Indiabulls Real Estate said that it has raised Rs 25 crore by issuing non-convertible debentures (NCDs). Last month, the Mumbai-based company had announced that it proposed to raise up to Rs 200 crore through issue of NCDs on a private placement basis. So far, the company has raised Rs 131 crore in three tranches. ... Read More »
The latest numbers from Royal LePage suggest that Vancouver remains Canada’s hottest real estate market, strongly outpacing the rest of the country during the second quarter of 2016. According to the Royal LePage House Price Survey released Wednesday, the aggregate price of a home in Greater Vancouver rose 24.6 per ... Read More »
In last week’s Notebook, we predicted that multifamily property sales in the Twin Cities metro are likely to eclipse last year’s record for total sales volume and that many of those deals are by well-funded national investment firms. Aeon, a Twin Cities nonprofit organization, has also been an active and ... Read More »
In the wake of rising cost burden of home buyers, comes a ray of hope in the form of a recent decision of the Delhi High Court in the case of Suresh Kumar Bansal Vs Union of India & Others 2016-VIL-284-DEL-ST. The High Court held that in a scenario where ... Read More »
The Fair Housing Act (the “Act”) unequivocally prohibits intentional discrimination by housing providers, but last year, the United States Supreme Court ruled that housing providers may run afoul of the Act, even absent the intent to discriminate. In the Supreme Court’s 2015 decision in TX Dept. of Community Affairs v. ... Read More »
HYANNIS – Barnstable County Register of Deeds John Meade has compiled the latest sales numbers from June; Meade says they reflect a trend of the last several months where both volume and value increased. Sales volume was up 3.3% over June of last year and value was up 14% over the ... Read More »
New Delhi: Indian retail real estate has become attractive again for global investor as private equity (PE) investment in this segment has reached USD 149 million in the first five months of this year and likely to break previous record of 2008, according to property consultant JLL. During the entire ... Read More »
New Zealand has slipped down the ranks, now sitting at sixth in the world for real estate transparency. Two years ago, New Zealand was in fourth place, but the latest Global Real Estate Transparency Index by JLL shows the country is now in sixth place. JLL New Zealand head of research Justin Kean said the decline reflected improvements made by other nations, rather ... Read More »
Innovation centres have been popping up around China and are set to more than double to nearly 5,000 in the next five years, according to internet research firm iiMedia. The only problem for local governments is that entrepreneurs are not moving in. Many centres are in small Chinese cities or ... Read More »
LONDON — The British pound dropped sharply Tuesday to a 31-year low on concerns that the country’s decision to leave the European Union will cause a steep slide in U.K. commercial real estate values and hurt the wider economy. Markets were jittery after three financial firms stopped trading in their ... Read More »
Australia is now the world’s second most transparent real estate market, according to the recently released JLL Global Real Estate Transparency Index 2016, supporting the solid investment fundamentals that have attracted high levels of foreign investment into Australia. The index, compiled every two years, ranks countries by looking at factors ... Read More »
The ease of doing business in Australia, with its stable and transparent regulatory and legal system, strong ethical governance and high professional standards, has led to a significant rise in foreign capital inflows for the residential and commercial sectors, according to JLL. The world’s 10 most transparent markets account for ... Read More »
