Monthly Archives: June 2008

Property investment top trumps

Posted on June 25, 2008 by OPPE News

photo credit: MACSURAK

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Property investment - 27% think now is the time to buy

Posted on June 25, 2008 by OPPE News

A survey of potential UK property investors has uncovered an opinion split over whether now is a good time to invest in property. The first quarterly Property Tracker poll from the Building Societies Association (BSA) found 51 per cent of … Continue reading →

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'Las Vegas-style' UAE property development scrapped

Posted on June 24, 2008 by OPPE News

A property development billed as a ‘Las Vegas of the Emirates’ has been cancelled, leaving property investors scrambling to get their money back.

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Panel lays down guidelines for eco town developers

Posted on June 24, 2008 by OPPE News

A body set up to scrutinise the plans for new UK eco-towns has laid down a series of points for property developers to follow after some home builders were warned about a “lack of innovation”.

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Donald Trumpets UK property market's recovery

Posted on June 24, 2008 by OPPE News

US property developer Donald Trump has predicted the UK housing market slowdown will not end up as bad as has been seen in America. Mr Trump told The Times the US crisis had been caused by over-building, a problem said … Continue reading →

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Utility shortage threat to UAE property developments

Posted on June 23, 2008 by OPPE News

A lack of power and water could threaten investments in some UAE property developments, it has been claimed. According to Gulf News, a senior federal government official has expressed concerns projects in the northern Emirates could end up without utilities … Continue reading →

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Buyers think UK downturn 'will last 1 to 2 years'

Posted on June 23, 2008 by OPPE News

A poll of UK property buyers has revealed most believe the current downturn will last around one to two years. Research from FindaProperty showed 33 per cent of buyers felt the current slump will last about 12 months while 32 … Continue reading →

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Experts warn of 'unrealistic' UK home ownership expectations

Posted on June 23, 2008 by OPPE News

Instability in the UK housing market could have been caused by unrealistic home ownership expectations, an expert has said. The Chartered Institute of Housing (CIH) said the UK needed to learn lessons from the US sub-prime lending crisis.

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'Safest' US city makes property investors stock rise

Posted on June 20, 2008 by OPPE News

Property investors with interests in one US city suddenly saw the value of their stocks rise this week thanks to statistics from the FBI. The bureau has revealed Irvine, California, is the country’s safest big city for the fourth year … Continue reading →

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First lakeside gated community for Saudi Arabia

Posted on June 20, 2008 by OPPE News

Work has begun on an exclusive gated community in Saudi Arabia which straddles a picturesque lake in Eastern Province. Prince Mohammed Bin Fahad Bin AbdulAziz Al Saud, governor of the area, broke ground on the project, named Al Khobar lakes.

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