Canada's commercial real estate market sets another record in 2017: report

“Investors are not shying away from Canadian commercial real estate,” said CBRE Canada executive managing director Paul Morassutti Tuesday. “We have record low vacancy rates, record low unemployment, increasing institutional allocation to real estate and supportive immigration that fuels
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Randwick Council demands that a pair of duplexes on a block less than 800 square metres have to be company titled, which means owners don't own the title, but simply a “share” in the company that owns the title. The council was one of the first in Sydney to permit dual occupancy development in 1978
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18-057MR Court finds ANZ breached responsible lending laws in its former Esanda car finance business. The Federal Court in Melbourne has published its findings and reasons for ordering Australia and New Zealand Banking Group Ltd (ANZ) to pay a penalty of $5 million for breaches of the
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SENTIMENT towards European real estate remains upbeat and is further supported by the favourable macroeconomic outlook. Given the recent turbulence in the global equity markets, investors are increasingly seeking comfort and stability in traditional bricks and mortar. However, many investors find
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The bank run was triggered by the U.S. Treasury. On February 13th, 2018, the Treasury's Financial Crimes Enforcement Network (FinCEN) issued a notice accusing ABLV of money laundering. ABLV was promptly denied U.S. dollar funding. Simultaneously, depositors rushed to remove their money.
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“Internet consumer lending is now a standby service readily available in people's most frequently opened apps,” noted Jason Bedford, an analyst with UBS in Hong Kong. “Online infrastructure lowers the barrier to entry and enables more lenders to set up operation with relative ease. In record time
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Coming from a family of developers and builders, real estate has been a part of her life since childhood. Prior to getting her real estate license, Brenna worked in the hospitality and event planning industry in Portsmouth, New Hampshire. For over 15 years she worked closely with couples making large
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VILNIUS, Feb. 27 (Xinhua) — The Association of Lithuanian Banks (LBA) warned on Tuesday about risks associated with investing into cryptocurrencies following survey showing half of Lithuanians lack knowledge of cryptocurrencies. According to LBA, in spite of growing popularity of cryptocurrencies,
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Headquartered in Mount Laurel, New Jersey, the Company has been providing mortgage lending and servicing solutions since 1984 and is dedicated to responsible and ethical practices while delivering an exceptional customer experience. For additional information, please visit www.phh.com.
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Unfortunately, Doc Brown hasn't yet invented the time-traveling DeLorean, so we can't go back to the future to divine the results of the 2018 baseball season. But we can get a sense of which 2017 pitching performances can improve – or which ones could crater. Batting Average on Balls in Play (BABIP)
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The Real Estate Authority confirmed to the Herald an investigation was now under way. “The REA is investigating the matter involving the Avondale Bowling Club and Mr Drever's alleged involvement. The REA encourages anyone with information about alleged unlicensed trading to make a complaint
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That bodes well for the commercial, industrial, office and residential real estate markets and real estate investors, panelists said Tuesday at the Greater Richmond Association for Commercial Real Estate's annual market review and preview program. The event, held at The Westin Richmond, drew nearly
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It's perhaps the biggest question for financial markets in 2018: How high will Treasury yields climb? The next month may just hold the answer. After the benchmark 10-year U.S. note yield hit 2.9537 percent on Feb. 21, a four-year high, it seemed inevitable that 3 percent was in the cards. Yet buyers
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We're resegregating our housing and schools again,” former Democratic U.S. Sen. Fred Harris of Oklahoma, a co-editor of the new report and the last surviving member of the original Kerner Commission created by President Lyndon Johnson in 1967. “There are far more people who are poor now than
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Investors Title logo Bessemer Group Inc. boosted its stake in Investors Title (NASDAQ:ITIC) by 29.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,200 shares of the insurance provider's stock after purchasing an
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Last June, Asia-Pacific equities head James Boyle signaled that global client balances at the bank's prime brokerage unit had started to climb from 2016 lows and predicted they would reach new highs. The investment bank has long been strong in shifting off-balance-sheet loans to hedge funds, which
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Each January, Deloitte's Middle East Real Estate & Construction team produces a report that sets out a series of real estate predications for the coming year. Prediction #1: Dubai will consolidate its position as a global city, which will present both opportunities and challenges. Dubai has developed a
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Anyone who collects or receives money on behalf of a sectional title scheme or share-block company is required to register as an estate agent with the Estate Agency Affairs Board (EAAB) and be covered by the EAAB's Fidelity Fund. However, this fund provides very limited cover in this instance (see
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These requirements can be fulfilled in multiple ways, such as securitisation, direct assignment of loans, and Priority Sector Lending Certificates. Securitisation is the process of pooling together loans and selling them as securities by issuing a Pass-Through Certificate (PTC) through a Special Purpose
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