For the third quarter 2008 prices for rent in Abu Dhabi grew on 157%. This data was given by construction company Asteco. Experts think that it is situation connect with not enough level of offers on the local property market.

In company’s report is said that cost of rent in Abu Dhabi grew in average on 87% for the third quarter of current year in comparison with year-on-year. Price of 1 bedroom flat rent grew on 79%, 2 bedrooms – on 100%, 3 bedrooms – on 82%. Rent payment of some apartments grew on 157%.

According to the foreseen of EU Economic Forecast 2008, Cyprus property market, is waiting to decrease the tempos of growth in nearest future. General economic growth is slowing down, as financing crunch brought to decreasing the tempos of economic growth in Euro Union.

According to the experts, in 2009 economic activity in region will continue to decrease. The level of private use will not decrease, provided by growth of incomes, low level of employment and effect from tax reform.

Bulk of foreign investments in Ukraine economic could decrease but as to long perspective it will be attractive. It was said by Martin Hoffmann, expert of German economic.

In such hard times level of risk is lower and business in Ukraine in spite the fact that it attracts by its income is still risky.

Expert added that because of world economic crunch it is hard times for those German companies which produce complete for cars, as quest for cars decreased. Now German companies are hard to invest abroad.

Predicted boom on property market of Germany did not happen, however experts think that it is put away because of credit crunch. Germany property market is in a perfect condition for long investments.

According to the research which was made by German Institute of labor studying, the level of unemployment in the country soon fall lower than 3 million, first from 1992. This aspect should positive influence on whole German economic.

Statistic bureau Finland, prices for residential property in third quarter 2008 fall in average 1,4% in comparison with last quarter. In Big Helsinki prices fell on 3%.

Official site of Statistic bureau informs that number of transactions decreased on 20% in whole country and on 30% in region Big Helsinki in comparison with year-on-year.

On the secondary market fall was 1,4%, to the second quarter and 2,6% is for Big Helsinki.

On the primary market price decreased on 0,4% in comparison with second quarter, but Big Helsinki – grew on 1,2%.