commercial real estate news Archives

How North West Regeneration Areas are Supporting the UK Property Market

Post Author By Rimuru
Post Date September 5, 2024

Regeneration areas in the North-West are helping the area to stand above other regional competitors thanks to several key reasons.

Due to the creation of thousands of new jobs across a variety of sectors, many young professionals are moving to these regeneration areas in search of work. This is helping to support the rental market as many in this age group prefer to rent flats close to where they work.

With the influx of new residents, large new residential developments often accompany or are a part of regeneration schemes to make room for those moving to the North-West.

New builds

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Inked: Recent LI real estate deals

Post Author By Rimuru
Post Date July 19, 2024

1100 Prospect Ave., West Islip

Mercurio Photography leased 1,662 square feet of warehouse and office space at 1100 Prospect Ave. In West Islip. Jamie Winkler of Winkler Real Estate represented the tenant, as well as the landlord, Mibran Realty Corp., in the lease transaction.

231 Wading River Road, Center Moriches

231 Wading River Road LLC, an entity registered to a Port Jefferson-based real estate investor, purchased a 2,975-square-foot retail building on 1.5 acres at 231 Wading River Road in Center Moriches for $4.4 million. The convenience store and gas station on the property are net-leased to 7-Eleven. Jeff Dahlman of

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Real Estate News

Legal update: Review and public consultation on crowdfunding in 2022

Post Author By Rimuru
Post Date July 18, 2024

In this snapshot legal update, we report that on 25 May 2022, in a written reply by Mr. Christopher Hui, the Secretary for Financial Services and the Treasury, to Legislative Council questions on crowdfunding, Mr. Hui confirmed that the Hong Kong Government is reviewing the regulation of crowdfunding in Hong Kong.

The objective of the review is to provide clearer regulatory requirements, and to strengthen the transparency and accountability of crowdfunding activities. The review will also focus on methods to prevent fraudulent crowdfunding activities for potentially illegal purposes. The review will include a public consultation to be completed within 2022

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Real Estate News

Why the Lower GBP Is Good News For International Investors

Post Author By Rimuru
Post Date July 13, 2024

For investors outside of the UK, this unrest can at first seem alarming. However, the various factors affecting the economic climate are a perfect storm for the housing market, and one that international investors find themselves in the eye of. They are in the best possible position to make the most of the current climate of uncertainty.

With the pound falling, this means investing in foreign currencies will get you more for your money compared to in the past, as currencies such as the dollar or the euro will be worth more in comparison to the pound.

This means that

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Real Estate News

Who is Ong Beng Seng, a billionaire tycoon in CPIB’s graft probe?

Post Author By Rimuru
Post Date July 14, 2023

Billionaire hotelier Ong Beng Seng at a news conference in Singapore on 11 May 2007. (PHOTO: REUTERS/Vivek Prakash)

SINGAPORE — One of Singapore’s richest men, Ong Beng Seng, has been served with a notice of arrest by the Corrupt Practices Investigation Bureau (CPIB).

The billionaire hotelier, who is also reported to have played a key role in bringing the Formula 1 Singapore Grand Prix into the city-state in 2007, is allegedly linked to the corruption probe involving Transport Minister S. Iswaran.

Hotel Properties Limited (HPL), of which Ong is a co-founder and managing director, said on Friday (14 July) that

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Real Estate News

Head-To-Head Review: AGNC Investment (NASDAQ:AGNCM) vs. Apollo Commercial Real Estate Finance (NYSE:ARI)

Post Author By Rimuru
Post Date July 8, 2023

AGNC Investment (NASDAQ:AGNCM – Free Report) and Apollo Commercial Real Estate Finance (NYSE:ARI – Free Report) are both real estate companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, profitability, earnings, dividends, institutional ownership, analyst recommendations and risk.

Earnings & Valuations

This table compares AGNC Investment and Apollo Commercial Real Estate Finance’s revenue, earnings per share and valuation.

	GrossRevenues	Price/Sales Ratio	NetIncome	Earnings Per Share	Price/Earnings Ratio
AGNC Investments	-$615.00 million	N/A	N/A	N/A	N/A
Apollo Commercial Real Estate Finance	$303.64 million	5.13	$265.23 million	$1.83	6.02

Apollo Commercial

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Real Estate News

Rents in the UK Rise to Record Levels

Post Author By Rimuru
Post Date July 5, 2023

From a buy-to-let investment perspective, there are a number of regions across the UK showing strong signs of rental growth such as the North West, which saw an increase of 0.83% in the average rental price between April and May.

This sits above the average increase of 0.73% across England and 0.32% in the Greater London area, making North West one of the most promising regions in which to invest when it comes to rental growth.

Furthermore, the North West’s two main cities, Liverpool and Manchester, have now established themselves among the best buy-to-let investment areas in the UK, offering

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Real Estate News

Rising Mortgage Approvals a Sign of Positive Market Growth

Post Author By Rimuru
Post Date May 26, 2023

According to the most recent data released by the Bank of England, the number of mortgage approvals rose for the first time in six months between January and February of this year.

This period saw a rise from 39,647 to 43,563, following a sustained decline in the latter half of 2022. Although this signifies a gradual return to previous norms, February approvals remained a third lower than 12 months previous, so there is still quite a way to go to reach last year’s monthly average of 62,700.

Mortgage approval rates increased by a further 18% in March of this year

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