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Showing posts from March, 2023

The Skyline of London Will Rise in the Next Decade.

  According to a new study by Knight Frank, EC Harris, and Barton Willmore on tall residential and mixed-use buildings in London, a new wave of residential towers is expected to re-define London's skyline.  villa qatar The study addresses the unique planning, design, and funding problems that come with building tower schemes, including the increased costs of building 'up,' but also shows that, when constructed to the correct requirements, there can be a strong cost versus value advantage of building higher in some locations across London's predominantly low-rise skyline. The price per square foot in a residential tower in London usually increases by 1.5 percent per floor, excluding penthouse apartments. As penthouses are factored in, the average increases to 2.2 percent. The cost of building 'up' incrementally increases the most in the 25-40 storey range. There are currently 25 projects in London that have one or more residential or mixed-use towers unde...

In a multibillion-dollar deal,

Frankfurt's Patrizia has agreed to buy London's Tamar Capital Group. Patrizia Immobilien AG (FRA: P1Z), headquartered in Frankfurt, will become one of Europe's largest commercial real estate operators as a result of the transaction. Tamar Capital Group, a London-based real estate investment and asset management firm, has agreed to be purchased by the German firm. The purchase price was not revealed in a statement from publicly traded Patrizia, but global real estate analysts believe it would be in the nine-figure range.  buying a house in qatar Patrizia said in a prepared statement that the transaction would add around £560 million ($904 million US) in industrial, office, and retail real estate assets to its portfolio. In January 2013, Tamar, based in London, will become a fully owned subsidiary of the German firm. Financial regulators in the United Kingdom must also accept the contract. Tamar specializes in commercial real estate, with an emphasis on office, reta...

In London, new shared ownership homes are being launched.

Thanks to a recent fractional ownership development named Aspire@E14, first-time buyers looking to live in the heart of London can now own a slice of this great city for a fraction of the real estate prices. The shared ownership homes, which are situated in the Limehouse area between City and Canary Wharf, start at £88,000 for a 40% share (full market price is £220,000). A2Dominion New Homes is marketing the 32 houses.  doha house   Just minutes from Limehouse Basin, the building offers one-, two-, and three-bedroom apartments. "Aspire @ E14 provides high-quality but affordable new homes for first-time buyers in this rapidly-developing area of London," said Tariq Qureshi, A2Dominion's Director of Sales and Marketing (London). "The city has a real vibrancy thanks to excellent infrastructure and heavy inward investment spurred on by the 2012 Olympics, as well as fantastic facilities like the O2 Millennium Dome and the Excel Exhibition Center. With the Thames Gateway pr...

Before you move into a rented house, make sure you follow these Vastu Shastra guidelines.

Although it may be relatively simple for homeowners to make changes or make corrections to their homes to fix Vastu Shastra flaws, tenants may not have the same options. As a result, we'll look at some Vastu factors that tenants should consider before renting a home.  propertyfinder Compliance with Vastu Shastra is now a major factor influencing the decisions of both home buyers and tenants. Since tenants in rented homes are unable to perform any civil work as mandated by Vastu, they may be forced to vacate their homes on a regular basis in order to escape Vastu flaws. We will address Vastu for rental homes in this post, as well as fast tips to correct doshas and make your rental home peaceful so that your family can benefit from its positivity. “One of the most daunting aspects of living in a rented flat or apartment is that you can't make many improvements without the permission of the landlord. People living in such flats would not face any difficulties if they are designed ...

KKR enters the European real estate market.

Kohlberg Kravis Roberts, a private equity company based in the United States, has made its first investment in the European property market, paying £112 million ($174.7 million) for three retail warehouse parks in the United Kingdom.  qatar seal According to the Financial Times, the three centers, known collectively as the Tuscany Portfolio, equal 430,000 square feet in Oxford, Glasgow, and Sunderland, with an initial net yield of 6.5 percent based on the price. "We like the properties because they have a long lease [10 years], which is a positive thing to have in macroeconomic instability," Guillaume Cassou, KKR's European real estate head, told the Financial Times. According to a statement from KKR, the centers are 90 percent complete. The purchase is part of a new wave of private equity operation in the United Kingdom. First-time investors in the United Kingdom have traditionally focused on London. The FT notes that buyers are beginning to shy away from London's of...

Hong Kong is the most expensive office market in the world.

According to CBRE, Hong Kong's central district remains the world's most expensive office market, surpassing London and Beijing.  doha property finder In central Hong Kong, the average annual occupancy cost for office space is US$235.23 per square foot, compared to $222.58 in London's West End and $195.07 in Beijing's Finance Street. Hong Kong had topped CBRE's semi-annual report for the third time in a row. "Hong Kong Central's reputation as a leading global financial center continues to bolster its position as the most expensive office market," according to CBRE. "While financial institutions have become more cost-conscious, with some considering relocating to less expensive space outside the CBD, high-quality and premium space is still in demand, especially by mainland Chinese firms setting up offices in prestigious buildings in Hong Kong (Central)." The other districts in the top five were Beijing's Jianguomen CBD and New Delhi's ...

Dubai's ambitions are fueled by its World Expo bid.

The Bureau of International Expositions (BIE) met last month to assess the validity and readiness of the five city bids for the 2020 World Expo. Due to a lack of government support, Thailand's Ayutthaya was withdrawn, leaving Yekaterinburg (Russia), Izmir (Turkey), Sao Paolo (Brazil), and Dubai (UAE) to woo the 166 BIE representatives before the final closed session vote in late November. With the launch of many new mega projects and the government's collaborative efforts to carry the 2020 Expo to the Middle East for the first time, Dubai's chances seem to have changed significantly over the last six months. The Dubai Metro's $1.4 billion (AED5 billion) Red Line extension to Al Maktoum International Airport in Jebel Ali and the Expo 2020 site is expected to be completed quickly, demonstrating the authorities' commitment to the bid.  real estate qatar Dubai's list of world's largest, tallest, and most audacious superlatives has given the emirate a global repu...

House Prices in India are at an All-Time High, with Affordable Units Getting No Relief.

  According to the latest report from London-based Lloyds TSB International Global Housing Market Review, housing prices in India are the highest in the world. After inflation, prices in a country with a population of 1.21 billion people have risen by 284 percent since 2001. This translates to a 14 percent annual rise.  qatar property According to the Lloyds survey, Russia and South Africa have the second and third highest housing prices, respectively. Prices in Russia have increased by 209% in the last ten years, while they have increased by 161% in South Africa. Shelter prices in Japan, on the other hand, fell by 30% during the time span under consideration. In Germany, they were down 17 percent. According to the survey, prices in the United States have fallen by 2% in the last ten years. The United Kingdom remains among the top 15 performing markets. Over the last decade, housing prices have only increased by 50%. According to the Lloyds survey, prices in India incr...

Global Prime Residential Rents Have Had Their Weakest Gains in Over Two Years.

  According to Knight Frank, a London-based real estate consultancy, much has changed on the global economic stage in the last three months, adversely impacting prime residential rental markets around the world.  qatarsales Greece's debt reduction efforts were in jeopardy in Q4 2011, its southern European neighbors were downgrading already bleak economic estimates, and any tangible signs of a recovery in the United States appeared a long way off. In the last three months of 2011, prime rents in major global cities suffered against this backdrop. With the global economy in shambles at the end of 2011, corporate demand fell as relocation budgets shrank, resulting in lower rental volumes in many markets. This explains why quarterly growth in London, Zurich, and Hong Kong fell from 0.9 percent, 3.3 percent, and 1.8 percent in the third quarter to -0.4 percent, -3.2 percent, and -1.0 percent in the fourth quarter, respectively. Expatriate demand fluctuations are having an eff...

Mori, a Japanese conglomerate, has broken its lull and announced plans to invest $1.2 billion in new real estate.

After a four-year hiatus, Japanese billionaire Akira Mori revealed that his Tokyo-based Mori Trust Co. will begin purchasing properties worth up to 100 billion yen ($1.2 billion) in Tokyo, New York, and London. Mori Trust Co. is the most profitable privately owned construction company in Japan.  buy property in qatar Mori's business will be making its first big investment since the end of Japan's real estate boom in 2008. Mori's announcement comes as the yen rises and local real estate prices rebound. Mori stated that his company's overseas acquisitions will be focused on properties whose values can endure market downturns, and that the company may consider partnering with other investors in major cities like New York and London. "When the market is weak, property in a desirable location is good because it appears to be the last to drop in value," Mori said, referring to properties in New York City. "The cheapest assets are the first to depreciate and the...

Before you move into a rented house, make sure you follow these Vastu Shastra guidelines.

Although it may be relatively simple for homeowners to make changes or make corrections to their homes to fix Vastu Shastra flaws, tenants may not have the same options. As a result, we'll look at some Vastu factors that tenants should consider before renting a home. Compliance with Vastu Shastra is now a major factor influencing the decisions of both home buyers and tenants. Since tenants in rented homes are unable to perform any civil work as mandated by Vastu, they may be forced to vacate their homes on a regular basis in order to escape Vastu flaws. We will address Vastu for rental homes in this post, as well as fast tips to correct doshas and make your rental home peaceful so that your family can benefit from its positivity.  Properties for sale in Doha “One of the most daunting aspects of living in a rented flat or apartment is that you can't make many improvements without the permission of the landlord. People living in such flats would not face any difficulties if they ...

Bombay Castle is the oldest castle in Mumbai and has a long and illustrious history.

The Bombay Castle, located within the INS Angre in south Mumbai, has a sundial dating from the Portuguese era that, although not indicating 12 hours of a single day, does indicate particular periods that were significant to people at the time. Have you heard that Mumbai (formerly Bombay) has its own historical castle? The Bombay Castle, also known as Casa da Orta, is one of the city's most magical monuments. It is one of the oldest defensive fortifications constructed in the region. The current castle was constructed on the site of the former Manor House by the British. Garcia de Orta, a Portuguese nobleman, designed this building. Between 1554 and 1570, he leased Bombay Island from King of Portugal.  apartments Bombay Castle in South Mumbai: Interesting Facts It's almost impossible to estimate the monument's worth! It is absolutely priceless and sits on prime Mumbai real estate. Blue Kurla stone and red laterite stone from the southern Konkan area were used to build the ca...

Dubai's ambitions are fueled by its World Expo bid.

The Bureau of International Expositions (BIE) met last month to assess the validity and readiness of the five city bids for the 2020 World Expo. Due to a lack of government support, Thailand's Ayutthaya was withdrawn, leaving Yekaterinburg (Russia), Izmir (Turkey), Sao Paolo (Brazil), and Dubai (UAE) to woo the 166 BIE representatives before the final closed session vote in late November.  buy apartment qatar With the launch of many new mega projects and the government's collaborative efforts to carry the 2020 Expo to the Middle East for the first time, Dubai's chances seem to have changed significantly over the last six months. The Dubai Metro's $1.4 billion (AED5 billion) Red Line extension to Al Maktoum International Airport in Jebel Ali and the Expo 2020 site is expected to be completed quickly, demonstrating the authorities' commitment to the bid. Dubai's list of world's largest, tallest, and most audacious superlatives has given the emirate a global re...

House Prices in India are at an All-Time High, with Affordable Units Getting No Relief.

  According to the latest report from London-based Lloyds TSB International Global Housing Market Review, housing prices in India are the highest in the world. After inflation, prices in a country with a population of 1.21 billion people have risen by 284 percent since 2001. This translates to a 14 percent annual rise.  buy house in qatar According to the Lloyds survey, Russia and South Africa have the second and third highest housing prices, respectively. Prices in Russia have increased by 209% in the last ten years, while they have increased by 161% in South Africa. Shelter prices in Japan, on the other hand, fell by 30% during the time span under consideration. In Germany, they were down 17 percent. According to the survey, prices in the United States have fallen by 2% in the last ten years. The United Kingdom remains among the top 15 performing markets. Over the last decade, housing prices have only increased by 50%. According to the Lloyds survey, prices in India ...

Global Prime Residential Rents Have Had Their Weakest Gains in Over Two Years.

  According to Knight Frank, a London-based real estate consultancy, much has changed on the global economic stage in the last three months, adversely impacting prime residential rental markets around the world.  flats for sale in qatar Greece's debt reduction efforts were in jeopardy in Q4 2011, its southern European neighbors were downgrading already bleak economic estimates, and any tangible signs of a recovery in the United States appeared a long way off. In the last three months of 2011, prime rents in major global cities suffered against this backdrop. With the global economy in shambles at the end of 2011, corporate demand fell as relocation budgets shrank, resulting in lower rental volumes in many markets. This explains why quarterly growth in London, Zurich, and Hong Kong fell from 0.9 percent, 3.3 percent, and 1.8 percent in the third quarter to -0.4 percent, -3.2 percent, and -1.0 percent in the fourth quarter, respectively. Expatriate demand fluctuations are ...