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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

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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

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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

EventsLeave a comment

Dimri Ghencea Allegro – lansare oficiala 17 septembrie 2008

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Ieri am fost invitat la lansarea oficiala a proiectului rezidential Dimri Ghencea Allegro ce a avut loc in sala Iridium a hotelului Howard Johnson Grand Plaza din Bucuresti. Dimri Ghencea Allegro este un proiect imobiliar mixt de referinta in Bucuresti prin: localizare, concept si calitate. Proiectul se va construi in mai multe faze: prima faza va include 2 cladiri cu un total de 332 de apartamente ce vor fi finalizate pana in septembrie 2010 si a doua faza va consta in construirea tuturor celorlalte unitati de finalizat in aproximativ 4 ani. Investitia totala pentru primele doua faze ale proiectului constand … Continue reading Dimri Ghencea Allegro – lansare oficiala 17 septembrie 2008

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AUSTRALIAN PROPERTY ATTRACTS GROWING INTERNATIONAL ATTENTION

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As the Australian property market continues to register annual growth of around 15%, a growing number of property professionals are looking to target the potential investors hitting the relatively untapped overseas market in the country. The latest company to establish itself as a presence in the industry is Australianinvestmentproperty.co.uk, which aims to offer visitors to its site a selection of luxury properties, spread throughout Australia’s property hotspots. The site features off-plan and new-build investment opportunities in Melbourne, Sydney, Brisbane, and the Gold Coast. Where the portal differs from other multi-country sites, is that all of its properties are available exclusively … Continue reading AUSTRALIAN PROPERTY ATTRACTS GROWING INTERNATIONAL ATTENTION

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NEW VISA RESTRICTIONS COME INTO EFFECT ACROSS PANAMA

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The Panamanian government has issued new visa restrictions across a range of categories for international visitors to the country that will have a direct affect on agents selling Panama to overseas buyers. Effective at the start of this month, one of the main changes that will impact on Russian and other nationalities that are starting to snap up real estate in growing numbers in the country, is the permanent residency situation. A preferred method of purchase by Russian investors, a buyer will now have to purchase a property in excess of $300,000, up from $200,000 in August. Previously UK, European … Continue reading NEW VISA RESTRICTIONS COME INTO EFFECT ACROSS PANAMA

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KYERO LAUNCHES PORTAL47.COM

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OPP has learnt that Spanish property portal Kyero.com has soft launched a new company, Portal47.com, which will allow property portals in other countries to benefit from Kyero.com technologies. Deriving its name from Kyero’s research which suggests that there are now 47 countries in which British buyers are active, MD Martin Dell told OPP: “This is a complete turn-key service that will utilise the technology that exists within the Kyero.com site,” he explained. “Over the course of its history, we have spent some €2million on the development of the site. We realised that it solved a number of problems common to country-specific … Continue reading KYERO LAUNCHES PORTAL47.COM

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AIR FRANCE TO LAUNCH A RIVAL SERVICE TO EUROSTAR

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Faster rail journeys from the UK to France, the Netherlands and Germany could be a reality in two years as Air France-KLM has signalled its intention to run a rival train line to the current Eurostar service. Journey times are expected to be slashed from the 2hr 15min it currently takes to travel from London to Paris to just under two hours, with fares also predicted to fall when competition increases. The airline plans to launch its London to Paris and Paris to Amsterdam service by October 2010 according to reports. “This shows that airlines now realise that high-speed rail … Continue reading AIR FRANCE TO LAUNCH A RIVAL SERVICE TO EUROSTAR

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CYPRUS CONCERNED OVER EUROPEAN COURT RULINGS

Admin

As talks continue to find a solution to the Cyprus problem, a sense of pessimism exists in the Republic of Cyprus with fears that several cases about disputed land and property set to be ruled upon by the European Court of Human Rights (ECHR) and the European Court of Justice (ECJ) next year will not go its way. In a closed meeting last week, the Cyprus House Legal Affairs Committee was briefed by attorney-general Petros Clerides on the progress of cases at the ECHR and ECJ, with delegates leaving the meeting uncertain about what lies ahead for 2009. “Of course, … Continue reading CYPRUS CONCERNED OVER EUROPEAN COURT RULINGS

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SPANISH GOVT THROW DEVELOPERS A €3BN LIFELINE

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Spanish Prime Minister Jose Luis Rodriguez Zapatero has announced his government’s intentions to provide developers with a €3billion lifeline to help certain companies survive the economic downturn across the country. Speaking at a press conference on Wednesday, Zapatero outlined his plans amidst severe criticism of his government’s handling of the country’s economic situation, which has left over 2.5 million people unemployed – the majority from Spain’s once booming property sector. Under the plan, the government would provide struggling developers, unable to raise finance due to the large amounts of unsold stock and the credit crunch, financial assistance on the condition … Continue reading SPANISH GOVT THROW DEVELOPERS A €3BN LIFELINE