Latest Real estate news
There’s no doubt that Harry Macklowe is a big name in the US real estate sector. Back in 2007, the developer owned some of the United States’ most iconic properties including one of Steve Jobs-designed Apple stores and a GM Building in Central Park. During the same year, Macklowe had just sealed a $7-billion deal that saw him acquire seven skyscrapers at the heart of New York City. But what the public did not know is that he also had...
San Francisco-based HelloOffice has just secured $6.5 million in a new round of funding and is absconding to Los Angeles to set up its first regional office. The fairly new real estate brokerage company disclosed to its potential customers that they will set up a new location in Southern California at 10250 Constellation Blvd. in Century City. The new LA office will be managed by the Former L.A. Realty Partners Senior Executive Director Owen File...
Internal property consultant Knight Frank noted that the demand for luxury homes in London continues to shrink following a series of political events in 2019. On top of the issues affecting the property market is Brexit. The Brexit uncertainty hovering over London’s real estate market is like mist that doesn’t seem to be clearing any time soon. Ever since the 2016 referendum, prime central London property prices have been on a downwar...
As a real estate investor, you may understand your financial risks related to having a property that sits vacant for too long or a property that depreciates in value, but these are not the only risks you face when investing in real estate. There are other risks that can negatively impact your investment from a financial standpoint, and these can inflict considerable financial loss. The good news, however, is that real estate is one of t...
Rightmove’s share price (LON:RMV) has fallen deep into the red this Thursday as UBS turned bearish on the company. Proactive Investors quoted the analysts as commenting that the property website might struggle to accelerate average revenue per agent (ARPA) growth given the weakness in the UK housing market. As of 14:52 BST, Rightmove’s share price had given up 4.12 percent to 531.20p, underperforming the broader UK market, with the benchmark FTSE...
British Land (LON:BLND) has exchanged on the sale of 12 superstores from its joint venture with Sainsbury’s (LON:SBRY), the property group has said. The London-listed company explained that the move was part of its strategy to trim its retail exposure. The news has failed to lift the British Land share price, with the stock having given up 1.41 percent to 587.20p as of 10:39 BST and underperforming the blue-chip FTSE 100 index which is currently...
Buying property off plan can be a mine field. Make sure you don't get caught out by some of the underhand tricks out there in the property investment market
With Brexit negotiations in the UK stalling, many in the UK are becoming frustrated and believe the government should just “get on with it” and reach an agreement.
Other sectors that are isolated from the effects of Brexit include the retirement home investment sector, as the success of these investments is underpinned by Britain’s demographic changes rather than political.
There are many ways to make money, and passive income is an attractive idea to those not wanting to be slaves to the regular nine-to-five jobs.
Investing in a brand new home seems like the ideal route to take when investing in real estate. However, buying an older home may be more cost effective and fit your goals better.
A reverse mortgage works by allowing homeowners age 62 and older to borrow from their home’s equity without having to make monthly mortgage payments.
In 2017, the Euro and the Dollar grew against most major currencies, while the pound fell. As a result, certain property markets have become less attractive to international buyers, while others are ripe for entry.
An ICO that plans to change the way real-estate markets work is due to launch at the end of next month.
Investors who are interested in purchasing property in Victoria have a lot of options at their disposal.
Company to pay £103 million
Next shares rally as group lifts profit guidance
LaLa World is targeting migrants and their unbanked families in frontier markets. Their LALA token is a utility, they say, but will regulators agree?
It had been predicted for some time, and this year finally saw the first rise in interest rates since the credit crunch ten years ago. So, what has this meant for the property market?
The UK residential real estate market was subdued in November, but the national averaged assessment, masks some regional differences, the latest survey from the Royal Institution of Chartered Surveyors, (RICS) showed Thursday.
UK residential real estate prices slid by 2.6% in December from November, the steepest monthly drop for the final month of the year, since 2012, according to the latest house price index from online estate agency, Rightmove. That monthly decline equates to a fall of around £8,000. Rightmove also reported a 1.2% year-on-year rise in residential real estate prices in December, across the UK as a whole.
The latest barometer of UK residential real estate prices suggests end of the year lethargy is creeping into the market. UK high street lender Halifax’s monthly index shows the annual rate of property price inflation eased in November.
Global real estate investment management firm, Knight Frank’s latest global house price index, shows the pace of house price growth slowed to 5.1% in the third quarter of 2017. That’s down from gains of 6.3% in the second quarter and around 5.6% in the third quarter of 2016
Work in the UK’s residential real estate industry was the main driver of a recovery in the latest construction purchasing managers index, (PMI). Commercial construction was the weakest sub-sector, yet again.