Fri, Jul 25, 2014
A A A
Welcome hendrik.absolut
RSS
Real Estate Briefing 24.Nov 2011

Posted on 24 November 2011 by Laxman |  Email |Print

It is going to be a tough slog for the commercial-real-estate industry, says Moody’s Investor Service. U.S. commercial-property values overall are expected to see sluggish growth in coming years, even dropping some next year. By 2015, the firm projects that office values will rise just 1.3%.
The restrained outlook comes as job growth has been slow, hundreds of billions of distressed commercial mortgages are coming due and landlords must sign leases in a relatively low-rent environment………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Sam BullardU.S. home prices will stagnate through next year and only start recovering in 2013, according to economists polled by Reuters who also felt the stimulus options being floated will not do much to reinvigorate the market.
The housing market, considered by many as critical to any meaningful economic recovery, is still struggling to find its footing after collapsing by a third over the past several years, leaving many owing more than their homes are worth………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

U.S. mortgage rates declined, sending long-term borrowing costs to the second-lowest level on record after an unexpected increase in home sales.
The average rate for a 30-year fixed loan dropped to 3.98 percent in the week ended today from 4 percent, Freddie Mac said in a statement. It reached 3.94 percent last month, the lowest in Freddie Mac records dating to 1971. The average 15-year rate fell to 3.30 percent this week from 3.31 percent, according to the McLean, Virginia-based mortgage-finance company………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

If the euro weakens further then your property will be worth a lot less in pounds. Should those who own holiday homes in Spain, Greece and Italy be looking to sell up, as the crisis engulfing the eurozone deepens?
Thousands of Brits own a second home in the countries hardest hit by debt problems. France and Spain remain the most popular destination for those with an overseas property, but an increasing number of people now own property in Greece, Italy and Portugal………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Property lobbyists are set to do battle with the European Union amid growing fears it may try to impose a tax which would undermine the benefits of Real Estate Investment Trusts (REITs).
The British Property Federation (BPF), EPRA, INREV and AREF have united in a bid to stop the proposed financial transactions tax (FTT) from being applied to REITs and real estate funds. Industry concern is centred on the wide-ranging definition of financial institutions to which the tax would apply. At present, this includes alternative­ investment funds and their fund managers………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Pre-crisis property fund structures developed in the boom years are no longer fit for purpose in the post-crisis environment, according to PwC.
The firm’s survey of 30 European vehicles claims new types of funds designed for specific kinds of investors will emerge with the market recovery, including arrangements that “blur the boundaries between what was traditionally regarded as the fund and what was traditionally regarded as a segregated account”………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

The government’s latest plan to prop up the UK property market has been criticised by almost everyone. And rightly so. Encouraging lenders to give first-time buyers 95% home loans is downright immoral in the current climate.
There’s a reason that lenders require big deposits and are reluctant to give people money just now – it’s because they think house prices are more likely to fall than to rise………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Owning a home could be put further out of reach for many Britons as the Bank of England has warned the housing marketing is unlikely to recover from the financial crisis.
Bank of England Monetary Policy Committee member David Miles said there is a possibility that house prices will not return to the pre-recession levels a banks are more reluctant to provide loans, according to The Telegraph………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

The value of residential real estate assets in Turkey has risen, new research shows. According to the REIDIN.com monthly property index for the nation, the worth of homes increased by an average of 0.81 per cent in October, compared to September.
Izmir saw the biggest price hike in this period at 1.53 per cent, while Istanbul also topped the average figure with a jump of 0.88 per cent in its real estate values………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

The MENA population is growing at a rate of 2.1%, which is high in comparison to world population growth; and with approximately 60% of the population under 25 years of age, home ownership demand is huge.
Regional Governments in the post-Arab Spring era will be increasingly focused on housing and we believe that the market is likely to witness double digit growth over the next few years provided regulations evolve quickly to address the affordable housing segment,’ said R Lakshmanan, CEO of Sakana Holistic Housing Solutions……………………………………….Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

The National Housing Bank’s Residex, which tracks residential property prices across 15 cities, has shown a sure sign of demand slowing. Property prices in nine cities dropped in the September quarter, while two cities experienced falling prices in the previous quarter.
The number of cities with property rates rising was down to six in the second quarter, against 12 earlier, according to the NHB index………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Prices of residential properties shot up significantly in six cities, including Pune, Chennai and Mumbai, while there was a decline in nine during the second quarter 2011-12 year-on-year, the National Housing Bank said.
As per the NHB’s Residex index for the July-September quarter, residential housing prices in Pune went up by 13 percent year-on-year, followed by an increase of 9 percent in Chennai and 7 percent in Mumbai. NHB is the housing finance regulator………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

With the local property market showing signs of cooling, almost every angle is worked to increase yields, and a trade in so-called haunted houses is now a visible feature of the market.
“There are a group of people that go around and bid on them,” explains Eric Wong, a realtor with Hong Kong’s Squarefoot.com.hk. “Chinese people, especially in Hong Kong, don’t like houses where something unfortunate has happened………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Singapore’s office property market has lost its appeal as an investment, according to real estate firm DTZ. DTZ said demand for office space has declined, and the sector is now considered “cold”.
It defines “cold” as property that is more than 5 per cent overpriced, with potential yield below expectations………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Malaysia’s Pavilion Real Estate Investment Trust is set to raise M$710 million ($228 million) from its initial public offering after fixing the price at the top of the range at M$0.90 per unit for institutional investors, according to sources.
The retail tranche, which accounts for 4.4% of the deal, was priced at M$0.88 per unit………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Nomura Holdings Inc has started talks to sell domestic businesses including its real estate arm, the Financial Times reported, as Japan’s top brokerage rushes to beef up cash in an ailing stock market.
Nomura was considering the sale of Nomura Real Estate Holdings Inc and its consulting arm, Nomura Research Institute, the newspaper said on Tuesday, and was in preliminary talks with private equity buyers………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

Asian investors will soon be able to buy a yuan-denominated convertible bond targeted at Australia’s commercial and residential property sector.
Meeting the increasing appetite for “dim sum” bonds, Agincourt Capital plans to raise the equivalent of US$500 million in renminbi in the next six to nine months before tapping investors for another US$500 million in 2013………………………………………..Full Article: Source

Posted on 24 November 2011 by Laxman |  Email |Print

With the ability to now get three-year fixed-rate home loans for 5.99 per cent, and 6.39 per cent variable-rate loans, there is understandably excitement brewing about the prospect of a recovery in the Australian housing market.
If the financial markets are right, and the RBA cuts rates another six to seven times by the middle of next year, we will get a very healthy rebound indeed. But in terms of actual near-term data flows, don’t expect too much, too soon………………………………………..Full Article: Source

See more articles in the archive

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031