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Showing posts from July, 2018

Growth in Berlin during Brexit

Growth in Berlin during Brexit   German properties continue to grow during Brexit. Even the rentals are constantly growing in the city and property is rather unaffordable for the local buyers. Germany offered easy citizenships to Britons during Brexit, although, the country does not allow dual citizenships. It is treating Britons as citizens during the transaction phase and there are provisions where the people who lived for more than 5 years in the country will be given the settled status and citizenship benefits such as pensions and healthcare. During Brexit, Berlin is offering opportunities in commercial investment where rents are growing for the small and midsize tenants. The markets of Germany are transparent as compared to China. China growth declined from 7 to 4.5 per cent in 2017, and in the US, the home prices rose 6.3 per cent in 2017, where, Seattle showed the highest growth of 12.7 per cent – as per Knight Frank reports.  Investment inflow in Germany  B...

Holiday homes, office space and warehouses investment

During the recent visit to UK, US President announced to invest 150 million pounds in Menie estate to build 450 bedroom 5-star hotels, houses, holiday cottages and golf resorts. The plan has been submitted to the Aberdeenshire Council to build 500 homes and lavish five star hotels in the initial phase.  One of the largest alternative asset management companies of UK is investing in warehouses in many cities targeting the growth in online business. Warehouse rents keeps growing and the rental forecasts are expected to grow, even for smaller warehouses.  Korean asset management firm KKR – warehouse retailer invested US$229.90 million in shopping park in UK, Black Country, Birmingham, from a US seller in July, 2018 . Holiday homes  Sydney and Paris have been ranked the best cities for owning a holiday home, followed by St Lucia, Dubai and Greece city, Santorini by Hitachi Personal Finance and Airbnb. In the Middle East, Dubai is one of the most expensive cities, in terms of...

Airport Shuttle Service in Sydney, Metropolitan Area

Here To There offers Airport Shuttle Services and Private Transfers in the Sydney Metropolitan Area Pre-book with Here To There, and as soon as you arrive in Sydney, take a comfort in knowing that your pre-booked driver will be there to meet you in the terminal, within minutes of calling the office (or the driver direct, phone numbers provided via text message). Jump aboard your private or shared airport transfer (whichever you have booked)  from Sydney airport to your hotel, or any address in Sydney. Enjoy the confidence of knowing that your driver will be close by to whisk you away to the beginning of your exciting visit to Sydney. Here To There services Hotel or Cruise Ports and any other location in Sydney, either directly, or through their extensive partnership arrangements with the most trusted company’s in Sydney, all of which offer air-conditioned minivans or coaches. It’s an easy, and convenient service provided by Here To There to all passengers travelling to Syd...

Buying warehouse or investing in submarkets for office space

Warehouses are latest inclinations as the demand is growing due to growth in online shopping. The world’s largest brands are selling on internet and companies want small local warehouses, instead, of expensive central office space in cities e.g. London, Manchester, Liverpool etc. The largest online suppliers and companies such as Amazon are seeking local hubs or warehouses to store products.  In the EU, the property submarkets are growing for the same reasons. These smaller cities have some of the lowest priced properties offering great alternatives for office spaces. The cities such as Stockholm, Prague, Munich, and Amsterdam have submarkets in central locations or outside, while, such office spaces are bought by companies in the Europe seeking better locations.  Places such as Munich East offers such submarkets, similarly, Sloterdijk Telepoort (Amsterdam) offers lucrative submarkets for office space etc. Companies and employers living in some of the leading cities in the E...

Investment shifting to regional cities in commercial and hotel sector

London was the most attractive location for foreign investors in 2017 but now the increase in price and volatile returns have diverted investors to seek options in some of the other growing regions in the Northern England.  These cities are, especially, attractive to overseas buyers who are unfamiliar with the local issues of UK property market.  These companies are looking towards cities such as Manchester – which is one of the fastest growing regions and largest, in terms of, GDP and population.  A number of UK offices have opened branches in Manchester, where there exist a number of local universities – that is, indispensable to the growing population as children in the cities require universities to study. Also, travellers are attracted to the city, which raises the demand for hotels or holiday homes, and some local homebuyers are trying to get deals in such situations. In terms of rentals – West Midlands and North Wales (Wrexham) tenants are facing maximum increas...

Overseas investment in UK commercial properties

In the first half of 2018, sixty eight per cent of the London office spaces were bought by Asian buyers, and a number of holiday homes and hotels were bought by investors from the Middle East.   In July 2018, first presidential visit of the US president Trump to UK to finalize trade deals was made, where the president claimed the soft Brexit approach will be harmful for the UK and this may affect trade relationship with the US.  Middle East investors are seeking opportunities in the UK and as per CBRE reports; London is ahead of Washington and New York in overseas investments. Qatari Investment Authority has been investing in the UK since last 13 years and total amount invested till now is up to £30 billion. About 76 per cent of investors in the UK are from Asia. Singapore’s firm Ho Bee Land bought 21-storey tower for £650 million and Malaysian fund bought the Battersea Power Station for £1.6 billion. These were some of the most expensive deals in UK commercial propert...

Airport Transfer Sydney

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Western Sydney Shuttle Transfer

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Growth and rental prospects in health care sector

Apart from investment in London, investment in prime properties is offering lucrative returns. Despite Brexit and increase in taxes, the properties bought by international buyers in central London are dominating the property markets in the UK, where international buyers were responsible for making more than half of the key purchases in Q2 2017. Currently, the housing sector in the UK is dominated by private landlords, social landlords, developers, housing association and authorities. The health care sector offers flexible multi operational asset class where extreme shortage of care units has led to rise in rents. Undersupply of health care units raises the need to increase private supply of houses.  In Central London, only 3,178 beds and 20,357 retirement housing properties are available, which can satisfy only 10 per cent demand of the growing aging population.  Residential property value is two-times greater than the value of commercial property, and it stands at £5.9 tr...