Month: March 2017

World Expo 2020 expected to boost Dubai’s real estate sector

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Dubai world expo 2020 is expected to bring numerous benefits to the emirate, especially within the real estate sector, which is on the brink of resurgence.   Summary The expo is the third largest global event of its kind. Dubai’s economy is expected to be boosted by an extra 17 million international visitors The Federal… Read more »

US Fed hike: Increased investor focus on property safe-haven?

US Fed hike: Increased investor focus on property safe-haven?

A rise in the Fed’s base rate is likely to strengthen the dollar, potentially causing gold prices to drop. So will property become 2017’s go to safe-haven? Summary: The US Federal Reserve is likely to raise its base rate of interest on Wednesday (March 15th) It could mark the first of as many as four… Read more »

Select and GMPVF Sign Terms For Largest Fully Funded PRS Scheme in Manchester

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Select Property Group has today announced it has signed heads of terms on a joint-venture partnership deal with the Greater Manchester Property Venture Fund (GMPVF) to deliver its £247million Affinity Living PRS scheme at Circle Square. The deal was announced at MIPIM and will fund the development of the largest fully funded PRS scheme in… Read more »

London named world’s second most expensive city for renters

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  Both tenants and investors are looking beyond London as the UK’s capital is named the second most expensive city in the world in terms of rental prices. Summary Londoners are spending 45% of their wage on rent The UK capital is ranked as the world’s second most expensive city in which to rent More… Read more »

Article 50 date delayed: Impact on UK property & investment

Article 50 date delayed: Impact on UK property & investment

Government sources say Article 50 trigger date will be delayed until the end of March, as financial markets brace themselves for speculative moves. Summary: UK PM Theresa May is expected to push back the date when she invokes Article 50 until the end of March Downing Street sources announced the delay just hours before Parliament… Read more »

Dubai property: Average of 120% returns since 2008

Dubai property: Average of 120% total returns since 2008

Real estate in the emirate has proven to be one of the strongest investments since the global financial crisis. Summary: New research has found that Dubai property has been one of the best performing investments in the nine years since the global recession Real estate in the UAE city has delivered average yields and capital… Read more »

UK tenants calling for longer tenancies

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A generational shift in attitudes towards home ownership has seen an increase in the numbers of UK tenants calling for longer tenancies. Summary Increasing numbers of UK tenants want longer tenancies Four in 10 tenants now expect to rent the same property for up to 10 years The governments build-to-rent scheme aims to offer the… Read more »