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Estonia rockets ahead
This is a section taken off www.economist.com on Oct 30th 2010, 19:52 by E.L.

IN JANUARY, there will (I think) be just one country that is not just a member of a) euro zone and b) NATO but also meets those clubs' rules (spending 2% of GDP on defence, and meeting the common currency zone's budget deficit, debt and inflation criteria). It's Estonia (I have tried to check this but the Economist's brilliant research department does not work at weekends so I am not completely certain).

That's not exactly new though I may be the first person to have spotted it. But what is new is the astonishing recovery in the Estonian economy. I know that month-by-month industrial production figures can be misleading, but these figures are truly startling. Industrial production up 31.1% year on year (compared with a mere 21.7% in August). Exports of manufactured goods were up 54% (against an August figure of 41%). GDP growth this year. As this chart shows, much of the ground lost during the recession has already been caught up.

 The volume index and trend of production in manufacturing

The volume index and trend of production in manufacturing, January 2000 – September 2010 (2005 = 100)

All that looks pretty good for the government of Andrus Ansip, especially if unemployment starts to go down too. But what about the future. Here is a note of caution from Swedbank

While this year – and maybe in the first half of 2011 – exports will grow, due to expansion of cheap production, we foresee another structural shift coming as costs inflate and force low-cost producers to stop production or shift to higher-priced products. We also see that companies now rapidly expanding their production will soon face capacity constraints – similar to the ones seen during the crisis, when too few investments were made – and existing capacities will soon be fully exhausted. These developments, together with slowed growth in Estonia’s main export markets, will affect Estonian production and export growth rates, which will slow substantially in 2011. However, we expect a recovery of growth rates at the end of 2011, when external demand is expected to pick up and some of the capacity constraints are alleviated through growing investments.

Oxford Park

Click here for more details and to download our full information pack on the Oxford Park project in Estonia.

Giving you the chance to invest in the largest and most advanced sustainable development in Europe.

Hadley Barrett www.oxfordsustainable.com

POSTED BY HADLEY BARRETT ON WED 3RD NOVEMBER AT 14:21 GMT
TAGS: Land

, Estonia Property, East European Property,

Sustainable

Benefits of sustainable investment (by Piibe Lind & Kristjan Kaarman)

 

Sustainability should be about cutting costs, generating environmental benefits, creating more demand from consumers and therefore earning higher returns and profits. For Oxford, this is exactly what it is about.

Sustainable planning

There are 3 generic factors that must be covered to create sustainable planning:

1)  Planning has to be holistic. An example is shown using the Oxford 360 degree sustainability index below.

 Optimum Planning

2) Planning has to be more open to change, especially in the fast-changing world of today.

3) Many different parties have to be involved in the planning process. That means local people as well as professionals. The more opinions you get, the wider context the planning gets.

Faster planning cycles mean a quicker return on your investment, lower construction costs mean profits rise, higher quality and higher demand buildings mean sales move more rapidly and can include a premium for consumers.

A few concrete examples are included below:

  • Carefully planning the site placement of a building can definitely affect its reliance on mechanical heating and cooling systems as well as artificial light. The result is significant operating cost savings.
  • Buildings are responsible for 30% of greenhouse gas emissions. Sustainable buildings are designed to increase their operational efficiency – and decrease their emissions. By utilizing local renewable and recycled materials, fewer materials end up in landfills and the local economy benefits from reducing the extraction and processing of non-localized resources, plus costs are lower.
  • There are also savings for the consumer - up to 50% energy; up to 35% carbon emission; up to 40% potable water ; up to 70% solid waste.

In conclusion, all the aspects mentioned above will promote higher building value, a higher return on investment and an enhanced asset value and profit that make a sustainable development into a top class investment opportunity.

Case Study – Oxford Park

Oxford Park is a perfect example of this approach. A fully planned and permitted development by the Oxford Sustainable Group near Tallinn in Estonia, it is the leading sustainable development in Europe featuring 150,000 gross square meters of outstanding commercial, office and retail facilities; residential homes; a top class hotel with convention centre and wellness spa and medical centre and renewable energy from biomass to solar panels. All integrated with economic, social, environmental, local residents, government policy, investment, finance, education, transport, All amenities are in walking distance so buyers have the option to live and work in the same area and many other factors making it the most advanced sustainable and lifestyle development in Europe today.

This master-planned community lies on 56 hectares of land, where a large part of the area is dedicated open space for community parks, forestry and outdoor leisure activities. We have chosen to locate these luxury residences and commercial area alongside a National Park because we are passionate about what this unique location has to offer. Oxford Park is a state-of-an-art multifunctional development, designed by our internationally acknowledged Italian architectural team – the future of sustainable development today.

Obviously there is great international interest for this development and Oxford have been persuaded to open the opportunity to a small number of select investment partners from Alan Forsyth’s property investment group who would like to become involved in a truly world-class project alongside Oxford’s own investment.

For more information and a downloadable PDF brochure of the Oxford Park Development click here

POSTED BY HADLEY BARRETT ON FRI 1ST OCTOBER AT 12:21 GMT
TAGS: Renewable Energy, Estonia Property, CEE Property


Hadley Barrett

Oxford Sustainable's CEO & major shareholder is Property Secrets very own Hadley Barrett. The Oxford group is a leading Investment, renewable energy & sustainable development company with offices in Estonia, Romania & the UK.

For more information on investing in Renewable Energy Funds, ask Hadley here


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