News

North of Durban on the western coast of South Africa is the suburb of La Lucia, which is becoming one of the most popular places in the region for both businesses and residents alike. The beachside residences and spectacular homes lead inland to a series of increasingly busy corporate parks and business areas. The older […]

The most recent survey out indicates that Moscow tops the list for most expensive cities for expatriates, while Asuncion, Paraguay is the cheapest. The annual survey is undertaken by Mercer Human Relations Consulting and is the world’s most comprehensive cost of living survey and is used to help multinational companies and governments determine compensation allowances

A 272-acre megamall is one step closer to construction in Bradenton, Florida after a judge recommended the acceptance of the current plan. University Town Center, to be located near Interstate 75 and University Parkway is expected to include 1.6 million square feet of retail space, 220,000 square feet of office space, 500 hotel rooms and

In the eastern Aegean Sea is the beautiful Greek island of Samos, and a new resort is rising on the southeast edge that will be a true five star destination for international travelers and property investors. Halcyon Hills is being constructed on the edge of the Bay of Klima, with spectacular views and amazing amenities

The Marina Bay property development in Abu Dhabi recently was awarded two Arabian Property Awards for 2008. The new eco-friendly tower on Al Reem Island won for Best High Rise Architecture and for Best Marina Development. The Marina Bay project, which is under construction and being developed by DAMAC Properties, is a 24 floor building

A new casino, hotel and marina development has received the green light from the government of Hungary and is set for construction in Budapest. Álomsziget Entertainment (Dream Island Entertainment) is an investor group that is developing a 32-hectacre chunk of Hajógyári-Sziget, a large, formerly industrial island which sits in the Danube north of downtown Budapest.

Private equity funds see a great opportunity in Cambodia and are looking to bring some $475 million US of foreign investment into the country in the next year. Cambodia now finds itself in the midst of a real estate boom, with high-rise condos and office buildings rising quickly in Phnom Penh and investors set to

Along the west coast of Costa Rica is the popular holiday town of Jaco, just 90 minutes from the capital of San Jose. Here is the Sonesta Jaco Resort, a truly magnificent five star resort that is rising not far from the beach. When the initial phase is complete, this luxury condominium project will have

Sunray Village, a property development located near Almancil in Portugal’s sunny Algarve Region recently won Best European Development of 2008 from the European Property Awards. The village, which will comprise 52 two and three bedroom townhouses, also won the award for Best Architecture for 2008. The awards will be presented at a celebration in London

Eurostar, the high-speed train linking the UK with France and the rest of Europe, announced that record numbers of passengers are taking the train. Over 900,000 passengers used the Eurostar during July, 2008, which is an increase of 16.8% from the same month in 2007.   Simon Montague, Director of Communications for Eurostar, said: “We