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News Archives - August 2008

We source and regularly update only the most relevant property news items from across the world and place them at your fingertips...

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Tenerife Spends More To Gain Tourists

The Spanish Canary Island of Tenerife, the largest of the Canary Islands, is already one of the most sought after tourist destinations in the world. To remain as such while much of Europe faces...

Spain Flag Spain (31 August 2008) Full Story >>

 

Investment News

Resale home listings hit record high

Sample Image The number of new listings for resale homes leapt past 80,000 for the first time last month amid sagging sales and prices, according to the Canadian R..... Full Story >>

Canada Flag Canada  (29 August 2008). 

 
Editors' Choice News

Cyprus listed as top tip for investors

Sample Image Cyprus is an outstanding place for overseas property investors to put their money as it is outperforming most other markets, it has been stated. BuyC..... Full Story >>

Cyprus Flag Cyprus  (28 August 2008). 

   
Commercial News

Kuwait Finance invests in China realty project

Sample Image Kuwait Finance House (KFH), the Gulf state's biggest bank by market value, said on Saturday it was investing $275 million (Dh1 billion) in a real esta..... Full Story >>

China Flag China  (30 August 2008). 

 
Other News

Brazilian ethanol development announced

Sample Image An American investment group has moved to join forces with Brazil's leading ethanol producer Cosan. The new company will be called Radar and will pur..... Full Story >>

Brazil Flag Brazil  (28 August 2008). 

   
Rental & Lettings News

Dodgy agents drive rental bidding wars

Sample Image DESPERATE tenants are being exploited by real estate agents using the housing crisis to drive up rents.... Full Story >>

Australia Flag Australia  (26 August 2008). 

 
Funds News

GCC set to be global hub for funds industry

Sample Image The GCC is expected to become an international centre for asset management in the next decade, said experts at a seminar organised by the Dubai Intern..... Full Story >>

United Arab Emirates Flag United Arab Emirates  (28 August 2008). 

   
Mortgage News

Downturn in property market means strategies needed to sell

Sample Image With the downturn in the property market, more homeowners are finding traditional sales methods are not working for them.... Full Story >>

New Zealand Flag New Zealand  (30 August 2008). 

 
Economic News

Insurers look to invest in real estate markets

Sample Image The China Insurance Regulatory Commission has said that China's insurance companies are soon to be allowed to invest in the domestic real estate secto..... Full Story >>

China Flag China  (31 August 2008). 

   
Legal News

Calls to ban foreign property ownership in NZ

Sample Image The Green party in New Zealand is calling on the government to ban foreign property investors from buying property and real estate in the country as t..... Full Story >>

New Zealand Flag New Zealand  (28 August 2008). 

 
Tax News

Reform Party ready to halt tax reform for a year

Sample Image Reform Party announced that they are ready to halt the income tax reform for one year on certain terms, ERR News writes.... Full Story >>

Estonia Flag Estonia  (28 August 2008). 

   
Currency Exchange News

Egypt 'offers non-eurozone advantages'

Sample Image Those buying overseas property may be financially much better off by looking outside the eurozone, it has been suggested. Egyptian property developer..... Full Story >>

Egypt Flag Egypt  (28 August 2008). 

 
Construction News

Wanted: Architect to build Beirut's world-class House of Arts and culture

Sample Image A joint plan between the Lebanese and Omani governments to build a world-class House of Arts and Culture in downtown Beirut is taking shape - and seek..... Full Story >>

Lebanon Flag Lebanon  (28 August 2008). 

   
Travel News

Safaris Are Great in Botswana

Sample Image Maun is the primary international link with Botswana via Johannesburg and Harare and secondary links through Gabarone, Windhoek, Victoria Falls, Nairo..... Full Story >>

Botswana Flag Botswana  (31 August 2008). 

 
Technology News

Ericsson to Build, Operate Network for 'Smart City'

Sample Image Emaar, The Economic City, the Tadawul-listed company developing King Abdullah Economic City, has awarded a SR320 million ($85 million) strategic agree..... Full Story >>

Saudi Arabia Flag Saudi Arabia  (28 August 2008). 

   
Environmental News

Calling US Hypocrite Is Not the Best Way for Brazil to Save the Amazon

Sample Image On July 21, 2008, a researcher from the Council on Hemispheric Affairs (COHA) met with the Brazilian ambassador to Washington, Antonio de Aguiar Patr..... Full Story >>

Brazil Flag Brazil  (27 August 2008). 

 
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