Real Estate News# Demand for overseas property on the rise

Demand for overseas property from UK househunters has reached record levels according to Rightmove Overseas.
The data shows that searches on Rightmove Overseas in June reached their highest point for the year, and were up 28% year-on-year.

Searches for property in Spain were up 25% compared to June last year, whilst France recorded a 32% year-on-year rise. In Portugal, the uplift was 24%, and in Italy it was 17% higher according to Rightmove Overseas.
Rachel Beaton, overseas insights expert at Rightmove, said: “We’ve seen a gradual resurgence of interest from home-hunters looking for properties abroad since April, but after the government confirmed there will be easing of travel restrictions to certain countries we saw demand for overseas homes rise even further to record-breaking levels.

Tourism News# AmaWaterways Resumes Cruising on European Rivers!

using new health and safety protocols AmaWaterways has resumed operations in Europe with a series of charter sailings onboard AmaKristina in Germany with local guests.
AmaWaterways’ new procedures reflect the recommendations contained within the EU Healthy Gateways guidelines, the Centers for Disease Control (CDC), the World Health Organization (WHO), IG RiverCruise and other official authorities.
Pre-boarding well being questionnaires are required, and visitors and crew are topic to day by day temperature checks. The crew has acquired up to date coaching, and every ship can have a delegated Public Well being Officer overseeing the appliance of the protocols.
AmaWaterways’ ships, which usually accommodate 150 visitors, are limiting capability to 100 visitors.
Furthermore, AmaWaterways’ ships have been designed with fan coil individual air cooling and heating units, which eliminate any recirculation of air in staterooms or in public areas; and nearly all staterooms include balconies.
Crews are required to wear face coverings at all times while guests must wear them only while moving around the ship. With capacity currently capped, the spacious Main restaurant and the included specialty restaurant, The Chef’s Table, easily accommodate the safe distances now required. New room service options have also been added

Real Estate News# Singapore real estate investment trusts ESR and Sabana propose to merge

Singapore’s ESR-REIT ESRR.SI has agreed to buy Sabana REIT SABA.SI in a deal that will create the city-state’s fifth-largest industrial real estate investment trust by assets, adding to a wave of consolidation in the sector.

Hong Kong-based logistics developer and fund manager ESR, which has $22.1 billion in assets under management, is consolidating its presence in Southeast Asia’s highest value market by merging a pair of Singapore industrial real estate investment trusts it manages in a deal valued at S$397 million ($285 million).

Each Sabana unitholder will receive 94 new ESR-REIT units for every 100 Sabana Units held, the companies said in a joint statement on Thursday.

The two firms had tried to merge in 2017, but talks were called off.