The planet is indeed undergoing a very hard economic period. The slowed global economic recovery not to mention the continued debt crisis has totally transformed the entire property development market all be it to the worse. It fair to say that current property development status is very different from previous ones.

Oxford, England -- (SBWIRE) --05/17/2011 -- With the world emerging economies such as China, Brazil and India taking their global share of the cake in terms of property development, many countries especially in the west and North America are slowing their ride. The economic boom in china fueled by rampant export manufacturing has by many accounts raised the living standards considerably. This has further sparked the need for houses of the billions of people in the country which has consequently boomed and revolutionized the property development industry in the country. The same has been repeated in china's main competitors; Brazil and India.

According to a property report realized by a global property consulting company the domestic demand for houses in China rose by an amazing 34% within a period of less than 5 years. The property development in the entire Asian region also rose by 38% with china and India taking most of the shares. The booming industry has been sparked by; Rapid growth of the Asian economies and financial institutions many of which are offering financial aid to people willing to buy houses The rapid rise in living standards among the citizens of these countries something associated with the booming economy.

A good and sound housing policy created by these countries.

As for countries in Africa property development has also witnessed a significant increase but not as that in Asia. Leading property development companies predict that with the current steady growth of the African economy things might get better in a few years time.

Europe and North America has indeed been the exact opposite of Asia, South America and Africa. Reports have indicated a sharp drop in property development in Europe with numerous property development companies shutting its doors due to bankruptcy. Leading economist is Europe have predicted even harder times in the coming future unless the economic situation in Europe changes rather urgently. The slow on Europe's property growth has been caused by; A raging debt crisis for European governments Public sector cuts in spending that have rendered many jobless Rising unemployment rates Slowed economic recovery in North America and Europe although some European countries such as Germany have registered tremendous progress recording an annual growth last year of 2.4%.

Damac Property is a leading property consultancy firm. The organization has vast experience in managing global property portfolios. It is also worth noting that the vast people related to this release are property investors, clients and even governments.

As a concluding remark Damac Property would like to call for renewed efforts in changing the current economic situation in Europe and North America, this will guarantee the future of property development and housing.

For more information visit Damac Property at: http://www.damacproperty.com or contact: Jasmine Hayak – 0870 634365.

Follow Damac Property on Facebook: http://www.facebook.com/pages/Damac-Property/127848680627062

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The property and media investment company Rock Media Group as one of the mitigation measures of its financial future has decided to seek the services of a leading property consultancy company Damac Property.

Oxford, England -- (SBWIRE) --05/16/2011 -- It has been noted with utter concern that the current market and financial trends in the planet is rapidly changing the way of doing business. Leading surveys conducted by reputable research organizations have proven beyond reasonable doubt that current debt crisis and slowed global economic recovery is having a considerable impact on the fiscal books of many national and multinational cooperates and co operations. As a sign of things to come and for that matter as a mitigation measure, Rock Media Group has decided to secure the future of its business and consequent survival in the rapidly approaching economic and financial uncertainties by vesting its property financial undertakings to property consultancy firm, Damac Property. Rock Media Group view this not as a measure inspired by lack of possible avenues to control our finances but because Damac Property is a company that has been there, done that and of course with a remarkable and deserved reputation.

The company has resolved to take this well thought out decision due to the following legitimate reasons; The current property development market is engulfed by numerous uncertainties, there are indeed genuine prospects that the situation will not improve or even if it defies the odds the improvement will be marginal. Rock Media Company has saw it important to balance its books through an experienced partner that will make the going easier Rock Media Group has also found it necessary to outsource some of its key tasks to a professional company and in this respect; Damac Property. This will by all means reduce our yearly budget and further yield us spectacular results as far as financial matters are concerns.

Rock Media Group has also decided to travel this road due to an inexplicable urge to change the whole structure of our financial and property concerns. Our new partners will beyond question come in handy in changing the way we do business so as to get compatible with existing financial environments.

Some of the business ventures that will feel the impact of this noble decision that take effect immediately will be our vast property development investments and the general overhaul of the entire financial structure of the company.

Rock Media Group, the source of this release is a leading property and media company with an outstanding reputation. The company is taking rampant financial management measures to ensure the continuity of its business in a rather challenging financial environment.

Rock Media Group would wish assure all its clients and current and prospective partners that the situation is under firm control and in safe hands. We highly regret any inconvenience that may be caused by this decision but still remark that it is for the future of our business and development.

For more information visit Damac Property at: http://www.damacproperty.com or contact: Jasmine Hayak – 0870 634365.

Follow Damac Property on Facebook: http://www.facebook.com/pages/Damac-Property/127848680627062

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm