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Showing posts from August, 2022

Foreign buyers invest a record-breaking $92 billion in US housing, propelling Miami to the top of the market.

International buyers continue to flock to the United States to buy homes and make real estate investments, according to the National Association of Realtors' 2014 Profile of International Home Buying Activity Report. Favorable exchange rates, affordable home prices, and rising affluence abroad continue to drive international buyers to the United States to buy homes and make real estate investments.  qatar villa Total overseas sales for the period April 2013 to March 2014 were estimated at a record-breaking $92.2 billion, up from $68.2 billion in the previous period. "We live in an international marketplace," said NAR President Steve Brown, "and while all real estate is local, it does not mean that all property buyers are." "Foreign purchasers are drawn to American real estate by what they see as attractive prices, economic stability, and a fantastic opportunity to invest in their future." International purchasers and recent immigrants bought pr...

Since 2012, the number of European property lenders has increased by 47 percent.

  'Alternative' non-bank financial institutions continue to take a larger share of an increasingly diversified mix of active lenders in Europe, according to Cushman & Wakefield's new European Real Estate Lending Update released today, while the drive into 'non-core' markets such as Spain, Portugal, and Italy picked up steam during H1 2014.  apartment for sale in pearl qatar Alternative lenders, which include insurance companies, property businesses, private equity and debt funds, now account for 40% of all European lenders, according to Cushman & Wakefield's Corporate Finance division. (16%) in the first quarter of 2012. During the first half of 2014, Cushman & Wakefield tracked a total of €32.7 billion in real estate lending, including €27.3 billion in origination (new investment lending, new development lending and refinancing) Given the increased risk appetite among lenders, the second half of the year is projected to be just as busy. With...

In the second quarter, European retail property investment increased by 86 percent.

  According to JLL, retail real estate investment in Europe had a great quarter in Q2, with a volume of €9.6 billion, up 86 percent from €5.2 billion in Q2. The €16.4 billion in first-half revenue is 44% higher than the same period last year and 35% more than the five-year average.  villa In Europe's major capitals of London and Paris, the second quarter was marked by significant transactions. The largest acquisition was Land Securities' €805 million (£656 million) purchase of a 30% share in Bluewater, Kent (plus €49 million (£40 million) for full asset management rights and 110 acres of surrounding land, valuing the plan at c€2.7 billion (c£2.2 billion). Meanwhile, in Paris, a group of private investors led by Fonciere Apsys purchased the Beaugrenelle Shopping Center for roughly €700 million. These two deals demonstrate the continued appeal of large, dominant schemes in Europe's megacities, which benefit from solid economic fundamentals, owing in part to global urbaniz...

The REIT Market in Asia Pacific Could Reach $500 Billion.

According to the Asia Pacific Real Estate Association, REITs are nonetheless holding their ground in weakening global real estate markets (APREA).  qatar villa The REIT structure continues to be a core driver of the securitization of real estate holdings in many foreign markets, according to APREA CEO Peter Mitchell, who spoke to the Malaysian National News Agency (BERNAMA). "Because of their transparent and liquid properties, it has proven extremely resilient in the face of the global financial crisis, particularly in Asia," Mitchell added. Mitchell stated, "Asia has the lowest level of securitized real estate in the world." "Only around 4% of investment grade real estate in Asia is owned under REIT-type structures, according to estimates." Taking that last point further, assuming a final level of securitization of investment grade real estate of 25%, the market may rise to far over $500 billion in the United States. "Since the crisis, REITs ...

In Japan, buying cheap land for water rights is become a big deal.

China is currently leading the pack of foreign investors drawn to Japan's low-cost land supply. For the past two decades, Japan's real estate values have been falling. Now, investors are seeing a market opportunity in purchasing forest acreage with water rights at low costs. Because of Japan's permissive land-buying regulations and insufficient land registry, they see a market niche.  apartment for sale in pearl qatar Some parts of isolated woodland in Japan can be purchased for 60 US cents a square meter (10.76 square feet) including groundwater, according to Japanese government sources and numerous media accounts. Japan is the only country in the Asia-Pacific area that does not have any restrictions on foreigners investing in real estate. According to a UN assessment released in August, Japan, which has a falling population, is in the top 10% of countries in terms of water resources, whereas China and India, which have the opposite demographic trend, would suffer wate...

China's burgeoning wealth accepts a new leader.

Hu Jintao, China's Communist Party's general secretary for the past ten years, is set to stand down this week and pass over control of the country to his handpicked successor, Xi Jinping.  villa The ceremonial changing of China's guard began last week when China's 18th Party Congress assembled in Beijing to say their adored leader farewell. This once-every-five-year gathering of Communist intellectuals was eagerly observed by 1.3 billion Chinese - and, of course, the rest of the globe. China's expanding high net worth individuals are perhaps more interested in the larger implications of Hu's party message than anybody else (HNWI). And the luxury goods and service providers who cater to this burgeoning new affluent consumer. Hu offered himself a laud eulogy last Thursday during a hefty 100-minute lecture to his fellow partygoers, which also served as a roadmap for Xi's period in government. This formal paper acknowledged nearly every type of change swee...