China’s ghost towns may spook retail investors, but big money players are still targeting the mainland’s property sector. For one, Ivanhoe Cambridge, the property arm of Canada’s second-largest pension fund Caisse de depot et placement du Quebec, is looking to increase its investments there. While acknowledging that the mainland suffers from “shadow cities” and overbuilding, “we have also seen a ...
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Top UK markets for property investment
Experience Invest looks at the best UK property investment markets When considering buying a buy-to-let property, investors should try to look for a balance between low property prices and high rental returns. London-based property agent, Experience Invest has rounded-up the top UK markets for property investment based on rental returns. MANCHESTER Manchester is widely known as the UK’s second city. ...
Read More »Conservatives’ London mayoral candidate calls for more affordable homes in London in housing bill
Zac Goldsmith, the Conservatives’ London mayoral candidate, has said he will propose amendments to the government’s housing bill to require local authorities to build two affordable homes for every one they sell off in London. Speaking during the bill’s second reading in the Commons, the Tory MP said he supported the proposed legislation in principle, but that it needed amending ...
Read More »India: Daughters Cannot Inherit Ancestral Property if Father Died Before 2005
In a major setback for many women across the country, the Supreme Court has said that a daughter’s right to ancestral property does not arise if the father died before the amendment to Hindu law came into force in 2005. The apex court held that amended provisions of the Hindu Succession (Amendment) Act, 2005, do not have retrospective effect. The ...
Read More »Obama Takes Steps to Help Former Inmates Find Homes and Jobs
President Obama ordered federal agencies on Monday to stop asking most prospective employees about their criminal histories at the beginning of the application process, a change long sought by activists to help reintegrate former inmates into society. During a trip to Newark, where he visited a residential drug treatment center, Mr. Obama said that America would be stronger if it ...
Read More »Nigeria ranks 5th in cheapest luxury property market costs
Nigeria has been ranked fifth in the cheapest luxury property market in the emerging market with a value of $967.03 million per square. In a survey conducted by Lamudi, a global property firm, Angola ranked first with $4. 513 billion per square while Ghana trailed with $1.169 billion. Tunisia and Indonesia emerged 3rd and 4th respectively with $1.000 billion and ...
Read More »Dublin needs more high-rise buildings, says property consultancy firm
Dublin needs more high-rise buildings to attract the best talent, says property consultants Knight Frank The agent also says prime office rents in the capital are returning to boom rates. It predicts office rents in Dublin will rise by 18.2 per cent from 2015 to 2018, behind Madrid, Mumbai and San Francisco, but well ahead of London, LA, Hong Kong, ...
Read More »‘UK must build 90,000 retirement homes to avert housing care crisis’ – Report
The UK will run out of homes for its ageing population if the construction industry cannot provide another 90,000 retirement homes in the next five years, a new report has warned. According to property firm Savills, the country will need a bare minimum of 11,000 such homes a year just to sustain a projected 2pc annual increase in the number ...
Read More »Real estate mogul, Peter Kalikow gives $10 million to Hofstra for public policy school
Real estate mogul, Peter Kalikow has given $10 million to Hofstra to fund a school of public policy. Newsday reports that Peter S. Kalikow School of Government, Public Policy and International Affairs will incorporate 19 academic disciplines. Graduates will earn a degree in public policy and service. The 72-year-old Kalikow graduated from Hofstra in 1965. He is a former chairman ...
Read More »‘I’ve bought five homes, you can’t lose with property’ – Andrew Cole
Andrew Cole, one of the Premier League’s all-time top goal scorers, on bad financial advice, player wages and the merits of buy-to-let. Stating that Investing in property is his best business decision. Read excerpts below: Andew Cole is an ambassador for Manchester United FC. During a playing career of 19 years, he won 15 England caps, is the second-highest goal ...
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