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Global coverage of overseas property news, overseas property market articles, and press releases. Our real estate news releases and real estate articles are updated on a daily basis covering the worldwide property sector.

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Property is plain sailing in Nice

As the seasons begin to change, you may be thinking it's all over for excuses to travel in 2009 however for France, the announcement by Louis Vuitton of its partnership with the new World Sailing Team Association, yachters will be navigating to the Cote d'Azur in the south of France this November . The World Sailing Team Association will be holding a series of regattas from now until 2011, the first of which will be held in Nice from the 7th to 22nd November. 10 teams will battle it out on the waves including a number of renowned faces from the elite sailing fraternity.

It is events such as these in which the fortunate Promenade des Anglais property owners can delight. They will have front row seats for the regatta in the comfort of their own home. The Promenade has already seen the likes of Lance Armstrong and eventual winner of the Tour de France 2009 Alberto Contador speeding through its streets this summer, the yachting 'world series' extends this sporting havens appeal.

Kirkor Ajderhanyan, Owner of Agence 107 Promenade, the international property agency specializing in Promenade des Anglais real estate comments, "clients come to us from across the globe seeking prime location penthouses and apartments with sea views over the famous Baie des Anges in Nice. The Promenade des Anglais is where people come to see and be seen and with so many events happening this year and planned in the future from festivals to sporting events it is little wonder why."

"Owners come to immerse themselves in city celebrations and many choose to rent out their properties at these opportune times to maximize returns on their properties. Nice and the Cote d'Azur is particularly popular with the yachting fraternities, the region boasts 22 Blue Flag marinas alone."

 

Polish market sees drop in demand

High demand in the real estate market in recent years had caused systematic price increases in both residential and commercial investment sites - until mid-2008.

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Australian borrowers must plan for more rate rises

Borrowers should brace themselves for more interest rate rises according to Australia’s best financial comparison website RateCity.

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German fund activity accelerating

Liquidity levels across the German Open-ended Fund (GOEF) sector have been on the increase compared to the recent past, according to new analysis by CB Richard Ellis.

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Cross-border investors poised for return to Americas in 2010

The economic malaise and financing dearth have taken their toll on real estate investment trading volumes. While transactions in the Americas are down significantly, cash-rich cross-border investors are well positioned to make a return to investment in North and South America in 2010, as Jones Lang LaSalle’s International Capital Group experts described today at the EXPO REAL show in Munich, Germany.

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Rate rises imminent in Australia

As the Reserve Bank of Australia has lifted the official cash rate for the first time since March 2008, borrowers are urged not to panic by Australia’s best financial comparison website RateCity.

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Australian investors ready to buy

A survey released today by PRDnationwide shows nearly 90 per cent of investors are eager to purchase property in the next two years.

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Colliers reports general stability across EMEA real estate markets

With fewer than one-in-three EMEA countries anticipating further softening over the next 6 months, yields appear to have stabilized. 

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Australian lenders tighten their belts

A significant shift in lending criteria by Australian home loan lenders has been revealed by Australia’s best financial comparison website RateCity.

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New flights to open up Madeira property market

Madeira, 1000 km over sea south-west from Portugal's capital Lisbon, is famous for its sweet wine which was a staple purchase for exploring ships on route to the New World hundreds of years ago.

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Deyaar to showcase select properties at Cityscape 2009

Deyaar Development PJSC today announced that it will showcase select properties from its diverse portfolio, including projects set for delivery in 2010 at the upcoming Cityscape Dubai 2009, to be held at the Dubai International Exhibition Centre from October 5, 2009.

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2009 to see major EMEA office completions

Delivery of many office development schemes which commenced during the real estate boom period will complete in 2009 across markets in Europe, Middle East and Africa (EMEA), leading to greater choice of good quality office space for occupiers in the short-term, according to the latest research by CB Richard Ellis (CBRE).

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Australian buyers returning back to auctions

Buyers are back in full force according to the successful result of the Colliers International and PRDnationwide September Auction Clearance after 60 per cent of the properties auctioned were sold during or after auction.

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Opportunity to break Australian home loans is here

The window of opportunity to break a fixed home loan has arrived for some Australians who locked in a high rate last year, according to Australia’s best financial comparison website RateCity.

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Qatari Diar to launch new mixed-use development in Dushanbe

QATARI DIAR Real Estate Investment Company, an international leader in sustainable real estate development, today celebrated the launch of a new first-class mixed-use development in Dushanbe, Tajikistan.

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Office vacancy rates rise sharply across EMEA region

Colliers International’s latest overview of 68 office markets in 37 countries across the Europe, Middle East & Africa region shows a sharp increase in vacancy rates, a continuing decline in rental levels and a dramatic increase in tenant incentives in the first half of 2009.

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Cash rate remains steady in Australia

As the dust settles on the Reserve Bank of Australia’s announcement that it will leave the cash rate on hold at 3% for the sixth month in a row, Mortgage Choice urges borrowers to consider spring cleaning their mortgage.

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US investors absent from European property market

One of the most significant changes in the structure of the European commercial real estate market over the last two years has been the withdrawal of US buyers from the market since the credit crunch took hold, according to new research from CB Richard Ellis. 

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Dutch property investment activity doubles in Q2 2009

The Dutch real estate market saw investment activity almost double in the second quarter of 2009 compared to the previous quarter, suggesting that investor interest is returning to The Netherlands, according to new research released by CB Richard Ellis (CBRE). 

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Analysts agree Australian property market is solid

Several of Australia's leading real estate and financial experts have challenged the 'doom and gloom' outlook at a major panel event, saying the country's property market remains resilient.

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Philippines tourism bucks downturn

Despite the downturn tourists have flocked to the Philippines in greater numbers this year, boosting the country’s burgeoning resort sector.

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EMEA sees falling rents and rising yields

CB Richard Ellis today announced the results of its Rent and Yield Indices for the first quarter of 2009, broadly reporting falling rents and rising yields across Europe.

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Dubai's industrial sector shows great resilience

A recent report by CB Richard Ellis Inc., the world's largest commercial real estate services company, confirms that Dubai has seen a substantial increase in Prime Industrial rents compared with the rest of the Europe, Middle East and Africa (EMEA) region.

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Malta weathering the global crisis

“The credit crunch has been felt far less in Malta because of the rigorous regulatory regimes that Malta has and also because the financial banking sector is not as sophisticated as in other countries.

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Brazil's tourism industry sees continued growth

Figures from the World Travel and Tourism Council (WTTC) show that in 2008, Brazil’s tourism industry rose to 13th position in the world in terms of the economic activity it generates. 

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Altinkum to get a property boost

The Altinkum Didim Yacht Marina in Turkey has been in the pipeline for an absolute age, but the waiting is finally over. The £33.6 million marina will open next month, potentially giving a huge boost to property in the Altinkum area.

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