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.
Countries to watch include:
Europe
America’s
South & Central America
Caribbean
- Trinidad & Tobago
- Argentina
- Brazil – Natal and Sao Paulo
- Uruguay – Punta del Este and Montevideo
Asia
- Malaysia – Kuala Lumpur
- Kazakhstan – Aqtau
- Vietnam
Africa
For a full report and details on why these countries
should be watched please read our detailed report by clicking the
link below:
/pdfs/Property-Frontiers-Overview-2008.pdf