Real Estate News

The Rising Demand For City Center Houses in the North West

With the current economic boom the housing market is seeing, many are looking to move closer to city centers outside of London. With the capital still showing property values ​​far above the rest of the UK, there are many benefits to moving to different areas.

Cities in the North-West like Liverpool and Manchester are considered the best places to buy property due to their vibrant culture, growing economies and array of job opportunities. This has seen houses in city centers become prime real estate.

Compared to other kinds of properties like flats and apartments, properties like Townhouses or Duplexes offer

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

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

Here Are 3 Cities You Should Not Buy Property in If You Want To Be Rich

ChrisBoswell / Getty Images/iStockphoto

ChrisBoswell / Getty Images/iStockphoto

In real estate, different markets offer different opportunities and risks — there’s no such thing as a good or bad city. Long-neglected and overlooked metros can be hot prospects if they offer the chance to buy at the bottom in a town on the rise.

Take a Look: 15 Cities Where Houses Are the Best Bargains Right Now
Learn: 3 Things You Must Do When Your Savings Reach $50,000

“It is crucial to recognize that investment potential can change over time, and cities may undertake efforts to overcome their challenges and create new opportunities for real

Real Estate News

ChatGPT weighs in on OKC real estate and … me, plus lots of news

Richard Mize, Senior Business Writer

Hey, y’all. This AI stuff − Artificial Intelligence, ChatGPT, developed by OpenAI, is freaky.

You may or may not know that I’m a part-time minister. On a lark the other day, I tried out ChatGPT by asking it to write a sermon on “loving your enemies.” Timely to say the least, the way this country sometimes seems to be coming apart at the seams. I will spare you the preachin’, just to keep my worlds from colliding.

I’ve been playing with it in spare moments. Last night I made this goofy request:

Hey, ChatGPT! Write a 10-line poem about Richard

Real Estate News

NexPoint Diversified Real Estate Trust Announces Quarterly Dividends

Published: Apr. 26, 2023 at 8:30 AM EDT|Updated: 21 hours ago

DALLAS, April 26, 2023 /PRNewswire/ — NexPoint Diversified Real Estate Trust (“NXDT”) (NYSE: NXDT) announced today that its board of trustees has declared a quarterly distribution of $0.15 per common share of NXDT. The dividends will be payable on June 30, 2023to shareholders of record on June 15, 2023.

NXDT
NXDT(PRNewswire)

About NexPoint Diversified Real Estate Trust (NYSE:NXDT)

NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management

Real Estate News

FY2023 Earnings Estimate for Dream Office Real Estate Investment Trust (TSE:D) Issued By National Bank Financial

Dream Office Real Estate Investment Trust (TSE:D – Get Rating) – Equities researchers at National Bank Financial lowered their FY2023 earnings per share estimates for shares of Dream Office Real Estate Investment Trust in a research report issued on Monday, April 17th. National Bank Financial analyst M. Kornack now expects that the company will post earnings per share of $1.45 for the year, down from their previous estimate of $1.51. National Bank Financial currently has a “Outperform Under Weight” rating on the stock. National Bank Financial also issued estimates for Dream Office Real Estate Investment Trust’s FY2024 earnings at $1.57

Real Estate News

New Statistics Show High Rental Demand for 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