Brexit; Chances of a Deal Improve
EU countries have agreed to "intensify" Brexit talks with the UK over the next few days.
Deutsche Bank's foreign exchange strategist George Saravelos said he was "turning more optimistic on Brexit". Thanks to the positive noises from the EU and Ireland, optimism increased and Sterling rebounded on Friday. Major UK property developers shares improved accordingly.
Whilst such short-term movements should not affect real estate investors’ decisions, the news does provide some comfort for those looking at taking advantage of favorable deals currently on offer in the UK.
Source; BBC News 11 October 2019
Posted by: Kelvin Tayfield, Sat, Oct 12th 2019
Opportunity Knocks! UK property at a 20% discount!
Since 23 June 2016, the day of the Brexit vote, Sterling has depreciated 16%. In addition, house price growth has slowed significantly due to investor nerves. This combined impact means that investors can now acquire UK property at an estimated discount in excess of 20%! That’s a good enough discount to cover some possible short-term stagnation and then benefit from the predicted long term rise of Sterling and house price recovery.
Posted by: Kelvin Tayfield, Thu, Oct 3rd 2019
New Member Announcement: Kelvin Tayfield
Downtown International is excited to announce Kelvin Tayfield as our newest member of our team.
Kel has buckets of experience in the banking sector and has worked in the Middle East for the last 14 years, living in Dubai, Riyadh & Doha. He is originally from South Africa and will be focusing his attention on this market in the coming weeks and months as well as concentrating his efforts in the Saudi Arabia.
Welcome to the team Kel! We are thrilled to have you at our office. You’re going to be a valuable asset to our company and we can’t wait to see all that you accomplish.
Posted by: Downtown International, Mon, Aug 26th 2019
Commended at International Property Awards 2019
Downtown International participated the 2019-2020 Arabian Property Awards and have won an award in the category of Real Estate Website for Dubai.
The International Property Awards are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry. An International Property Award is a world-renowned mark of excellence.
Once again, the entire Downtown International team is very proud for the recognition and look forward to further success on the coming years.
Posted by: Downtown International, Tue, Jun 25th 2019
Oval Village Launch - Mumbai
Berkeley Group along with Downtown International and Adventum had a successful 3-day launch of Oval Village last April 28-30 at The St Regis Hotel, Mumbai
Oval Village is built on the site of the historic Oval Gasworks - just a 10 minute walk from Vauxhall, Oval and Kennington stations - this exciting collection of apartments has all the charm, character and community of English village life, without losing the buzz of the city.
• A collection of Manhattan, 1, 2 and 3 bedroom apartments
• Residents facilities including a 24-hour concierge service
• First completions Q4 2022/ Q1 2023
Prices from £606,000
To find our more about Oval Village, please contact us on +971 52 322 2279
Posted by: Downtown International, Wed, May 1st 2019