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Loss into profit [Estates Gazette]
(13 Mar 2010 00:01:00 EST)
Craig Watson: founder of Craig Watson Property Consultants. When Craig Watson lost his job as a director at NB Real Estate in February last year, it put an end to plans to extend his family home. Instead, Watson used his savings and redundancy package to set up his own office and industrial agency.
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East London blighted by mothballed housing plans [Estates Gazette]
(13 Mar 2010 00:01:00 EST)
Patrick Clift. Almost two-thirds of planned residential schemes in east London are still mothballed, according to Knight Frank. KF's 2010 Residential Review found that there were unused planning permissions for 72,212Â homes in the area. Charlie Hart, a partner in KF's Thames Gateway residential development team, said that developers may need to rethink the density of schemes to make them viable.
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Prime real estate in Morocco offers a solid investment [Middle East and North Africa Business Report, Amman, Jordan]
(04 Mar 2010 22:10:00 EST)
Mar. 4--According to leading international agent Knight Frank, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is in high demand from discerning professional investors and second home owners from around the globe, who are seeking a relatively lower-risk real estate investment in a country less affected by the recession than others like the UK and USA.
