New Property Development in Crete, Greece - Demari Developers

PRLog (Press Release) – Jul 29, 2009 – Located just 150 meters to the sandy mediteranian beach at Stalis - Crete, 10 mins to a world class golf course, 10 mins to the waterpark and just a 25 minute drive to Crete’s international airport at Heraklion makes our Stalides apartment project an excellent choice for all lifestyles.
The project comprises of 15 superb 1 and 2 bedroom apartments and 4 commercial shops with basement areas.
All building work will be completed high quality materials and to the high standards set for by Demari for all their developments.
The Hersonisos golf club just a 10 minute drive away is a Bob Hunt masterpice with a desert style layout featuring expansive fairways hewn through rocks and ravines, a great challenge for all levels of golfers from beginers to pros. Next to the golf course is one of the areas two international standard water parks.
A perfect mix of recreational activities, sun and relaxation make this the perfect project for a holiday home or for an investment property with higher than the average rental returns.
http://www.demari-group-of-companies.com/re_proj_detail. ...

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With over 20 years of personal experience in property development and building quality residential and holiday homes for sale in Cyprus and for sale in Greece, I established the Demari Group of Companies which has, over the years, developed a reputation for building homes to the highest standards of design and construction techniques.
We currently have projects in Paralimni, Ayia Napa, Larnaca, Pervolia, Frenaros, Dherynia and Pyla in Cyprus and Stalida in Crete, Greece. These projects provide a large choice of villas for sale and apartments for sale. With the expertise and professionalism of our staff and associates, our aim is provide our customers with the best possible property services to ensure we meet their needs.

Jason Hartman says "Don’t be tempted to buy real estate with cash"

PRLog (Press Release) – Jul 28, 2009 – Your broker has turned you on to an incredible income property deal that will cash flow big time from the beginning because it’s already leased long term. You’re so excited you might pass out. There’s cash in the bank to cover the purchase. Do you pull the trigger?
Not quite that fast.
Despite antiquated conventional wisdom to the contrary, buying a property with cash is not something a savvy investor would do. The problem with buying on a cash basis is that you short circuit the benefit of a beautiful little concept called leverage. Pay attention. This could make a big difference in your life.
Let’s say you bought a property for cash for $100,000. One year later, the value has gone up to $110,000, so you sell it and bank a $10,000 profit on the deal. That works out to a 10% annual profit. Nice but not outstanding.
Now let’s do it using leverage. In this scenario, you put down $10,000 on the deal and finance the other $90,000 through the bank. When you sell it one later for $110,000, you have bumped up your profit to 100%! You reaped the same $10,000 profit on the sale but only had to use $10,000 of your money to do it. The real beauty is you don’t have to tie all your money up in one property. You could buy 10 properties with a $10,000 down payment on each. What if, one year later, they all went up an average of $10,000? That’s one hundred grand, buddy.
Imagine the possibilities.
For more free tips and information sign up for my free educational CD at: http://www.jasonhartman.com/squeeze/recla-cd.html

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Platinum Properties Investor Network is a comprehensive solution providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Led by our President Jason Hartman, our conservative approach puts investors on the path to true financial security and personal wealth. Not only do we offer you valuable assistance in acquiring properties, but we will show you how to develop an investment strategy that will take advantage of the next market downturn. To find out more about our recommended markets, visit us on our website at http://www.JasonHartman.com/.

Knight Frank Says Office Sales To Slow In The Third Quarter

PRLog (Press Release) – Jul 24, 2009 – According to the latest research report issued by Knight Frank, a stabilisation in demand coupled with a sharp rent fall in the past nine months indicates that the downturn in the office leasing market may come to an end sooner than expected. Knight Frank says Grade-A office rents will bottom by the fourth quarter of the year.
Mr Mark Bernard, Executive Director of Commercial Sales & Leasing Department at Knight Frank, says, “A number of positive signs have emerged recently, indicating that the demand for offices might be stabilising. The number of newly launched hedge funds reportedly increased from four in the first quarter to ten in the second quarter. Certain small financial companies that previously wanted to surrender part of their office spaces withdrew their decisions, due to improving business volume. A wave of new listings in the local stock market is also forthcoming in the second half of the year. This revival of financial activity will lend support to the demand for office space.”
Grade-A office rents in Hong Kong dropped 8.8% in the second quarter, an improvement on the 14.9% decline during the first. In June, office rents fell an average of 3.0% and there were further signs rent levels were stabilising in some non-core areas. For example, rents in Quarry Bay dropped a mere 0.4% — the least among all major business districts, followed by Kowloon East and Tsim Sha Tsui, where rent levels fell 1.1% and 1.7%, respectively.
A number of major deals were recorded in non-core areas last month. Manulife confirmed its take-up of eight floors in Kwun Tong 223, with a total area of 240,000 sq ft; Census and Statistics Department committed to three floors covering 50,000 sq ft in Landmark East in Kwun Tong; while Bausch & Lomb, a contact lens and eye-care retailer, leased 10,000 sq ft of space in Manhattan Place in Kowloon Bay. As business confidence improved, office expansion was also seen in core areas. One example involved a law firm that leased 33,000 sq ft of space in Edinburgh Tower in Central.
In the sales market, the number of large-scale transactions increased substantially in the second quarter. Major deals in the past month included 18 floors of Cyber Plaza in Tsim Sha Tsui, acquired by Fancy Trend Investment for HK$254.4 million or HK$4,240 per sq ft as well as the en-bloc transaction of Continental Diamond Plaza in Causeway Bay, which changed hands for HK$838 million or HK$18,217 per sq ft. Another en-bloc transaction involved Po Sang Bank Building in Mong Kok, which was bought by Moral Winner Investment for HK$250 million or HK$5,702 per sq ft.
Office sales activity has bounced back to levels last seen before the onset of the recent financial crisis. There were over 280 sales transactions in June, representing a 70.0% month-on-month rise and the highest level since early 2008. Total sales in June were triple the value of the previous month. However, activity slowed down significantly in early July, as buyers adopted a wait-and-see attitude after having witnessed a surge in office prices for four consecutive months.
“The capital values of offices continued to surge. After rising 15.2% in May, the average price of Grade-A offices grew a further 8.9% last month. By the end of June, office prices had rebounded by about 40% from the trough in February, outperforming the prime retail and luxury residential sales markets.” Mr Bernard continues.
Mr Bernard concludes, “However, the Grade-A office sales market may enter a consolidation period and sales activity is expected to slow in the near term, as the recent price surge has already priced in a significant improvement in the real economy. ”

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Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank and its New York-based global partner, Newmark Knight Frank, operate from 207 offices, in 43 countries, across six continents. More than 6,340 professionals handle in excess of US$886 billion worth of commercial, agricultural and residential real estate annually, advising clients ranging from individual owners and buyers to major developers, investors and corporate tenants. Knight Frank has a strong presence in the Greater China property markets, with offices in Hong Kong, Beijing, Shanghai, Guangzhou and Macau, offering high-quality professional advice and solutions across a comprehensive portfolio of property services. For further information about the Company, please visit www.knightfrank.com.hk.

Deeley Group unveils multi-million pound Vision for Bermuda

PRLog (Press Release) – Jul 23, 2009 – Residents are set to have their say on multi-million pound redevelopment plans for an area of Nuneaton.
People in Bermuda will be asked about proposals by Deeley Group to build a new village centre, sports area and homes.
A four-page brochure with details of the plans has been hand-delivered to the 3,000 homes within the area, with Deeley asking for feedback and ideas before it considers submitting planning applications.
The document proposes moving the social club and sports facilities to another area of the village.
Shops, a doctor’s surgery and an elderly care facility could also be built near to the new social club, on land which is currently undeveloped.
Eliot Business Park will receive further investment to attract new businesses to the area, while new homes are earmarked for land freed-up by the move of the social club and football pitch.
Peter Deeley, managing director of the Deeley Group, said: “We have been heavily involved with this area for four decades now and we believe the principles of the proposals are sound and would be hugely beneficial for everyone.
“First and foremost, we want to see what the residents think and use their ideas to shape the way their neighbourhood will develop.
“We are in the early stages so there are no planning applications just yet. We want to see what local people think before that happens.
“We’ve always had a good relationship with the people living in the Bermuda area and we hope they will communicate with us and help shape this vision, which we believe will massively improve the area.”
Bermuda Village was built quickly in 1892 and during the early 1970s it was suggested that the area was demolished and completely redeveloped.
The Deeley Group then invested in the area and has developed its infrastructure, homes and business park since then, creating more than 3,000 local jobs and providing homes for around 2,000 people.
The plans have been welcomed by Nuneaton MP Bill Olner, who said the changes would help not just Bermuda, but the whole of Nuneaton.
Bill said: “These changes would have significant benefits to the local people, with provisions for a doctor’s surgery, new shops and a community centre.
“The social club – which is part of the community’s heartbeat – will also be new and improved, and that is very important.
“The continued development of Eliot Business Park is also encouraging because it will result in many new jobs for people across the town and help improve this area’s reputation as a place to do business.”
Local residents can send their views on the proposals to Deeley Group by writing to Vision for Bermuda, Deeley Group, George House, Herald Avenue, Coventry, CV5 6UB, by emailing bermuda@deeley.co.uk, or by calling an answer phone service on 024 7671 8720.
Ends


Media enquiries:

Dan Donovan

Advent Communications

2 Edison Building

Electric Wharf

Sandy Lane

Coventry CV1 4JA

Tel: 024 7663 3636

http://www.advent-communications.co.uk

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Advent Communications is a well-established public relations consultancy based in Coventry.
In ten years it has built a reputation as a practical provider of news driven PR to a range of industry sectors.

Puerto Vallarta Mexico – Purchase a Piece of Paradise

PRLog (Press Release) – Jul 22, 2009 – If you've ever wanted to own property in Mexico, buying a piece of Puerto Vallarta Real Estate can be a valuable investment in your happiness. The homes in Puerto Vallarta Mexico come in a wide range of sizes and have something to offer for everyone. If you want to live in a smaller property that's more within your budget, a condo may be the perfect solution. Condos are great for single people or couples with no children or family members living in their homes. These types of families can buy a condo and not have to worry about paying for electricity and other utilities for a large home with too much space. If you have a family or several pets, a villa or other more sizeable home may be a better choice. These bigger properties have more room for recreation and have more bedrooms and bathrooms to make living together a little less frustrating. The outdoor amenities and conveniences available vary widely from one property to another, but many properties have plenty of room for rest and recreation. If you're considering a piece of Puerto Vallarta, you'll need to decide what you're looking for and let your Mexico realtor find properties that match your list of requirements. Working with a realtor to find potential homes in Puerto Vallarta Mexico can help you to find a home that is a good value and a wonderful investment in your future.
Puerto Vallarta is surrounded by some of the most beautiful beaches in Mexico, making it the ideal location for anyone who loves to spend time on the beach or in the water. Along with the beaches comes the opportunity for water sports if you're athletically inclined or walking along the water at sunset if you're more of a romantic type. If you don't want to spend all of your time sunbathing and listening to the water hitting the sandy shores, there are many opportunities for recreation in Puerto Vallarta so you're bound to find something that's perfect for you to do with your free time. The traditional architecture and colorful buildings provide a beautiful backdrop for the cultural events, music, and sights of Puerto Vallarta and are sure to brighten your spirits even if you had a long day. The homes in Puerto Vallarta Mexico are a great choice for anyone who's ever wanted to own property in Mexico or just live in a little slice of paradise.
http://www.puertovallartabestrealestate.com is a complete guide to Puerto Vallarta Real Estate, Rental Property, Condos in Mexico. http://www.cancunbestbuy.com provides Real Estate in Cancun, Riviera Maya, Mexico Real Estate for Sale. Contact Tom Budniak for Mexico Real Estate, Vacation Rentals in Mexico at http://www.mexicobestbuy.com
Call us today:
Realty Executives Mexican Caribbean

Avenida 5th y 40th

Playa del Carmen, Quintana Roo, Mexico

In Playa del Carmen, Mexico: 984-879-4339 or 984-803-0710

In Mexico City 55-8525-9035

In USA Toll Free: 1-800-471-0608 ext. 1

In Los Angeles,USA: 310-492-5115

In Calgary, Canada: 403-668-0704

In London, England: 0207-078-7677

US Fax, (415) 354-3460

Mexico Fax (551) 084-2852

Email: tom@rex-mexico.com

http://www.puertovallartabestrealestate.com
Author      :   Tom Budniak

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http://www.puertovallartabestrealestate.com is a complete guide to Puerto Vallarta Real Estate, Rental Property, Condos in Mexico. http://www.cancunbestbuy.com provides Real Estate in Cancun, Riviera Maya, Mexico Real Estate for Sale. Contact Tom Budniak for Mexico Real Estate, Vacation Rentals in Mexico at http://www.mexicobestbuy.com

Mallorca Properties: Mallorca property market steps up a gear

PRLog (Press Release) – Jul 21, 2009 – The market for properties in Mallorca has become very busy over the past couple of months. No doubt this is accounted for in part at least by the usual seasonal uplift from Easter through to September. But does this increase in activity show signs of a more general improvement in the property market in this sought-after location?
If you ask estate agents in Mallorca whether the property market is finally on the up again you'll most likely get a mixed reaction. Opinion appears to be clearly divided between those who think the effects of the recession are history and those who believe it is not. There is however more generally agreement on one point - that there are a lot of people interested in properties in Mallorca at present and that sales are being made.
Whether this is indeed an early indication of an economic revival is not clear. In a more general context there has been much talk of green shoots in the global economy although this has waned somewhat of late. Whilst there seems to be a general acceptance that things might be "bottoming out", the road to recovery is going to be long and hard.
The state of the Mallorca market is perhaps not so difficult to understand. According to Mallorca Property Partners' Kevin Reeves " ... throughout the latter part of last year and the first part of this year people were far too unsure how bad the recession would be, how long it would last, to make serious commitments like buying properties. Property markets throughout the world basically froze, just like the supply of credit that fuels them ... even people who don't need credit put everything on hold. The state of the global economies now is hardly positive, but people have regained enough confidence to get on with things where possible, so there is movement again in the market in Mallorca and, no doubt, elsewhere."
Mallorca Property Partners (http://www.www.mallorcapropertypartners.com) are a specialist Mallorca Property Finder service (http://www.mallorcapropertypartners.com/mallorca-propert ...) so they have an unusually broad perspective of the Mallorca property market as a whole. Reeves adds "... whilst asking prices might not have moved so much in Mallorca, there are some seriously good deals to be had, making this a very interesting time to buy. The underlying influences on the property market here are still very strong and there is every indication that the market for properties in Mallorca will be one of the strongest once the global economies do eventually start expanding again."
If you are interested in the property market in Mallorca look out for Mallorca Property Partner's more detailed bi-monthly market review due out early in August. You can also contact them via their website or direct by email at : info@mppsearch.com.

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MPP is a leading search and advice service specialising solely in property in Mallorca.
We are long-established and offer a wide range of services as alternative to the time-consuming process of finding the best properties and professional contacts.

Real Estate and Properties in Cochin, Calicut, Trivandrum and Kerala

PRLog (Press Release) – Jul 17, 2009 – Real property such as land, land improvements, and building held for business use in the production of income. It is contrasted with personal property.
Real property held for investment purposes. Increased value in real estate has typically exceeded the rate of inflation. But real estate as an inflation hedge varies from locality to locality. Also, leverage exists with real estate since a high percentage of the investment may be made with debt funds. Down payments are often less than 25%. However, a large capital investment is usually required. Real estate provides capital appreciation or depreciation. Certain real estate investments, such as residential and commercial property, generate annual income. Directly managed real estate income property provides tax deductions in the form of depreciation expense, interest expense, and property taxes.
Unlike other investments, real estate is dramatically affected by the condition of the immediate area where the property is located. With the exception of a global recession, real estate is affected primarily by local factors.
For real estate and property deals in Cochin, Calicut, Trivandrum and Kerala, Contact us at:  sales@rubtheweb.com
http://www.rubtheweb.com/real_estate_properties_cochin.htm

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Rub The Web is a SEO (Search engine optimization) oriented web service company located in Kerala, India. Rub The Web is a firm started by 3 - 4 year experienced SEO people. As SEO is the most effective key in the present era for online marketing, we decided to bring Rub The Web in front of web. Recession related problems are making all marketing tools difficult. This also lead us to the company formation as SEO is very effective and cheaper method. More and more potential buyers are searching the internet to find the products they are looking for. So to lead a particular industry in web, SEO is the key most opted.

In-House Guest Party @ Grand Mercure Hongqiao Shanghai

PRLog (Press Release) – Jul 16, 2009 – Grand Mercure Hongqiao Shanghai held a cocktail party on July 2nd 2009 to express their gratitude to the guests. A number of in-house guests were invited to the party, including the family of the General Consul of Argentina, Mrs. Ablin and Ms. Ablin.

The party started in a very relaxed and cheerful atmosphere. Representative of the hotel, Mr. Amado, General Manager of Grand Mercure Hongqiao Shanghai and hotel management team participated in the party and showed their great gratitude to all the guests. They talked pleasantly and cheered with the guests at the party, for the friend cooperation and support with each other.

The whole management team of the hotel toasted to all the guests for the further support in the future!

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Well located in the business and exhibition district of Hongqiao, Grand Mercure Hongqiao is proximite to downtown Shanghai and the Hongqiao International and Domestic Airport makes the hotel a highly popular choice for both business and leisure travelers.

Designed for genuine comfort this hotel is ideal for extended business stays and family trips. With 484 rooms, including a choice of one bedroom suites and two bedroom suites, each offers superior facilities and services from quality bedding, broad band internet access, LCD TV, 24 hour room service and kitchenette facilities to private balconies. An exemplary level of business support services and a fully equipped gym are also available to guests.

Function rooms include banquet rooms, multi functional meeting rooms with various configurations.

Engage in the hotel’s international food and beverage experience from the cosmopolitan martini bar, the all–day dining café, to the unique Asian style restaurant.

Sydney plumber MrH20 Explains Why Plumbing Is Important For Your Renovation

PRLog (Press Release) – Jul 15, 2009 – Why is plumbing important for your Renovation?
Have you ever seen a renovation that wasn’t quite right? If you’ve ever shopped around looking to purchase Real Estate you will have seen plenty. They look great on the internet, but the reality is a disappointment. The tiles don’t line up. One of the taps is dripping. The whole property just looks cheap. If you are renovating yourself, this is definitely something that you will want to avoid. MrH20 can tell you how at http://www.PlumberSydneyNSW.com
Bad plumber lead to problems. Incorrectly fitting pipes can lead to leaking and water damage. This can cost thousands of dollars in repair bills. When the pipes and fittings are not correctly installed, or are of poor quality, nothing will look right in your new kitchen or bathroom. The vanity will be out of line and the tiling wont seem right. Start right from the beginning by enlisting the services of a good plumber.
Good renovations always have good plumbing. Bringing an older house to life requires expert attention. Good plumbing is the skeleton on which to build a great renovation on. Older houses often need specialists to work on the older style pipes. Even if your renovation is modern, you will still need to intergrate the new taps with the old.
Good quality fittings not only look better but they ensure the high quality or the work involved. If you are buying fittings yourself, such as taps, shower heads or similar, it is often tempting to buy cheap alternative. They may look just as good on display in the shop, but are only going to cause problems in the long run. Buying cheap fitting just leads to poor performance and a need for repairs and replacement in the long term. Good quality taps, pipes and showerheads mean that your bathroom or kitchen will look better but also function better and last longer. A good plumber will only use the best fittings. If a plumber tries to talk you into cheaper fittings, think twice about using them. They are probably only trying to save themselves money and not putting the finish of your job as the first priority.
Proper drainage is incredibly important also. Without good drainage you risk leaking or water damage further down the track. Make sure you ask your plumber about their drainage plan for your renovation project. A good plumber will already have this under control.
Your plumbers insurance and credentials should be checked before you agree to give them a job. Maker sure you are covered for any damage during the renovation as well as for damage afterwards caused gy faulty work. Don’t be afraid to ask for referees fromfomr previous jobs who can give you an honest appraisal of the plumbers ability.
Employing a good plumber now means avoiding repairs in the long run. What seems like a good way to save money now could cost you far more in the future. There is nothing worse than having a pipe explode or discovering a leak in the middle of the night. There are many stories around about people coming home to their newly renovated house to find the whole place flooded.
Find out more at http://www.gasfittingsydney.com

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Plumber Sydney MrH2o No call Out Fees, Upfront Pricing, Call 0406 426 426

Visit http://www.PlumberSydneyNSW.com or go our gas fitting section at http://www.gasfittingsydney.com

Work Starts On Luxury Apartment Scheme

PRLog (Press Release) – Jul 14, 2009 – Demolition teams have started work on a rundown building in Bristol’s Old Market as the first step of transforming the site into high quality luxury apartments in just 40 weeks.
Two Bristol family businesses are involved in the work, which will be another step in the regeneration of Old Market as the corner site between Braggs Lane and Gloucester Lane is redeveloped.
Roger Riggs of ADR Holdings, Staple Hill, together with his business partners David Timmins and Adrian Clapp is completing the project as a joint venture with his son Jason of Riggs Properties Ltd. They have appointed another Bristol family business, TR Demolition of Whitehouse Lane, Bedminster to carry out the demolition.
Once the site has been cleared Bath-based Dellow Construction, part of the Ashlar Group has been appointed to build nine luxury one-bedroom apartments and five two-bedroom apartments.
A two-bedroom show apartment will open first to give potential occupiers a glimpse of the high standard of fittings, which will include all kitchen appliances, broadband and satellite television as standard.
Roger Riggs of ADR Holdings said: “There are already completed developments nearby and this area of Old Market behind the famous “Gin” Palace is so convenient for the City centre, the motorway and rail network that we believe it is rapidly becoming a fashionable area and we have put together this scheme as we believe it will be very popular.
“As a joint family venture between ADR Holdings and Riggs properties we have called in TR Demolition to carry out the removal of the existing old building and we have been impressed with their attention to detail and professionalism.
“Each of these new apartments will come with a 10-year warranty and we believe that with local businesses working together we can achieve something quite exciting to offer to the market in just 40 weeks.”
ADR Holdings and Riggs Properties have experience of creating luxury accommodation – a previous project for the business included a £1 million renovation of a house for Formula 1 boss Frank Williams.
Sharon Haskell of TR Demolition said: “The old building is a fairly straight-forward demolition job for us, although all city centre sites have to be handled sensitively because of the proximity of neighbours and dealing with traffic issues.
“We are really pleased to be working together with other local firms from Bristol and Bath to make this project happen and continue the improvements to Old Market.”
The project is being part funded by HSBC corporate banking and Roger and Jason said the project had been greatly helped by HSBC Wales and West area director Steve Blake.

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T.R.Demolition (UK – International) Ltd is a private Company formed by the present Directors and having traded since 1974. The Company operates from a facility in Bristol and can undertake work anywhere within the Single Market. http://www.trdemolition.co.uk/
Release by Empica - http://www.empica.co.uk

Timeshare Directive To Support The Fractional Ownership Sector - But Is More Publicity Needed?

PRLog (Press Release) – Jul 09, 2009 – On 3 February 2009 the European Parliament and Council of Ministers adopted a new European Directive covering the sales and marketing of timeshare, long-term holiday products, re-sales and exchange - with implementation due by all EU member states by 2011. The act will also apply to the fractional ownership industry, offering increased buyer protection and ensuring that developers act to a common set of standards - yet more needs to be done to publicise this to fractional developers and potential buyers, according to Newskys.co.uk.
Trevor Little, editor of fractional property ownership portal Newskys.co.uk, says: “The new regulations will directly impact on the activities of fractional ownership developers in Europe, and give buyers increased peace of mind. However, at present there is still work to be done to ensure that developers are fully aware of their obligations - and that buyers know about the protections available to them. With less than two years until the directive is fully implemented, it is essential these aspects are fully communicated now, so that costly mistakes aren’t made later.”
Brad Lincoln, CEO of fractional consultants The Best Group, agrees: “I don’t think developers are really aware of the directive yet. Of course, it isn't law yet, but part of the problem is that it is called the timeshare directive - had it been called the ‘timeshare and fractional directive’ it would be a lot easier. The danger is that some developers will argue that they don’t fall under the directive as they don’t offer timeshare - but they will making a big mistake.”
Richard McIntosh, chairman of trade body Resort Development Organisation, told Newskys: “The Timeshare Directive applies directly to the fractional business, although not all fractional businesses wish to acknowledge this at present. However, purchasers should be offered the full protection of the law, including the extended cooling-off period.”
The resort development industry has traditionally been regulated by national laws which reflect the 1994 Timeshare Directive. This directive is based on three foundations of consumer protection - that the consumer receives enough information in the contract to be able to make an informed decision, that there should be a ten day ‘cooling-off’ period with no penalties should they decide not to proceed, and that no money is required during this period.
The difficulty with the 1994 directive was that actual implementation laws differed from country to country, creating a fragmented regulatory picture. In February, the European Parliament adopted the new directive, covering the sales and marketing of timeshare, long-term holiday products, resale and exchange - increasing the length of the cooling off period to 14 days, requiring full disclosure and ensuring common definitions and explanations of products are used. The directive will replace current national laws in 2011 and harmonise practices across Europe.
The new directive essentially offers increased protection for buyers, restricting the presence of negative sales tactics, and should minimise the negative headlines that timeshare has sometimes attracted in the past. McIntosh says: “This is good for buyers, and should put developers on a level playing field, and hopefully improve further the reputation of the industry in the eyes of the consumer - and then in time the press as stories of rogue companies decline.”
Little concludes: “In addition to overhauling timeshare itself, the new directive should help ensure that the fractional sector doesn’t suffer from some of the practices that have tainted timeshare in the past - a good product which was badly sold by some operators. At a time when the European fractional industry is starting to grow, restrictions on rogue developer practices, encouragement of best practice and strict buyer protections will all help ensure this growth is properly regulated and that consumers can confidently commit to, what for many of them is, a new and sensible way of owning overseas property.”
ENDS
Notes to editors:
A joint venture between TheMoveChannel.com and Richmond Green Group, NewSkys.co.uk is a new portal specialising in fractional ownership property. Combining TheMoveChannel.com’s technical and online marketing experience with Richmond Green Group’s knowledge of the fractional ownership sector through its consultancy business RGM Fractional, NewSkys is the place to find all the latest fractional ownership investment and lifestyle opportunities.
For further information, please contact +44 208 439 9496

Fluorescent Plastic Bollards Light Up The Night

PRLog (Press Release) – Jul 07, 2009 – During the day, the sun excites the embedded particles inside the plastic sleeve. At night, the bollard literally glows making it easier to see.
The fluorescent particles make the bollards slightly more expensive and the number of colours is also slightly less than the traditional plastic bollard sleeves. Despite this, area’s with high vehicle traffic or high pedestrian usage will be attracted to the fluorescent option according to Mr Steve Holder, Leda’s Head of Design. “This is a cheaper option than lighting bollards and if the area is prone to regular damage, much easier to replace,” adds Mr Holder.
Most of Leda’s plastic sleeves end up in industrial sites or shopping area’s. Shopping Centre’s commonly use the sleeves to avoid constant repainting of bollards due to wayward shopping trolleys and the damage they inflict.  
http://www.l-v.com.au

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Leda-Vannaclip is Australia's leading specialist in Perimeter Security Solutions and traffic control systems - comprising gates, bollards, tyre spikes, road blockers, turnstiles, barriers, fencing, bicycle security & parking protection.