The Bank of Greece forecasts a stable situation in the real estate market
The impact of the pandemic on the domestic and global economy may affect the Greek real estate market in the short term. But as soon as the situation normalizes, demand…

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The fed lowered its interest rate due to risks to the US economy
The regulator took emergency measures in connection with the spread of the coronavirus and the fall of markets. For the first time since the 2008 financial crisis, the rate decision…

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MIPIM international exhibition in Cannes postponed due to coronavirus
The organizers of the International commercial real estate exhibition decided to postpone the event to June. The international commercial real estate exhibition in Cannes, France, MIPIM has been postponed to…

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environment

Foreign investment in real estate in Greece has become a record

Sales of Greek real estate to foreigners soared by almost 30 % over the year and reached a record level in 2019 — 1.45 billion euros, writes Ekathimerini.

According to the Bank of Greece, in 2019, foreigners purchased real estate in the country for a total of 1.45 billion euros. This is 29.4% higher than the previous year-1.13 billion euros.

Real estate accounted for 35 % of foreign direct investment in the Greek economy, which amounted to 4.2 billion euros, according to Ekathimerini. Continue reading

Abu Dhabi to build 28,000 homes and apartments by 2023

The interest of foreigners in the capital of the UAE will grow thanks to” Golden visas ” and the ability to buy real estate in full ownership, according to the consulting company CBRE.

According to CBRE, from 2020 to 2023, another 28,000 objects will appear on the Abu Dhabi market, in addition to the existing 258,000, writes Arabian Business. The government’s initiatives are designed to boost the Abu Dhabi real estate market this year, according to a consulting company.

Analysts are confident that interest in the capital of the UAE will grow due to changes in the law, according to which foreigners will be able to buy property in full ownership in 15 investment zones of the country. Continue reading

International hotel investment forum IHIF in Berlin postponed due to coronavirus

The IHIF forum, which was scheduled to take place next week in the German capital, has been moved to may 2020, according to event organizers.

Organizers Of the international hotel investment forum IHIF announced today that the event was postponed to 4-6 may 2020 due to concerns about the coronavirus outbreak.

The world’s largest and most influential investment event in the hospitality industry was to be held next week-March 2-4, 2020 in Berlin. Continue reading

International hotel investment forum IHIF in Berlin postponed due to coronavirus
The IHIF forum, which was scheduled to take place next week in the German capital, has been moved to may 2020, according to event organizers. Organizers Of the international hotel…

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Russians became the second among foreigners in the number of residence permits in Spain received for investment
The share of Russians in the Golden visa program in Spain is close to 25 %. Russian citizens in terms of the number of residence permits received for investment are…

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Rental rates in Spain have increased by 50 % in five years
In some regions of the country, the growth of rental rates exceeded 60 %. Over the past five years, residential real estate rentals in Spain have risen in price by…

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France closes schools and universities due to coronavirus
The coronavirus epidemic is just beginning, warns Emmanuel macron. On the evening of Thursday, March 12, French President Emmanuel macron announced in a televised address to the nation that all…

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