Investing
Villar Mir studying bid for Colonial assets
New Regulation to Hit Number of Franchisee Stores in Indonesia
U.S. Federal Reserve's Monetary Policy Raising Concerns of Asset Bubble
The Government of Saudi Arabia has finished working on three of the five mortgage laws that it had finalized to ease the shortage of housing in the country. Outlines of the three new regulations were posted Sunday, Feb 24, on the website of Saudi Arabian Monetary Agency (SAMA).The three outlined legislations include- Regulations of the real estate financial law, Regulations of the financial lease law and the regulations of the law on supervision of finance companies. America’s Largest Home – Versailles Resumes Construction (VIDEO)
Westgate Resort Founder, David Siegel owned, “Versailles” will resume construction after being stalled for around three years. Construction on the home had been put on hold as the global recession had crippled Siegel’s finances. However, now that the economy and housing market is rebounding, the construction is back on track. Morgan Stanley Real Estate Fund Buys Moscow Mall for $1.2 Billion
Morgan Stanley Real Estate Investing (MSREI) has purchased a commercial mall in Moscow, Russia for a huge $1.2 billion. The Metropolis Mall is located in the Northwest of Moscow and is the largest commercial deal of Russia till date. Tishman Speyer Wants More Deals with China Vanke
Just recently, news was out of China’s leading property development firm, China Vanke Company making its debut into the U.S. property market with a partnership deal with American real estate company, Tishman Speyer. With the partnership deal in its kitty, Speyer now hopes to rope in more joint ventures with Vanke. Iraq’s Real Estate Boom Will Offer Extensive Growth Opportunities to Foreign Investors
Iraq’s real estate sector has come a long way. Post the fall of Saddam Hussein, property prices have risen exponentially in the country leading to a real estate boom. However, this boom will provide maximum opportunities for foreign investment and growth in the area. ING Group Selling $2 Billion in Mortgage Bonds from ING Australia Bank, Australia's Fifth Largest Mortgage Lender
ING Group, announced it may sell $2 billion in mortgage bonds from its Australian branch, reported Bloomberg. Otak, Inc. Launching International Business Consulting and Real Estate Firm
A new business consulting and real estate firm is tapping into global markets, reported Yahoo Finance. Otak Inc. Founder Othman launches New Real Estate Investment and Consulting Firm
Nawzad Othman, former CEO of global engineering firm, Otak Inc recently announced the launching of a new international real estate investment firm – The Othman Group on Wed, Feb 20, 2013 in Portland, Oregon in a press release. The new company will primarily aim at meeting needs of clients from the Middle East and the Pacific Northwest. Rising Home Prices Rescue a Number of American Underwater Home Owners
The rising prices of homes in America are rescuing more number of underwater homeowners from their debts. The rebounding market, low mortgage rates and increasing prices have dragged a number of underwater homeowners to rise above their debt. New home buyers are now able to sell off their old homes at a greater price to fund their mortgage loans, enabling them to cover the loan more effectively. Foreign Investors Jumping into US Rental Market
As the housing economy of the U.S. is recovering, the rental markets are raking in a larger number of foreign investors. A new trend of foreign investment firms purchasing property in the U.S. and renting them out for a profitable price has kicked off recently. The increasing availability of property and weak dollar rates make the U.S. market safe for the investors.
