GLG News by Real Estate Experts (Asia)

Nicholas BrookeChairmanProfessional Property Services Limited

Vietnam – a real estate market in the making

July 31, 2007

Analysis of:Vietnam's real estate market is booming | ir.asiaone.com

Vietnam’s economy has shown one of the strongest growth rates in Asia over the past two years (8.4% in 2005 and 8.2% in 2006) and this looks set to be repeated in 2007. This level of growth together with low labour costs and a young and highly motivated workforce had attracted significant overseas interest and increased investment in both the industrial and real estate sectors.

Chetan NarainPresident and Chief Executive OfficerNarains Corp Global Properties

Reality of Realty in Mumbai

July 9, 2007

Analysis of:Mumbai buildings soar higer, rates drop | www.ibnlive.com

Mumbai which is often touted as the 'Manhattan of India’ is ranked seventh among the most expensive cities in the world to do business and stay in. With property prices touching all time highs, the current scenario is being questioned and is labeled as a bubble by many.

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