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The "most significant remaining tract of land in the Bahamas," a 385-acre development site, is back on the market.  buy house in qatar Southern Cross Construction, owned by golfer Greg Norman, is planning a $1 billion mixed-use development on the site of the South Ocean Resort. The site on New Providence's 3,000-foot waterfront has been in limbo for years, after a development team's plan to construct an opulent resort was derailed by a slew of lawsuits. "South Ocean clearly represents the most important growth potential in the Bahamas, if not the entire Caribbean." The Canadian Commercial Workers Industry Pension Plan (CCWIPP), which foreclosed on the property in 2011, now owns it. Last year, CCWIPP hired Southern Cross to create a master plan for the site in collaboration with the Bahamas government, in the hopes of attracting more buyers. A casino, restaurants, and residential units are planned for the site, which will be centered on a 60-slip mari...

Global real estate investment volumes rallied in 4Q 2012, according to Jones Lang LaSalle capital markets research from 60 countries, with US$141 billion transacted, bringing the year's cumulative preliminary value to $436 billion.  flats for sale in qatar 2012 saw a small rise in real estate investment volumes over 2011's $435 billion, and a 36 percent increase over 2010. A yearend rush of US investors trying to allocate funds to escape capital gains taxes as a result of the government's "fiscal cliff" crisis contributed to the strong portion. Volume in the United States increased by 51% from the previous quarter. Mexico, Canada, France, Germany, and the Nordic nations all had a good year. Jones Lang LaSalle's Arthur de Haast, Head of the International Capital Group, said, "The rise in the fourth quarter of the year shows that real estate markets are well past the stabilization stage of the cycle and are now supporting year-over-year increases in t...

According to STR Global, the Caribbean and Mexico's total active hotel pipeline has more than doubled in the last six months as investor interest returns.  properties qatar The research firm's active pipeline for June includes 131 hotels with a total of 21,957 rooms, up from 50 hotels with 9,495 rooms in the region's active pipeline in December. According to STR, only five hotels with 354 rooms opened in the area in 2012. "Banks are gradually regaining trust in lending on hotels," Jan Freitag, STR's senior vice president of strategic growth, told WPC News. "There are a lot of people who are trying to start projects, but they need funding." Projects in the construction, final design, and planning phases make up the region's total active pipeline. According to STR, more than 10,000 hotel rooms are currently under construction, including 4,025 rooms in Mexico. The Dominican Republic (2,475 rooms), Bahamas (2,271 rooms), Puerto Rico (709 rooms), Arub...

You can travel north from Adelaide (population 1,000,000) to the country's best wine region, the Barossa Valley, which is about 60 miles away. You could also travel about an hour and a half south to Kangaroo Island, which is home to a diverse range of wildlife.  properties qatar You could also do both! In any case, don't leave Adelaide too soon. Parklands surround the area, providing excellent hiking, biking, and boating opportunities. The Central Business District is also home to excellent museums and restaurants, as well as the Central Store, the Southern Hemisphere's largest covered market. You'll find fruits and vegetables, meat and poultry, fish, gourmet cheeses, bakery products, and treats made by local expatriates from around the world here. When you're ready to go on your road trip, head north first, toward the Barossa Valley. You'll start passing historic wineries 20 minutes outside of town. German settlers introduced viticulture to the Barossa ...

According to a new study from the Australian Property Institute, the commercial, industrial, and residential real estate markets in most Australian major cities will not begin to recover until 2014. Melbourne, in particular, is also waiting for home prices to plummet.  qatar villa According to the Institute's survey, Australian Property Directions, listings at brokerages and auction houses are down as prospective sellers wait for a price recovery before putting their homes on the market. According to The Telegraph, Justine Jacono, president of the Australian Property Institute, residential price declines are projected to be replicated in the commercial and industrial sectors. Sydney's Com.AU "Melbourne hasn't hit the bottom of the cycle yet," Jacono explained. "...respondents see residential property going further along the upswing in two years, with Melbourne lagging behind Sydney and Brisbane," says the study. According to The Telegraph, the ...

According to Jones Lang LaSalle's third quarter 2012 Global Office Index, which was released this week, global prime office rental growth is expected to remain steady in 2013, with the majority of major markets expecting single-digit rental growth . apartment for sale in pearl qatar Beijing, San Francisco, London, Tokyo, Moscow, Hong Kong, and Sydney are among the markets with the best rental growth prospects, according to the Index. Although rents are expected to rise next year, Jones Lang LaSalle's study of global rental growth in the third quarter of 2012 shows a slowdown in office rental growth to 0.2 percent, down from 0.6 percent in the second quarter. In the third quarter, a third of the markets covered by the Index saw rental declines, compared to just a quarter in the second quarter, reflecting a variety of factors such as weak corporate occupier demand, especially from the financial sector, oversupply, and weak economic fundamentals.   "Prime rents increa...

Actis LLP, a private equity firm, plans to invest up to $1.5 billion in African commercial real estate, aiming to benefit from the region's rising middle class.  real estate companies in qatar According to Bloomberg, Actis, headquartered in London, plans to invest in shopping malls, office buildings, and industrial park ventures that will be completed within the next five years. Africa's population is among the world's youngest and fastest-growing. According to a McKinsey & Co. 2010 survey, household spending on the continent is projected to increase by 63 percent to $1.4 trillion by 2020. Kevin Teeroovengadum, Actis' Sub-Saharan African real estate unit owner, told Bloomberg that "we are seeing a change in interest from South African brands to European retailers" looking for opportunities in fast-growing economies like Nigeria, Ghana, and Kenya. Actis has invested $1.4 billion in seven Africa funds since 2003. According to Bloomberg, the proceeds of a $15...

Deutsche Annington, Germany's largest residential landlord, has had its initial public offering delayed due to "persistent adverse market conditions," according to backers.  doha property Terra Firma Capital Partners, the private equity firm run by British financier Guy Hands, owns Deutsche Annington. The German firm has a total of 180,000 residential units under its management. According to the Financial Times, Hands hoped to collect around €1.1 billion from the IPO, valuing the firm at about €11 billion, including debt. In a statement, Deutsche Annington CEO Rolf Buch said, "Based on our strong financial position, we will concentrate on driving our operational efficiency, including continuing our investment and modernization program as expected." Bloomberg notes that investor demand for Deutsche Annington shares "falls short." German stocks had been rising until recently, but have recently cooled due to concerns about rising interest rates. According...

According to CBRE, Hong Kong's central district remains the world's most expensive office market, surpassing London and Beijing.  apartment In central Hong Kong, the average annual occupancy cost for office space is US$235.23 per square foot, compared to $222.58 in London's West End and $195.07 in Beijing's Finance Street. Hong Kong had topped CBRE's semi-annual report for the third time in a row. "Hong Kong Central's reputation as a leading global financial center continues to bolster its position as the most expensive office market," according to CBRE. "While financial institutions have become more cost-conscious, with some considering relocating to less expensive space outside the CBD, high-quality and premium space is still in demand, especially by mainland Chinese firms setting up offices in prestigious buildings in Hong Kong (Central)." The other districts in the top five were Beijing's Jianguomen CBD and New Delhi's Connaught P...

According to owners Salamanca Group, the first berths at Marina Port Vell, Barcelona's new mega yacht marina, will be delivered this spring. Port Vell is expected to have 167 fully serviced berths by the end of 2014, making it Europe's first city center mega yacht marina.  qatar villa Barcelona's deep-water harbor, located in the former fishing village of Barceloneta, was designed for the 1992 Olympics as a marina. Salamanca Group, a London-based Merchant Bank and Operational Risks company, purchased the site in 2010 and spent €30 million ($41 million) transforming it into a new, ultra-high-tech facility with the added advantage of a desirable lifestyle in the heart of Catalonia's capital. "Despite being surrounded by beautiful beaches and crystal blue seas, Barcelona has the beauty and year-round facilities of a lively, world-class community," says Uri Nachoom, VP of Salamanca Marina. "The Balearic Islands are just a few hours away by boat, and the R...

According to Cushman & Wakefield, commercial property transactions in Central London hit £19.9 billion in 2013, the highest level since 2007. The £13.5 billion in transactions was up 47% from the previous year. However, it is still less than the pre-crisis high of £20.54 billion set in 2007.  apartment for sale in pearl qatar In 2013, foreign investors were gradually drawn to London's central business district, with the United Kingdom being seen as a safe haven for finance. "We have to note that 2013 was marked by possible war in Korea, Thailand, Syria, continuing concerns about Europe's economy, America's debt issues, and declining growth among the Brics," said Bill Tyser, head of City investment at Cushman & Wakefield, in an interview with the Financial Times. Commercial investments were dominated by foreign buyers, particularly in the fourth quarter. During the last three months of the year, foreign investors accounted for 80% of the market share ...

According to Bloomberg, over £1 billion in mortgages have been applied for under the UK government's Help-to-Buy scheme.  villa During the first three months of the initiative, which guarantees loans to homebuyers who can only afford a modest downpayment, more than 6,000 mortgage applications were filed. According to Bloomberg, the number of applicants has tripled since previous figures were released in November. In October, the second phase of Help to Buy was launched, enabling homeowners to take out a loan for a home worth up to £600,000 with as little as a 5% downpayment. Home prices in the United Kingdom rose in December and are expected to rise more this year. Critics of the government program claim it contributes to the development of a housing bubble. David Cameron, the Prime Minister, dismisses the allegations. "House prices are barely moving in several parts of the world," Mr. Cameron told the Associated Press. "We do not assist people in purchas...