SAK sees demand-driven growth in real estate sector

SAK sees demand-driven growth in real estate sector

DOHA: Braving an unjust blockade imposed on Qatar by a few neighbouring countries, Qatar's real estate sector witnessed a high growth rate, both in terms of value and numbers in 2017. The entry of a large number of citizens from foreign countries, and the approval of a draft law that allows non-Qataris
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Cape Town house prices fall amid water crunch

Although Cape Town house prices are still beating inflation, they slowed to 9.7% in the fourth quarter of 2017 from highs of 15% in the first quarter of 2016, according to figures from Standard Bank Group. “Although it would be difficult to separate and quantify the reasons for this easing growth, the Cape
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Top ANC Committee to Meet After Talks With South Africa's Zuma

A committee of top officials from the African National Congress, South Africa's ruling party, is due to meet on Monday after its six most-senior leaders met with President Jacob Zuma, who is facing mounting pressure to step down. “The NWC will meet tomorrow,” ANC Secretary-General Ace Magashule
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HQ Trivia Got Its Surprise Super Bowl Ad for Free

(For a sense of why that's impressive, consider that last year's Super Bowl broadcast on Fox attracted an average online audience of 1.7 million viewers.) Intermedia Chief Executive Officer Rus Yusupov told Bloomberg Businessweek in January that the company plans to eventually create an interactive
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2/39 Haig Street Mowbray Tas 7248

Top of the Class. 2 bedrooms House for Sale. $175000. 2/39 Haig Street Mowbray Tas 7248. Listed by Roberts Real Estate – Launceston. Features: Garage Spaces, Close to Schools, Close to Shops, Close to Transport.
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China Could Steer Self-Driving Cars

In China, the cars are becoming smarter. Last week, Alibaba Group Holding Ltd. and Foxconn Technology Co. Ltd. led a $348 million fundraising round for Guangzhou Xiaopeng Motors Technology Co. Ltd., a three-year-old startup developing internet-connected, electric cars. The investment might seem
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Aussie Central Bank Stranded as Reflation Skips Ex-Star Economy

Moreover, after almost doubling in response to RBA rate cuts, Sydney house prices have started to slide as macroprudential policies deter investors. With a lack of pricing power in the economy — and Amazon.com Inc. predicted to spur further retail deflation — there's little pressure on policy makers to act.
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Stakeholders plan to simplify mortgage transactions

Stakeholders in the mortgage sub-sector have revealed plans to simplify mortgage transactions for aspiring homeowners in the country. One of the steps, according to them, is the inauguration last year of the 'My Own Home' scheme, a Public-Private Partnership created to increase access to housing
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$8.6bn of Westpac mortgages go to P&I

The lender also says 22 per cent of new home loans in the three months to December 31 were interest-only, less than half the level of a year ago and well below the 30 per cent limit set by the Australian Prudential Regulatory Authority. Mortgage lending to investors grew by 5.1 per cent, below APRA's
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Surveying Shares of Granite Real Estate Investment Trust (TSX:GRT.UN)

After a recent scan, we can see that Granite Real Estate Investment Trust (TSX:GRT.UN) has a … Technical investors look to identify trends when assessing a stock. … If a bullish trend is spotted, the trader may expect the upward trend to continue and thus try to capitalize on further upward action.
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Non-bank on hiring spree

Blackstone became a majority stakeholder in the lender last December, in a deal that marked its entry into small business mortgage lending in Australia. … “With 230 staff across offices in Melbourne, Sydney, Shanghai and Hong Kong, this non-bank lender is now on a major uplift and expansion path,”
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New leader set to take the helm at Federal Reserve

Jerome Powell, governor of the US Federal Reserve and President Donald Trump's nominee as chairman of the Federal Reserve, speaks during a nomination announcement in the Rose Garden of the White House in Washington, DC on November 2, 2017. Powell takes over at a remarkably quiet time
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Auckland house sales fall 5.7pc in January

The number of houses sold in Auckland fell 5.7 per cent in January from a year earlier, even as prices edged lower, with the pipeline of available properties in the country's biggest city swelling to a six-year high, says realtor Barfoot Thompson. There were 593 sales in Auckland last month, down from
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Lloyds Bank in Bitcoin crackdown: credit card owners banned from buying cryptocurrency

Britain's biggest bank has become the first to announce a ban on customers using credit cards to buy Bitcoin amid fears they could run up huge losses. Lloyds Banking Group will on Monday tell its 9 million credit card customers that it will block any attempts to buy Bitcoin after the digital currency lost
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'Mortgage market records 82 per cent growth'

The mortgage finance market recorded 82 per cent growth between 2010 and 2016, the Mortgage Banking Association of Nigeria (MBAN) President, Mr. Akinniyi Akinlusi, has said. He made this known during a chat with The Nation. Akinlusi said while the size of the mortgage market in 2010 was
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Blackstone Mortgage Trust Inc (BXMT) to Post Q1 2019 Earnings of $0.62 Per Share, B. Riley …

Blackstone Mortgage Trust Inc (NYSE:BXMT) – Analysts at B. Riley issued their Q1 2019 earnings estimates for Blackstone Mortgage Trust in a research report issued on Thursday, Zacks Investment Research reports. B. Riley analyst J. Levi-Ribner expects that the real estate investment trust will post
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Wells Fargo: Fed order could cut $400M from bank's profit this year

Wells Fargo says Federal Reserve sanctions on the bank after a fake accounts scandal and other problems could reduce the embattled bank's profits by as much as $400 million this year. The San Francisco-based bank issued the estimate after Friday's consent order with the Fed required the
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PM scheme: Insurers for 3-fold hike in premium

According to Srinivasan, the Real Estate (Regulations & Development) Act has thrown up a big opportunity for non-life insurers as it has made it mandatory for builders to purchase title insurance. “We are launching this cover soon. While initially it will be purchased by builders, we expect a market among
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Why Didn't a Planned Safety System Stop Sunday's Amtrak Crash?

Authorities investigate the scene of a fatal Amtrak train crash in Cayce, South Carolina on Feb. 4, 2018. Tim Dominick—The State/AP. By David Z. Morris. 5:29 PM EST. In the wake of Sunday morning's news about a fatal collision between Amtrak and CSX trains in South Carolina, you may have felt a
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How to leave a job: Yellen bans a bank's growth, warns of commercial RE prices

In a final interview taped Friday aired today, Yellen contemplated whether the American commercial real estate market was in a bubble. The market's prices are “quite high relative to rents,” she said in the interview which aired on CBS's “Sunday Morning” show. “Now, is that a bubble or is it too high?
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