FEBRUARY 2012 |
www.opp.org.uk Contents ON THE RECORD THIS MONTH...
“Many Latin Americans invest in Florida as a safe haven from social and economic uncertainty at home. Brazilians, on the other hand, come to enjoy themselves and - perhaps - make a profi t.” Maximiliano Dupuis, International Division Director, Fortuna Realty. Agent Profi le: PAGE 43
“Coastal and recreational demand for property, the forthcoming World Cup and 2016 Olympic Games, all mean that overseas capital interested in the property development sector of this BRIC economy will come together.” Anthony Armstrong-Emery, CEO, EcoHouse Developments The Last Word: PAGE 56
GOLF REAL ESTATE: FLYING OR FLAGGING? (Page 35)
Golf tourism has been a lucrative, multi-billion dollar industry for years, and properties built alongside high-end golf courses have been part of the business for decades. However, as the global economic slump took hold, the number of golfers and golf courses fell away. In the U.S. developments and projects are under more and more pressure as the numbers increasingly look bleak, and many feel that the “glory years” are gone forever. But are we being too hasty from a global perspective? Is the dream all over, or is a new dawn for golfi ng real estate on the horizon in new parts of the world?
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EDITORIAL COMMENT It really does depend on where you are
08-09 INDUSTRY NEWS Swedish buyers fl ood into overseas property
10-11 INDUSTRY NEWS Montenegro is more than ‘just Moscow-on-Sea’
13 14 16 18
FINANCE NEWS Pension fund Calpers sells a fi fth of its portfolio
DEVELOPER & FRACTIONAL NEWS Luxury projects are safest bet says Nick Candy
MEDIA & TRAVEL NEWS Lagos win is good news for developers
PEOPLE: MOVERS & SHAKERS / EVENTS Key appointments and dates
20-21 YOUR SHOUT: LETTERS AND BLOGS Egypt will bounce back soon, leaner and fi tter
23
BUSINESS: LEGAL COLUMN How can projects get going with money so scarce?
24-25 CANADA OUTLOOK Can Vancouver continue to be a magnet for China?
26-27 FUNDING FIGURES Mortgage data analysis from the experts
28-29 SUSTAINABILITY What does 2012 hold for green development?
30-31 LETTER FROM BEIJING - OPP CHINA Get inside the mind of the typical Chinese investor
32-33 THE 55+ MARKET What is the future of the industry in Greece?
VANCOUVER SUPREME MARKET SNAPSHOT: ISTANBUL 35 37 38
FRACTIONAL Facing up to the “T” word - positioining is vital
INVESTMENTS Have we been too hasty in predicting fewer SIPPs?
NAR VIEWPOINT After a year to forget, is the US fi nally looking up?
40-41 FINANCE Why are banks and agencies partnering up?
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24 | Can this booming Canadian city remain a magnet for Chinese buyers or will the dragon burn itself out?
WHAT IS IN THAT CLOUD?
56 | Get the facts and fi gures behind one of Europe’s fastest-growing property investment hotbeds.
OPP AWARDS FOR EXCELLENCE 2011
AGENT PROFILE A look at two agencies selling Miami to Brazilians
44-46 REPORT: GOLF REAL ESTATE Is this industry rising up or is it out for the count?
49 49
OPP DIGITAL: THE CLOUD What is the cloud and how can it help your business?
THE OPP DEAL ZONE Find your next big opportunity in our new deal zone
53-55 FLORIDA MARKET REPORT Who is buying what in the Sunshine State
56-57 MARKET SNAPSHOT: ISTANBUL An emerging city with huge investment potential
59-62 OPP AWARDS FOR EXCELLENCE 2011 A look at our best regional developer winners
64-65 THE LAST WORD: ANTHONY ARMSTRONG-EMERY EcoHouse Developments owner talks to OPP
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49 | Get to grips with cloud technology. How can it help your business grow further, faster and more cheaply?
59 | Find out who won OPP’s awards for best regional developer ... and why. What did they tell the judges?
67
OPP TRADE DIRECTORY Useful industry names and contact details
CAREERS SECTION Find your next job in OPP
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