Terry&Sue

I am a member of International Property Alerts where you get emails of current developments in the market.
We have just received a note that 2 big property reports have been released from Jones Lang LaSalle and PricewaterhouseCoopers.
The message reads.
"The reports highlight an increasing trend whereby investment houses are seeking to invest their funds into new property markets.
Previously, indirect investments have focused largely on the UK and the mainstream European countries of Germany and France BUT, for a mixture of reasons, attentions are now turning to countries such as TURKEY, Romania and Bulgaria. There is little doubt that this investment is already having a big impact on property development in these hotspots and this is expected to continue.
According to Jones Lang LaSalle the demand for property in these countries continues to outweigh supply.They also intimate that investors should buy in earlier rather than later. Cross border funds are pouring into the property markets and prospective investors could soon find themselves on the outside looking in owing to the lack of available product and as a consequence all the pricing power will be held by those already invested in the market"