Thai Real Estate Investment Soared On Back Of Property Fund Activity

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KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

Cancun Real Estate – Green Investment for Hotel Zone Lagoon

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Part of the appeal of Cancun real estate has always been the close access to nature. While the nature is usually found outside of the city itself, in May 2011, the state government announced a plan to invest in an environmental restoration program directly in the Hotel Zone.

Part of the appeal of Cancun real estate has always been the close access to nature. While the nature is usually found outside of the city itself, in May 2011, the state government announced a plan to invest in an environmental restoration program directly in the Hotel Zone, benefiting the Mexico condos for sale in the area. The announcement was given in early May 2011, reflecting the environmental commitment of the state’s new governor, Roberto Borge. The governor has already expressed his wishes to promote a “Green Quintana Roo,- (the state where Cancun is located;) this project specifically will invest in the environmental restoration of Bojorquez Lagoon, located in the heart Cancun’s -Hotel Zone,- the most popular destination for American tourists, and one of the top choices for expat real estate buyers as well. The project will require an investment of 22.2 million pesos (about $2 million USD.) This project is yet another demonstration of how Cancun reflects many of the best qualities of Mexico real estate. Cancun, developed to offer a comfortable lifestyle to vacationers and expat residents on some of the world’s finest beaches, has also come to offer a complete set of modern conveniences and services, ranging from large international stores like Home Depot and Walmart, to professional golf courses, to state-of-the-art hospitals. All of this can be enjoyed from the finest of comfortable condos for sale, which are still available at affordable prices. This high quality of life has been balanced with care to protect and preserve nature, both to continue offering tourists the benefits of unique features such as the coral reef and -cenotes- (beautiful, natural pools, ideal for swimming) and for the sake of the environment itself. Several hotels in the area have won awards for their environment-focused construction and operation. In turn, this has offered condo buyers the benefit of living near many well-preserved natural features. The new investment into the lagoon is one more example of this dedication. Resources will come from both state and federal sources, with the purpose of making this major natural attraction in Cancun sustainable. The focus of the current state government is to advance with development – both tourist and real estate – without causing damage to nature. .

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Why You Should Hire a Real Estate Lawyer

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Whether you are purchasing a new home or selling your current one, you could greatly benefit from having a real estate lawyer on your side. A qualified attorney with a specific focus on any transactions related to the sale of property has the experience that you might need during your upcoming transaction. While having an agent can be helpful during the transaction, an experienced real estate lawyer can provide you more in depth legal assistance. He or she can go over the legal aspect of your contract with you and review important documents including the mortgage loan and the bill of sale.

As you’ve probably already realized, purchasing a home is one of the largest transactions you will ever make. You want to make sure you don’t make any critical legal mistakes along the way. Doing so can cost you time and money. If you hire a dependable real estate lawyer to help you look over your contract and other important documents, you could save yourself time, money, and headaches.

When hiring a real estate lawyer, he or she will take the time to look over your contract agreement before you sign anything. If you are purchasing a home for the first time, you will definitely want an attorney to look over the contract for you. The attorney will look over the purchase agreement and check for any discrepancies, or anything that could cause you any legal problems down the road. Your attorney will also work with the mortgage loan officer as well as the seller’s attorney throughout the process. He or she will make sure the home inspection, mortgage documents, and other specifics are in order.

When deciding to hire a real estate lawyer, you need to be sure you hire someone with experience and skill. Not all attorneys are equipped to handle your case, so be sure you ask the right questions. Inquire about other cases the firm has handled that are similar to yours. You will want to be sure to ask how many years of experience the attorney has in this particular field of the law.

Only experienced professionals will be able to find discrepancies in your contract. An attorney with experience should have a familiarity with these documents and the capability to help you correct problematic components. When it comes to buying a home, any small mistake could cost a fortune. Protect your interests, and hire a skilled attorney.

Finding the right real estate lawyer can be an involved process. Kalamazoo, MI residents can learn more here: http://www.minkalaw.com.

Good Looking Marketing Flyers Are A Key Tool For Today’s Real Estate Agent

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With many types of word and photo processing programs available to busy real estate agents, what are the qualities that make some better than others? Today’s agents need the ability to produce high quality, picture incorporated marketing flyers to keep up with what is a rapidly changing housing environment. In an industry dominated by desperate sellers, home builders with surplus inventory, and banks which have a growing number of foreclosures, real estate agents who have the ability to sell and are equipped with the proper tools to sell are in very high demand. The housing market we all know is very challenged with a record number of over-built single-family homes covering the U.S.

The opportunity for sales agents to earn big commissions is as good as it’s been in a long while. You may say that there’s too much competition in the industry, and while perhaps true, the better agents not only have a wide variety of inventory selections to market, but they also have a large array of potential clients to represent. Today’s real estate agent has the luxury to pick and choose from quite a number of potential listings. They can take as many or as few listings based on how many hours that they want to commit to. Good tools are a necessity in maximizing the efficiency of time allotted to an agent’s busy schedule.

The most basic of tools, aside from a “for sale” sign in the front yard, is a well-written, quality produced marketing flyer displaying the best photography and copy layout. While anyone can put a generic 18″ x 24″ for sale sign in a front yard, the next requirement for collateral material is a great looking sales flyer. An agent can use a traditional word and photo processing program or a specifically, industry-designed program written by a real estate agent, for a real estate agent. A program offering good templates which are user-friendly and have the flexibility to quickly update the format is just what the doctor ordered for a rapidly changing home sales market. For the constantly on-the-go professional, software that allows the user to burn-to-disc and use multiple computers is also a necessity.

After all, a well thought-out and produced marketing flyer can be the difference between making a sale or not making a sale and selling a home at 75% of asking price versus 105% percent of asking price. Arm yourself with the best possible tools to make you efficient and successful.

Real Estate In Costa Rica, A Smart Buy

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Getting the most from your hard earned money means making smart investments and seizing great opportunities. Invest in something more than unpredictable stocks and declining 401Ks, invest in a lifestyle that surrounds you with exotic nature and sandy beaches. Affordable investment opportunities like this are a rare find but can still be found on the Caribbean coast of Costa Rica.

Savvy investors are flocking to this wondrous locale. Possibly because real estate is an ideal addition to any portfolio for those seeking sound, long term financial gains. Costa Rican Real Estate offers investors so much more than a diversified portfolio.

Costa Ricas tropical paradise and island lifestyle offers vacationers and residents an escape from the rat race and our typical busy lifestyles. With a real estate investment in Costa Rica you can vacation or retire in a paradise that allows you to ponder at scenic volcanoes and majestic mountains, explore lush green valleys and endless stretches of undeveloped beaches, play in crystal-clear lakes, beautiful rivers, natural streams, warm seas, and breathtaking waterfalls or even revel in spectacular sunsets and star-filled nights.

Affordable investment opportunities can be found in the Limon region of Costa Rica. Puerto Limon has become Costa Ricas premiere port town in recent years yet still has plenty of investment opportunities.

Los Cielos Estates offers savvy investors an opportunity to invest in Costa Rican real estate. Located just 40 minutes south of Puerto Limon, just outside Puerto Viejo, the Los Cielos Estates development is beautifully designed and construction is under way.

This exclusive, private, gated community boasts scenic woods and sprawling creeks, surrounded by stunning views of majestic mountains. A private pathway leads from the property to a secluded private beach just a few hundred yards away. Los Cielos offers private horse stables on the property, so you can saddle up and explore it to your hearts content. And with hundreds of species of birds, sloths, monkeys, reptiles and countless additional exotic species right outside your door, theres plenty to see.

Los Cielos works with a California based architectural company that offers several tropical home plans to choose from.

It costs a lot less than you think to gain a foothold in Costa Rican real estate. Amazingly, prices at Los Cielos Estates start at only $50,000. Prices like that are unheard of these days in Costa Rica. Obviously, such low prices are due to the early bird nature of the market on the Caribbean side of the country. (And you know what they say about the early bird.) You can expect to pay four times that amount for similar properties on the Pacific side which is highly developed.

Lot sizes start at one and a half acres, so no matter how much property you buy, youll have plenty of room to stretch out. Stewart Title Insurance guarantees a clean property title. And when you’re ready to make your dreams of owning a home in Costa Rica a reality, Los Cielos Estates is ready and willing to help with all of the details.