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February, 6th
According to the report of Hurriyet Daily News newspaper, Turkey’s construction sector grew by 10.6 percent in the 3rd quarter of last year, reaching a total volume of 15 billion Turkish Liras, according to data of the leading Turkish Constructors Association (TCA) released recently. The heat of the aggressive growth weakened by 2.8 percent in [...]
February, 2nd
Turkey’s leading fashion designers and clothing brands will meet together at the Istanbul Fashion Week between 8-11 February 2012 in Tepebasi – Taksim. Such familiar and famous names in the fashion world as Nejla Guvenc, Atil Kutoglu, Erol Albayrak, Aspen Büyükçınar, Gunseli Turkay, Zeynep Erdogan, John Saracoglu, Özlem Kaya, Simay Bulbul will present their individual [...]
January, 30th
According to the Bloomberg.com portal the value of New York City’s more than 1 million properties may rise 3.8 percent to $845.4 billion this fiscal year as the real estate market recovers, according to a projection by the city Finance Department. Commercial properties, including Manhattan’s signature office towers, will gain the most, with a 7.9 [...]
January, 28th
According to the latest data released by Abi (Italian Banking Association) the average interest rate on residential mortgages to buy first homes went up to 3.83% in December, compared to 3.70% in November. Abi blames also the increased share of fixed-rate mortgages, which went from 37.3% to 37.6% (31.8% in October 2011).
January, 24th
According to the OPP news, the German residential market is booming and investment volumes in the first 6 month of 2011 equalled the total amount spent in the full 12 month of 2011. The top-selling properties are the freehold apartments in all the major cities of Germany. In a year-on-year comparison, purchase prices in Munich [...]
January, 21st
The prices for the brand new properties in Turkey have been increasing steadily over the last 12 months and are expected to continue growing in 2012. According to the latest figures from the REIDIN report, the New property Price Index was fixed at 9.88% in December showing increase for 0.78% in comparison with November. The [...]
January, 19th
According to the new data released recently by Reserve Bank of India (RBI) wealthy Indians are pouring money into properties abroad. The figures show that spending on overseas property, stocks and gifts by Indians in the past five years has increased 30-fold. Outward remittance (investments or spending on assets and items abroad) under the Liberalized [...]
January, 16th
According to the property portal The propertywire.com based on the amount of inquiries received by the property portal The Move Channel, the most popular region in France for real estate in 2011 as PACA (Provence–Alps–Côte d’Azur) with 15,65% of all French real estate. Other southern regions are also popular with house “hunters”, with Aquitaine receiving [...]
January, 14th
According to the property portal Home Overseas, referring to the online source Balcans.com, the value of real estate on the Adriatic coast of Croatia increased by 1.3% in December 2011 over the same period last year, while the prices in the capital of Croatia – Zagreb has decreased by 3.2%. The coastal property price for [...]
January, 11th
The Mandarin Festival held by the Municipality of Bitez -Bodrum begins on Friday, January 13. All the necessary preparations for the 6th Mandarin festival have been completed and within few days it will welcome all the visitors. “Mandarins hold an important place in our life. We all place a very high revenue growing mandarins. And [...]
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