Summary
With the New Year already upon us, Property Frontiers' Research Team has
compiled this brief overview of 2008's most interesting investment
opportunities. We have also highlighted those markets which have come off
the boil.
Following the American sub-prime crisis and the subsequent credit crunch,
the question as to which markets are likely to perform best this year, and
to what degree, carries particular weight.
Although the US market has largely gone into reverse and the UK market has
slowed, many other markets remain buoyant. Whilst western markets flounder
it is the emerging market economies that have come to stand as the global
economy's pillar of stability. Large currency reserves have protected these
economies from the US slowdown whilst surging internal demand has seen
impressive economic growth rates continue. The stable growth in emerging
markets continues to be reflected in their property markets. Many parts of
Asia and South America still seem cheap and are yet to experience the long
property boom that the developed world has seen over the last 10 years.
Stable market conditions, growing economies, increasing urbanisation and
further liquidity are all factors that should continue to drive sustainable
price growth in many urban real estate markets throughout 2008. In
addition, rapidly growing demand for quality hotel accommodation in
emerging resort destinations, combined with an increase in the number of
hotel developers using property sales to fund development will also lead to
further opportunities in this market.
The developed world may finally be seeing the end to the largest property
boom in history, but many emerging economies are currently at an early
stage in the growth curve which means, we believe, that in 2008 we will
continue to see some excellent investment opportunities.
Featured Countries
- Poland
- Slovakia
- Canada
- Trinidad & Tobago
- Argentina
- Brazil
- Uruguay
- Malaysia
- Kazakhstan
- Vietnam
- Angola
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