WEAK POUND ATTRACTS FOREIGN BUYERS TO THE UK

As UK house prices fall by over 20% and the Pound crashes to record lows against the Euro, UK-based estate agents are reporting rising numbers of international buyers snapping up bargain properties, particularly in London.      “European buyers, especially Italians, are piling in to London’s property market and supporting prices locally,” said Peter Rollings, [...]

NEW RUSSIAN TRADE/CONSUMER EXHIBITION SET FOR 2009

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 [...]

OVER 12M RUSSIAN TOURISTS HEAD ABROAD IN 2008

Some 12,164,000 Russian tourists have travelled or booked to head abroad this year, with China (2.58m), Turkey (1.91m), Egypt (1.73m) and Finland (1.23m) the most visited destinations, according to the country’s largest insurance body Rosgosstrakh, which insures over 80% of all properties in Russia. Compiled by the Rosgosstrakh Centre of Strategic Studies, using Ministry of [...]