Shishir Bankapur

(ENGLAND, LONDON) — Latin America is currently the hottest market for commercial real estate investment in the world. The best places to visit are in the United States, Mexico, and Canada. The Royal Institution of Chartered Surveyors in London issued this assessment in the fourth quarter of 2009. apartments  to buy The following are some of the key findings from the RICS data: In 2009, commercial real estate transactions increased all over the world. The most optimistic markets are in Brazil, Venezuela, Argentina, Peru, and Chile. Canada, Mexico, and the United States have the most pessimistic outlooks. Even after a record low vacancy rate in 2008, tenant demand in Brazil remains strong. Brazil's low interest rates and relatively high yields appeal to investors. In 2009, the deal level in Brazil was lower due to a lack of supply rather than a lack of resources. In many Latin American markets, fractional ownership is favored over outright acquisition of a home. In the second quart

Chilean companies are gradually entering Peru's booming retail market, a development that is expected to continue in the coming years. In line with this pattern, Chilean mall operator Plaza S.A. recently announced the opening of Santa Anita, its fourth mall in Peru, via the entity Mall Aventura Plaza. apartments Santa Anita has 160 shops, a food court, a banking center, a cinema complex, and a medical tower in Lima's El Callao neighborhood. Falabella and Ripley, two significant Chilean retailers, will be the mall's anchors. Mall Aventura Plaza now has more than 200,000 square meters of GLA in Peru, thanks to its three other malls. Cencosud and SMU are two other Chilean retailers with major growth plans in Peru. This cross-border retail expansion is being fueled by a variety of factors. Though Chile was ranked second on A.T. Kearney's Global Retail Development Index of the world's most desirable retail destinations, retail market penetration has increased rapidly,

Although the massive Costanera Center project in Santiago's gleaming financial district has gotten a lot of coverage in the press, the city center of Santiago has quietly become a key real estate market. apartment for According to a market report cited in the Chilean newspaper El Mercurio, the price of new apartments in Santiago Center reached 36.38 UF (approximately US $1,733) per square meter in July 2012, the highest amount since November 2004, when prices were 30.88 UF (approximately US $1,471) per square meter. The number of available units has also decreased substantially, despite price tags reaching a seven-year high. According to reports, there are currently 6,554 residential units available, down nearly 8% from the 7,119 units available only six months ago. Furthermore, monthly unit sales velocity has risen from a nearly 8-year low of under 6% in July 2010 to 12.5 percent in July 2012. Between March and July, there was a notable increase in sales velocity of approximatel

According to a recent study by Wealth-X and Sotheby's International Realty, owner-occupied residential properties hold nearly US$3 trillion in private wealth, which is more than India's GDP. apartments for sale There are 211,275 ultra-high net worth (UHNW) individuals in the world, identified as those with net assets of $30 million or more, and 79 percent of them own two or more homes. New York City, London, and Hong Kong are among the most popular destinations for luxury residential real estate, but niche locations such as Lugano, the Hamptons outside of New York City, and rural areas around the world are also growing in popularity. According to the Wealth-X and Sotheby's International Realty Global Luxury Residential Real Estate Report, the ongoing shift in the wealth creation cycle from the West to the East, as well as the growing importance of intergenerational wealth transfers, would have significant implications on the luxury residential real estate market, with a f

According to the World Tourism Organization, while global international tourism grew by nearly 5% in the first half of 2011, Latin American countries performed exceptionally well, with a 15% rise in tourism in H1 2011. According to the Ministry of Tourism, tourist arrivals in Brazil increased 18.8% year over year in the first half of 2011, reaching 4,351,081 tourists. Apartments for rent in Doha Brazil, considered to be a continent made for discovery, has enthralled travelers for at least 500 years with its powdery white sands, breathtaking natural beauty, and some of the world's most vibrant towns. Indeed, the data collected indicates that tourism is on the rise, with Business Monitor International (BMI) predicting a 21.5 percent increase in tourist arrivals to Brazil between now and 2015, generating about US$9 billion in tourist revenue. Indeed, the hotel and aviation industries in Brazil have a promising future. The national hotel classification system improved in June this ye

Caribbean hotels are continuing their run of double-digit net operating income (NOI) growth, according to the 2015 edition of Trends in the Caribbean Hotel Industry by PKF Consulting, a CBRE Company. The average Caribbean hotel saw a 17.3 percent rise in NOI in 2014, marking the fourth year in a row that NOI has increased by double digits in the Caribbean . Apartments and Flats For Sale in Qatar Revenues and expenses at the hotel The Caribbean hotel industry is made up of a large number of exclusive resort properties in different destinations, which allows for a range of facilities and amenities to be offered. Room sales continue to be the most important source of revenue for Caribbean hotels (57.6% of total revenue in 2014). Room sales increased 7.4% last year at hotels in the Trends survey sample, owing to a 5.1 percent rise in average daily rate (ADR). "Hotels in the Caribbean with an ADR of more than US$300 were able to increase their prices without affecting occupancy in 20

According to real estate consultancy Cluttons, Bahrain's government plans to implement new mandatory lease registration procedures early next month, which will help the market mature. However, planned rent rises at renewal threaten to stifle the residential and commercial markets, which have only recently begun to show signs of increased stability .Sale in Qatar Although the exact mechanism and method for registering tenancy agreements has yet to be announced, the move will help to improve Bahrain's progressive regulatory system, bolstering the Kingdom's business-friendly appeal, which investors find very appealing. "Any move to better control the market would be well received by the investment community," said Faisal Durrani, Cluttons' international research and business growth manager. Of course, there are a range of lessons to be learned from other parts of the country, which we hope the authorities will take into account before finalizing the new regulat

In the near term, an average of $15.0 billion per year would flow out of the Middle East into direct real estate globally, according to CBRE Group, with investors from the region increasingly targeting U.S. markets. sale With $14.0 billion invested outside of the home area in 2014--the third largest source of capital globally—the Middle East remains one of the most significant outlets of cross-regional capital into the global real estate sector. Qatar was by far the largest source of outbound money, with $4.9 billion invested, thanks to its sovereign wealth funds (SWFs). Saudi Arabia has emerged as a major new source of capital in the global economy, spending $2.3 billion in 2014, compared to almost no reported investment in 2013. Because of lower oil prices, the Middle Eastern investor base has grown, resulting in a significant shift in global investment strategies toward greater geographic and sector diversification, with activity spreading through gateway markets to second-tier lo

The first Wyndham Hotel will open in Bahrain. The new Wyndham Grand Collection hotel in Bahrain Bay will be part of a 50-story mixed-use architectural landmark. Bahrain Bay Development B.S.C. is a $2.5 billion waterfront district with lively residential, industrial, and retail communities. rent apartments in qatar The Wyndham Grand Manama will be located in this unique new development and will face the World Trade Centre, only a short distance from Bahrain Financial Harbour, making it well suited to both business and leisure travelers. Following the signing of an agreement with Cooperation Investment House SPC to manage its prestigious hotel property, Wyndham Hotel Group recently announced plans for the first Wyndham Grand property in Bahrain. The Wyndham Grand Manama is currently under construction in Manama and is scheduled to open by the end of next year with more than 260 spacious guest rooms ranging in size from 46 to 120 square meters (approximately 495 to 1,290 square feet). I

Despite localized outbreaks, according to Knight Frank's new Global Property Index, a number of global cities are seeing sales volumes rebound, with April so far looking to be the low point for residential activity.  studio apartments for sale New outbreaks have been recorded in parts of the United States (Southern and Western states), Spain (Catalonia, Galicia), and Melbourne, which has resulted in the city being placed on lockdown once more and the state border between Victoria and New South Wales being closed for the first time in 100 years. Perth has also set a weekly cap of 525 international arrivals. The UK has also released its long-awaited 'traffic-light' list of 74 countries and territories to which British citizens will be able to travel without being self-isolated as of July 10. Although France, Spain, Italy, and Germany are currently included, Portugal, the United States, and Canada are not. Despite their inclusion on the list, Australia and New Zealand's

International buyer operation will be slowed in 2019 due to a worsening global economic environment and political instability. studio apartments A strong U.S. dollar and a worsening global economic outlook outside of the United States slowed international home sales in South Florida in 2019, according to the latest Profile of International Home Buyers of the Miami Association of Realtors (MIAMI) conducted by MIAMI and the National Association of Realtors, but domestic buyers stepped in as total Miami residential sales and prices increased year-over-year. Despite the drop, foreign purchasing activity remained high, particularly when compared to the rest of Florida and the region. In 2019, foreign homebuyers spent $6.9 billion on residential properties in South Florida, down 21% from $8.7 billion in 2018. Since the Miami Mega Region is the No. 1 U.S. destination for international customers and is home to a diverse group of international homebuyers, the global market in Miami did not su

The new Global Residential Cities Index found that the average annual price increase for all 150 cities was 4.3 percent. Sale in Qatar Manila tops the annual world rankings for the second consecutive quarter, according to international property consultancy Knight Frank's new Global Residential Cities Index, with price growth of 22% in the year to March 2020. Budapest continues to be the fastest-growing city in Europe, with a 16 percent increase. The trio of Central and Eastern European cities in the top ten includes Zagreb and Warsaw. Apart from Manila, the top performers in Asia Pacific are Seoul and Melbourne, both with annual growth rates of 13%. In the 12 months to March, the index increased by 4.3 percent, the fastest annual rate of growth since Q3 2017. Over the course of the year, 85 percent of the 150 cities studied saw their prices rise. A look at the 15 cities in China and the United States with the highest GDP highlights the severity of China's slowdown in the fir

The market is being driven by the rise of Asian institutional investors and fund managers. According to CBRE, cross-border property investment in Asia accounted for 36% of total turnover year-to-date, up 36% quarter-on-quarter to $10.6 billion, the highest total since 2008. دليل Investment turnover increased 20% quarter-on-quarter to $25.6 billion in Q3 2015, according to preliminary CBRE estimates, despite the year-to-date investment volume being down 24% relative to the same time in 2014. Investor enthusiasm remained high in Australia and Japan, which accounted for 56 percent of total regional turnover in the third quarter. The Pacific region attracted a lot of Asian resources, which was attracted by the high yields. Due to stable fundamentals being relatively inexpensive in these markets, compared to assets in their own domestic markets, Australia—particularly in Sydney and Melbourne—attracted strong investor demand from Asian investors. CBRE Asia Pacific's Senior Director of

According to a new CBRE study titled Space Utilization: The Next Frontier, companies all over Asia are now under pressure to reduce costs by rising workplace'static density,' or the amount of space per square foot per workstation. In many parts of Asia, more reductions are already having an effect on production, efficiency, and retention. مواضيع نقاش Over the last decade, the static density of workplaces in some Asian markets has decreased by half. Workplace room has shrunk from 100 sq. ft. per desk to 50-60 sq. ft. per desk in Hong Kong, India, and China. This number is approximately half that of Europe and the United States, where average desk density is about 150-200 square feet. Other countries, such as Australia and New Zealand, have more generous desk requirements, with 90-150 square feet per desk. Low workplace densities mean less shared collaborative and independent work environments, as well as more confined space, which affects collaboration, decision-making, and ab

Despite a 21 percent year-on-year decline in investment turnover compared to a strong 2014, CBRE reports that investment in Asia's property sector grew 12 percent quarter-on-quarter in Q2 2015 to US$21 billion. اعلانات Cross-border transactions increased 31% to US$7 billion from the same period last year, while cross-border investment sentiment remained strong during the period, with a rise in inquiries and transactions in tier-one cities such as Shanghai in China. Despite short-term investor worries, the Greek debt crisis and China's stock market instability are unlikely to have long-term consequences for the Asia Pacific real estate market. Ada Choi, Senior Director of Asia Pacific Research at CBRE, said, "Despite the low interest rate setting, the Asia Pacific investment environment suffered this quarter from a persistent shortage of investible stock and firm pricing by landlords. Despite the fact that these factors have largely moderated capital flow in the area, ove

The value of shops, offices, and warehouses in the United Kingdom increased in July as the commercial sector regained trust. دليل 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." Accordi

After light reflected from the building's façade appeared to melt cars parking in front of it, developers of one of London's most recognizable modern skyscrapers are considering improvements to the design. مواضيع نقاش Several car owners have expressed their dissatisfaction with the state of their vehicles. Light bouncing off the house, dubbed the "Walkie Talkie," warped the panels of Martin Lindsay's Jaguar, he said. In a joint statement, Land Securities and Canary Wharf said, "We are taking the issue of light reflecting from 20 Fenchurch Street seriously and are looking into the matter as a priority." The danger of skyscraper reflections is not a new issue. The developers of Museum Tower in Dallas have been in a long-running feud with nearby residents, including the Nasher Sculpture Center, over glare from the skyscraper. Visitors to the Vdara hotel in Las Vegas complained in 2010 that the tower's "death ray" was strong enough to melt pl

Global direct commercial real estate investment rose 10% year over year in the second quarter, owing to a boom in activity in Asia. اعلانات 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." In