News

Overseas Property Professional (OPP) has reached an agreement with The International Consortium of Real Estate Associations (ICREA)  to syndicate its editorial content to the one and a half million practitioners of the global real estate trade body.   OPP is part of the Richmond Green Group and the magazine is the property market’s only dedicated […]

Currency Solutions report on the Pounds position of vulnerabilty in the Foreign Exchange Markets. Having lost some of its recent gains since 9.30am when swelling budget deficit figures were released in the UK. As the Government prepares to implement the much debated spending cuts, net borrowing hit £22.8 billion compared to £16.7 billion a year earlier.

The dampened down New Zealand housing market may be linked to the reduction in migration numbers to the country according to leading economist at Goldman Sachs & Partners NZ.  At the same time monthly activity in the NZ property showed a flurry of sales occur in November 2010   Slowing net migration is factor contributing

Brazilian real estate is this a housing bubble?   The reason why overseas investors are excited by the potential taht Brazil offers was demonstrated clearly by the outgoing president Lula da Silva. He predicts that Brazil would become the world’s fifth economy by 2016, however at the same time there is talk of a housing market

Just when fears in Europe had been appeased by the agreement of a permanent rescue mechanism for Euro nations, the excessive amount of ratings issues realised over the last week, have shown their affect in the market. The Euro toppled down against the Pound and the US Dollar on Friday and is starting the week

The Pound slumped to a one month low against the Euro on Friday but has been recovering so far today. It also suffered more losses against the US Dollar on Friday as UK exposure to problems in Ireland has been under scrutiny. Poor consumer confidence figures as well as concern over the exposure of UK

Overseas investment in Iraq could see a dramatic increase in 2011 as a Turkish state owned bank opens a branch in Northern Iraq and the government relaxes laws to encourage overseas property investors to the region. Turkish state-run lender Vakıfbank is to open its first branch in Arbil, the capital of the Kurdish regional administration in

The Algerian economy receives welcome news as a leading Turkish construction company prepares to invest millions in a new residential and commercial project.   The move demonstrates the strength of the Turkish economy and the fact that Algeria could now be attracting overseas property investors   Turkish developers Sinpas Group, which has a 33-year history

  Good news for the US Dollar and the Obama administration with the US Dollar now strengthening in response to its own internal data signalling economic growth. The US Dollar did well against other currencies in response to yesterday’s poor unemployment figures in the UK and spiralling uncertainty in Europe. Whereas UK retail sales have

Despite widespread news reports throughout 2010 that Portugal’s economy was heading for meltdown, recent figures have shown that the reality has been nowhere near as catastrophic as the media might suggest. Indeed, with property prices in Portugal stabilising and a record number of tourists visiting the country in 2010, the signs look optimistic for anyone