16/06/2010
RCI - The worlds largest exchange holiday club looks at Bulgaria
RCI is considering moving to Bulgaria with its holiday exchange club, and is seeking resort partnerships. Fractional ownership has been around for many years, and has been experienced by buyers from many countries, but Bulgaria has not seen what this industry has to offer in terms of holiday exchange.
Bulgaria is prime for this type of.... |
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11/06/2010
Fractional Sales Resurgence in 2010
Fractional Sales Resurgence in 2011
At Pierce Group, we are optimistic for a fractional real estate sales uptick beginning in 2011 and 2012. Here are a few reasons why:
1. Vacation home sales rose 7.9% in 2009 as compared to the sharp decline of 30.8% in 2008. But at the same time, investment-home sales dropped again in 2009 by 15.9%..... |
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10/06/2010
David Lloyd Expands The Market For Overseas Property Investment And Ownership
Former tennis ace and entrepreneur David Lloyd, Chairman of David Lloyd Resorts - the worldwide property and vacation specialists - has launched a ground-breaking alternative investment fund and ingenious vehicle designed to facilitate ownership abroad.
The David Lloyd Resorts Investment Fund - made up of 5 and 7 year closed funds operated and administered.... |
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20/01/2010
YEAR BEGINS WITH EUROPEAN FRACTIONAL SALES 'SURGE'
The fractional market in Europe has seen a surge in sales as a growing number of companies report strong figures for the end of 2009.
Fractional consultancy The Best Group has reported £2 million worth of sales through 25 transactions across Europe since the start of November.
“What has made completions accelerate is a sense that properties.... |
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20/11/2009
FRACTIONAL PROPERTY TO ‘OUTSELL FREEHOLD WITHIN FIVE YEARS
Fractional property will take over from freehold sales in Europe within five years, according to industry specialists, as poor economic conditions leave its legacy on the world’s mid-range buyer market.
Fractional ownership was already growing in prominence with global buyers before the downturn, according to data from Mintel and the world’s.... |
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20/11/2009
FRACTIONAL OWNERSHIP TO RESCUE SPANISH PROPERTY MARKET
Fractional ownership was already growing in prominence with global buyers before the downturn, according to data from Mintel and the world’s two biggest fractional consultancies, the Ragatz Association and Northcourse Ltd, which revealed that in 2007 the fractional ownership industry was worth US$1.98bn, (20% up on 2006) excluding destination.... |
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20/11/2009
FRACTIONAL OWNERSHIP WILL INCREASE IN POPULARITY
The popularity of fractional property ownership schemes is set to increase during 2009, it has been claimed.
According to one foreign property specialist, the concept - which involves buyers purchasing a percentage of a property and sharing use of the home with other owners - will become more popular over the coming months as purchasers begin to choose.... |
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20/11/2009
CALL TO ACTION ON FRACTIONAL AWARENESS
A breakfast briefing organised by OPP on the second trade day of the Property Investor Show and OPPLive, designed to address the issue of fractional awareness, brought together some of the industry’s major influencers to decide on a course of immediate action.
This included Xavier Wiggins, CEO of the Richmond Green Group; Paul Owen, CEO of the.... |
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20/11/2009
PERSPECTIVE LAUNCHES FRACTIONAL FORUM
Perspective magazine is to hold an industry summit on the effects of the economic downturn on shared ownership.
The FORUM, co-hosted by leisure real estate consultancy Generator Systems, will bring together fractional professionals for panel discussions on the successes and failures of companies in the recession.
Spanning all aspects of the shared.... |
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20/11/2009
COULD BULGARIA BE THE LAUNCH PAD FOR RUSSIAN FRACTIONAL?
Bulgaria could be the testing ground destination to successfully introduce fractional ownership to the Russian buyer market, according to several industry observers.
Few fractional companies have so far begun operating in Bulgaria, but it attracted almost 300,000 Russian tourists last year, according to the Bulgarian National Statistics Institute,.... |
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