Real Estate News

What Does the Spring 2023 Budget Mean for Property Investment?

Chancellor Hunt also revealed the government would deliver 12 “investment zones” across the UK – with the intention of creating new “potential Canary Wharfs.”

Regions like the West Midlands, Greater Manchester, and Liverpool were highlighted as potential candidates. The Chancellor stated that successful applicants must be able to identify a specific location where a partnership between local government and local universities/research institutes could provide valuable innovation.

Successful candidates will receive £80m in funding each over the next 5 years, further encouraging investment in these critical areas and strengthening their local economies. If all goes well, this could encourage many investors

Real Estate News

Alexandria Real Estate Equities (NYSE:ARE) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Alexandria Real Estate Equities (NYSE:ARE – Get Rating) in a research report issued on Thursday. The brokerage sets a “hold” rating on the real estate investment trust’s stock.

Several other equity research analysts also recently weighed in on ARE. JMP Securities reaffirmed a “buy” rating and set a $180.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, January 31st. Evercore ISI decreased their price objective on shares of Alexandria Real Estate Equities to $168.00 in a research note on Friday, December 2nd. Mizuho increased

Real Estate News

Falling Property Prices Make Property Investment More Affordable

Of course, this all sounds incredibly dramatic and appears to have come right out of the blue, but this price drop has been expected by many property experts for a long time now – due to two years of inflated house prices post-pandemic.

However, despite the price crash being anticipated, the market has become more volatile than experts predicted due to the cost of living crisis and other similar factors.

Alongside this, many experts are also forecasting a further decline in 2023. For example, Lloyds, the UK’s largest mortgage lender, expects prices to fall by 8% this year.

This may