How the Commonwealth Games put Birmingham on the investment Radar

Post Author By Evo Plus
Post Date 11/09/2024

The Commonwealth Games may be over, but the buzz around Birmingham is set to last.

Birmingham is poised to transform from an overlooked relocation option to the next hotspot for those seeking better-value homes and a more relaxed lifestyle. Thanks to the Commonwealth Games, HS2, and big investment in Birmingham, those currently living in London are realizing that they can get more for their money in Birmingham without sacrificing the charm of city life.

How did the Commonwealth Games invest in Birmingham?

The Commonwealth Games have kick-started massive city center regeneration that has brought Birmingham to life. It lit a

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Principles for US ESG Regulation Released by American Bankers Association | Perspectives & Events

Post Author By Evo Plus
Post Date 07/09/2024

On June 23, 2022, the American Bankers Association and 51 state bankers associations released a letter to the federal financial regulators¹ that describes the principles the regulators should use when developing guidance and regulations on environmental, social, and governance (“ESG”) issues (“Industry Letter”).² These principles reflect the industry’s view on how the government can maintain a free-market financial system that also addresses national and global challenges.

The Industry Letter is driven by growing concern that new ESG regulatory requirements will impede banks’ ability to provide necessary products and services to customers. In this Legal Update, we provide background

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Real Estate News

Liverpool House Prices Rising Higher Than National Average

Post Author By Evo Plus
Post Date 17/08/2024

Liverpool House Prices Rising Higher Than National Average

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John Brady

John is a property writer here at RWinvest. With a close eye on property market news and updates, John writes detailed and informative articles on a range of topics that are helpful for anybody looking to invest in UK property.

Across the UK, the property market is seeing record growth in house prices. However, one city in the North-West is becoming a hotspot

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Real Estate News

The Chinese Housing Market: What UK Investors Need to Know

Post Author By Evo Plus
Post Date 05/08/2024

Unlike countries such as the US and South Korea, the UK is not one of China’s main trading partners. Therefore, the UK housing market is not likely to be as affected if the Chinese housing market does collapse.

However, it will still be affected due to the number of Chinese investors in the UK housing market. Ever since Brexitthe number of Chinese investors has risen by considerable amounts.

Between 2013 and 2019, there was a rise of over 10% in the number of mainland Chinese investors accounting for purchases of properties worth over £1 million. Three areas of London

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Real Estate News

LEGAL UPDATE – Mandate restrictions easing in Queensland

Post Author By Evo Plus
Post Date 08/07/2024

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

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Real Estate News

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

Post Author By Evo Plus
Post Date 14/07/2023

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

Interest Rates Rise in the UK

Post Author By Evo Plus
Post Date 27/06/2023

Given that mortgage rates are set to rise because of the rising interest rates, many buy-to-let investors will be having to pay more on their mortgages as lenders raise their rates to meet the Bank of England’s base rate.

It’s worth noting that although the Bank of England is raising their rates to 5%, mortgage lenders’ rates will be a lot higher than this. Especially with buy-to-let mortgages, rates are often a lot higher than standard residential mortgages due to the higher risk of them not being repaid.

Buy-to-let mortgage repayments cover the accrued interest of the mortgage, so monthly

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Real Estate News

Block 216 to Open in Downtown Portland on August 15

Post Author By Evo Plus
Post Date 20/06/2023

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

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