real estate news usa Archives - Page 2 of 2

Rents in the UK Rise to Record Levels

Post Author By Evo Plus
Post Date 05/07/2023

From a buy-to-let investment perspective, there are a number of regions across the UK showing strong signs of rental growth such as the North West, which saw an increase of 0.83% in the average rental price between April and May.

This sits above the average increase of 0.73% across England and 0.32% in the Greater London area, making North West one of the most promising regions in which to invest when it comes to rental growth.

Furthermore, the North West’s two main cities, Liverpool and Manchester, have now established themselves among the best buy-to-let investment areas in the UK, offering

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Allied Properties Real Estate Investment Trust (TSE:AP) Expected to Earn FY2024 Earnings of $2.53 Per Share

Post Author By Evo Plus
Post Date 26/06/2023

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) – Stock analysts at National Bank Financial upped their FY2024 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, June 21st. National Bank Financial analyst M. Kornack now anticipates that the company will earn $2.53 per share for the year, up from their previous estimate of $2.49.

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) last issued its earnings results on Wednesday, April 26th. The company reported C($0.10) earnings per share (EPS) for the quarter,

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Real Estate News

Buying Property For Airbnb – How to Get Started

Post Author By Evo Plus
Post Date 19/06/2023

Traditionally, investing in buy to let property has been one of the most stable and assured methods of generating a lucrative, long-term passive income.

As the UK market is historically one of the strongest and most resilient in the world, it’s easy to see why global investors consistently choose thriving cosmopolitan cities like London, Liverpool and Manchester in which to direct their capital.

Norms and traditions, however, are two things that have increasingly taken a back seat in all walks of modern life. So, what of the contemporary world of buying to let property investment?

Well, although many of the

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Real Estate News

Instability of Banks Boosts Appeal of Property Investing in 2023

Post Author By Evo Plus
Post Date 31/03/2023

If you’ve been paying attention to the news recently, then you may have noticed several banks collapsing in the US in the past couple of weeks, which is beginning to cause alarm.

For those not in the know, on March 10th, the biggest failure of a US bank since the global financial crisis of 2008 happened in real time. Silicon Valley Bank collapsed after a bank run and failed to raise capital, which was the second-largest failure of a financial institution in US history.

Following this, a second bank, Signature Bank, has also shut down, and a third has been

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Real Estate News

New Statistics Show High Rental Demand for 2023

Post Author By Evo Plus
Post Date 11/02/2023

The number of people currently inquiring about homes to rent has increased by roughly 23% since last year, while a recent Zoopla report highlights that rental inquiries per estate agency branch are 46% above the 5-year average.

On the other hand, the current stock of homes for rent is 38% below the average of the past five years and 4% below what it was in November 2021, highlighting the supply gap that the UK currently faces.

In many cases, this has resulted in lets being agreed upon before viewings have even taken place and instances in which potential tenants are

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Real Estate News

KKR Real Estate: Q4 Earnings Snapshot

Post Author By Evo Plus
Post Date 08/02/2023

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported fourth-quarter net…

NEW YORK (AP) — NEW YORK (AP) — KKR Real Estate Finance Trust Inc. (KREF) on Tuesday reported fourth-quarter net income of $20.3 million.

On a per-share basis, the New York-based company said it had a profit of 21 cents. Earnings, adjusted for non-recurring gains, were 18 cents per share.

The real estate finance company posted revenue of $51.9 million in the period.

For the year, the company reported profit of $38.1 million, or 23 cents per share. Revenue was

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