May Hunter

  In 2017, the most 'liquid' markets in the world were New York, London, and Dallas. According to CBRE, the world's top commercial real estate investment markets are Tokyo, New York, and Los Angeles, with a total stock of investable commercial real estate assets of $27.5 trillion.  villas in Doha For 122 cities throughout the world, CBRE looked at the relationship between market size and capital flows into real estate. According to the findings, there is a strong link between the size of a city's real estate stock and the amount of money invested in that city. Findings from throughout the world: Tokyo has the largest single market in the world, with $711 billion in investable real estate, followed by New York ($657 billion) and Los Angeles ($482 billion). The two largest European markets are Paris ($342 billion) and London ($334 billion). The top ten cities accounted for over $4.0 trillion in global investable real estate stock, or around 15% of the total. ...

  Major urban office markets around the world are seeing a considerable increase in the adoption of "green" building certification schemes, according to the inaugural International Green Building Adoption Index (IGBAI), a study by CBRE and Maastricht University (Netherlands). According to the survey, 18.6% of space in ten markets throughout Australia, Canada, and Europe is now certified "green," compared to only 6.4 percent in 2007.  Properties in Qatar for sale Canadian cities are leading the way, with 51.6 percent of area in Vancouver and 51.0 percent in Toronto certified as "green." This is especially noteworthy in Vancouver, which has a formal goal and action plan - "Greenest City 2020" - to become the world's greenest city by 2020. Green building trends will continue to drive both new development and refurbishment of office product in Vancouver and Toronto. More than half of the 1.5 million square feet of product under construction in ...

  According to global hotel consultancy HVS, hotels in Paris have seen a turnaround in Q2 2019 following a tough start to the year.  pearl apartments In 2018 hotels in the city had a 10.6 percent growth in RevPAR [rooms revenue per available room] year-on-year, but visitor numbers took a dip at the close of the year and the start of 2019 with the unrest produced by the 'gilets jaunes' movement. Visitation and bed nights from the Middle East, Asia and South America declined in the first quarter of 2019 contributing to fairly flat RevPAR increase in the year to far. However, recent months have seen some revival in Paris, in part due to people flocking into the city for the Women's Football World Cup and the Paris Air Show as well as the return to relative peace. "Paris has an incredibly well-balanced combination of business and leisure demand which, alongside London, had made it one of the most coveted places for hotel investment for over a decade," remarked r...

  Costa Rica achieved the top rank for U.S. expats to retire in 2018, according to a new Global Retirement Index published by International Living Magazine. The top 5 regions in Costa Rica to live and retire in the land of Pura Vida are identified and reported below by International Living:  properties qatar   The Central Valley is a region in the United States. For decades, expats have been flocking to Costa Rica's Central Valley. It's easy to see why, given its spring-like climate, central location, and ready-made expat community. Costa Rica's Central Valley is recognized for its consistently cool weather: The Valley's altitude of 3,000 to 5,000 feet allows for year-round temperatures in the 70s F, making it a climate unlike any other in the world. It's close to the city, San José, and is in the country's middle, surrounded by mountains, making it Costa Rica's most convenient retirement destination. The Central Valley is not the cheapest region...

  Big-name American investors are flocking to South American real estate markets, with Brazil receiving the most interest.  qatar villa According to the International Herald Tribune, The Related Group, Donald Trump, and Sam Zell are among the real estate investors planning to create residential and commercial space in Brazil, Uruguay, and Colombia. This is a significant shift in one of the industry's most popular narratives. South American residents are buying property in high-end locales like Miami and New York, according to media sources. The trend is now reversing, with foreign and local real estate developers seeing South America as a safer bet. South America's population demographics and purchasing power are also improving. "Someone from the interior of Brazil, who would have bought a home in Paris or New York in the past, will now buy it in Rio," José Conde Caldas, president of the Rio de Janeiro Association of Directors of Real Estate Companies, told th...

  According to fresh data, asking rentals for offices in Caracas, Venezuela have risen by 80 percent in the first half of the year compared to the same period last year. According to Jones Lang LaSalle data, average rates for Class A office space in Caracas reached $150 per square meter by mid-year, compared to an average of $20 to $35 per square meter in most other Latin American cities. The increase was largely attributable to currency depreciation.  apartment for sale in pearl qatar High rents in Caracas, quoted at the official rate, which is paid by any company doing business outside of Venezuela, are prompting businesses to explore for alternatives, according to Scott A. Figler, a consultant with Jones Lang LaSalle Latin America. Mr. Figler explained, "Many companies are looking to buy their office to hedge against inflation and future devaluations, as currency limitations make it harder to move capital out of the country." "Rather than letting their money dec...

  Foreign buyer activity will be slowed in 2019 due to a worsening global economic outlook and political turmoil.  qatar properties for sale A strong U.S. dollar and a worsening global economic outlook outside of the United States slowed international home sales in South Florida in 2019, according to the latest Profile of International Home Buyers of the Miami Association of Realtors (MIAMI) conducted by MIAMI and the National Association of Realtors, but domestic buyers stepped in as total Miami residential sales and prices increased year-over-year. Despite the drop, foreign purchasing activity remained significant, especially when compared to the rest of Florida and the country. In 2019, foreign homebuyers spent $6.9 billion on residential homes in South Florida, down 21% from $8.7 billion in 2018. Because the Miami Mega Region is the No. 1 U.S. destination for international shoppers and is home to a diverse group of international purchasers, the global market in Miami d...

  Coronavirus will have a significant impact on the global commercial investment industry in 2020.  buy property in qatar for expats According to a new analysis from CBRE, considerably lower commercial real estate investment volumes in the second quarter of 2020 reflect the effects of the COVID-19 crisis lockdown measures and border controls. The amount of global investment plummeted by 57% year on year to $109 billion, the lowest quarterly sum since 2010. The Americas region was the hardest hit, with a 70% drop year over year due to fewer large portfolio transactions and the absence of entity-level transactions. Investor sentiment was impacted by uncertainties and restrictions in EMEA and APAC, which saw total volume decrease by 38 percent and 46 percent, respectively. The strength of the first quarter resulted in a 21 percent drop in H1 2020 investment volume. As countries reopen their economy and corporate activity restarts, Q2 may have reached the low point. Beginnin...

  Hotel performance in Hong Kong is solid, according to STR Global. The year-to-September 2011 revenue per available room (RevPAR) growth rate was well into the double digits, at 28 percent. The increase is mostly due to significant increases in average daily rate (ADR) as well as high occupancy growth.  buying property in qatar for expats Both Hong Kong Island (26.1 percent) and Kowloon (26.1 percent) recorded substantial RevPAR increases inside Hong Kong (29.5 percent). However, though occupancies on Hong Kong Island are slightly lower (82%) than in Kowloon (82.6%), they have expanded substantially quicker (4.5%) than in Kowloon (1.4%). In contrast, ADR in Kowloon is smaller (HK$1,705.74) than on Hong Kong Island (HK$1,930.94), but it has grown quicker (27.7% vs. 20.7%). The difference in ADR between Hong Kong Island and Kowloon reflects the former's higher concentration on business and luxury passengers, while the latter's focus is primarily on leisure passengers in mid-t...

  Leave it to the Chinese to keep coming up with innovative ways to make money. doha property finder The most recent example is Saudi Arabia, which, according to several Chinese media sources, aims to start a $100 billion infrastructure project by 2016. According to the China Daily, much of the construction material required by Saudi developers will most likely come from China. According to Saudi economist Jamal Banoon of Al Arabiya.net, cheaper Chinese materials will significantly help the construction boom in Jeddah. "In the Saudi market, China's building material businesses will assist those with modest incomes in building their homes on less cost budgets," Banoon added. "If enterprises began to rely on Chinese building materials for future projects, they would also add to the entire market value of real estate in the Gulf region," says the report. China's corporate and government representatives are anticipated to promote the country's buil...

  Low global interest rates and ongoing risk are luring investors to commercial property markets in core global cities, according to Cushman & Wakefield's annual Winning in Growth Cities report, which was released today at the EXPO REAL trade fair in Munich. New York attracted the most investment last year.  houses In fact, the top 25 global cities have reinforced their position in the last year, raising their market share to 56% from 46% in 2009. While investors will continue to favor this majority group because of their risk-averse tendencies, the survey predicts that they will face greater competition from a variety of different cities in the future. The following are some of the highlights from Cushman & Wakefield's report: For the second year in a row, New York is the world's largest investment market, with volumes up 18.9% to US$34.7 billion in the year to Q2 2012. London came in second with a 3.8 percent increase in investment volumes to US$ 29.3 bill...

  Strong economic growth in emerging nations is driving law firm office expansions across the Asia Pacific and Africa regions, according to Jones Lang LaSalle's Global Law Firm Perspectives 2012.  qatar property finder "Law firm real estate trends strikingly highlight present global economic divisions," according to Tom Carroll, Jones Lang LaSalle's Director of Corporate Research. "A tenant favorable market will persist in North America and much of Europe for quite some time, while corporations focus their sights on high-growth emerging markets in Asia and Africa." The following major global legal industry real estate trends are revealed in the JLL report: A Economic cross-pollination as a means of regaining growth - As emerging market expansion returns to the agenda, larger multi-national corporations are breaking their years of restraint. Firms situated in developed markets such as the United States and Western Europe, which seek to be geographically...

  Greenland Holding Group has revealed plans to buy a 60 percent interest in luxury property developer SPG Land Holdings, a move that might usher in a new age of Chinese property consolidation.  qatar sales According to the Wall Street Journal, the sale would be the "largest-ever acquisition of a controlling stake in a Hong Kong-listed Chinese real estate developer by value." The headline in the Journal read, "Consolidation in China's Property Sector Appears to Be Underway." Greenland, a state-owned company based in Shanghai, said in a filing that the investment "would boost the group's financial situation, increase the group's profile in Hong Kong and China, and allow the group to benefit from Greenland's strong support and resources." In an endeavor to offload underperforming enterprises, SPG will sell a 50% stake in Peninsula Shanghai to its chairman Wang Weixian for $175 million. According to Moody's Investor Service, this ass...

  After regulators expressed concerns about the program, Cheung Kong Holding, the development business controlled by billionaire Li Ka-Shing, is repaying deposits to customers in a Hong Kong hotel project.  al aaliya island According to Bloomberg, all 360 hotel rooms in the Apex Horizon project were sold in February for a total of HK$1.4 billion ($180 million). However, the Securities and Futures Commission was looking into whether the transactions were an improper "collective investment scheme," according to a statement released by the developer to Hong Kong's stock exchange yesterday. According to reports, buyers in the hotel project were spared from recently implemented restrictions on residential property acquisitions, including a 15% tax on foreign buyers. Cheung Kong responded in an emailed reply to Bloomberg that "we do not concur" with the SFC. The decision was made "because the difference in legal opinions may result in legal confusion in res...

  Boris Johnson, the mayor of London, today approved a £1 billion contract with a Chinese developer to build the city's next financial zone.  qatar sale The mayor's office said today that Advanced Business Park, in its first project outside of China, will build a 3.5 million-square-foot office complex at the Royal Docks site in east London. "East London's rivers have been the pulsing arteries of UK trade and commerce for generations. This agreement represents the return of that glorious era "In a statement, Mr. Johnson remarked. The project at Royal Albert Dock has yet to find tenants, but ABP is targeting Chinese banks wanting to grow into London's international market. ABP would sell leases of up to 175 years on nearly half of the project, rather than renting out space, in a new approach for London's business market. "There will be U.K. and European enterprises drawn by the notion as well, either to supply services to Asian corporations or t...

Marco Polo Hotels has devised an aggressive expansion plan in China, despite hurdles such as China's slowing development and anti-corruption campaign.  villas in Doha The corporation will soon introduce a new hotel brand that will elevate the chain from a four-star to a five-star status. It's a risky move at a time when most high-end hotel chains are expanding in the country. Instead of Shanghai and Beijing, the company will concentrate its efforts in China on second-tier, smaller locations that it believes are neglected by the rising business and domestic travel crowd. Marco Polo Hotels' president, Eric Waldburger, states, "We are [a] Chinese firm, we are a local firm." "This is where we call home." The company's portfolio will double in the next five years as a result of the expansion. The Wharf (Holdings) Ltd., one of Hong Kong's largest landlords and developers, employs Marco Polo to manage its hotels. Five of the new hotels will be p...

  GLP and the Goodman Group, Asia's two most active warehouse developers and operators, have received a multi-billion dollar infusion of financing this week. The efforts come as supporters, including some of the world's largest sovereign wealth funds, believe that increased demand for logistics facilities will result from China's economic growth and Japan's recovery. Properties in Qatar for sale GLP, or Global Logistic Properties, is a Singapore-based developer supported by Singapore government funds. It reported that a group of Chinese finance companies had invested $2.5 billion in the company. The partnership includes the Bank of China, the private equity firm Hopu, and an unnamed significant insurance company. Their investment comes at a time when China's middle class is expanding and increasing discretionary spending in the world's second-largest economy. Despite a slower rate of growth, China's GDP is forecast to grow by 7.2 percent this year. ...

  One of China's leading property developers, China Vanke Co., declared a 21% increase in annual earnings, citing increased sales of small and medium-sized homes.  pearl apartments The mainland developer's net income increased to 15.12 billion yuan ($2.5 billion) in 2012, up from 12.55 billion yuan the previous year. The Shenzhen-based corporation reported a 32 percent growth in revenue to 127.5 billion yuan. Due to government property limits implemented last year, earnings increased more than economists expected. Higher sales of small and medium-sized businesses, which are less affected by curbs, enable the company to profit, according to the company. Around 91.5 percent of the company's initiatives last year were residences under 144 square meters. "By sticking to its end-user-oriented product positioning and vigorous sales promotion, the company achieved sustained growth in operating results," Vanke President Yu Liang said in a statement. Despite govern...