Posts

Showing posts from February, 2023

EMEA hotel investment is driven by Middle Eastern capital.

  The first half of 2013 saw a 38 percent rise in hotel investment volumes in Europe, the Middle East, and Africa compared to the same period last year, owing primarily to a significant increase in Middle Eastern capital . real estate in qatar According to the most recent data from Jones Lang LaSalle, overall hotel investment volume in EMEA was €5.5 billion in the first half of the year, with the majority of it occurring in the first quarter. The amount of money invested in the area by Middle Eastern investors nearly tripled from €745 million in the first half of 2012 to €2.1 billion in the first half of 2013. According to JLL, investment volumes continued to be dominated by wealth funds from Qatar and Abu Dhabi, with an emphasis on core European markets. The most active market was the United Kingdom, which reported €2.3 billion in transaction volumes, accounting for 41% of total EMEA volumes. France came in second with €1.3 billion, accounting for 23% of the total, and ...

Hotel transactions in EMEA increased by 17% in 2013.

  In 2013, hotel transaction volumes in Europe, the Middle East, and Africa rose by 17% to $13.2 billion, with the core markets of the United Kingdom, France, and Germany leading the way. Hotel transactions are projected to increase by more than 20% to $16 billion in 2014, according to JLL's Hotel Investment Outlook survey.  real estate agents in qatar "While some markets are at various stages of recovery, underlying sentiment is much more optimistic, leading to increased interest in hotel investment," said Jon Hubbard, CEO of Jones Lang LaSalle's Hotel & Hospitality Group in Northern Europe. The firm claims that continued sell-down of over-leveraged assets under lender control, as well as many private equity funds nearing the end of their life-cycle, have aided transactions. In Europe, debt conditions have changed, with more banks lending to the hotel industry. Mr. Hubbard said, "We expect to see increased appetite from institutional investors....

Tokyo is leading the pack of 'underdogs' who are about to see their home prices rise.

  Several cities that many would consider underdogs appear to be on track to outperform the rest of the decade in terms of home price increases.  properties in qatar According to Real Estate Foresight, a Hong Kong-based independent property analysis firm, Tokyo has the highest residential returns prospects in the next five years. Smaller cities like Washington and Frankfurt come in second and third, respectively, with Sydney and Berlin rounding out the top five. While it's rare to see secondary or out-of-favor markets (with the exception of Sydney, which is a perennial favorite) rank so high in terms of property prospects, it's even more shocking to see which cities rank last. According to the company's report, Hong Kong, Singapore, and London would have the worst results over the next five years. Hong Kong is the "city we love to live in," according to Real Estate Foresight founder and former global head of real estate markets at Reuters Robert Ciemniak, ...

Greenland invests $2 billion in the United Kingdom.

  Greenland Holding Group, a Chinese property developer, will invest £1.2 billion ($1.97 billion) in two London construction ventures, marking the first foray into the British market. According to a company statement, the state-owned developer will buy the historic Ram Brewery construction site for £600 million. The Shanghai-based firm intends to construct homes, social housing units, and retail space.  qatar dale In a quote, Greenland chairman Zhang Yuliang said, "London is the world's financial hub and Europe's most international region, with a mature economy." Greenland is buying the 7.75-acre Ram Brewery site from a property firm backed by ARES Capital Management and Delancey Real Estate Asset Management Ltd., according to The Wall Street Journal. The Ram Brewery site is the former home of the original brewery of British pub chain Young & Co's Brewery. The agreement calls for the construction of 661 new homes, including a 36-story tower with 166 unit...

Expansion of the Panama Canal boosts the industrial and logistics markets.

  The $5.3 billion Panama Canal expansion, which will double the canal's capacity, is expected to be completed in 2015. As a result, speculative logistics production has increased as the country's private sector prepares for an expected increase in demand for logistics and warehouse space. In Panama City and Colon, there are currently five industrial/logistics parks (ILPs) and seven free trade zones (FTZs). According to a year-end study from Jones Lang LaSalle, three more ILPs will be completed in the next two years, adding more than 80,000 square meters of additional rooms. The extension of the canal would more than triple the TEU capacity by allowing ships nearly three times the size of the biggest ships that currently pass through the canal to pass through. According to the survey, speculative industrial stock is expected to rise by 40% in the next few years.  propertyfinder The Corredor Sur submarket contains roughly 60% of high-quality industrial stock. In 2014-20...

Westfield Malls will be purchased by Intu for $1.4 billion.

  Intu Properties Plc, the UK's largest shopping mall operator, has paid £867.8 million ($1.4 billion) to Westfield Group for three shopping malls.  qatar seal According to a corporate statement, the retailer will purchase the 230,000-square-foot Sprucefield retail park in Northern Ireland, the 1.3 million-square-foot Westfield Derby, and a 50% stake in the 1.4 million-square-foot Westfield Merry Hill shopping center located 10 miles from Birmingham. Intu, based in London, will fund the deal with £423.8 million in new loan facilities and £500 million in proceeds from a share sale. Intu chief executive David Fischel said in a statement that the transaction "is a rare and lucrative opportunity to acquire two additional prime shopping centers in line with our plan to concentrate on the United Kingdom's largest and most profitable destinations." Investors are becoming more interested in commercial real estate in the United Kingdom. According to data from Investmen...

Hotel transactions in EMEA increased by 17% in 2013.

  xIn 2013, hotel transaction volumes in Europe, the Middle East, and Africa rose by 17% to $13.2 billion, with the core markets of the United Kingdom, France, and Germany leading the way.  studio qatar Hotel transactions are projected to increase by more than 20% to $16 billion in 2014, according to JLL's Hotel Investment Outlook survey. "While some markets are at various stages of recovery, underlying sentiment is much more optimistic, leading to increased interest in hotel investment," said Jon Hubbard, CEO of Jones Lang LaSalle's Hotel & Hospitality Group in Northern Europe. The firm claims that continued sell-down of over-leveraged assets under lender control, as well as many private equity funds nearing the end of their life-cycle, have aided transactions. In Europe, debt conditions have changed, with more banks lending to the hotel industry. Mr. Hubbard said, "We expect to see increased appetite from institutional investors." "They ...

EMEA hotel investment is driven by Middle Eastern capital.

  The first half of 2013 saw a 38 percent rise in hotel investment volumes in Europe, the Middle East, and Africa compared to the same period last year, owing primarily to a significant increase in Middle Eastern capital.  houses for sale According to the most recent data from Jones Lang LaSalle, overall hotel investment volume in EMEA was €5.5 billion in the first half of the year, with the majority of it occurring in the first quarter. The amount of money invested in the area by Middle Eastern investors nearly tripled from €745 million in the first half of 2012 to €2.1 billion in the first half of 2013. According to JLL, investment volumes continued to be dominated by wealth funds from Qatar and Abu Dhabi, with an emphasis on core European markets. The most active market was the United Kingdom, which reported €2.3 billion in transaction volumes, accounting for 41% of total EMEA volumes. France came in second with €1.3 billion, accounting for 23% of the total, and Germa...

Tokyo is leading the pack of 'underdogs' who are about to see their home prices rise.

  Several cities that many would consider underdogs appear to be on track to outperform the rest of the decade in terms of home price increases.  for sale apartments According to Real Estate Foresight, a Hong Kong-based independent property analysis firm, Tokyo has the highest residential returns prospects in the next five years. Smaller cities like Washington and Frankfurt come in second and third, respectively, with Sydney and Berlin rounding out the top five. While it's rare to see secondary or out-of-favor markets (with the exception of Sydney, which is a perennial favorite) rank so high in terms of property prospects, it's even more shocking to see which cities rank last. According to the company's report, Hong Kong, Singapore, and London would have the worst results over the next five years. Hong Kong is the "city we love to live in," according to Real Estate Foresight founder and former global head of real estate markets at Reuters Robert Ciemniak, ...

High-end Properties and Artistic Synergy Mirror Fine Art Market is a marketplace for fine art.

  The desire to buy a trophy home and decorate it with world-class artwork is not recent. Both, if purchased wisely, combine a rewarding lifestyle with a profitable investment. According to new data from Christie's International Real Estate, the symmetry in demand for these two asset classes is so similar that rates for each have increased by more than 20% in the last year. Emerging-market buyers are joining forces with buyers in more mature markets to keep fine art and luxury homes prices high. qatar real estate   Luxury Defined: An Insight into the Luxury Residential Property Market, a study published by Christie's International Real Estate (CIRE) in April 2014, reveals that luxury real estate has a far stronger association with the elite end of the fine art market than it does with the general housing market. Luxury-real-estate-fine-art-and-general-housing-growth-rates-2011-and-2013.jpg "Like luxury real estate, the top end of the fine art market has seen a revi...

For foreign investors, London is at the top of the list.

  According to Reuters, a recent study by the Association of International Investors in Real Estate found that London provides the best potential for foreign real estate investment. Last year's top city, New York, was surpassed by London. According to the survey, San Francisco was the third most popular city for international investors, followed by Houston and Los Angeles.  real estate qatar According to Reuters, the United States continues to be the most "safe and healthy" nation for investment, beating second-place Germany by 50 percentage points, the largest margin since 2006. The United States ranked first in terms of capital appreciation potential. It also topped the list of anticipated real estate transactions in 2014, with nearly half of survey respondents expecting a moderate increase in their U.S. portfolio and 20% expecting a "significant" increase. "Foreign investors' continued and increasing involvement in the U.S. real estate market...

New York remains the most popular destination for property investors.

The Big Apple continues to be the preferred destination for property investors searching the globe for bargains.  qatar property According to Cushman Wakefield's annual report, New York attracted $49.2 billion in property transactions last year, a 39 percent improvement over London's $32.3 billion. New York has been in first place for three years in a row. Los Angeles improved the most among the top 25 cities studied in the study, moving ahead of Tokyo to second position. The top ten cities are San Francisco, Washington, D.C., Hong Kong, Paris, Houston, and Chicago. Top Cities for Investment | WPC News (excluding development) "The top cities continue to be successful across multiple industries," the report says, "while different cities appear to dominate different markets, with London leading the office market, Hong Kong leading retail, L.A. leading industrial, and New York leading multifamily and hospitality." Austin, Milan, Las Vegas, Montreal, and Tampa w...

The value of commercial real estate in the United Kingdom is rising.

  The value of shops, offices, and warehouses in the United Kingdom increased in July as the commercial sector regained trust.  doha house According to the latest report from Investment Property Databank, capital prices for commercial property increased by 0.2 percent, marking three months of growth. Following the Bank of England's announcement that low interest rates will be sustained unless unemployment figures increase, the firm expects continued investor interest in the commercial sector. "Governor Mark Carney's latest announcement about the Bank of England's future monetary policy should continue to inspire investors in and against commercial real estate," according to Phil Tily, executive director and head of UK and Ireland, IPD. "If the United Kingdom fails to reach all of his 'targets,' interest rates and bond yields will stay low, and investors will continue to seek out good value add and income opportunities in the real estate market....

Asia Pacific is leading the world in terms of investment growth.

  Global direct commercial real estate investment rose 10% year over year in the second quarter, owing to a boom in activity in Asia. housing According to Jones Lang LaSalle, direct commercial real estate volumes in Asia Pacific increased 18 percent in the second quarter compared to the same time a year ago. Outbound investments from South Korea and China, on the other hand, have more than doubled in the first half of this year compared to 2012. "As investors seek to diversify their portfolios into prime global cities such as New York and London, we continue to see new capital emerging from Asia Pacific," Alistair Meadows, director, international capital group Asia Pacific, JLL, wrote in the paper. "Investors from China and South Korea have driven this growth in the past six months, especially in the residential and office sectors, and we expect emerging market institutional capital to be a major theme in commercial investment markets for several years to come....

Nobu is selling his Beverly Hills home of many years.

  After almost two decades in the building, celebrity chef Nobu Matsuhisa and his wife Yoko have decided to sell it for $3.599 million.  qatar properties for sale The couple paid $1 million for the house in 1994. However, it appears that after Mr. Matsuhisa's prosperous culinary career, it's time to upgrade. According to Curbed, the couple recently paid $15.63 million for a Bel Air mansion previously owned by the owners of Architectural Digest. The 4,300-square-foot Beverly Hills house, built in 1969, has four bedrooms and four bathrooms on a single level open floor plan. According to the listing, the mostly-white interior has a circular living room overlooking the pool with "views of the canyon, treetops, and community," as well as an oversized fireplace. The house is simple, harkening back to a time before Hollywood mansions were havens for bling and gadgets. The master suite, on the other hand, has two walk-in closets and his and hers bathtubs. The house also h...

The value of commercial real estate in the United Kingdom is rising.

  The value of shops, offices, and warehouses in the United Kingdom increased in July as the commercial sector regained trust.  apartment for sale in qatar According to the latest report from Investment Property Databank, capital prices for commercial property increased by 0.2 percent, marking three months of growth. Following the Bank of England's announcement that low interest rates will be sustained unless unemployment figures increase, the firm expects continued investor interest in the commercial sector. "Governor Mark Carney's latest announcement about the Bank of England's future monetary policy should continue to inspire investors in and against commercial real estate," according to Phil Tily, executive director and head of UK and Ireland, IPD. "If the United Kingdom fails to reach all of his 'targets,' interest rates and bond yields will stay low, and investors will continue to seek out good value add and income opportunities in the rea...

Asia Pacific is leading the world in terms of investment growth.

  Global direct commercial real estate investment rose 10% year over year in the second quarter, owing to a boom in activity in Asia.  buy property in qatar According to Jones Lang LaSalle, direct commercial real estate volumes in Asia Pacific increased 18 percent in the second quarter compared to the same time a year ago. Outbound investments from South Korea and China, on the other hand, have more than doubled in the first half of this year compared to 2012. "As investors seek to diversify their portfolios into prime global cities such as New York and London, we continue to see new capital emerging from Asia Pacific," Alistair Meadows, director, international capital group Asia Pacific, JLL, wrote in the paper. "Investors from China and South Korea have driven this growth in the past six months, especially in the residential and office sectors, and we expect emerging market institutional capital to be a major theme in commercial investment markets for several years...

Nobu is selling his Beverly Hills home of many years.

  After almost two decades in the building, celebrity chef Nobu Matsuhisa and his wife Yoko have decided to sell it for $3.599 million.  Properties for sale in Doha The couple paid $1 million for the house in 1994. However, it appears that after Mr. Matsuhisa's prosperous culinary career, it's time to upgrade. According to Curbed, the couple recently paid $15.63 million for a Bel Air mansion previously owned by the owners of Architectural Digest. The 4,300-square-foot Beverly Hills house, built in 1969, has four bedrooms and four bathrooms on a single level open floor plan. According to the listing, the mostly-white interior has a circular living room overlooking the pool with "views of the canyon, treetops, and community," as well as an oversized fireplace. The house is simple, harkening back to a time before Hollywood mansions were havens for bling and gadgets. The master suite, on the other hand, has two walk-in closets and his and hers bathtubs. The house also...

Hotel transactions in EMEA increased by 17% in 2013.

  In 2013, hotel transaction volumes in Europe, the Middle East, and Africa rose by 17% to $13.2 billion, with the core markets of the United Kingdom, France, and Germany leading the way.  doha property finder Hotel transactions are projected to increase by more than 20% to $16 billion in 2014, according to JLL's Hotel Investment Outlook survey. "While some markets are at various stages of recovery, underlying sentiment is much more optimistic, leading to increased interest in hotel investment," said Jon Hubbard, CEO of Jones Lang LaSalle's Hotel & Hospitality Group in Northern Europe. The firm claims that continued sell-down of over-leveraged assets under lender control, as well as many private equity funds nearing the end of their life-cycle, have aided transactions. In Europe, debt conditions have changed, with more banks lending to the hotel industry. Mr. Hubbard said, "We expect to see increased appetite from institutional investors." ...

Tokyo is leading the pack of 'underdogs' who are about to see their home prices rise.

  Several cities that many would consider underdogs appear to be on track to outperform the rest of the decade in terms of home price increases.  houses According to Real Estate Foresight, a Hong Kong-based independent property analysis firm, Tokyo has the highest residential returns prospects in the next five years. Smaller cities like Washington and Frankfurt come in second and third, respectively, with Sydney and Berlin rounding out the top five. While it's rare to see secondary or out-of-favor markets (with the exception of Sydney, which is a perennial favorite) rank so high in terms of property prospects, it's even more shocking to see which cities rank last. According to the company's report, Hong Kong, Singapore, and London would have the worst results over the next five years. Hong Kong is the "city we love to live in," according to Real Estate Foresight founder and former global head of real estate markets at Reuters Robert Ciemniak, but it appear...