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International Investment in London Property Surprises Experts

March 29, 2011 property No Comments

Investing in London property has always been a safe bet for both domestic and international buyers. While the property market in the rest of the UK, and indeed the world, experienced a noticeable decline in the number of sales, central London property remained popular amongst buyers. Its growth continues to exceed expectations with values having risen by 2.8% since the beginning of the year.

The first quarter of the year is over, which means that London property agents are able to see how sales have fared. The sales of central London properties, which include Chelsea, Mayfair, Holland Park and Belgravia property, were expected to slow down this year. This was forecasted after a significant slow down last quarter, as well as an increase in the number of London properties for sale.

However, considerable international interest and investment in London property has resulted in the boost in sales and prices. There has been particular interest from buyers in the Middle East and Russia who, due to the strong oil price, have been able to buy London property for their own use.

However, international interest has been high since 2008 when a weaker pound sterling caused London property prices to be more favourable to overseas buyers. London property, such as Holland Park houses, has always been a good and stable investment even when the market is bleak, which is why many people choose to invest here. While London property management companies are not yet certain whether the price rise will continue if the markets stabilise, a shortage of stock may help the markets continue with this momentum.

Another influencer is the London Olympics which is encouraging visitors to buy London property instead of staying hotel accommodation. Capital gains for the 2012 Olympics are projected at 30% by the end of 2015. We can expect the London property market to continue its upward swing for at least the coming months.

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Respecting the River Thames and Your Safety

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The River Thames is the most prevalent tourist spot in London considering how large it is and many visitors will end up on its shores or even on a boat trip, but they may also let their guard down because of how unsuspecting it can be in the middle of the biggest city in the United Kingdom. However recently, what with the Olympic Games come and gone, rescue services in the capital have been extra vigilant to highlight the proper etiquette when approaching the River Thames. For kids and parents alike, visiting for Thames boat trips is supposed to be one of fun and excitement but that doesn’t mean we should take precautions or at least be aware. If one treats River Thames boat trips as one would treat any trip on a boat, there should be absolutely nothing to worry about but it can be tempting to not be vigilant because the river through the city seems completely safe – after all if one were to fall in it’s a simple case to get out right?

Well conditions on the River Thames can become less than ideal as it might on any river, especially after heavy rain. Rain alone is not enough to spoil a big day on a wedding boat, but it may make for something a little more fast-paced than your average River Thames cruise. The Walton fire station ironically is the guys who get called out when things may get hairy on the River Thames; in charge of a large portion of the map and its protection should things indeed go awry you can count on the men and women of the rescue service to save the day.

The true facts about the River Thames and how choppy conditions can get are no different to any other river in the world but in urban environments with a heavy population we tend to let our guards down because we feel that little bit safer. However we should never forget that the River Thames is first and foremost a river and a pretty big one at that.

Brazil Olympics Creating Valuable UK Ties and Investment Opportunities

August 15, 2012

brazil olympicsNow that the curtain has been drawn closed on the London 2012 Olympics, all eyes are now on Brazil, who is set to host the world’s greatest sporting event in 2016. Behind the success of the Brazilian Olympics team, business representatives from Brazil were also flexing their muscles in London, making valuable ties and connections with the British professionals and technicians who helped make London 2012 a success, from workers in Dickies coveralls to sports scientists in laboratory coats.

Over the sixteen days of the Olympics, politicians and business leaders from Brazil and the United Kingdom were regularly meeting to discuss sports business ties. For Brazil, these talks were geared towards gaining invaluable knowledge about preparing for a successful Brazil 2016 Olympic Games. On the same token, Britain is eager to lend expertise in exchange for investment opportunities in various sectors, ranging from construction to health medicine. The UK is already the fourth largest investor in Brazil, growing a massive 23% in 2010 and a further 9% in 2011. The Brazil 2016 Olympics, not to mention the FIFA world cup in 2014, will work together to further bolster investment.

In order to streamline delegations and as part of the Brazil 2016 Olympics preparations, Brazil House was set up in central London in order to host business leaders directly related to the Olympic Games, such as sports design and marketing, but also in areas related more to infrastructural and social development, such as housing, jobs and skills. In preparation for the Brazil Summer Olympics, massive infrastructural and economic expansions are taking place in the host city Rio de Janeiro, creating huge opportunities for investment. The UK firm Aecom has already been awarded the design of the 2016 Olympic Park Master Plan. From builders in Dickies work trousers to sports marketing teams, Britain is eager to lend a hand in the Brazil Olympics in any way.

All Systems Go After London Olympics Preparation Events

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The recent lighting of the torch has made it clearer than ever, the London Olympics are almost upon us. However an international event of this scale doesn’t just happen; the London Olympics event schedule couldn’t possibly be predicted without a through run of dress rehearsals and preparation runs. Without proper audio visual installation and staff clued up on the progress of events, there would be disaster before the torch even reached London roads. However organisers have said on Wednesday that the through and exhaustive series of dress rehearsals, dubbed the London Prepares series, has been successfully completed.

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London Olympics 2012 Creates a Job Boom

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With less than 140 days to go before the London Olympics kick off people are getting amped up not only about what the actual games but also about the job prospects that the Olympics may bring. Job search site Adzuna has commented that there should be about 100,000 jobs created in the execution of this monumental event.

Adzuna reckons that people with jobs such as security, construction and in IT are set to earn 30% more on their monthly salaries. This is fantastic news for people seeking jobs or looking for a reason to increase their wages. Companies seem to be more positive about job prospects since the London Olympics is coming to town. Everyone who owns a pair of safety boots and has some experience in construction or security should look to taking advantage of this Olympic opportunity to earn extra cash by working during the event.

Britons want to be a part of this huge event and are making a point of pushing to be employed during the London Olympics 2012. The economic boom in jobs does however not pertain to ‘Games Makers’ who are volunteering their services free of charge for the entire month. They will check tickets, be in charge of crowd management, and event administration. All of this apart from the fact that they have to cover their own travel and accommodation costs. Obviously some are doing it simply for the love of the games.

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Italians and Company Descend on London Property Market

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The Italians are heading to the UK. A latest London property report reveals that Italians have replaced Russians as the biggest financial investor group, something that hasn’t occurred in several years.

The data shows that despite the 11% rise in London property prices over the last year, sale volumes are at an astounding 85%. With all the recent real-estate developments around the UK, researchers have expressed surprise that supply has not been able to keep up with demand. It is clear however, that Central London has captivated real-estate investors. The sustained growth that has occurred since 2009 hasn’t showed any intentions of flatlining.

Regents Park estate agents have commented on the recent boom and its effect on house-owner’s attitudes and their desire to profit from the recent price hike. Prime Marylebone property has recently become available, with surges of house-owners putting their houses on the market. They are increasingly finding security in foreign cash flow, with overseas clientele flocking to the streets of London to buy real-estate. Considered a secure asset, the purchases being made by the Italians and the Russians showcase the health of the London property market.

The forecasts from last year, concerning the 5% price increase of Central London property,  appear accurate; current Central London property prices and sales figures are indicative of an upward climb. With the Olympics coming up, as well as the London Sundance Film Festival and the recent influx of booking enquiries, the positive market data promises real-estate owners further growth. Celebratory parties hosted by London property agents are predicted if markets continue to flourish in this manner.