The continuing weakness of the dollar means the US is more and more attractive as a property investment destination. A recent announcement of a new global investment group based in Switzerland shows the appeal to buyers spending foreign currencies in the US. This is their press release:
More on Global Investment Group Launched to invest in US Property
Along with the rapid development in the city, the real estate investment markets too have boomed, with property transactions reaching rocketing heights. In recent years the Chennai property market has attracted huge investments from all over Tamilnadu, as well as from outside. This has also been complemented by the growth in the IT industries and BPO companies that have popularized commercial Chennai Properties. A number of housing companies have built huge residential and commercial complexes, villas and apartments in and around Chennai, thus keeping up with the ever growing demands. The increasing number of home seekers and willing investors has brought builders to focus on the availability of affordable and quality apartments.
Tamweel Properties & Investments LLC to focus on property investment and brokerage services
Move in line with resolutions approved at recent EGM
Abdulla Nasser Abdulla named CEO of Tamweel Properties & Investments LLC
Who is buying luxury properties in Hong Kong and are they to show or grow their money? According to two high-end property professionals, it is a little of both.
Alex Chan, Manager of Residential Sales for Colliers Hong Kong said that high-end properties in traditional areas such as the Peak, Mid-Levels, Repulse Bay and Stanley are great buys ‘cause the government isn’t releasing any more land in these areas (or if it does it’s once every couple of years). So, it’s kind of like buying a townhouse on the Upper East Side of Manhattan- they’re not going to build out into the East River, nor are they going to fill in Repulse Bay anytime soon. So, what you see is what you get, and that means appreciation.
