Monday 6 October 2008

Antigua and Barbuda: Land-Grab, Antigua Style (Mondaq)



Fifteen months have passed since Her Majesty's Privy Council allowed the Government of Antigua and Barbuda to expropriate the Half Moon Bay Resort, a private property developed and owned for over thirty five years by a group of American investors.
Source: www.mondaq.com

(AFX UK Focus) 2008-10-02 09:39 OJSC LSR H1 pretax drops on $159 mln non-cash hit from portfolio revaluation (Interactive Investor)
LONDON (Thomson Financial) - Russian construction company OJSC LSR Group posted a sharp reduction in first-half pretax profits but cited a $159 million non-cash hit from investment property revaluations recognised on its income statement.
Source: www.iii.co.uk

Build up your assets overseas (The Scotsman: Business)
UK COMMERCIAL property has been out of favour with investors for over a year now, falling 22 per cent since its peak in mid-2007, according to the investment property Databank
Source: business.scotsman.com

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