Buying Overseas Investment Property

Archive for October, 2009

Hotel Groups buy in Australia

DSR Asset Management report that Investors large and small are flocking to Australia looking for investments with security and good returns. In one of the few hotel transactions to occur in Australia 2009, the Holiday Inn Adelaide has sold to Malaysian group, Hotel Grand Chancellor, for approximately $35million. “Despite the current economic climate, the Adelaide [...]

Canada’s Housing Market is awe inspiring”

“The awe-inspiring rebound in Canada’s housing market just keeps rolling along,” said BMO Capital Markets deputy chief economist Douglas Porter. National home sales soared 18 per cent, year-to-year, in the third quarter to a total of 135,182 units, on an unadjusted basis, and average prices rose 13.6 per cent in September from a year earlier [...]