Archive for March, 2009

Savers turn to new property as UK rates slump

Falling interest rates could reignite interest in UK investment property as savers look to get more from their money, according to a leading consultant. Knight Frank said a residential development, The Waterside, Royal Worcester, was an example of property seeing a resurgence in buy to let investment.

New resort scheme provides lift for Dominican Republic real estate

The real estate market of a Caribbean island could be in for a lift after an international resort firm announced plans for a double resort property project.

Shopping centre could boost investment in Spanish property scheme

A new Spanish property development could see its investment potential rise considerably after approval was granted for a nearby shopping centre. Titan Properties said the town house development of Hoyo 14, Costa de la Luz, was set for a welcome boost thanks to the planned commercial centre.

Developers insist UAE real estate plan unaffected by downturn

A flagship UAE real estate project should be finished on time despite “challenges” caused by global economic upheaval, developers have said. Sweet Homes delivered a progress report on the AED 3 billion ($817 million) Ajman Uptown scheme, saying construction was in full swing.