- 19 December is Sevastopol auction
- 30% of Odessa’s’ agencies closed
- Developers agreed to limit profitability in a period of crunch.
- Foreign investors are interested in finished objects of property
- Influence of crunch on Crimea’s developers
- Prices for property fell to record minimum
- The cost of Crimea cottages higher than in Kiev
- The cost of Crimea cottages higher than in Kiev
- The law about anti crisis actions in construction adopted
North Africa – one of the best places for investments 24.11.2008
Developers from the Middle East consider North Africa (especially Morocco) as one of the best places for investments in conditions of financial crunch.
Kuwait company Gulf Holding Company (GHC) started the construction the project Villa Royale in Tangier with the cost 1,3 billion dollars.
According to the words of vice-president of the company GHC at the hard time in the world, Morocco is the country which crunch did not take.
Ministry of financing said that economic factors of Morocco are positive for GDP growth in 2008 was 6%. Assurance of investors gives the program of the government Vision 2010 where is planning to attract 10 million tourists to 2010 what will promote the increase the inflow in infrastructure and market of hotel property.