Real Estate News

LEGAL UPDATE – Public Health Directions extended in Queensland

IN BRIEF By way of update, we attach the Public Health (Further Extension of Declared Public Health Emergency—COVID-19) Regulation (No. 2) 2022.

Summary

On 17 June 2022, Queensland’s declared public health emergency for COVID-19 was extended to 11.59 pm on Thursday 22 September 2022.

Consequently, Public Health Directions (PHD) with an end date of 24 June 2022 have been automatically extended until 11.59 pm on Thursday 22 September 2022. Directions will be progressively updated to reference the new date of 22 September 2022.

What does this mean for you?

If you are an employer or workplace subject to the

Real Estate News

UK Property News Round-Up: What Happened in Spring/Summer 2022? – Property Investment Company: Over 75,000 Happy Investors

Following on from the early signs of slowing growth in May, June saw further evidence that the growth the property market has been experiencing was beginning to slow down. As you can see above, the annual price growth took a sharp decrease from the previous month of 5%.

This began a decline in price growth which would continue into the summer, as the rapid increase in the property market at the beginning of the year calmed down. Although there would still be positive price growth going forward, it would not reach the same highs as March and April.

Although there

Real Estate News

Inked: Recent LI real estate deals

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

Real Estate News

Why the Lower GBP Is Good News For International Investors

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

Real Estate News

What Do Property Buyers Have to Know?

Additionally distinguished within the headlines is the worth of the pound, which fell to a file low towards the US greenback early Monday.

The UK’s financial scenario is unsure, and from a property funding perspective, some UK-based buyers will uncertain be feeling the consequences of the price of residing disaster and surging vitality costs.

Nonetheless, for those who’re a overseas investor, this will likely present a singular alternative.

With the pound dropping in worth, investing in foreign currency will lead to a better yield than earlier than, as currencies such because the greenback or the euro will probably be value

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

Asbestos Cement: A Guide for Homeowners

How Dangerous Is It?

The inherent danger of asbestos cement lies in the asbestos fibers that it contains. When these fibers are inhaled, they can cause serious health problems. The risk arises when the cement material is disturbed or damaged, causing the asbestos fibers to become airborne.

Asbestos is a known carcinogen and can lead to diseases such as asbestosis, lung cancer and mesothelioma. Asbestosis is a chronic lung disease that causes shortness of breath, coughing and permanent lung damage. Mesothelioma is a rare form of cancer that most commonly affects the lining of the lungs and abdomen.

However, it’s

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