Although economic headwinds have thrown international markets off course, the Philippine economy has managed to stay on a relatively even keel. Local authorities note that while GDP growth slowed in 2011 relative to 2010 due to weak external demand and government underspending, household
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Rapid expansion in Papua New Guinea’s property market is set to be further heated by new foreign investment. However, industry players reject fears of a bubble and predict that rising prices will soon stabilise.
Economic update | Sharjah: Homing In
29 Mar 2012
Sharjah’s real estate and construction sector could be in for a welcome boost as the government looks to address the shortage of affordable housing in the emirate. And while lower prices in neighbouring rental markets could have a knock-on effect, the emirate’s prospects for real estate growth in 2012 are promising.
Economic update | Indonesia: Real estate riding high
19 Mar 2012
Jakarta’s property market is in the midst of a boom driving growth across both the sector’s residential and commercial segments. A combination of strong domestic demand, low interest rates and increased foreign investor confidence is thought to be behind the trend which is expected to continue during 2012, forming a key component of Indonesia’s economic growth.
Economic update | Turkey: Retail rules in real estate
14 Mar 2012
The minarets of Istanbul’s Hagia Sofia, an iconic part of the city’s skyline, will soon be joined by a tower to become one of the tallest buildings in Europe. The Scottish-designed tower, part of “Metropol Istanbul”, will be located in the new financial district in Ataşehir, which is now beginning to take shape.
Malgré l’interruption inévitable des projets de construction et des ventes immobilières au plus fort des manifestations du Printemps arabe début 2011, le marché tunisien de l’immobilier montre des signes de reprise à moyen terme. Le secteur demeure l’un des plus attractifs d’Afrique du Nord et les récents bouleversements politiques ne l’ont pas empêché d’attirer des capitaux étrangers.