Category Archives: Real Estate

Financial, Real Estate

GCN-CANADA SIGNS FUNDING AGREEMENT WITH HIRAM ESTATES INVESTMENTS OF EGYPT

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Ottawa – Canada – February 7, 2011

The Emerald Coast Plaza Resort Hotel will be a 30-storey luxury hotel and condom inium combo featuring a 250-room 5-star hotel in its lower 10 stories and 200 luxury condominiums in the top 20 floors, built above a grand duty-free shopping mall and entertainment center and casino, overlooking the development’s 2 km-long private beach. It will be the central focus of a larger complex with a boardwalk, fine dining restaurants, a business and financial center, and a full service deep water marina, and forms an integral part of the core Emerald Coast Development. Later Phases will see the construction of luxury villas and time-share chalets, a golf course, an arts and entertainment center with live theatre and movieplex, a convention center, an artificial island with additional luxury accommodations, and more. The financial and off-shore banking activities that will be the main engine of the Emerald Coast Development will be initially housed in the hotel/mall until the separate financial district is completed sometime in Years 3-4 of construction.

Mr. Emad Mahgoub, Chairman of Hiram Estates Investments, has had extensive experience with banks and finance institutions in the Middle East, and has worked with Al Mashriq Bank, BNP Paribas, Al Watany Bank of Egypt, and National Societe General Bank.

Recent finance projects undertaken by Hiram Estates Investments include a US$500 Million biomass plant project in Brazil for the SWISS Group of Sao Paolo, and a US$300 Million real estate project in Ho Chi Minh City, Vietnam, for CONEL CAPITAL Pte. Ltd. of Singapore.

Despite the current political unrest in Egypt, Mr. Maghoub is confident that this will not affect his firm’s ability to realize the financing for GCN Canada Inc. as the banks he will be dealing with are in Qatar and Bahrain. The terms of the financing agreement grant Hiram Estates Investments the exclusive rights to funding this particular aspect of the Project, and do not limit GCN Canada Inc. from accessing financing for other Phases from additional lenders.

Mr. Maghoub is confident that financing arrangements will be concluded within 3 months, and the financing terms he will secure for the hotel will be very reasonable and well within acceptable banking convention. H.E. Robert Sabga, President and CEO of GCN Canada Inc., has expressed his delight at the signing of the agreement, and is looking forward to breaking ground on this key initial aspect of the Project:

“We are very pleased to be working with Mr. Maghoub in this venture. He comes highly recommended by CONEL’s CEO Mr. Young Cheon Kim, and also by Mr. Edda Silvestro, President of the Swiss Group out of Brazil. I have no doubt that through his extensive banking connections we will very soon realize the funding required to start this phase of construction. We are excited, and we know that all of Cameroon will be elated to learn that the Emerald Coast Projectis now well on its way to starting operations.”

Financing for other phases is being negotiated with companies in the UK, USA, and Hong Kong, and are in different stages of completion. Enquiries on the Emerald Coast Project may be made to GCN Canada Inc.’s Monty Elsabbagh at pr@gcncanada.com, and/or by visiting the company’s website www.gcncanada.com.

Business, Real Estate, Travel

Kiev Apartments Offers Daily Rent Accommodation Options

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Kiev, Ukraine – 04 February, 2011: Kiev Apartments is a company based in the city of Kiev, Ukraine and provides affordable prices. This company allows tourists and business travelers to the city with a cheap alternative to hotels.

Kiev is famous for its fantastic, but over-priced hotels that are out of reach for many travelers. Staying in hotels becomes especially expensive during long vacations or business trips to the city. In such a scenario, renting an apartment is a much more affordable option.

Kiev Apartments offers some of the best rental properties in the city. They have a team of professionals who offer round the clock service and support to their clients. To rent a property, you will have to simply go to their website, browse the available options by adding the number of bedrooms required, start and end dates of the stay, type of the apartment, and location that you’d like to stay in. You can also mention the special amenities like air conditioning, sauna, DVD player, Jacuzzi etc. in your search. The website’s software will provide you with all the available options to choose.

All the apartments offered on rent by Kiev Apartments are fully furnished and comfortably decorated. The apartments have been recently renovated, so you can expect all the modern amenities in them. The apartments are centrally located and have easy connectivity to the rest of the city. Guests can also enjoy free broadband internet connection during their stay. All apartments are available on short term rent.

Apartment Kiev guarantees the lowest rental prices on their location, which is a great plus for budget travelers. These are perfect for people who are traveling in groups or with their family. The company also offers other services like VIP airport pick up, cell phone rental, airport transfer, interpreters and city tours to its guests.

But staying in an apartment, instead of a hotel doesn’t mean that you will have to compromise with your luxury. You will be provided with complete housekeeping services, clean towels and linens etc. to ensure that your stay in the Kiev is a memorable one. The company guarantees complete privacy to its guests and ensures that they won’t disturb unless the guests contact them.

According to the CEO of Kiev Apartments, Accommodation Kiev options are up to 75% cheaper than any hotel room with equal amenities and space. Their main motto is to provide a home away from home to its guests and they do it by making the apartment as lavish and comfortable as possible.

He also added that they are extremely flexible in their services and ensure that each and every client gets the best accommodation that he can afford. This is done through a comprehensive process of offering only the best apartments for rent and ensuring that each property has every facility that a guest can desire in his or her vacation home.

About Kiev Apartments:

Kiev Apartments is an agency that provides accommodation options on rent to tourists and business travelers. The company offers affordable apartments with the best support services in the business. Started just three years ago, the owners have created a huge database of apartments in the city. In just a short amount of time, the company has become a trusted name in the lodging and accommodation industry.

Real Estate

New Site Streamlines Home Appraisal

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The way the simple system works is that prospective sellers are able to fill in a very simple web form, which will then be submitted to the site. The contents of this form are then used to select a panel of local appraisers, who are then passed this information and prompted to contact the seller, nothing could be simpler.

Ken Fry, Head of Marketing for Appraisers Plus tells us that, “We (Appraiser Plus) saw a wide open need for such a service within the marketplace. Anyone who has ever gone through the process of arranging for home appraisal will already know how hard it can be to find the right appraiser. We take this task away and perform it for our website visitors.”

The service does not stop at home appraisal though, the site also offers access to jewelry appraisers and real estate appraisers. Offering visitors the chance to receive up to three free quotes from affiliated appraisers. Ken Fry commented on this by saying, “It may seem odd to some people to find a site offering home/real estate appraisal quotes alongside jewelry appraisal quotes, yet it makes perfect sense. All three are high ticket value items, which can and do require appraisal before being put on the market, the system is the same even if the item being appraised is not.”

If we look at the service in detail we find that there is a second facet, designed to complement the first. Upon submitting a valid ZIP code, the user will be given contact information for the closest two or three appraisers to their locale. This is a valuable service, as it removes the need for sellers to use traditional methods such as the telephone directory, to make hit and miss calls to possibly qualified appraisers.

So far we have only looked at the benefits the site can present those wishing to have their items appraised. Now let us consider the value of the site for the appraisers themselves.

Appraisers of real estate, homes or jewelry who register with the Appraisers Plus service, are positioning themselves to receive useful, relevant and solid sales leads. Visitors to the site already know they need an appraiser; they simply need to find the right one, either by location or in terms of the service offered. This form of reverse marketing will be of obvious value to many appraisers, who until now have been utilizing more traditional marketing avenues to find their clients.

Ken Fry supports this supposition by telling us that. “Of course the site will benefit both parties, we are acting as the middle man and as all good middle men know, the party at either end must receive tangible value.”

It is clear that the team behind Appraisers Plus have put much effort into delivering a site which is both easy to use and above all, entirely useful. This kind of site has often been criticized before for positioning themselves within a niche which did not need to be filled. However, www.appraisers-plus.com is no such site; it offers both the customer and the appraiser added value above and beyond most traditional means of introduction.

Contact:

Subscription and customer service available at www.appraisers-plus.com

Appraiser Plus
10450 Lincoln Street
Northglenn
CO 80233
Email: support@appraisers-plus.com

Business, Real Estate

Rehousing Tenants after a Major Event

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It can sometimes be forgotten that when landlords let their property, they are entering into a contract with the tenants to provide living (or business) accommodation for a fixed period, during which rent will be paid to them.

Of course, nobody can foresee the future, so a fire or other major damage to the property could take place at any time, making it impossible for the landlord to fulfil his or her legal obligations to provide the accommodation.

What is the solution?

Fortunately, Landlord Insurance can be arranged that covers the cost of temporarily rehousing tenants while the insurance claim is sorted out and the property repaired or rebuilt.

This will normally be for up to 10% of the insured value of the property, so the maximum cover available to rehouse a tenant of a property insured for £150,000, would be £15,000, or up to £1,250 a month.

If the tenant is lost, Landlords’ Insurance can still provide a benefit for you, in the form of recompense for loss of rent for up to 12 months. In this case cover will usually be for up to 20% of the buildings sum insured.

Not just while the property is repaired …

For some properties, repair or rebuilding may take longer than usual. In other cases, the tenancy might run out before the work required making the property habitable again (when the loss of rent cover ends) can be completed. Should this happen, you would be left without a tenant or rent protection.

To protect against this possibility, you can arrange loss of rent insurance on an alternative basis that pays you the rent right up until you actually have another tenant in place. This is particularly important for commercial property, when finding new tenants can be far more difficult than in the case of residential lettings. Such cover is more expensive, but provides greater protection.

Getting the right advice

It is important to seek independent professional advice before making any decision about your property owners’ property and liability insurance as well as your financial obligations. You should always ask your insurance advisers what experience they have of dealing with residential and/or commercial rental property insurance.

For more details Visit: http://www.Alanboswell.com

Alan Boswell Insurance Brokers Limited

Harbour House

126 Thorpe Road

Norwich

NR1 1UL

UK

01603 218000

info@alanboswell.com

Real Estate

Tenants Jump At The Chance To Live Amongst The Chelsea Jet Set – For Less

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Benham and Reeves Lettings report exceptional demand for £350pw studios.

For anyone hankering for a touch of the high life, Octavia House at Imperial Wharf, near Chelsea Harbour is proving to be just the ticket. With pop stars, Premier League footballers from Chelsea and Fulham football clubs and showbiz celebrities living within the vicinity, this exclusive development is a magnet for the rich and famous. And with the development’s only studios and one bedroom apartments just becoming available to rent, on-site lettings agent Benham and Reeves Residential Lettings report that tenants are jumping at the chance to live like a celeb, without breaking the bank.

“A recent study revealed that Chelsea lies within a ‘golden triangle’ in London’s prime property market, with 16 of the 20 most expensive streets in England and Wales located between Wimbledon, Notting Hill and Chelsea,” reports Marc von Grundherr, Lettings Director of Benham and Reeves Residential Lettings. “Property prices at Imperial Wharf are beyond many people’s budgets with larger homes there selling for an average of £2,736,000, but rental prices at Octavia House, which is the only building on-site containing a selection of studios and smaller apartments, start at only £350 pw, making the glamorous Chelsea lifestyle a more affordable option.”

“Imperial Wharf is the only new development to feature in the list of Top 20 addresses and it’s a popular choice with property investors. continues Marc. Apartments at the recently launched Octavia House are already like gold dust and we’re letting flats within 24 hours. Tenants seem to be looking specifically for Imperial Wharf itself – they’re attracted by its river views, luxurious interiors and great lifestyle and other developments simply won’t do. For investors that’s great news – void periods, particularly on smaller apartments, are virtually unheard of as, when one tenant moves out, we always have a new, fully referenced tenant waiting to move in. We simply can’t get hold of new property instructions fast enough.”

“One of the reasons for our success in letting apartments at Imperial Wharf is our extensive client database we work with FTSE and Fortune 500 companies around the world to find homes for their executives on secondment to London so we always have fully referenced tenants waiting to move in to good properties otherLondon lettings agents just can’t match us in this respect.”

“Another reason that tenants come to us first is our strong on-site presence. We’re appointed letting agents for the developer St George Central London Ltd., and we opened a dedicated lettings office at Imperial Wharf last year which means we’re in the ideal location for both tenants and landlords. We’re conveniently located in the heart of the development and we have the best choice of available rental properties. For example, we’ve just let a large one bed apartment for £450 per week while a ‘Manhattan’ apartment (a large studio with screened sleeping area) was let for £375 per week both were rented within 24 hrs. These apartments offer great value for tenants and an respectable rental income for landlords.”

-ends-

Benham and Reeves Residential Lettings’ Imperial Wharf office is situated at
15 The Boulevard, Imperial Wharf, London SW6 Tel 020 7348 7620 www.brlets.co.uk

Press enquiries:
Tracie Lack
Tel: 020 7433 6670
Email: brmarketing@brlets.co.uk

Editor’s notes:
Established in 1956 in Hampstead London, and now with ten offices in the prime residential areas of London, plus international offices in Singapore, Hong Kong, Dubai, Delhi and Mumbai, Benham and Reeves Residential Lettings is recognised as one of London’s largest specialist lettings and property management agents. To complement this, they also provide an interior design, refurbishment and furnishings service for London rental investment properties to Landlords based worldwide.

Media Contact Information

Name: Benham and Reeves Residential Lettings
Website: http://www.brlets.co.uk
Email: brmarketing@brlets.co.uk
Phone: 020 7433 6670
Address: 15 The Boulevard, Imperial Wharf, London SW6

Business, Financial, Real Estate

Why bother with “all risks” insurance?

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Insuring your property is all about protecting an investment. After all, you are in business to make money, so ensuring that you are not exposed to the risk of unnecessary financial loss makes sense. But it can sometimes be tempting to cut a few corners in order to save money.

In the long term, this can be an error – saving a few pounds now could cost you more in the longer term, if you do not have adequate insurance.

How much landlords’ insurance cover do you need?

Most of us today insure our own homes on an “all risks” basis. This means that we are protected not just in the event of fire, earthquake, storm, burst pipes and the usual range of ‘perils’ but also should our buildings or their contents suffer accidental damage that does not fit precisely into the more traditional definitions.

Having wider cover makes considerable sense, because Landlords Insurance written on an ‘all risks’ basis not only removes some possible causes for argument with an insurance company about what was the actual cause of damage, but also includes classes of damage that were certainly never intended to be insured under the older policies.

For example, while insurance policies on buildings have, for many years, covered accidental breakage of such items as fixed sanitary installations and windows, dropping a heavy vase on a work surface in the kitchen, badly damaging the work-top and smashing the vase itself, would certainly not have been covered. Under an ‘all risks’ buildings and contents policy wording, however, the cost of replacing the vase could be covered, as well as that of repairing the work-top.  A small excess will normally apply, but the cost of replacing a damaged item could be much higher.

Is this worthwhile for rented property?

The question remains whether this approach is appropriate – or necessary – for property that you rent out. After all, you have no control over how tenants will treat your property and therefore may not install the most expensive items in the building.

Conversely, your property represents an investment for you and the condition that it is in when you come to re-let it will influence the level of rent that you can expect. So if you can ensure that any damage to your property is reported to you immediately by your tenants and then your Landlords Insurance Company informed so that they can pay for repair or replacement, not only will your investment be better protected, but your tenants will enjoy a better environment.

All risks insurance offers you and your tenants peace of mind and need not be much more expensive than more traditional cover.

Getting the right advice

It is important to seek independent professional advice before making any decision about your property owners’ insurance requirements as well as your financial obligations. You should always ask your insurance advisers what experience they have of dealing with residential and/or commercial rental property insurance.

For more details Visit: http://www.AlanBoswell.com

Alan Boswell

Harbour House

126 Thorpe Road

Norwich

NR11UL

UK

01603218000

info@alanboswell.com

Real Estate

Dreamz Realty Launches Second Phase of Affordable Bungalow Plots at Shahapur near Mumbai

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* Affordable Second Homes set away from the city hustle yet conveniently located. * Shahapur is the next sought after destination with saturation of Lonavala and Khandala.

Mumbai, India, January 12, 2011 — Dreamz Realty has launched second phase of Sai Nisarg – affordable second home plots at Shahapur – just 10 minutes drive from the Mumbai-Nashik Highway and about 90 minutes from Dadar (Mumbai). The company is offering plots in the size of 1625 sq ft to 4000sq ft etc. These are being offered at an attractive rate of Rs 325 per sq ft. which makes it possible for one to own a bungalow plot – near Mumbai – for as less as Rs 5.25 lacs.

Sai Nisarg is situated in the beautiful environs of Shahapur, which has been declared as Tourist Destination by Govt. of Maharashtra, complete with a view of the pretty hillocks in the distance. Close to the famous Mahuligad and Jain Manas Mandir, the landscape has been thoughtfully divided into bungalow plots without disturbing the local eco-system offering the real flavour of a country home here. Although set amidst beautiful natural green surroundings Sai Nisarg is close to the market area and just 15 minutes from Asangaon railway station and has facilities like a café/restaurant, grocery outlet and other utilities within the project site

Destinations like Shahpur have become quite popular with second home / bungalow buyers in view of the easy accessibility, proximity to Mumbai, affordability and unspoilt natural beauty. Traditionally favorites places of Mumbaikars like Khandala/Lonavala etc have either become too developed losing their pristine beauty or gone out of the reach of even the upper middle class. In such a scenario, areas like Shahpur offer the perfect opportunity to middle and upper middle class to achieve the status symbol of owning a bungalow.

Says Mr. Santosh Hasotkar, Director, Dreamz Realty Solutions Pvt Ltd, “Sai NIsarg comes with the Dreamz Realty guarantee of good location, well-planned township, world class amenities, availability of utilities and provisions within the project site etc. Sai Nisarga is a chance to acquire a second dream home at affordable prices.”

Mumbai based Dreamz Realty Solutions Pvt Ltd have fulfilled dreams of over 3000 customers in its three years of existence within Maharashtra in residential and commercial segments and has projects involving over 2000 acres on anvil in various cities and towns of Mahrashtra. For further information please log onto http://www.dreamz-realty.com

Press & Media Contact:
Mitesh M Kapadia
Sentinel Public Relations Pvt Ltd / Sentinel Advertising Services
Kandivli (W), Mumbai 400 067. INDIA
Tel: (91 22) 28625131/32.
Cel: +91 98205 03876
Fax: (91 22) 28625133
mitesh@publicrelationindia.com
http://www.publicrelationindia.com
http://www.dreamz-realty.com

Business, Real Estate

Indian Housing Set to Boom on Influx of Luxury Housing Demand

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As per our new report “Indian Housing Sector Analysis”, Indian housing sector is the fastest moving real estate segment. Indian housing sector has registered double digit growth on the back of rising income and growing urbanization in the country. Despite tough global economic conditions, housing industry in India has experienced upward movement, specifically in luxury housing segment. It is anticipated that the luxury housing market potential will grow at a CAGR of around 28% during 2011-2013.

The main reason for the growth of this segment is that, the number of affluent population is growing at faster pace in India than in other emerging countries. So, with the increasing number of households in high-income group, housing units in this category are expected to significantly increase in the coming years. Along with this trend, various other strong fundamental drivers discussed and analyzed in the report will enable this segment to sustain its upward growth trend in the coming years.

Apart from luxury housing segment, various other segments are also showing promising future prospects. Affordable and medium housing segment have shown a tremendous growth in the past and we anticipate that these segments will grow significantly in the coming years on the back of various reasons discussed in our report.

Besides, our report provides information about the availability of finance options, latest developments in the housing sector, and construction material industry such as, cement & steel industry, tiles industry, paint industry, bathroom fittings industry, etc. We have identified all the key players in the competitor analysis section of the report. This section talks about the business profile and strategic moves of leading players operating in the sector along with their recent activities.

“Indian Housing Sector Analysis” is a comprehensive report that provides an insight into the structure and trends of the Indian housing sector. The report also provides valuable information regarding different industry parameters such as, Total Housing Units, Flat & Independent Houses, and Types of Ownerships. Detail data and rational analysis will help investors, financial service providers and global players to navigate through the latest trends in the Indian housing industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM013.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com/promotion.htm

About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

Real Estate

Make 2011 The Year To Invest In Property With Property Investment Portfolio

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Property Investment Portfolio continues to help investors every day maximise their profit and wealth through investment in property and realise their financial goals and also achieve them.

Nottingham, UK, January 03, 2011 — With 2010 nearly over and 2011 just around the corner, now is a fantastic time to start planning your property investments ready to begin the new year with a bang and Property Investment Portfolio are the only investment company you need to make sure this happens.

With the professional service and the vast experience of the property professionals on board, Property Investment Portfolio continues to help investors every day maximise their profit and wealth through investment in property and realise their financial goals and also achieve them.

So, what can Property Investment Portfolio for you?

* Source rewarding investment properties in the Midlands and North East
* Help to organise the funding and legal’s
* Refurbish and renovate any property that might need work
* Find a tenant to occupy your investment property
* Manage the property and deal with all your investing needs

As an investor, there is little more that you could possibly require, as Property Investment Portfolio ( http://www.propertyinvestmentportfolio.com ) can deal with everything all under one roof, saving you time and money and letting you get on with your other day to day activities.

Whether you are looking to build a property portfolio, buy a single investment property, rent a house or flat or simply sell your home for cash, Property Investment Portfolio can help you. ( http://www.propertyinvestmentportfolio.com )

With over twenty years in the property business, they use their experience and expertise to buy and develop property, from single homes in regeneration areas to blocks of flats, HMOs, student accommodation and other investment property all over the country.

Ring now on 0115 928 9333 or visit the website by clicking onto http://www.propertyinvestmentportfolio.com and make 2011 the year that your property portfolio really starts earning its money.

Press & Media Contact:
Arv Soar
Property Investment Portfolio
223a Trowell Road
Wollaton, Nottingham NG8 2EP UK
+44 (0)115 928 9333
pip@clearwebservices.com

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Real Estate

Benham and Reeves Tackle The Winter Snow And Come Out On Top

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The latest icy cold weather can put a downer on many things such as driving but it seems nothing can stop the London letting agency not even Christmas time.

Even with the wintry conditions and the dropped temperatures, Benham and Reeves Residential Lettings are burning off red hot properties and seeing enquiries flood in from tenants.

We have been renting out excellent ranges of properties in London for all taste; from family homes, duplex apartments, flats and period and contemporary living spaces.

And the shortage of mortgage lending has resulted in a 13.3 per cent rise in rents since January, with experts predicting at least a further five per cent increase in 2011.

Residential lettings london are what we specialise in; we understand our tenants and know what they want and what they should have.

With ten offices in the prime residential areas of London and overseas offices in Singapore, Hong Kong, Dubai, Delhi and Mumbai, Benham and Reeves Residential Lettings is recognised as one of the largest specialist London letting agent .

Established in 1956 in Hampstead, London, we are also one of the only lettings agents to offer an interior design, refurbishment and furnishing service for investment properties through their subsidiary In:Style Direct.

Benham and Reeves have extremely qualified staffs that are trusted and respected, and we will be available throughout your tenancy to provide advice and support. We are very friendly and approachable, which is why so many people have been coming to rent our properties.

For more information on rental properties contact the best Letting agents in London Benham and Reeves Residential Lettings’ on 08000929656 or visit www.brlets.co.uk .