Month: September 2008

Attitudes, Market Data, People, Today A Better Day Than YesterdayLeave a comment

Executivii internationali vor excelenta, romanii sunt preocupati de retentie

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Mai putin de o treime dintre executivii si antreprenorii din intreaga lume se asteapta la o imbunatatire a economiei globale pana la sfarsitul acestui an. Liderii, antreprenorii si managerii din intreaga lume vad in angajatii cu performante cea mai competitiva arma intr-un mediu economic din ce in ce mai competitiv, arata datele unui studiu realizat la nivel global de Cornerstone International Group, una dintre cele mai mari organizatii in consultanta in resurse umane la nivel mondial. Cititi restul articolului in zf.ro. Continue reading Executivii internationali vor excelenta, romanii sunt preocupati de retentie

Attitudes, Market Data, PeopleLeave a comment

Executivi pe fast-forward

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Un manager trebuie sa stea intr-o pozitie cel putin trei ani pentru a-si pune amprenta asupra businessului. Un an se obisnuieste cu compania, in al doilea an iese in fata cu o strategie proprie pe care o implementeaza si abia in al treilea an se vad efectele strategiei sale, bune sau rele. In practica, executivii de top spun mult mai usor si mai repede “adio” angajatorilor. Cititi intreg articolul pe zf.ro. Continue reading Executivi pe fast-forward

Attitudes, Economics, Investments, Market Data, Real Estate Investments, Residential Developments3 Comments

Reaching the international buyer

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Across the globe, despite the impact of the credit crunch, many buyers are still actively seeking opportunities in overseas property and two international magazines, Overseas Property Professional (OPP) and OPP Russia, have recently highlighted Romania as a market for agents to consider for their clients. However, the next stage for the market is for developers to work with agents to drive sales based on this interest. Whether for investors looking to benefit from rentals or capital appreciation, second-homes buyers or those re-locating to the country, a number of developers have experienced demand from outside Romania. OPP has learnt about buyers … Continue reading Reaching the international buyer

Attitudes, Investments, Market Data, Real Estate InvestmentsLeave a comment

OPP- helping Romanian developers establish overseas networks

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For many Romanian developers, selling property to overseas buyers can seem a daunting task, requiring a re-think of marketing activities and an understanding of how to interact with agents. However, in reality, the philosophies of doing business remain the same, according to Tibor Fuchsel, territory manager at Overseas Property Professional (OPP). Fuchsel says: “The shift in mindset isn’t as great as some may fear – the fundamentals of the business remain the same. You want to sell property through an intermediary and – whether you use a domestic agent, based in Romania selling to Romanians, or an overseas agents selling … Continue reading OPP- helping Romanian developers establish overseas networks

Market DataLeave a comment

UAE EMIRATE BANS FOREIGN ESTATE AGENTS FROM RUNNING AN AGENCY

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Only UAE and GCC nationals will be allowed to hold a license for real estate offices in the UAE Emirate of Ras Al Khaimah, according to a new law enacted by Sheikh Saud bin Saqr Al Qasimi, crown prince and deputy ruler of the Emirate. Citing resolution number 32 for 2008 on executive regulations of real estate agencies, Al Qasimi said: “The license holder should run the business by himself or by a kin or a partner. He is not allowed to lease the license to any other person.” A banking guarantee worth AED300,000 (€60,000) will be required if the … Continue reading UAE EMIRATE BANS FOREIGN ESTATE AGENTS FROM RUNNING AN AGENCY

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DEMAND GROWS FOR REMORTGAGING SERVICES

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As the strength of the Pound falls against the Euro and economic conditions worsen in the UK and Ireland, more products are being released to facilitate the repatriation of funds from an overseas property back to the respective countries.  Zero per cent introductory margins, the first 100% LTV mortgage products, improved interest only terms and Euro mortgages that track the traditionally lower Libor CHF index, are just some of the examples of the new products available.  “We are seeing a significant increase in the number of clients who are looking at the refinancing options available in many overseas markets so … Continue reading DEMAND GROWS FOR REMORTGAGING SERVICES

Market Data4 Comments

GREEN PROJECTS GAIN MOMENTUM IN EUROPE

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A spate of eco-friendly developments have been scheduled for construction as the international second homes industry reacts to changing buying patterns across the world. The latest company to do so is developer Willbrook Management International which has announced its intentions to develop Diamond Residences, a 144-apartment eco-resort in Varna, Bulgaria, featuring a spa, health club, restaurants and energy saving air and lighting services at a cost of €40million. Daiana Voicu, Willbrook’s executive director, said that the company has several other green projects scheduled and plans to build a further 3,000,000 sqm of residential development at a cost of €6billion over … Continue reading GREEN PROJECTS GAIN MOMENTUM IN EUROPE

Market Data1 Comment

DEMAND CONTINUES TO OUTSTRIP SUPPLY IN BUCHAREST

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Despite forward progress in the Romanian property industry, supply problems still persist in Bucharest, however the gap is closing according to CEE analyst REAS, which examined over 220 residential projects in July to compile its report. Releasing its findings earlier this month, it found that just over 2,500 apartments and houses were delivered in the Romanian capital in 2007, in contrast to Warsaw, for example, which recorded 15,700 new apartments coming on the market during the same period. REAS added that a further 6,000 -8,000 apartments should hit the market by 2010 as off-plan projects come to completion but, despite … Continue reading DEMAND CONTINUES TO OUTSTRIP SUPPLY IN BUCHAREST

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GOLF GENERATES €53BN FOR EMEA ECONOMIES

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The game of golf is an enterprise now worth more than €50billion a year in Europe, the Middle East and Africa (EMEA), according to a study from KPMG Golf Advisory Practice, launched at The Ryder Cup yesterday. Although golf in the EMEA region is about one-third the size of the US industry, it is growing fast, especially in golf tourism and real estate. According to KPMG’s research, these key sectors now account for almost half of the game’s total revenue. Real estate is the number-one money earner, bringing in almost €19billion, which outstrips the total cash generated on-course from green … Continue reading GOLF GENERATES €53BN FOR EMEA ECONOMIES

Events, Market DataLeave a comment

NEW RUSSIAN TRADE/CONSUMER EXHIBITION SET FOR 2009

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Homebuyer Events Ltd and parent company Expomedia Group plc have agreed a formal partnership with PFI Events Ltd to organise and promote a major combined B2B and B2C property event in the summer of 2009. The four day event – due to take place from 28th-31st May 2009 at Moscow’s leading venue, Expocentre – will be open to both the public and professionals. Educational content such as seminars, workshops and debates will be trade focused for the first two days and investor-centric on days three and four. “Many of our clients have wanted to penetrate the Russian market which has … Continue reading NEW RUSSIAN TRADE/CONSUMER EXHIBITION SET FOR 2009

EventsLeave a comment

Lansarea Radisson SAS Hotel Bucuresti – cea mai fastuoasa petrecere de lansare din 2008

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Pe 18 septembrie am participat cu placere la festivitatea de lansare in Romania a Radisson Sas Hotel Bucuresti, care mi s-a parut cea mai fastuoasa petrecere de lansare din 2008 de pe meleagurile noastre. Radisson SAS Bucuresti se afla in proprietatea BEA Hotels, parte a grupului israelian Elbit Medical Imaging Ltd, care mai dezvolta si o retea de centre comerciale, prin intermediul companiei Plaza Centers. Deschis oficial in urma unei investitii de 70 milioane de euro, Radisson SAS Bucuresti este cel mai mare hotel de cinci stele din Romania, cu 424 de camere, din care 301 standard, 74 executive, 10 … Continue reading Lansarea Radisson SAS Hotel Bucuresti – cea mai fastuoasa petrecere de lansare din 2008

Conferences, Press Releases, Real Estate InvestmentsLeave a comment

Grupul Euroest la Targul National Imobiliar – comunicat de presa

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Grupul de companii imobiliare Euroest se remarca printr-o participare de exceptie la Targul National Imobiliar beneficiind de cel mai mare stand de expunere ce insumeaza 72 mp. Standul este impartit in mai multe sectiuni, existand o zona de prezentare a grupului, restul fiind alocat prezentarii proiectelor rezidentiale Greenvista, Pallady Towers (Bucuresti), Sea Breeze (Mamaia Nord), Belleview, Colina Marei (Sinaia) si Alpin (Brasov). Agentia imobiliara Euroest isi mentine in continuare statutul de lider de piata in tranzactiile cu terenuri, fiind totodata intr-o perioada de consolidare si dezvoltare sustinuta a departamentelor office, industrial si rezidential, detinand in portofoliu nu mai putin de … Continue reading Grupul Euroest la Targul National Imobiliar – comunicat de presa