The Federal Reserve just released its latest figures on credit standards and credit demand. The “Senior Loan Officer Opinion Survey on Bank Lending Practices,” in the words of the Fed, is designed to shed some light on “changes in the standards and terms of the banks’ lending and the state of business and household demand for loans.”
More on Federal Reserve bank officer survey shows standards continue to tighten
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
Strong growth backed by huge pent-up demand, a growing population and liberalization of the real estate sector is expected to keep prices strong in Abu Dhabi for the next 5-7 years – according to a report by EFG-Hermes, a regional investment bank
More on Abu Dhabi Real Estate shows strong short term demand
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
All right people, if you are spending Euros and pounds, it is probably time to buy a property in the U.S.A. Especially of you are considering Las Vegas, Miami or Phoenix. This press release pretty much says it all:
The Westin Verasa Napa Residences Set to Transform Downtown Napa With Late September 2008 Opening
Condominium-Hotel to Include Stunning Architecture, Upscale Amenities and World-Renowned Chef
Napa, Calif. (May 19, 2008) – The Westin Verasa Napa Residences is preparing to become the epitome of the Napa Valley lifestyle when it opens in late September. The luxury condominium-hotel will bring to downtown Napa a distinctive level of service and amenities that will include one of America’s most highly acclaimed restaurants. A limited number of resort residences are still available starting from the mid $400,000s and sales are being managed by pre-eminent Bay area realtor Alain Pinel Realty.
More on The Westin Verasa Napa Residences Will Open Late September 2008
An interesting new approach to real estate marketing. Luxury Property have employed the services of a pro-blogger to write their corporate blog. Whether or not they can stay true to the concept of a blog, or just turn it into the usual real estate blog full of thinly disguised advertorial remains to be seen. This is the company’s official press release on the subject.
More on Luxury Real Estate Marketing Company Hires Professional Blogger
Glasgow-based Jabbar Fund Management today announces the launch of the 20m euro MENA (Middle East and North African) Real Estate Fund.
Developed in partnership with FSA-authorised operator Acorn Corporate Finance Ltd, the Fund provides a tax efficient route for investors seeking exposure to one of the world’s most dynamic real estate markets.
New Real Estate Development Company Plans to Attract US$600 Million from International Investors by December
Property House, an ambitious US$1 billion real estate and property management company, was launched today by Muhammad Nazir, a leading businessman with diverse investment interests in the UAE, Pakistan and Turkey.
More on New Real Estate Development Company Launched in Dubai
Despite many’s worries over the astounding number of new developments in Dubai(including our own), Deyaar, showing an impressive level of investor confidence, has managed to sell out their latest offering on the opening day of the launch – a $123 million tower- Oakwood Residency.
More on Deyaar Development Sells Out Latest Offering Oakwood Residency