Monthly Archives: November 2008

UAE investment property towers surge ahead

A double high rise development in the emirate of Abu Dhabi, UAE, is reporting good progress ahead of a planned 2010 handover date. Sorouh Real Estate said Sun Tower, a 64 storey residential development and investment property project on Al Reem Island, was progressing well.
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Darling’s plans not enough for UK real estate market

A mixed response has greeted a raft of measures announced by the UK government designed in part to help the UK real estate market. Chancellor Alistair Darling unveiled his pre-budget report earlier this week, which included a £20 billion financial injection for the economy. Continue reading

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Waiting list opens for US investment property condo scheme

A waiting list has been opened for a US condominium building featuring 100 investment property opportunities. Developers said the Altessa building in Union City, Hudson County, New Jersey, would boast skyline views of New York city. Continue reading

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Indian officials warn of investment property plots scam

Planning officials in an Indian city are launching a criminal case against a woman who allegedly tried to swipe a site from under the nose of the property owner by using falsified documents.
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US developers devise real estate market package

American developers are taking their case for real estate market aid to the White House with a call for $250 billion in stimulus measures. The Fix Housing First package, backed by a coalition of home builders and construction-related firms, lays down a plan to get US consumers buying property again. Continue reading

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Developer’s UAE property investment island dilemma

photo credit: landhere A UAE developer has taken unusual steps to stop islands in a property investment project from drifting from their original positions.

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Hopes for UK real estate market after pre-budget report

photo credit: SouthbankSteve Britain’s real estate market could get a much-called for boost after the government announced a raft of measures designed to restore buyer confidence.

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Indian developers asked to reduce investment property prices

An Indian developer’s group has called on all its members to lower prices in an effort to re-ignite property investment transactions. The Confederation of Real Estate Developers Associations of India (Credai) released a statement last week encouraging builders to offer discounts. Continue reading

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Cheap new homes for sale in beautiful Montana

A real estate brokerage has revealed six new homes for sale in Montana, US, are to be offered at knock-down prices after they failed to sell at auction. LFC Group said the six townhouse-style condos in Whitefish would be offered on a first-come, first-serve basis to buyers. Continue reading

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UAE agents must work harder to spark real estate market

UAE property agents will have to work harder to attract end users if the region’s real estate market is to pick up, the founder of a new company says. Myles Bush, managing director of estate agents PowerHouse Properties, said only the property firms who provide the best service will succeed. Continue reading

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