Real Estate News

LEGAL UPDATE – Mandate restrictions easing in Queensland

IN BRIEF

The Public Health (Further Extension of Declared Public Health Emergency—COVID-19) Regulation (No. 2) 2022 was implemented only last week. However, the Premier has turned around on that announcement and has announced some of Queensland’s last remaining COVID-19 restrictions will be lifted from 1am, 30 June 2022.

Summary

Beginning this Thursday, Queenslanders will no longer require COVID vaccinations to visit aged care facilities, disability accommodation and correctional facilities.

The Premier has also announced that the high-risk worker vaccine mandate would also be revoked in schools, early childhood education, outside school care, kindergartens, family day care, police watch houses, youth

Real Estate News

Allied Properties Real Estate Investment Trust (TSE:AP) Expected to Earn FY2024 Earnings of $2.53 Per Share

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) – Stock analysts at National Bank Financial upped their FY2024 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, June 21st. National Bank Financial analyst M. Kornack now anticipates that the company will earn $2.53 per share for the year, up from their previous estimate of $2.49.

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) last issued its earnings results on Wednesday, April 26th. The company reported C($0.10) earnings per share (EPS) for the quarter,

Real Estate News

Artis Real Estate Investment Trust Unit (TSE:AX.UN) Share Price Crosses Below 200-Day Moving Average of $8.32

Shares of Artis Real Estate Investment Trust Unit (TSE:AX.UN – Get Rating) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$8.32 and trades as low as C$7.20. Artis Real Estate Investment Trust Unit shares last traded at C$7.25, with a volume of 452,415 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AX.UN. National Bankshares lowered their price target on Artis Real Estate Investment Trust Unit from C$8.00 to C$7.75 and set a “sector performing” rating on the

Real Estate News

Beitler Real Estate Corp. News & Articles

(Crain’s) — A deal between developer J. Paul Beitler and St. Andrews’s Greek Orthodox Chicago to develop a high-rise condominium on a site adjacent to the Edgewater church is falling apart, nine months after the collapse of another transaction with a different developer on the same site. See related story: Apartment REIT drops plans for Lake Shore Drive Tower In August, Mr. Beitler had sought city zoning approval for a 45-story condo tower that would include 288 residential units and parking for 613 cars. The three-acre site is located just south of the church, 5649 N. Sheridan Rd. In a

Real Estate News

FY2023 Earnings Estimate for Dream Office Real Estate Investment Trust (TSE:D) Issued By National Bank Financial

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) – Equities researchers at National Bank Financial lowered their FY2023 earnings per share estimates for shares of Dream Office Real Estate Investment Trust in a research report issued on Monday, April 17th. National Bank Financial analyst M. Kornack now expects that the company will post earnings per share of $1.45 for the year, down from their previous estimate of $1.51. National Bank Financial currently has a “Outperform Under Weight” rating on the stock. National Bank Financial also issued estimates for Dream Office Real Estate Investment Trust’s FY2024 earnings at $1.57

Real Estate News

Report: Thomas sold real estate to donor, didn’t report deal

Conservative mega-donor Harlan Crow purchased three properties belonging to Supreme Court Justice Clarence Thomas and his family, in a transaction worth more than $100,000 that Thomas never reported, according to the non-profit investigative journalism organization ProPublica.

WASHINGTON (AP) — Conservative mega-donor Harlan Crow purchased three properties belonging to Supreme Court Justice Clarence Thomas and his family, in a transaction worth more than $100,000 that Thomas never reported, according to the non-profit investigative journalism organization ProPublica.

The 2014 real estate deal shines a new light on Thomas’s decades old relationship with Crow, a real estate magnate and longtime financier for conservative

Real Estate News

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF) Stock Price Up 1%

Dream Industrial Real Estate Investment Trust (OTCMKTS:DREUF – Get Rating)’s share price rose 1% during trading on Monday . The company traded as high as $10.48 and last traded at $10.48. Approximately 360 shares changed hands during trading, a decline of 72% from the average daily volume of 1,265 shares. The stock had previously closed at $10.38.

Wall Street Analysts Forecast Growth

DREUF has been the topic of several research reports. BMO Capital Markets began coverage on shares of Dream Industrial Real Estate Investment Trust in a report on Tuesday, February 28th. They issued an “outperform” rating on the stock.

Real Estate News

Liverpool Has Been Voted One of The UK’s Top Student Cities

Considering Liverpool is one of the biggest cities in the UK, prices for both rent and property are very affordable.

The average house price in Liverpool as of December 2022 was £183,512, over £100k below the national average of £295,000. This means Liverpool is one of the most affordable places to buy property in the country, making it an ideal place for student property where lower costs are key.

This affordability translates to the rental market as well. Home.co.uk reports that Liverpool has a median average rent of £745 per calendar month, again below the national average while still being