Real Estate News

Legal Update: Buy Now, Pay Later – Financial Services

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The Central Bank of Bahrain (the “CBB”) issued amendments to the CBB Rulebook Volume 5 (Type 3: Financing Companies) on 8 February 2022, to mainly incorporate innovative business models for financing consumer products within its scope as part of short-term financing activities in an effort to keep pace with industry evolution and consumer demands for financial services.

A new form of company will be permitted to enter the market of online retail platforms in the form of “Buy Now, Pay Later” (“BNPL

Real Estate News

Liverpool and Manchester Top Cities For GCC Investors

For investors based in the six Gulf Cooperation Council (GCC) countries, the UK has historically been one of the most popular places to invest in buy to let property.

Understandably, London has received the majority of this investment through the years due to it being one of the world’s most important financial centres, having huge employment opportunities, as well as an abundance of famous historical attractions leading to sustained tenant demand.

But following the Covid-19 pandemic, a number of factors have caused a significant shift in this long-established trend, a shift that’s increasingly taking North West investors.

The GCC is

Real Estate News

Block 216 to Open in Downtown Portland on August 15

Published: Jun. 20, 2023 at 6:00 AM CDT|Updated: 2 hours ago

BPM Real Estate Group to make the single largest affordable housing investment in Portland’s history

Block 216 closes on additional financing to secure funding through completion

PORTLAND, Ore., June 20, 2023 /PRNewswire/ — BPM Real Estate Group announced the August 15, 2023 opening of Block 216, the 35-story mixed-use tower located in Portland’s Central Business District. Residential condominium sale closings will be scheduled for new owners of The Ritz-Carlton Residences, Portland beginning on opening day. The debut of The Ritz-Carlton, Portland the hotel will

Real Estate News

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Price Crosses Above Fifty Day Moving Average of $43.71

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Rating) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $43.71 and trades as high as $45.76. Boardwalk Real Estate Investment Trust shares last traded at $45.71, with a volume of 300 shares trading hands.

Analyst Upgrades and Downgrades

Several equity research analysts recently commented on BOWFF shares. CIBC lifted their price objective on Boardwalk Real Estate Investment Trust from C$56.00 to C$64.00 in a report on Monday, February 27th. Scotiabank lifted their price target on shares of Boardwalk Real Estate

Real Estate News

Buyers of Trump-developed condominiums haven’t done so well, the new report says

Whether self-proclaimed real estate “mogul” Donald Trump is actually the tycoon he proclaimed to be is up for debate. But according to a new report, people who have purchased apartments in Trump-developed condominiums haven’t done so well, at least not in the last few years when prices have skyrocketed.

A look by Realtor.com at transactions in the properties that carry the former president’s brand found the numbers to be decidedly underwhelming. Prices for the apartments in his buildings “have either declined or appreciated at a slower pace than the local markets they’re in,” according to the official listing site of

Real Estate News

BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Short Interest Down 26.9% in April

BTB Real Estate Investment Trust (OTCMKTS:BTBIF – Get Rating) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 20,400 shares, a drop of 26.9% from the April 15th total of 27,900 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 29.1 days.

Analyst Upgrades and Downgrades

Separately, National Bank Financial cut their target price on shares of BTB Real Estate Investment Trust from C$3.85 to C$3.65 in a research report on Wednesday, May 10th.

BTB Real Estate Investment Trust Stock Performance

Shares

Real Estate News

Trends Reveal Record Demand for Student Accommodation

The shortfalls in student accommodation have been especially detrimental to international students – those coming from countries with a weaker currency have found accommodation increasingly unaffordable, for example.

Yet in 2022 – the UK issued nearly 500,000 study visa grants for international students – this marks an impressive 81% rise when compared to pre-pandemic figures.

Indian nationals enrolled into UK universities saw a 307% surge (105,278) compared to pre-COVID 2019 figures (34,261).

While the intake of Chinese students tapered down slightly – there has also been a significant increase in students coming from other countries such as Nigeria and Bangladesh.

Real Estate News

Green New Deal Boosts Appeal of New Build Investments

Investing in new-build property has traditionally been a popular form of property investment due to the range of benefits it can offer – this has seen many investors purchase off-plan (before the house is completed) as a means of maximizing their potential gains.

The push towards making homes energy efficient in recent years has heightened the incentive to invest in new-build properties, as tenants wish to keep their energy bills down. As a result, this has seen increased demand for such properties.

In turn, new-build properties also tend to boast higher EPC (energy performance certificate) ratings of an A or