Archive for 'Real Estate'

Improving European markets boost Redefine performance

Posted on 22. Jul, 2014 by .

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The group released an interim management statement for the period March 1 to July 17‚ in which it said property fundamentals had improved. “The period since the interim results has seen a continued recovery in the real estate markets in which the company operates. With improving economic conditions‚ the company remains optimistic that rental growth […]

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City keeps control over suites

Posted on 20. Jul, 2014 by .

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Vernon officials hope to keep landlords accountable for tenants while following the letter of the law. A legal opinion called into question the city’s ability to force an owner to reside on a property that has a secondary rental suite, so the draft bylaw will now change so only one rental suite is allowed per […]

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West Kelowna wildfire now partially contained at 250 hectares

Posted on 19. Jul, 2014 by .

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Despite strong winds and increasing temperatures, firefighters gained ground Friday in the battle against the Smith Creek Fire outside West Kelowna, in B.C.’s central Okanagan. The fire, which forced 2,500 people from their homes and had grown to 400 hectares has now been reduced to 250 hectares and is 20 per cent contained. “It’s still running where […]

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Buy-to-let: the rise of the mega landlords

Posted on 17. Jul, 2014 by .

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Rising house prices across the country, coupled with a desperate shortage of accommodation, make a compelling investment proposition. And landlord mortgage lending, which had all but dried up in the crisis, is back and booming. So how do you go about becoming a mega landlord? We asked three landlords who have made it big – […]

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Decline in Beijing’s used home prices accelerates as Shanghai’s edge up

Posted on 15. Jul, 2014 by .

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The average asking price of second-hand homes fell 2.1 per cent in Beijing last month from May, the fastest pace so far this year, while they rose for a sixth consecutive month in Shanghai, by 0.6 per cent, the SCMP-CTC index shows. In year-on-year terms, the price of used homes in Beijing rose 15.1 per […]

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Build your property portfolio

Posted on 13. Jul, 2014 by .

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Now’s a good time to buy your home. But do your homework If you are a fence-sitter wondering when to buy your dream home, Arun Jaitley has given you enough reasons to embark on this project, seriously. Here are some themes that you need to keep in mind while buying property. Don’t wait Sentiment in […]

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NSW property industry most optimistic in Australia: PCA/ANZ

Posted on 12. Jul, 2014 by .

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Confidence in the property industry continues to rise in New South Wales, according to the latest results from a survey of 2,300 property and construction sector professionals. The state’s confidence was indexed at 143 for the September quarter in the Australian Property Confidence Index, with 100 considered neutral. Around 650 New South Wales property professionals […]

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Atlantic’s capital raising ‘a success’

Posted on 10. Jul, 2014 by .

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RECENTLY listed Atlantic Leaf Properties has completed its first phase of capital raising as it looks to attract South African investors seeking offshore exposure. The Mauritius- and Johannesburg-listed company on Wednesday made the announcement upon releasing its maiden financial results for the three months to May. It reported income of £78,976 and an aftertax loss […]

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SLI’s Baggaley: Why I’m focusing on secondary property, not prime

Posted on 08. Jul, 2014 by .

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Standard Life Investments fund manager Jason Baggaley is focusing on secondary property as his trust goes about an asset raising campaign. Baggaley, who manages the Standard Life Investments Property Income investment trust, has been buying up secondary property sites such as retail warehouses and distribution units as he reacts to changing consumer patterns. Why are […]

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How deft bid-riggers harmed ex-owners of foreclosed homes

Posted on 06. Jul, 2014 by .

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It was noon on a fall day in Oakland. Heat radiated off the white concrete steps and picnic tables out front of the Alameda County Courthouse where a band of would-be home-buyers gathered. Robert Kramer, a regular at the daily foreclosure auctions, joined the crowd, sporting a safari hat and an unkempt white beard. He […]

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