Creatot of Dynamic Tower, Dubai, named architect of the year – news for overseas property investors

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David Fisher, architect of the renowned Dynamic Tower to be constructed first in Dubai, has been honored as the worldwide Architect of the Year by The Developer & Builders Alliance, the group announced. Dr. Fisher was presented with the award at a [...]

Freehold ownership for Czech Republic property – news for overseas proeprty investors

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Foreigners should be able to buy residential property in the Czech Republic from next May if new measures are approved by parliament.
The Czech Cabinet has approved the move which will now be presented to politicians. They are expected to vote yes as [...]

Rival Cypriot leaders discuss power-sharing – news for overseas property investors

Cyprus’ rival community leaders met yesterday for talks on building a power-sharing formula, the latest negotiations on reunifying the island.
The island’s Greek Cypriot President Dimitris Christofias and Turkish Cypriot leader Mehmet Ali Talat concentrated on legislative powers in their seventh meeting since peace talks resumed Sept. 3 after a four-year stalemate.
Cyprus was divided into an [...]

Strong Performance for Abu Dhabi Property Developer – news for overseas property investors

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ALDAR Properties, Abu Dhabi’s premier real estate development, management and investment company, has reported a very strong financial performance during the first 3 quarters of 2008 with a 137.9% growth in net profit and a 111.9% rise in net asset [...]

Bulgaria Property Market Crashing? – news for overseas property investors

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Bulgaria’s property market is suffering a steep decline with desperate owners selling at huge losses and developers halting work on major projects.
Holiday properties are experiencing the worst of the decline as the market is saturated and developers struggle to find buyers for big [...]

Ajman Banks Share Offerings a Success – news for overseas property investors

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Ajman, 22 Oct. 2008 (WAM) – H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of ajman, presided today over a meeting of the ajman Islamic Bank’s Board of Directors.
The meeting was held following rousing success for the Bank’s Initial Public [...]