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Showing posts from September, 2022

Coastal vs domestic home prices and other South African property trends right now!

  Data Analytics group Lightstone released its latest data on the property market in South Africa, highlighting the state of the housing market in the country and the costs of home buying. The figures reveal that at the end of February 2021, annual house price inflation was 4 percent, a further positive increase from the previous month.  qatar properties "This optimism is clear at the provincial level and in the various value ranges other than the low-value segment," said the group. "The low value markets have seen lower demand due to historically low interest rates, which allowed both immediate participation in the new homeowners' higher value market and a convenient upgrade for low-value homeowners." The data show among major municipalities that coastal municipalities generally perform better than inland municipalities. This relationship extends further to all land and coastal properties. Pam Golding real estate agents said coastal purchases are like...

The most exclusive South African bank accounts for the super rich – what they cost and what they offer!

Top retail banks in South Africa all have a high-level account reserved solely for the richest people in the country. sale qatar Each account has an annual minimum wage requirement of between R750,000 million and R2.5 million or requires a significant amount of investment assets. Although the banking sector in South Africa is now a battalion for low-cost or non-cost accounts aimed at sewing unbanked into the country, the high-income array is a lucrative pool. New incoming Discovery Bank does not offer a low-income or entry-level account, but it offers an exclusive 'Purple' account, which has the highest salary requirements among all the big banks' retail accounts. A prospective cardholder must earn R2.5 million (more than R200,000 a month) per year to qualify for a Discovery Purple account to benefit from the big discounts and a specific account structure. Private banking group Investec was formerly a mother to qualify for an account but has now invited persons ...

How to become an immobilizer in South Africa!

  Would you like to pursue a real estate career? Follow this step by step guide for all the information you need to become an agent in SA.  for sale You might have heard about 'qualified real estate agents' or maybe even considered working in the real estate industry, but you have probably started your quest and then discarded it because of the jargon used or because of the various resources you needed to work through to get the complete picture. We examine the process in depth and what a real estate specialist has to do to earn a commission. It is not as easy today to qualify as an estate agent as it was in the past. "The right training opportunities for an aspiring estate agent are essential in order to ensure they are well-equipped to earn decent earnings in an extremely competitive industry," warns Lara Machado, Engel & Völkers South Africa Sales Trainer. This Guide deals with the following: Terms definitions used Who needs a qualification for real e...

Infrastructure Projects in China's Pearl River Delta to Boost Local Economies

  Future cross-border infrastructure will enhance people, capital, and trade flows between Hong Kong and mainland China, according to CBRE's Greater Pearl River Delta Infrastructure Outlook report, which examines how infrastructure projects in the Greater Pearl River Delta (GPRD) will foster long-term development in the commercial real estate market and contribute to regional economic development.  propertyfinder qatar "The GPRD is strategically located on China's'southern gate,' which connects the country to the rest of the globe. This, together with the international business environment and government assistance, gives the GPRD region a bright future "CBRE Hong Kong, Southern China, and Taiwan's Head of Research, Marcos Chan, stated. The GPRD's ongoing and planned infrastructure projects, which include several large-scale cross-border infrastructure projects implemented by the Hong Kong government, as well as a number of high-speed railway, inte...

The Asia Property Bond Market is Powered by Stock Market Volatility.

  Bond maturities are being postponed by Chinese developers, and debt is expected to peak in 2020. As several interest rate cuts were recorded across the region, debt financing became more active while the equity funding market slowed, according to CBRE's second edition of Four Quadrants Asia Pacific, a report that provides a comparative review on the 'four quadrants' of private equity, public equity, private debt, and public debt . properties for sale After a record-breaking year in 2015, when real estate businesses in Asia Pacific issued $55.7 billion in bonds, the strong pace continued in the first five months of 2016, when $24.2 billion was issued, accounting for 43 percent of the total for the year. REIT fund raising (excluding IPOs) totaled $2 billion during the same time, a 23 percent decrease year over year, owing to stock market volatility at the start of the year. Closed-ended real estate fund raising in the private equity quadrant totaled $9 billion, up fro...

Downward Home price pressures in Hong Kong are still present in mid-2016.

  The recent stabilization in residential sales was only temporary. According to the Hong Kong Residential Sales Market Report by global real estate consultant JLL, recent indicators of stabilization in Hong Kong's residential property sales do not indicate the property market has turned a corner. Home sales reached an 11-month high in May 2016, thanks to improved market optimism. According to Land Registry data issued in June, the number of residential property transactions in May increased by 0.7 percent year on year to 4,620, despite the total value of home sales falling by 20.3 percent year on year to HK$32.6 billion.  property for sale in qatar The primary sales market, which accounted for 1,538 transactions, remained in the spotlight, with developers attaining impressive sales velocities at newly announced projects. The rise in secondary residential capital values can be linked to three factors: ostensibly lower inventory pricing, a lower expectation of an interest r...

E-commerce is now driving global tectonic shifts in logistics.

The rapid expansion of e-commerce has created the most disruptive trend in the industrial & logistics industry, according to CBRE's recently released Last Mile / City Logistics Report, forever changing the way we think about industrial real estate and reorganizing the supply landscape.  properties qatar The growing population of cities, combined with new age consumer behavior—driven by the millennial generation—has increased the strain on supply chains to transport items and perishables into cities within short time limits. As city logistics and the last mile become more important, metropolitan areas around the world are shifting towards a more dynamic level of transportation in order to satisfy this need. Consumer expectations have shifted dramatically in recent years, and supply chains have been compelled to adjust as a result. According to CBRE study, UK millennials shop online for more than a third of their non-food purchases, and half are predicted to shop online for more ...

Making Sense of Brexit: What Will Happen to the Property Markets in the United Kingdom After the Vote?

With the Brexit vote completed and the UK's divorce processes from the European Union now underway, the future ramifications for the UK's property markets are huge, with great uncertainty and no genuine precedent. q atar villa "Even if it is virtually 'business as usual' for the UK in terms of commerce and legislation until 2018, such a huge change will unavoidably cause uncertainty in the economy and real estate markets," JLL UK CEO Chris Ireland tells World Property Journal. "In the case of a well-managed withdrawal, these repercussions will be substantially confined to the UK," Ireland added. We may witness a drop in occupier demand in the short run. Although constrained supply may reduce the impact on rents, activity will suffer as long as the initial uncertainty about direction and timing persists. In the short to medium term, investor mood may also stay subdued. The initial correction in property markets may be the most severe, but it should be...

Since 2013, property investment in European outlet centers has increased by 300 percent.

According to CBRE, European Outlet Centres received over €1.1 billion ($1.26 billion USD) in investment in 2015, with transaction volumes more than three times those seen three years earlier. In 2015, the number of centers transacted climbed by a third over the previous year, however unlike in 2014, when all of the purchasers were already involved in the industry, in 2015, 70% of transactions were to new entrants, including institutional capital.  apartment for sale in pearl qatar "We've seen institutional money join the industry in a large manner in the last 12 months, out-bidding conventional expert owners and driving returns sharply lower across Europe," said Daniel Hayden, CBRE's Director of International Valuations. "With most sectors' rental growth predictions being restrained, faster growth in Outlet Centers gives potential for investors to boost their overall returns." Through the shared risk / share profit mechanisms of the leasing structures, w...