Real Estate News

How the Commonwealth Games put Birmingham on the investment Radar

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

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

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

Billionaire hotelier Ong Beng Seng at a news conference in Singapore on 11 May 2007.

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

Real Estate News

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

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

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

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

Real estate sales dip in Houston and area

Real estate sales through the Multiple Listing Service in Houston and area declined in the first three months of this year compared to the same period in 2022, indicating latest figures from the BC Northern Real Estate Board.

Two single family homes sold from January to March at an average price of $110,000 while five single family homes sold from January to March in 2022 and 11 sold for the same three-month period in 2021.

Six properties sold in all for the first three months of this year at a combined value of $1.8 million.

The decline in home sales