Buzz on Singapore Orchard Road as Ion rents hit $80 psf
Luxury retail rentals enter unfamiliar territory with new benchmark
By ARTHUR SIM
(SINGAPORE) A new benchmark for retail rents on Orchard Road has been set at Ion Orchard with tenants paying a base rent of up to $80 psf per month. This is 60-80 per cent [...]
July 10, 2008 Prime rents poised to ease further JLL sees more falls over next half year but rest of market should stay stable By Joyce Teo THE surging rents in prime areas that have had expatriates screaming for the best part of a year look to be easing, with some condos already registering falls of up to 12 per cent. The declines are expected to intensify over the next three to six months, reve
July 9, 2008Super-prime Orchard mall rents hit record $54.40 psf5.3% increase qoq is highest of all retail micro markets tracked byCBREBy ARTHUR SIMCHANEL, Gucci, Louis Vuitton are big brands that scream 'highfashion' on Orchard Road.But lately, the screams are more likely to be the painful result ofrising rents.CB Richard Ellis (CBRE) said that super prime retail space - definedas space facing Or
Singapore Super-prime Orchard mall rents hit record $54.40 psf
5.3% increase qoq is highest of all retail micro markets tracked by CBRE
By ARTHUR SIM
CHANEL, Gucci, Louis Vuitton are big brands that scream ‘high fashion’ on Orchard Road.
But lately, the screams are more likely to be the painful result of rising rents.
CB Richard Ellis (CBRE) said that [...]
Knight Frank's global real estate market annual review reveals that prime office rents in Manchester are now £32 a sq ft, making it the 17th most expensive office address in the world - behind Moscow, London and Paris, but ahead of Rome, Sydney and Los Angeles.David Porter, head of north west commercial property at Knight Frank in Manchester, said: "These statistics underline the city's high prof
Singapore Office rents to rise 10%: RREEF
But no hike next year as new supply from key projects starts coming in
By ARTHUR SIM
OFFICE rents here are expected to rise a further 10 per cent or more this year - before growth all but disappears in 2009.
Upcoming bay views: Artist’s impression of the Marina Bay Financial Centre
According [...]
So I’ve been looking and looking at investment properties on the MLS with a more serious eye. Here’s a little phrase and it’s cousins I see popping up over and over.
“Rents could easily be more”
“Rents are below market”
“Increase the rent for excellent profits”
“Unit occupied by owner would get crap load of rent, no seriously it cou
Rents in Abu Dhabi, although have reached their maximum best, are likely to increase further, during the next few years, in view of the worsening shortage in supply, reveal recent reports.
According to the Abu Dhabi Chamber of Commerce and Industry The low and middle income expatriates will be the worst affected with the increase in rents, which have more than doubled during the past three years
Rental prices for office space in London's main financial district will fall at least 40 percent from their peak before recovering, the London-based Times newspaper reported, citing property investor Chris Bartram.Developers such as Land Securities Group Plc will scale back or delay some large planned buildings and move tenants to newer properties, and the current decline will be shorter than the
Office rents in Dubai have soared 30.7% during the past twelve months, making Dubai the tenth most expensive in the world, in fact, more expensive than New York's Manhattan, and could soon exceed those in the white hot Mumbai market, reports CB Richard Ellis (CBRE), a global commercial property services firm.
Mumbai rents had increased by just over 11.3% during the same period, and the city
New Delhi, Despite slow growth in rentals, Mumbai and Delhi remain among the world’s 10 most expensive cities to rent office space in, according to CB Richard Ellis Group’s semi-annual global market rents survey, results of which were announced here FridayHowever Mumbai, which was the world’s second most expensive office …A news by AsianLoveStories.com. [...]
Office rents in Viet Nam’s Grade A buildings have skyrocketed but one real estate firm predicts demand for these prime properties will slow.
Soaring inflation, a declining stock market and massive hikes in office rents are forcing multinational companies to reassess the size of their local workforce, CB Richard Ellis Viet Nam (CBRE) said Thursday.
Some companies are splitting their operations
UK buy-to-let investors are being tempted by offers of guaranteed rents on property deals around the world, but how good are these deals in real terms and will there be any rental demand once the guaranteed period ends?Worldwide opportunitiesInvestors are looking beyond the overcrowded UK market for untapped property hotspots in Eastern Europe, the Middle East and out to the Far East.Deciding on t
Many landlords have been suspicious of the transition from Housing Benefits to Local Housing Allowance (LHA), however one benefit that HAS come is the greater transparency that is now possible.
The Government’s rent service is now publishing the LHA figures that councils will pay for benefits tenants online. You can search by postcode at:
Please remember [...]
Enigmes Cryptées — PARTIE I
5(2) 12(3) 19(1) = SEL
2(1) 5(5) 5(2) 7(4) 12(3) = BELGE
2(1) 5(6) 5(5) 12(4) 18(2) 19(7) 21(3) = ?..
PARTIE II
3(1) 5(1) 7(2) = SEL
2(1) 3(2) 13(1) 157(1) = BELGE
2(3) 3(3) 7(1) [...] Deux cryptages différents... sur P2TPrise2Tete c'est des enigmes, des jeux, des tests ! Exemples : enigme visuelle trou jaune les lapin font des saut enigme de la course a
Here's a blurb about apartment rents in Portland going up: The report states that no metropolitan area has a surplus in rental housing for the lowest income earners. Portland is no exception, says Tim O'Brien, principal at Hagerman Frick O'Brien, a real estate investment firm specializing in multifamily housing. Unlike other parts of the country, O'Brien says, Portland is not overbuilt. This resul
I have been saying for months that the cutback by major mortgage companies on lending to "sub prime" borrowers should cause rents to increase pretty substantially. I know that there are investor buyers operating under this same assumption.A LinkedIn question though suggests just the opposite: Do you anticipate seeing rents dramatically DECREASE due to the glut of vacant housing?from LinkedIn Ans
A continuing shortage of office space in downtown Ho Chi Minh City has pushed rents even higher, forcing tenants to choose between putting up with cramped conditions or moving out of the city center.
The average monthly rent in grade-A buildings, including Sunwah and Metropolitan, has soared to more than US$80 per square meter, including service charges and value-added tax.
When rents were $75
May 8, 2008 Suntec mall tenants seeking lower rents Tenants at the new Galleria see red over low traffic and sales that barely cover rent By Joyce Teo FED-UP tenants at the posh new Galleria area of Suntec City Mall say shopper traffic is so low that they can barely cover the rent. Yet, they say, the landlord has not done much to help them out. Ten tenants, including retail giants Robinsons and Ossia International, have written to ask the landlord, Suntec Reit, to address their continuing losses. They also said that not enough is being done to promote the upmarket shopping zone. Ossia executive chairman Joe Goh said: 'We are paying Orchard Road rents. It's too expensive, and the traffic is too low.' Some retailers have stopped paying rent, another has closed down, while others are trying
Singapore Suntec mall tenants seeking lower rents
Tenants at the new Galleria see red over low traffic and sales that barely cover rent
By Joyce Teo, Property Correspondent
FED-UP tenants at the posh new Galleria area of Suntec City Mall say shopper traffic is so low that they can barely cover the rent. Yet, they say, the landlord [...]
Short supply is to blame for the sky high rents of Hanoi office space, which now rise above the rates of other Asian capital cities such as Beijing and Bangkok.
A recent survey conducted by real estate firm CBRE showed rents for A-rating offices average 50 USD per sq. m. a month, up by 28% since late 2007. Offices in sought after locations have been fetching up to 66 or 70 USD per sq. m. a month
Business Times - 26 Apr 2008 Higher rents boost UIC, SingLand Q1 earnings HIGHER hotel and rental takings boosted the earnings of Singapore Land and parent United Industrial Corp (UIC) in the first quarter of this year.SingLand's net profit rose 20 per cent to $33.7 million as revenue rose 85 per cent to $83 million in the three months to March 31, due mainly to the contribution from the Pan Pacific Singapore hotel and higher rental income. Earnings per share increased to 8.2 cents from 6.8 cents.Following Marina Centre Holdings' acquisition in April 2007 of the remaining 50 per cent interest in Hotel Marina City (HMC), which owns Pan Pacific Singapore, HMC became a wholly owned subsidiary of SingLand.Gross rental income at $52.2 million was up 20 per cent, attributable mainly to higher re
Rentals in the National Capital region are expected to stabilize in the next quarter as supply is set to increase Gurgaon and Noida, says a report.
According to commercial real estate services firm CB Richard Ellis, rentals are expected to be stable in the next quarter as the supply is set to increase significantly in Gurgaon [...]
Hong Kong has the world’s priciest apartment rents, with the lease for a three-bedroom unit costing more than US$9,700 on average a month, a survey released this week said.
Singapore, which positions itself as a Southeast Asian business hub, saw Asia’s biggest year-on-year rental increase of more than 30 percent last year, the survey by human resources firm ECA International showed.
The survey
So you need to look for party rentals for your daughter’s birthday party, unfortunately, you do not have the patience to go out and look for one. It would be a good idea to visit which offers inflatable party rentals if your daughter was thinking about something perky and bouncy and water slide party [...]
April 17, 2008 GLOBAL PROPERTY SURVEYS'pore apartment rents are 9th highest SINGAPORE is the ninth most expensive place to rent a three-bedroom apartment, according to a survey. Rents surged by 33 per cent last year, boosted by companies expanding operations at a time of limited supply of property, said the survey report, which was released yesterday. A three-bedroom unit in popular expatriate areas such as Orchard Road costs about US$4,460 (S$6,046) a month on average to rent, compared with about US$3,364 in 2006. But Singapore's rents are far below those of Hong Kong, which is the world's most expensive place to rent a three-bedroom apartment. The annual survey by human resources firm ECA International collected rental costs in 92 locations last September and converted them to US dollars
According to the source Rentomatics.com -- which pulled from its 8 million apartment listings -- rents for apartments varied greatly during 2007, rising in San Francisco but falling in Phoenix, thus proving that real estate is actually a lot more complicated than simple calculations involving incomes, prices and rents. In places like Phoenix, it wasn't an over-supply of apartments that hit median rents, it was an over-supply of new, single-family homes that compete with apartments for the same tenants. From an MSNBC story:A curious thing happened during 2007 while the mortgage market was imploding: Median apartment rental prices in major cities shifted dramatically, dropping by up to nine percent in some markets — Phoenix — and rising as much as 14.6 percent in others — San Francis
Agyness Deyn, British supermodel, has rented an apartment in New York.And it was so tiny that its bathroom did not have space for a sink. Agyness brushes her teeth at the kitchen sink. It was not exactly a mystery why Agyness has subjected herself to such discomfort since she could well afford to rent the biggest apartment with her immense wealth.
Singapore Office rents moderate in first quarter of this year
Figures expected to stay strong due to high demand, tight supply, says CBRE
By Jessica Cheam
THE verdict is in: prime office rents - which shot up last year - have slowed down in the first three months of this year.
Like residential property, office rentals did appreciate in [...]
April 8, 2008S'pore Grade A office rents continue to rise in Q18.4% surge driven by banks with eye on private wealth management in AsiaBy ARTHUR SIM OFFICE rents in Singapore continued to power ahead in the first quarter of this year, despite a slowdown in the US economy and possible fallout for Asia.According to a Jones Lang LaSalle (JLL) report, the CBD core Grade A gross effective office rent now stands at $17.35 per sq ft per month -an increase of 8.4 per cent from $16 psf per month in Q4 2007.JLL said: 'Amid a slowdown in the US economy, the Singapore office market remains positive with sustained rental growth recorded island-wide.'Chris Archibold, JLL's national director and head of commercial markets, said he was 'quite surprised' by the 8.4 per cent increase in Grade A rents, espec
April 8, 2008 Office rents moderate in first quarter of this year Figures expected to stay strong due to high demand, tight supply, says CBRE By Jessica Cheam THE verdict is in: prime office rents - which shot up last year - have slowed down in the first three months of this year. Like residential property, office rentals did appreciate in the first quarter but at a slower pace than in the four quarters last year, said property consultancy CB Richard Ellis (CBRE). But unlike homes, offices will still be able to achieve high rents due to strong demand and a lack of supply, said CBRE in a report released yesterday. Prime office rents were up 6.7 per cent at an average of $16 per sq ft (psf) per month in the first quarter, while Grade A office space - the best grade of space - climbed 8.7 per
The average asking rent for U.S. apartments rose 1 percent in the first three months of 2008, the 24th consecutive quarterly gain, as the U.S. housing slump deterred people from buying homes, according to real estate research firm Reis Inc.
San Francisco had the most rapid rental growth at 11.1 percent, followed by San Jose, California, [...]
In a recently released survey by a top international real estate firm, Turkey has seen several prime business locations with rents rising substantially over the past year. Three locations in the country came in at the top of the list for increased rates, with two of these in the city of Istanbul, the country’s financial and business center. Recent development and investment in the city and country has led to an increased need for office space as well as living quarters for businesses from both local and international investors
Increasingly high rents are pushing some Ho Chi Minh City businesses out of downtown. When HCMC’s Saigon Trade Center rent went up from US$28 to $35 per square meter (sq.m) last year, Bui Viet Thuy Tien had to move her travel company elsewhere.
Now that rent at the company’s new location in the nearby Miss Aodai building is likely to rise by as much as 45 percent from its current $24 per sq.m,
As per reports, Dubai continued to witness huge demand for office space last year, with the emirate reflecting one of the highest global rental yields for commercial premises, ranging 17 to 18 percent.
Asteco, in its quarterly market research, reported that there was a huge increase in capital values, particularly, in locations where the new buildings were nearing completion.
The rents for
“Clearly, the demand has slowed, but there’s still demand for space out there,” said David Begelfer, president of the National Association of Industrial and Office Properties of Massachusetts.But until recently, the market for Class A office space was sizzling in Boston, with some rent requests spilling over the $90 per-square-foot mark.Now, rents have come back to earth, stabilizing in the past month in the $70-$85 range, as economic news has grown more grim nationwide and as some larger companies worry where the economy is going.
According to an article on Forbes.com, the median rent in San Francisco weighs in as one of the heftiest nationwide: $1908 per month. If you’re looking in prime areas, you may end up paying...
Curious about San Francisco Real Estate? Want to know how to buy? When to sell? Who's doing what? Here's the place to find out what you want?or need?to know about the market.
According to an article on Forbes.com, the median rent in San Francisco weighs in as one of the heftiest nationwide: $1908 per month. If you’re looking in prime areas, you may end up paying...
Do you want to know what's happening in the mile or so around Dolores Park? Stop by the blog for neighborhood photos, current events, and a little Real Estate info, too.
The Sunday papers are always a treasure trove filled with interesting news about the residential real estate industry. The Chicago Tribune of Jan. 6 was no exception.The paper’s real estate section featured an intriguing story written by reporter Anne Brennan. The feature asks Chicago real estate pros to predict what they think are going to be some of the top real estate trends in 2008.One trend that immediately caught my attention: The cost of renting an apartment in the Chicago area is going up.Brenann quotes Maurice Ortiz, marketing director for The Apartment People—probably the best-known apartment-finding service in the area—as saying that rents in the Chicago area are rising quickly. Ortiz says that rents are rising as much as 10 percent to 12 percent in the downtown Chicago ar
Last week I noticed an article posted on MSN Real Estate titled “Rents take big jump in 3rd quarter”. In San Francisco, rents have always been damn high anyway - but with more buyers afraid to buy these days (and yes, there are plenty of qualified buyers out there reading the doom and gloom articles and waiting for them to come to fruition before they decide to spend money in San Francisco Real Estate) rental inventory is going down, and as is typical with supply and demand - rental prices are going UP!
The article points out that “The biggest rent increases came in more expensive coastal markets, where home prices have escalated over the past several years. Here, Chandan says, buyers are nervous about sliding prices, but are also put off by the continued lack of affordable housing and the rising interest rates on the jumbo loans required to purchase houses”
So instead of buying, they’re renting. And this increased demand for rentals in San Francis
The office rents in Dubai, and Doha are likely to go up by 20% next year, as the demand surpasses supply, and due to the expansion of international business in the Gulf region, revealed the property services company, CB Richard Ellis.
"The top-quality offices in Dubai, cost as much as Dh.500 per square foot, and this in-turn could increase prices to Dh.600 per square feet next year, which would
As a student,one hassle of going to school is to take a public transport from my house to my school.This can be really frustrating and time consuming if it so happens that I meet with a traffic jam on a particular day.I will never reach school on time or perhaps reach home on time to watch my favourite TV show or blog.If given a choice,I would love to rent an apartment near to my school
This
AUSTIN (Austin American-Statesman, Austin Business Journal) – Third quarter rents continued to rise in the Capital City while occupancies held steady, new figures from Oxford Commercial show.
Rents for Class-A office space averaged $29.84 per square foot, up from $25.15 a year ago. Occupancy was at 88.3 percent, down slightly from 88.4 percent a year ago.
Occupancy among all classes was at 86.2 percent, down from 86.6 a year ago. Rents rose to $25.37, up from $21.62 a year ago.
Companies leased more than 245,000 square feet of office space during the third quarter, up from almost 36,000 square feet in the previous quarter.
The top three submarkets in terms of absorption were Far Northwest (more than 82,500 square feet) North Central (more than 65,500) and Northwest (more than 34,500).
The industrial sector absorbed just over 454,000 square feet in the third quarter, a decline from the more than 594,700 square feet taken in the second quarter. Total occupancy stands at 91.5 p
Apparently so, from a study done by the Center for Housing Policy a week ago – Noelle Knox from USA Today reported that the study said that “one in four renters are paying more than half their income on rent, the highest level in two decades. It projects that rents will rise about 4 percent this year and next because of a shortfall in apartment construction.
At the same time, more renters are renewing their leases because they can’t qualify for a mortgage. That demand threatens to drive rents still higher.”
The question that every renter in San Francisco and in the Bay Area should be asking is “will this affect my rent?” The short answer is “maybe” if this study is accurate. I’ve spoken with my fellow REALTORS and a few Real Estate Investors and one of them said that she had notice rental increases within the Sunset District in San Francisco.
When you see and read reports like this, it makes you wonder why isn’t everyone who’s a renter not look into their o
After several years of upward movement, second-quarter activity in Boston's office market was "almost at the peak achieved in 2000," according to a new report from Jones Lang LaSalle, a Chicago real estate money management and services firm with a big presence in Boston. Rents and vacancy rates are nearing levels that "invite new construction for the first time in three years," noted William P. Barrack, the Jones Lang LaSalle managing director who authored the report on the Boston office market.
Home prices in Sydney fell somewhat in the last quarter, but rents have not. As the housing market has risen over the past several years, renting has become more and more popular. As a result, rental prices have continued to rise, even as housing has slowed a bit. Real estate investors, both domestic and international, have been reaping the rewards of Sydney’s market and now are looking at the rental market for increased returns.
Dubai Industrial City, a subsidiary of Dubai Holding, has rented out its land for an investment worth Dh.777million. Thirty new factories are expected to come up next year.About 25% of first phase infrastructure is already completed and by 2015, work within Industrial City will be ready.The CEO of Dubai Industrial City, Rashid Al Ansari, said "There are 388 new world investors in town and the infrastructure contracts worth Dh.777 million have been signed to construct a network of roads and primary services. The city has six main sectors namely metallurgy, chemicals, equipment, food resources and beverages, construction materials, communication, equipment and machinery. The city will offer lands on lease for 49 years, which could be later renewed for another fifty years."The Dubai Industrial City Real Estate Development will cover an area of 62 million Square meters and with the first phase of the project worth Dh.734 million. The city will contribute Dh.36.7billion to Dubai's GDP by 2
A real estate firm has predicted that the price of rents in Qatar will increase. Reg Barichievy, general manager of a real estate firm in Qatar, believes that there will two years of rent rises before there is any fall. Qatar Journal mentions that many Qatar Living readers are sceptical.These things are notoriously difficult to predict, and I am certainly not brave enough to guess what's going to happen. It is interesting, though, that a recent article reported that some landlords were holding on to empty apartments rather than accepting lower rents, which suggests rents are already too high.Huge building has been continuing in Doha suggesting that the supply of property is going to increase. Silmutaneously, there seems a distinct possibility of a global slow-down with the sub-prime morgage crisis in America and a shortage of credit around the world. Perhaps Reg believes that the huge predicted growth in Qatar's gas output will innure Qatar to these factors. If he has right, we could
The industrial real estate market fell short of expectations during Q2, with demand slightly below anticipated levels, according to a report by Colliers International, the global real estate services firm. That said, rents managed a fairly robust increase during the April through June period.
Wall Street investors like The Blackstone Group, Broadway Partners, Normandy Real Estate Partners, and Beacon Capital Partners have been enjoying quite a ride in Boston, as rents and vacancies have reached respective highs and lows not seen in more than six years: Average asking Class A office rents in Boston have climbed from $47 per square foot in the first quarter to $52/SF at the close of Q2, while office vacancy has dropped to 10%. More dramatically, some high-rise asking rents in the top floors have reached $90/SF, and vacancy in the Financial District and Back Bay for Class A space is about 6%. As less choice inventory is available, many companies are looking at Class B buildings downtown, but rates in that market are climbing almost as quickly, up from $35/SF last quarter to $38/SF today. Dictating these terms, Wall Street investors have swooped into Boston and other metro markets nationwide, aiming to gobble up prime portfolios, make a relatively quick killing, and then fly
Je discutais avec Guillaume, qui est en train de créer un jeu de rôle sur blog, sur un plug in permettant de créer des ranks suivant le nombre de commentaire poster.
J’ai enfin trouver ce genre de plugin sous Wordpress, nommé Rank Plugin.
J’ai plus qu’à définir les rank suivant le nombre de commentaire, pour le moment il y a celui par défaut. J’avouerais que je n’ai pas trop d’idée pour le moment. Ce sera sûrement sur le thème “Secte”, avec des adepte, adorateur… le gourou étant le Green Pudding qui sera associée à mon pseudo (non non, je ne me prend pas pour un gourou). Ou bien sur le thème “Fantasy”.
Ceci dit, si vous avez des idées, n’hésitez pas à me les soumettre.
J’ai la possibilité d’afficher des icônes ou images à chaque rank. Sur ce blog, j’ai découvert le site Icone Archive, je pense que je prendrais quelque icône de ce site.
Voila pour le moment, suite dans le prochaine épisode.
Helran
Edit : Guillaume a re
Je discutais avec Guillaume, qui est en train de créer un jeu de rôle sur blog, sur un plug in permettant de créer des ranks suivant le nombre de commentaire poster.
J’ai enfin trouver ce genre de plugin sous Wordpress, nommé Rank Plugin.
J’ai plus qu’à définir les rank suivant le nombre de commentaire, pour le moment il y a celui par défaut. J’avouerais que je n’ai pas trop d’idée pour le moment. Ce sera sûrement sur le thème "Secte", avec des adepte, adorateur… le gourou étant le Green Pudding qui sera associée à mon pseudo (non non, je ne me prend pas pour un gourou). Ou bien sur le thème "Fantasy".
Ceci dit, si vous avez des idées, n’hésitez pas à me les soumettre.
J’ai la possibilité d’afficher des icônes ou images à chaque rank. Sur ce blog, j’ai découvert le site Icone Archive, je pense que je prendrais quelque icône de ce site.
Voila pour le moment, suite dans le prochai
A total of 14 buildings worldwide sold for more than $1 billion in the first half of this year – five of these have been in London. Earlier this week, Royal Bank of Scotland Group sold the 42-storey Citigroup European headquarters in Canary Wharf, London, to Irish investor Derek Quinlan for the sum of $2 billion, representing the second largest property transaction in British history.
This is the juggernaut area now, if it continues some might mistakenly refer to it as an office rent bubble. It’s not. It is totally driven by the fundamentals of the market.
You can read the article here.
But, is now the right time to buy commercial office space for the average investor? No. Your competition have very deep pockets and you are not likely to be successful.
But, it is time to consider REITs that concentrate on this sector. I don’t make individual recommendations but a google and yahoo are your friends in this area.
This is the juggernaut area now, if it continues some might mistakenly refer to it as an office rent bubble. It’s not. It is totally driven by the fundamentals of the market.
You can read the article here.
But, is now the right time to buy commercial office space for the average investor? No. Your competition have very deep pockets and you are not likely to be successful.
But, it is time to consider REITs that concentrate on this sector. I don’t make individual recommendations but a google and yahoo are your friends in this area.
Soaring rents and increasing demand for Indian real estate is encouraging retail majors to negotiate with small property developers for establishing shops.
These small developers are always in a lookout to associate themselves with reputed brands like Reliance Retail, AV Birla Retail, Bharti Retail among others.
Talking about Aditya Group, it acquires a land in the NCR and the Angel Group which has opened the Angel Mall in Ghaziabad, as an interim arrangement, to set up over great space for hypermarkets next to their emerging malls to be used by these retail giants till the time as the malls are fully operational.
Following in footsteps are other large scale developers including the prominent names such as DLF, Unitech, and the Rahejas together control 65% of the land banks in India, while the remaining is divided among the small developers.
Contrary to this, a number of regional developers and smaller retail chains like Cottons by Century, who have to position themselves at malls by l
The office rents at Abu Dhabi has almost doubled during the last five months, says a recent report. Abu Dhabi, New Delhi and Sofia had witnessed the fastest growing office rents in the world during the past year, says data from CB Richard Ellis, a consulting firm.The company reported London and Tokyo to be the most expensive office locations in the world. In London, the West End has an average rent rate of $241 (Dh.885) per Sq.Ft. for prime office accommodation.New Delhi, too, made its entry into the top ten, replacing Mumbai, due to continued boom in information technology operations and in data-center. However, the fastest growing office rents were reported to be in Abu Dhabi, with rents more than doubling during the said period.Sofia in Bulgaria was the third fastest growing rent market, with 63 percent increase in rents.The world’s highest average apartment rents for expatriates were reported in Hong Kong, which was well ahead of New York, Tokyo and even London. On the whole, hal
Dubai is experiencing a shortage of affordable rental property which has driven rents up in both residential and commercial property. Dubai has over 27 million square feet of office space under construction. The Central Business District alone has office space totals to about 15.86 million square feet. Mr. Ian Albert, Regional Director, Colliers International remarked on the situation revealing that Dubai office space is equivalent to that available in Geneva, Rio De Janeiro, Beijing and Singapore.
Tous les humains sont différents. Chacun à son style, ses croyances. Pourquoi chercher seulement à critiquer ces différences? Pourquoi n'essayons-nous pas plutôt de les exploiter à leur plein potentiel pour créer un monde meilleur?
The office space market is recovering quickly after a five-year low, and prices are rebounding to the peak levels of 2000.One extreme example of the this is the deal that Meshulam Levinstein Contracting and Engineering Ltd. is about to sign; Levinstein will lease the top two floors, the 30th and 31st, of the Levinstein Tower (also called Discount Tower) on the corner of Yehuda Halevi and Herzl Streets in Tel Aviv, to two US investment houses, for a record price of $27 per sq.m., per month, the likes of which have not been seen since the heady days of 2000.Read more...http://www.jpost.com/servlet/Satellite?cid=1167467727060&pagename=JPost%2FJPArticle%2FShowFull
Le vieil homme, le pas mou, dut écraser quelque chose sur son passage, une queue laissée à l’abandon sur le couloir par son propriétaire, un chien d’agrément qui répondait au nom de Goupio. Ce devait être aussi un de ces chiens qu’on dit savants pour avoir ainsi dominé sa douleur, fait preuve de sang-froid, de dolorisme et même de philosophie, en se ressaisissant avec un air muet, à peine désabusé, là où un Marocain moyen en serait venu aux gros mots, Tout bonnement : Makatchoufch al 7ayawanne (1) ! L’homme ne s’en était même pas aperçu. C’est pourquoi, présumèrent tous les habitués du coin, continua-t-il sur sa lancée, droit sur la table au fond du café, où trois autres vieux l’attentaient déjà, chacun à la main un verre de thé à la menthe. Tou
McVeigh picks up the Ryder rental truck in Junction City from Elliot's Body Shop using the name 'Robert Kling'. The rental agent will later tell the FBI that two people rented the truck, Employees of Elliot's Body Shop will also later provide descriptions of both men to FBI sketch artists for suspect sketches of John Doe #1 and #2 released on April 20th. [Searching for John Doe No. 2 09/04/95 ()]. The truck is then driven back to the Dreamland Motel. Later in the day Donald Hood notices a man resembling John Doe No. 2 who leaves the office of the Dreamland Motel and gets into the driver’s seat of a Ryder truck, at the same time McVeigh comes out of his room and gets into the passenger side. The men leave together. [Searching for John Doe No. 2 09/04/95 ()]
SHOW ME WHAT YOU GOT: After finding out his rented crib overlooking Central Park was up for sale, Jay-Z nabbed a $65,000 a month apartment on the top floor of Trump Tower, right above Derek Jeter ...
These findings are contained in the third quarter ARLA Survey of Member Letting Agents, published today 14 September. This is the largest survey of its kind produced for the private rented sector and the buy to let marketThe healthy balance between supply and demand in the private rented sector in most parts of the country is reported in the survey. ARLA believes this could lead to a shortage of rental property before long.The value of houses on the rental market increased by 3.8% overall, while flats rose by 5.8%. Rental flats in prime central London gained an impressive 12.9% rise in their capital values.A healthy balance between supply and demand is reported for the whole rental market. Over a third of ARLA members' offices reported more tenants than properties available. Only 37% of all offices reported more properties than tenants.Warned ARLA Chief Executive, Adrian Turner, "This very healthy balance between supply and demand could well indicate that it may not be long before the
It's true.
What I am seeing, Rents, from neighborhood to neighborhood in Austin, Cedar Park, Pflugerville, and Round Rock in North and Northwest Austin seem to be heading upwards for the first time in a long time. Single family home rates have been stuck in a paradigm for several years, forcing property investors ...
En prenant un café aujourd'hui, j'ai eu la chance d'admirer un magnifique parc avec différentes sortes de sakura. Il y avait des "somei yoshino" (染井吉野, la variété la plus répandue), des "yama zakura" (山桜, sakura de montagne), des "yae zakura" (八重桜, sakura à fleurs doubles), et des "shidare ...
