VAT clouds UAE's commercial real estate market in 2018, says JLL

The introduction of VAT in the UAE may impact parts of the real estate market in 2018, in particular the retail and office segments as softer conditions force landlords to absorb extra costs, said property consultancy JLL. “It can't be a positive [market influencer] so if anything it's going to be a negative, but
See Original Article

In general, 30-day is the standard price most lenders will (should) quote you. The 15-day option should get you a discount, and locks over 30 days usually cost more. In a rising rate environment, the decision to lock or float becomes complicated. Obviously, if you know rates are rising, you want to lock in
See Original Article

Macquarie Infrastructure and Real Assets agreed to acquire Munich-based real estate manager GLL Real Estate Partners in a deal that will bolster real estate assets under management to €10.6 billion ($13.2 billion), said a spokeswoman. MIRA, part of Macquarie Group, said in a news release Tuesday
See Original Article

US stocks took a deep plunge plunge yesterday, with the Dow Jones industrial average (DJIA) dropping 1,175 points, or 4.6% to close down at 24,345.75. The DJIA is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the NASDAQ. It came as investors
See Original Article

The 55+ housing market ended last year's fourth quarter strong, with builder confidence in the single-family market hitting a record high, according to the National Association of Home Builders' 55+ Housing Market Index. Builder confidence in the 55+ housing market for single-family homes reached a
See Original Article

STWD is a leading real estate finance company and the largest commercial mortgage REIT in the US with a market cap of $5.8 billion. I am becoming increasingly nervous of STWD's expansion into equity investments. I am not interested in the complexity related to STWD's evolving business model.
See Original Article

January gun sales slumped in comparison to past years, according to new data from the FBI's National Instant Criminal Background Check System. The government doesn't keep an exact count of firearms sold, but the system can be used as a proxy for sales and is considered an indicator for the
See Original Article

First National Bank (FNB) business banking clients are reporting that their online banking services are not working. Some clients are receiving an error message stating that FNB Online Banking Enterprise and the forgotten password function are not currently available. The bank said it is aware of the
See Original Article

Answer 41 of 42: I found a 4.5 star Cheap Caribbean Deal of Fortune. (That's where you pay for a certain level, then they assign you to a hotel, like Hotwire or Priceline) The Fine Print says that it is 10 minutes away from the airport. It's…
See Original Article

Jeff Knight (pictured), marketing director for Foundation Home Loans, argued that: “From our perspective, we don't think it adds any value to the underwriting decision.” He continued: “When it comes to portfolio BTL lending, we believe the simplest solution is to just look at the existing portfolio's leverage,
See Original Article

Last year, several GSK representatives had me try on an “empathy vest” to emulate what it's like to live with diminished lung function at the Fortune offices; with the apparatus strapped on, choking my lower chest and abdomen, I found it hard to get through more than a couple of sentences—even while
See Original Article

Bird's Eye View: Perspectives Shaping the Housing Market. February 6, 2018. Group of people. Photo: Pexels. A new report using survey data of 4,270 U.S. residents in 14 metros who bought or sold a home last year is the first in a series of three reports analyzing the effects of politics and society, the
See Original Article

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.15, from 1.1 in 2017Q2. It dropped, as 14 investors sold Digi International Inc. shares while 30 reduced holdings. 12 funds opened positions while 30 raised stakes. 20.57 million shares or 0.09% less from 20.59 million shares in 2017Q2 were
See Original Article

The government has been called to put a so called 'second mortgage' scheme on hold. Initially scheduled to come into effect in April 2018, the new system will replace the “support for mortgage interest” (SMI) which helps those who are struggling to cover the cost of their mortgage. Those who choose to
See Original Article

The health of Zimbabwe's main opposition leader, Morgan Tsvangirai, has worsened with his cancer having appeared to have spread and his immediate family have been called to a hospital in South Africa, a senior party official said. Tsvangirai, 65, a former labor union leader, opposed former
See Original Article

Financial experts say debt (mortgage, loan) is not a bad thing, if used for wealth creation. This is a reason for low mortgage penetration, according to the President of Mortgage Banking Association of Nigeria (MBAN), Mr. Adeniyi Akinlusi, during a chat with journalists in Lagos, recently. Quoting available
See Original Article

Paradigm members can now register as introduces with Age Partnership to introduce clients who require later life advice. John Coffield, head of Paradigm Mortgage Services, said: “Not all advisers have the necessary authorisation or experience in the later life market to offer advice, however I suspect all
See Original Article

India's push toward universal health care has Prime Minister Narendra Modi's political opponents worried, a top government adviser said. Modi's government announced a plan last week to provide health insurance to 100 million poor families, which would cover about 40 percent of the population.
See Original Article

“Nobody knows anything,” screenwriter William Goldman wrote in his book about the movie business, Adventures in the Screen Trade. Bearing that in mind, here are two charts that suggest the rout in equity markets in recent days is justified — and two that suggest the moves are overblown. Inflation Is
See Original Article

LTD. lessened its stake in Philip Morris International Inc. (NYSE:PM) by 4.4% in the third quarter, according to the company in its most recent 13F filing with the … Piper Jaffray Companies set a $130.00 price target on shares of Philip Morris International and gave the company a “buy” rating in a report on
See Original Article