Magazine Imobiliário announced the Portuguese Real Estate Personalities 2019 Awards on Thursday, September 12 at the sixth gala event held at the Hotel Vila Galé Collection Palácio dos Arcos in Oeiras. The publication distinguished Eugénio Sequeira with the Merit Award and Hugo Santos Ferreira, Rui Marques, João Roquette and Ana Mendes Godinho in the categories of Real Estate, Construction, Environment and Tourism respectively. Eugénio Sequeira, who currently is the Advisor to the National Council of the Environment and Sustainable Development, said that the award gave him “even more impetus in the fight for the sustainability of the planet which is becoming increasingly urgent with each day that goes by”. Hugo Santos Ferreira picked up the Personality of the Year Award for his tireless dedication to the Portuguese Association of Real Estate Investors and Developers (APPI) in promoting the industry both in Portugal and overseas and said he was … [Read more...] about Real estate personality awards of the year announced
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The housing market in Paris, France continues to defy expectations, with demand continually outstripping supply. Prices are steadily rising, and an era of low interest rates (accommodative monetary policy) is fuelling demand among new buyers. An op-ed in the New York Times by Roxana Popescu revealed some startling insights about the French property market. According to the data, the average home price for an existing apartment in the capital city is on the rise, significantly higher than the boom time with 2011 property prices. The sale price in the desirable Sixth Arrondissement spiked from €11,300 per square metre in January 2015 to €14,000 per square metre in January 2019. In affordable areas of Paris such as the 19th Arrondissement, prices rose from €6500 in January 2015 to €8350 in January 2019. -- Advertisement -- Clearly, Paris is not reflective of the overall market for French real estate. In the City of Lights, demand continually outpaces supply, … [Read more...] about French Real Estate and Brexit Matters: Where to Next?
The real estate market is maintaining the good momentum that it has enjoyed for the last few years, and this can be seen in the consultancy market, which is attracting new players despite the fact that some analysts are predicting a crisis in the near future. Consultancy in the real estate market has long been an unknown in terms of size and turnover. And it is still opaque when it comes to the small army of agents carrying out transactions involving old properties between private individuals. But for the big real estate players managing offices, industrial spaces and new residential buildings, things are different and estimates are available.RE / MAX Romania, part of the world leader in real estate and the world’s number one franchise on this segment, estimates that the real estate consultancy market in Romania has reached about EUR 80 million, and predicts that the market will double in size in five years. The report also found that while in 2014 the market was characterized by … [Read more...] about Real estate consultancy tipped to double in value in 5 years
BBJ Friday, May 17, 2019, 11:00 White Star Real Estate announced yesterday the start of construction of park22, a HUF 15 billion business park in Budapestʼs District XXII, to the south of the Buda side of the capital, state news wire MTI reports. An artistʼs visualization of the park22 project. (Image: park22.hu) The business parkʼs strategic location will serve specialized warehousing businesses and meet increased demand for storing online purchases, said. The first part of the three-phase project is planned to be is planned to be inaugurated in 2020. The park will have almost 61,000 sqm of rentable space. According to White Star, the warehouse building at park22 will have a 10 meter internal height (allowing 7.5 meters of storage height), a sprinkler system, flexible partitioning, mezzanine offices, separated HGV and personal car traffic routes within the park, as well as allocated parking for staff. The load capacity of the industrial floor will be up to … [Read more...] about White Star Real Estate constructs HUF 15 bln business park
Baku, Azerbaijan, May 16 By Rufiz Hafizoglu - Trend: In January-April 2019, Azerbaijani citizens purchased 374 real estate properties in Turkey, which is 117 real estate properties more than in the same period last year, Trend reports with reference to the Turkish Statistical Institute. In April 2019, Azerbaijani citizens bought 87 real estate properties in Turkey, which is 19 more properties more than in April 2018. In April 2019, a total of 84,400 real estate properties were sold in Turkey, which is 18.1 percent more compared to the same month of 2018. During the reporting period, 15,400 real estate properties were sold in Istanbul, 7,500 real estate properties in Ankara, and 4,700 real estate properties in Izmir. “The remaining 56,800 real estate properties account for other cities of Turkey,” the report said.In April 2019, 3,700 real estate properties were sold to foreigners in Turkey, which is 82.1 percent more compared to the same period in 2018. In April 2019, Iraqi … [Read more...] about Azerbaijani citizens buying more real estate in Turkey