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Showing posts from September, 2022

The Construction

  The complex is located in the center of a vast open area, though Robertson City is only a 10-minute drive away, Makkie says. "The house is centrally located on the property," Willem says. "You see neighbors or fences. This is only a 360-degree view of the mountains."  qatar selling The property was constructed slowly; the Jouberts would not unnecessarily disturb any land, so they waited until the road was paved to build the houses. The compound is surrounded by a five-foot high brick wall, to keep the dogs not out, says Willem. When entering, visitors will find two symmetrical buildings linked by a furnished breezeway. The eastern building includes a living room, an entertaining kitchen where guests can gather around an open plan dining area, and a separate "work-room" with a heavy lift. Upstairs is a suite and study room. Two guest suites, a double-height library, a music room and a game room with a billiard table and a TV projector system feature...

Nedbank banks big on African real estate property technology!

  This year's Africa Proptech Virtual forum is a full day of live presentations and discussion panels for the growing Proptech community on the continent.  house and lot for sale The virtual and lead sponsor API Summit, Nedbank CIB, will host the free online forum to connect Africa's most powerful Immobilien Investor Community with its emerging technology and innovation sectors, on September 29, 2020. This year's event will offer investors, start-ups and practitioners a platform for meeting, presenting and sharing insights on how Proptech applications are accelerating across the real estate industry. According to the host of the forum, Kfir Rusin's API Event, Property Technology is one of the sectors which is predicted to be stronger after COVID-19. Rusin said: "This time of compulsory digital uptake and dependency and remote work will speed up adoption and innovation both globally and in Africa, within the Proptech space. In the last few years, property te...

Superhomes are selling again in South Africa, but at a fat discount!

  According to latest findings from Luxury Portfolio International (LPI) and leading immobilier companies of the World (LI), between 30 and 50% of high net worth individuals (HNWIs) plan to buy at least one additional luxury property worldwide in the next 12 months, compared to just 20% a year ago (LeadingRE).  used cars in qatar under 10 000 Moreover, the latest US statistics show that luxury home sales have risen since Sept. 2020 and are currently nearly 61 percent higher at the start of last year – despite the fact that the US was so badly struck by the Covid-19 pandemic and its economic consequences. Competition has also increased among buyers, and the average listing time for luxury properties has decreased from 82 to 55 days, even though there have been almost 32 per cent new luxury listings on the market. "Luxury real estate is back in the lead among the HNWI investment facilities," said Rory O'Hagan, head of the Chas Everitt International Immobilien group...

In the second quarter, Japan and Australia led Asia Pacific property investment momentum.

  Despite a 21 percent year-on-year fall in investment turnover compared to a strong 2014, CBRE reports that investment in Asia's property sector climbed 12 percent quarter-on-quarter in Q2 2015 to US$21 billion.  qatar selling Cross-border transactions grew 31% to US$7 billion from the same period previous year, while cross-border investment mood remained strong throughout the year, with a rise in inquiries and transactions in tier-one cities such as Shanghai in China. Despite short-term investor fears, the Greek debt crisis and China's stock market volatility are unlikely to have long-term consequences for the Asia Pacific real estate industry. Ada Choi, Senior Director of Asia Pacific Research at CBRE, said, "Despite the low interest rate environment, the Asia Pacific investment climate suffered this quarter from a continuing scarcity of investible stock and firm pricing by landlords. Despite the fact that these variables have substantially restrained capital moveme...

Four of the top five most expensive office markets in the world are in Asia.

  Asia continued to dominate the world's most expensive office locations, accounting for four of the top five markets, according to CBRE's semi-annual Global Prime Office Occupancy Costs report. The world's most expensive office market is still London's West End . house and lot for sale The overall prime occupancy prices in London's West End topped the'most costly' list, at US$267 per sq. ft. per year. Other than London's West End, Hong Kong (Central) is the only market in the world with a premier occupancy cost surpassing US$200 per sq. ft. per year, at US$254 per sq. ft. per year. The top five locations were Beijing (Finance Street) ($196 per sq. ft.), Beijing (Central Business District (CBD)) ($188 per sq. ft.), and New Delhi (Connaught Place -CBD) ($157 per sq. ft.). The slow recovery of the global economy was mirrored in the change in premium office occupancy pricing. Overall, global prime office occupancy expenses increased 2% year over year,...

Generation Z Shopping Has a Big Impact on Asian Retail Markets.

  Online shopping has surpassed brick-and-mortar retail as the most popular mode of purchase in several Asian regions, according to CBRE's new Asia Pacific Consumer Survey. In the future years, consumers aged 18-24, popularly known as 'Generation Z,' are expected to play a significant role in the regional retail industry. Landlords and merchants will need to be proactive in order to stay competitive as a result of issues like these.  used cars in qatar under 10 000 While 50% of Asia Pacific customers still visit a store to make a purchase, studies suggest that in rising markets such as China and India, the majority of respondents (76 percent and 68 percent, respectively) prefer to shop online. This is also true in more developed economies such as South Korea and Taiwan, where 73 percent and 55 percent of customers, respectively, reported that internet shopping is their primary mode of purchasing. "Given the scarcity of high-quality retail space in emerging markets,...

Rental Property Deductions Can Help Expats Save Money on Taxes.

Many Americans who live overseas choose to rent out their homes in the United States. It can be a good source of income and allows you to keep your US home if you ever decide to return. However, you must keep meticulous records of your income and expenses since any income (or loss) must be reported on your US expat tax return. We'll look at the additional form you'll need to fill out and what expenses you might be allowed to deduct (or not!).  qatar selling E (Schedule) Schedule E, Supplemental Income and Loss, is used to report all rental income and expenses. You'll be pleasantly surprised to receive a neat, tidy summary of all your income and associated expenses at the end of the tax year if you engaged a management business to take care of your rental property operations. Unfortunately, management agencies may be costly, therefore many expats choose to handle their properties themselves. It is your responsibility to keep precise, complete records of everything relate...

High-end Properties and Artistic Synergy Mirror Fine Art Market is a marketplace for fine art.

The ambition to acquire a trophy home and decorate it with world-class artwork is not new. Both, if purchased carefully, combine a pleasurable lifestyle with a profitable investment. According to new data from Christie's International Real Estate, the symmetry in demand for these two asset classes is so close that prices for both have increased by more than 20% in the last year. Emerging-market purchasers are joining forces with buyers in more established markets to keep fine art and luxury residences prices high.  house and lot for sale Luxury Defined: An Insight into the Luxury Residential Property Market, a report published by Christie's International Real Estate (CIRE) in April 2014, shows that luxury real estate has a much stronger correlation with the elite end of the fine art market than it does with the general housing market. "Like luxury real estate, the upper end of the fine art market has seen a rebound in recent years as the world's wealthiest have tur...

University housing development is being driven by the growing global student population.

Student housing was one of the best performing sectors during the global economic slump, according to a new analysis from international real estate consultant Savills, and is quickly becoming a key asset class on the worldwide arena.   used cars in qatar under 10 000 Although sourced from short tenancies, purpose-built student housing produces consistent rental income flows that are secured by the depth and stability of demand. Growing demand from overseas students, combined with low levels of competing supply in many world-class university cities, is opening up new prospects for premium purpose-built housing investment. Following the slump, investment in the sector grew quickly, rising from $3.4 billion in 2007 to a record high of $7.2 billion in 2013, according to Savills. While institutional investors have dominated cross-border investment to date, accounting for 57% of acquisitions by volume, Savills anticipates private wealth to emerge where student housing is still a...