FEBRUARY 2011 |
www.opp.org.uk Contents ON THE RECORD THIS MONTH...
“Courage is key to success this year. As Goethe said: ‘whatever you can do or dream you can begin it. Boldness has genius, magic and power in it.’ And, for me, life is not about waiting until the storm passes, it is about learning to dance in the eye of the storm.” MARK JEFFERY. ORIGEN. LEADERSHIP AND VISION: PAGE 7
“ By the end of 2011 government pressure will lead to banks lowering their lending criteria a little and being more receptive to innovative (but sensible) funding proposals. Now is the time to start putting together the fi nancing packages that will enable clients to buy overseas.” JOHN HOWELL. LEGAL COLUMN: PAGE 32
05 07
EDITORIAL COMMENT Trouble in store for pension investors?
LEADERSHIP AND VISION Time to implement those new ideas
08-09 INDUSTRY NEWS Harlequin wins major libel case
10-11 INDUSTRY NEWS Invest in overseas property says WPG report
12 13 14 16 18 INVESTMENT REPORT. A KEY MARKET (Pg 46-53)
In the future, no-one will opt for whole ownership of a holiday or second home overseas say Rocksure. The future is in shared ownership. OPP looks at what is happening on the funding front reporting from Paris, where Rocksure has unveiled the fi rst property in its planned portfolio of European city centre investments. We also take a look at tapping into the pension fund markets in the UK and the USA. There is still plenty of potential here, but more and more industry experts are worried about misleading and inappropriate schemes leading investors astray. It pays to help clients get it right and invest wisely.
FARMLAND: ALTERNATIVE INVESTMENTS OPP AWARDS FOR EXCELLENCE 2010 20
FINANCE NEWS Banks get ready to loan again
DEVELOPER NEWS Hospitality opportunities missed in Turkey
FRACTIONAL NEWS Fractional life in general gets serious
MEDIA NEWS Online search bucks seasonal trend
TRAVEL AND TOURISM NEWS Where are this year’s holiday hotspots?
PEOPLE: MOVERS & SHAKERS Zoopla makes marketing move for Harper
24-25 LETTERS - YOUR SHOUT Upsides to the new EU Timeshare Directive
26-27 NAR COLUMN The big picture for US property, in detail
28
AIPP COLUMN Honesty really is the best policy
30-31 55-PLUS COLUMN Get your research right before you begin
32
LEGAL COLUMN Predictions and prophecies from John Howell
34-35 OMF & MONEYCORP COLUMN Mortgage data analysis from the experts
38-39 ALTERNATIVE INVESTMENTS COLUMN There’s money to be made, down on the farm
41 43
38 | Feed the world: tell your clients to invest in farmland as the global population grows and arable land shrinks
THE OPP INTERVIEW: CARDEA
56 | Find out who won the 2010 Innovation and Fractional Service categories... and why.
MARKET SNAPSHOT: ITALY 45
FRACTIONAL COLUMN Tighter legislation could be a good thing
MORTGAGE COLUMN Avoid distressed bargains, go France or Spain
SUSTAINABILITY COLUMN The key factors that shape any green build
47-53 INVESTMENT REPORT Savers are looking at diff erent ways to buy
54-55 MARKET SNAPSHOT- ITALY All the facts on this perennial favourite
56-58 OPP AWARDS FOR EXCELLENCE 2010 Meet the Innovation and Fractional winners
60-61 DIGITAL MEDIA - RGM What is going geosocial all about?
64-65 THE OPP INTERVIEW What are Cardea’s two founders working on?
62-63 OPP TRADE DIRECTORY Contacts and opportunities
64 | Meet two young overseas property entrepreneurs working hard on the luxury beachfront of St Lucia.
54 | Find out all the facts and fi gures on a country that remained a perennial investment favourite for decades.
66
CAREERS SECTION Find your next job in OPP
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