest price growth of any property type in the nation. Summary: The average cost of an apartment in the UK has increased by £1,000 every month since the end of 2008 Flats and apartments have experienced… Read more »

Investing in Dubai: is Dubailand a hidden gem?

Investing in Dubai: is Dubailand a hidden gem? Welcome to the fourth in a 7-part series on the investment opportunities found in Dubai. In each part of the series we will focus on a separate area of the emirate, highlighting the potential and attractive qualities that attract investors, tourists and expats. The fourth area in our series is Dubailand, an area predominantly known for... Read more »

UK rental costs set to rise in 2016

UK rental costs set to rise in 2016 With demand for property across the nation continuing to outpace supply, letting agents believe that rental costs will increase throughout the year. Summary: Some 52% of letting agents in the UK believe rental costs will increase during 2016 Demand for rental properties grew to almost 40 per letting agent branch in February Many amateur landlords... Read more »

Dubai real estate: Is demand now outstripping supply?

Dubai real estate: Is demand now outstripping supply?

Emirati developers are reporting a fall in the number of properties for sale at a time when Dubai needs 75,000 new units annually to keep up with demand. Summary: The number of properties for sale in Dubai is beginning to fall below the level needed to meet demand from buyers The emirate’s population is growing… Read more »