International, Real Estate, US Real Estate

Indian Consortium Gets 100% Tax Break for Luxury Sri Lanka Development

By Allison Halliday | September 12, 2011
According to the Sunday Leader, a realty consortium has been offered a 100% tax exemption to develop a two acre site at Sir James Peiris Mawatha in Colombo 2, In addition to the tab breaks, the Sri Lankan government will also allow full profit and capital repatriation. The realty consortium, South City Projects (Kolkata) is […]
International, Real Estate, US Real Estate

Vietnam Named 2nd Most Attractive Asian Investment Destination

By Allison Halliday | September 9, 2011
A report in Saigon Giai Phong says the Vietnamese property market has great potential, but foreign investors are still showing caution due to continuing economic turmoil. Foreign direct investment accounts for 25% of Vietnam's property market, with foreign investors registering to carry out 669 property projects worth US$60 billion during the first half of 2011, […]
International, US Real Estate

Albania's Potential Real Estate Boom

By Phil Butler | September 8, 2011
In investment news from Albania, Prime Minister Sali Berisha looked to the construction sector to help promote Albania’s International Construction Fair, RealEX 2011, which opened in Tirana this week. The fair hosts some 60 construction companies within Albania, in the region, and from around Europe. Legendary billionaire real estate guru Donald Trump was scheduled to speak at the event.
International, Real Estate, US Real Estate

Brazilian Mortgage Market Shows Room for Growth

By Allison Halliday | September 7, 2011
At the moment foreigners cannot apply for mortgages in Brazil, but the mortgage market here is extremely young, and there's lots of room for growth in the future, especially as the current level of mortgage lending accounts for just 4% of GDP. To put this into perspective, mortgage debt in the US accounted for 55% […]
International, Real Estate, US Real Estate

Asia-Pacific Region Is Cheapest in the World for Building Property

By Allison Halliday | September 6, 2011
The annual Construction Costs Comparison Report by EC Harris Research has found that countries in the Asia Pacific region have far lower building costs than comparable Western countries, even though countries in Asia have experienced significant economic growth. This report is now into its seventh year, and compares building costs per square meter in 56 […]
International, Real Estate, US Real Estate

New Zealand Property Market Moving Towards a Sellers' Market

By Allison Halliday | September 2, 2011
Spring has arrived early in the New Zealand real estate market, as new listings came online in early August, but thanks to high levels of sales the inventory is still low, according to data just released in the NZ Property Report, a monthly report compiled by Real estate.co.nz. The report found the number of new […]
International, Real Estate, US Real Estate

Gal Nauer Reveals Architectural Design for Bavli Towers in Tel Aviv

By Allison Halliday | September 2, 2011
Gal Nauer Architects has just revealed its new design for Bavli Towers, a residential development comprised of six, 44 story towers in Tel Aviv's Bavli neighborhood. The complex will be set in 27 acres and features the latest innovations in interior design, architecture and green technology. It will be one of the most technologically and […]
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