real-estate-investments
InvestingDscr Loans: Navigating the Do’s and Don’ts for Real Estate Investors
Top StoriesWeWork Rival IWG’s Half-Year Profit Surges on High Demand, Improved Pricing
Top StoriesTaylor Wimpey Expects Full-Year Profits to Halve Amid Housing Gloom
Top StoriesAnalysis-Crisis Radar Falls on Fault Lines in Europe’s Commercial Property
German Residential Property Market Faces Risk of Price Drop – Diw Study
Date: November 23, 2022
BERLIN (Reuters) – The German residential property market faces a growing risk of price corrections, the DIW research institute said in a study released on Wednesday. “We are not facing the bursting of a huge real estate price bubble in Germany,” the report’s co-author Konstantin Kholodilin said. “But price drops of up to 10% for...
Exclusive-Bankman-Fried’s Ftx, Parents Bought Bahamas Property Worth $121 Million
Date: November 22, 2022
By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show. Most of FTX’s purchases were luxury beachfront homes, including seven condominiums in...
UK Home Asking Prices Rise, Tax Cuts to Spur Demand: Rightmove
Date: September 26, 2022
LONDON (Reuters) – Asking prices for British homes advertised rose solidly this month and last week’s cut to property purchase tax announced by finance minister Kwasi Kwarteng could fuel demand further, property website Rightmove said on Monday. Prices rose by 8.7% in annual terms after an 8.2% increase in August, with the average asking rising...
Purplebricks Slumps to Annual Loss, Shares Tumble
Date: August 2, 2022
By Aby Jose Koilparambil and Yadarisa Shabong (Reuters) -Purplebricks on Tuesday reported an annual loss as Britain’s biggest online-only estate agency struggled with implementing a new operating model and faced a challenging housing market, sending its shares down more than 10%. The UK housing industry, which fared strongly during the pandemic due to government support...
Explainer-What’s Next for China Evergrande After a Restructuring Proposal?
Date: July 29, 2022
By Clare Jim HONG KONG (Reuters) – China Evergrande Group will offer asset packages that may include shares in its two overseas-listed businesses as a sweetener for restructuring offshore debt, the developer said, as a stifling liquidity crisis in the property sector continues. Evergrande’s restructuring proposal came on Friday as China’s property sector, a key...
Rightmove Sees Stable Property Market for Rest of 2022 After Cooling Slightly in H1
Date: July 29, 2022
(Reuters) – UK’s Rightmove expects “broadly stable” market activity for the rest of the year, the online real-estate portal said on Friday, after it posted a higher half-year profit. The operator of Britain’s No. 1 real estate portal also said the property market cooled slightly in the first half of the year from the frenetic...