Samir Salya discusses London real estate’s great year

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Investment in London’s commercial real estate is on track to be a record breaking year. As international buyers flock to the capital, property adviser Savills predicts the total of transactions in central London will top £20 billion. That’s higher than 2014’s £21.6 billion, the current record year. A record year? Commercial property transactions in central ... Read moreSamir Salya discusses London real estate’s great year

Samir Salya on why location is no longer key for luxury property investors in London

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New research shows that the location of the highest price luxury properties in London is changing. In a move away from the traditional areas, there have been more luxury property sales in Hampstead and St John’s Wood than in Westminster and Chelsea. It seems location of the property is no longer the number one reason ... Read moreSamir Salya on why location is no longer key for luxury property investors in London

Samir Salya on why office buildings are feeling the heat in Dubai

Dubai Buildings - Samir Salya
It seems that mid-valued office buildings in Dubai are feeling the pressure, as local business owners choose to stay put. This is particularly true for small business owners who are not willing to risk a move to new premises. As landlords of new stock are holding out against cutting rents, these offices are simply staying ... Read moreSamir Salya on why office buildings are feeling the heat in Dubai

Samir Salya on the Luxury Property Show in London

Luxury property investment can no longer be considered a niche market. Interest is growing all around the world, and recent information released by Christies International Real Estate backs this up. The data from May 2017 showed that the top ten reported property sales globally were all priced at more than $100 million for the first ... Read moreSamir Salya on the Luxury Property Show in London

Samir Salya looks at Dubai Land Management’s Blockchain initiative

Dubai Skyline at Night - Samir Salya
To help promote more public-private partnerships, Dubai Land Management (DLD) has teamed up with various partners to create a Blockchain database for all properties in Dubai. The idea is that the Blockchain will then be available to all customers of the DLD. The partners include wasl Asset Management Group (one of the biggest real estate ... Read moreSamir Salya looks at Dubai Land Management’s Blockchain initiative

Samir Salya discusses the London luxury flat market

Despite a flat market due to the uncertainty surrounding Brexit, it looks as though there is life in the luxury apartment sector in London. Billionaire developers, the Reuben brothers, are demonstrating their faith in the luxury flats market in central London. They have sold 45 luxury flats based in Paddington in less than two months. ... Read moreSamir Salya discusses the London luxury flat market

Samir Salya on the Middle East’s overseas buying

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In 2015, the wealthy investors of the Middle East spent a record $30 billion. This year, it’s dipped to $16 billion, and looks likely to stay at this level. Investors have cut their overseas spend nearly in half since 2015. This is down to the unpredictability of oil prices and the slowdown in economic growth. ... Read moreSamir Salya on the Middle East’s overseas buying

Samir Salya looks at who is investing in Central London

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The latest figures from London Central Portfolio show that homebuyers of luxury property represent 45% of all sales in prime central London. This is three time as many as the previous 12 months, due to the increasing discounts available. This has resulted in an increase of transaction numbers in luxury sales. There was a 23% ... Read moreSamir Salya looks at who is investing in Central London

Samir Salya discusses rental values in Dubai

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Depending on the specific area, it’s clear that many rents in Dubai have seen some kind of correction during the last year. This is linked with locations that have seen new properties and developments coming onto the market, and therefore putting pressure on landlords to lower their rents. Over the first nine months of 2017, ... Read moreSamir Salya discusses rental values in Dubai

Samir Salya discusses investment in London property

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Residential property prices in many boroughs of London have dropped year-on-year from September 2016 to 2017. Many of the areas that are seeing falling prices are the traditional premium strongholds. For example, the Royal Borough of Kensington and Chelsea has seen prices fall by more than 10% year-on-year. Furthermore, the price drop has almost solely ... Read moreSamir Salya discusses investment in London property