Pakistan’s real estate sector has called on the government to shift the decision of determining property valuation from the federal government to the provincial governments. Pakistan’s real estate sector, in its budget proposals for the next financial year, has requested the Federal Minister of Finance to immediately exclude Section 68(4)Read More →
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Central Bank Governor Gabriel Makhlouf has told the global fund industry, which has based portfolios holding more than 4 trillion euros in assets in the Republic, that it is only a matter long before it faces strict resilience rules, similar to other areas of finance. The warning, issued at theRead More →
Central Bank Governor Gabriel Makhlouf has told the global fund industry, which has based portfolios holding more than 4 trillion euros in assets in the Republic, that it is only a matter long before it faces strict resilience rules, similar to other areas of finance. The warning, issued at theRead More →
By Sophia Dourou (May 30, 2022, 3:01 p.m. BST) – HSBC is seeking £10m ($12.6m) from Savills in a lawsuit that accuses the upmarket estate agent of inflating disregard the value of London property, saying it led the bank to make risky lending decisions. HSBC UK Bank PLC has increasedRead More →
With the threat of a real estate price bubble, which could burst at any time, real estate appraisal is currently more in demand than ever. Betting big on the sector, Munich-based proptech einwert raised 2 million euros in pre-seed to further stimulate real estate appraisals based on ESG (environmental, socialRead More →
The Utah Supreme Court has ruled against the dismissal of a lawsuit saying the Washington County School District should have offered land to a company it purchased the land from before selling it to someone another, in an opinion issued Thursday. (Kristin Murphy, Deseret News) Estimated reading time: 2-3 minutesRead More →
KUALA LUMPUR: There was no coercion or outside interference in the valuation of two state-owned plots of land for the Penang undersea tunnel project, two property appraisers claim. Former Department of Valuation and Property Services senior appraiser Zakariya Nayan and appraiser Nurul Asshima Aminullah told the Court of Sessions thatRead More →
EDITOR’S NOTE: In recent years, the Buffalo County Board of Commissioners has paid arbitrators to hear landowner assessment protests, but that’s changing this year. Rather than hire arbitrators, the board decided to sit as an equalization board to hear the protests. In preparation, the council issued a press release toRead More →
PETALING JAYA: There was no coercion or outside interference in the valuation of two state-owned plots of land for the Penang Undersea Tunnel project, say two property appraisers. Former Department of Valuation and Property Services senior appraiser Zakariya Nayan and appraiser Nurul Asshima Aminullah told the court that they wereRead More →
The sale of 13 acres of municipal land on Capital Avenue in CHI Nebraska was finalized Tuesday by the Grand Island City Council. Closing is scheduled for June 2. A vote on Tuesday to approve permission for the mayor to execute the closing documents passed by a 5-4 vote. CouncilRead More →
LORDSTOWN – Foxconn now owns the 6.2 million square foot automotive assembly plant in Lordstown, where the Taiwan-based global electronics and technology giant intends to mass-produce vehicles electrical. Foxconn EV Property Development LLC, a subsidiary of Cleveland-based Foxconn, acquired the buildings and the 599 acres they sit onRead More →
KUALA LUMPUR (May 26): Property developer UEM Sunrise Bhd returned to the black in its first quarter ended March 31, 2022 with a net profit of RM19.02 million, compared to a net loss of RM4.32 million. RM which it recorded in the corresponding quarter of last year, as revenue jumpedRead More →
How it started (yesterday): As for the angels land deal, that is now totally on hold, if not back to square one. How’s it going today): City council members voted unanimously to immediately end all proceedings surrounding the stadium deal after more than two hours of public commentary in whichRead More →
LAKE COUNTY, Calif. — The City of Clearlake has completed a property sale to a developer who plans to build a new apartment complex next to the location of a new sports and recreation center. City Manager Alan Flora said the city’s sale of a five-acre parcel at 14795 BurnsRead More →
VIB Vermögen AG / Keyword(s): Real EstateThe preliminary result of the real estate valuation of the real estate portfolio leads to a higher market value which will not be recognized by the P&L and the balance sheet and to a higher net asset value per share 25-May-2022 / 11:56 CET/CESTDisclosureRead More →
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Confusion still reigns over the future of open-ended property funds after the Financial Conduct Authority said it was still considering next steps following an industry consultation. In the latest grid of regulatory initiatives, the FCA confirmed that it had published its comments on the proposal to introduce notice periods forRead More →
City Council has tentatively agreed to terms for the sale of land at Ontario Basin to Stama Developments, a deal that could end litigation between the two parties over a dispute over another site, North West Square understand. Stama and the City Council have been locked in a legal battleRead More →
Understanding and determining real estate prices is not an easy task. This requires a lot of information such as size, neighborhood, floor, and maybe bathroom upgrades. The buyer wants to buy the property at the best price, the seller wants to maximize returns. So how do you find the rightRead More →
Two Kilcock properties were sold at the Glenroyal Hotel, Maynooth, on May 11 in what auctioneer Coonan Property described as a ‘good day for land auctions’. There was good turnout on the site from potential buyers and there was a lot of interest in the proposed Kildare plots of land.Read More →
Circle, Montana – For Mel and Kay Johnson, giving back to their community was very important as a family. The couple have always been strategic in where they put their charitable donations after combining their assets as wheat farmers for nearly three-quarters of a century. Since 2000, Mel and KayRead More →
Finally, it is revealed that the Council sold 40 hectares of land behind Tatiara de Dalmeny Street to developer Andrew Scarano for just $3.8 million. The sales contracts were exchanged in October 2021, with the director of Heppa Constructions saying he was delighted to secure the site, his first developmentRead More →
Since the overhaul of the GST rate applicable to the real estate sector as of April 1, 2019, the industry has struggled to cope with the new regime which must waive the input tax credit and meet various conditions. One of the contentious issues facing the industry was the exclusionRead More →
Baguio City Hall. (PNA file photo) CITY OF BAGUIO – The local legislature here on Thursday asked Mayor Benjamin Magalong to put a hold on increasing the fair market value of real estate in the city to avoid a spike in property taxes. “It is inappropriate given the financial situationRead More →
Sydney, New South Wales – Sydney Property Valuers Metro has established itself as the best property valuation company in Sydney by providing unparalleled customer service. The longevity of their business is a testament to their work ethic and experience in the industry. Some fundamental principles they adhere to include honesty,Read More →
PROVIDENCE, RI (WPRI) – The I-195 Commission has granted developer Jason Fane another deadline within the deadline to close a $3 million land sale for his residential high-rise project on Dyer Street. The tower’s fate is in limbo as the Rhode Island Supreme Court weighs a zoning challenge from neighbors.Read More →
THE proposed sale of an industrial unit site in Poole is unlikely to go ahead, according to the head of the BCP Council. The local authority had agreed a fee with the current tenant of 35 Willis Way for the disposal of the site. A cabinet report, prepared for aRead More →
A 200-home development is set to go ahead following the completion of a multi-million pound land sale in Derbyshire. Property consultancy Fisher German and co-agent Wiverton have completed the sale of a site off Birchwood Lane in Somercotes to homebuilder Avant Homes. The companies were tasked with marketing the siteRead More →
Melbourne, Victoria- Melbourne Property Valuers Metro understands the importance of property valuations and will ensure that all client valuations are carried out with honesty, integrity and efficiency. Melbourne Property Valuers Metro is committed to meeting and exceeding client expectations, ensuring a fast and stress-free property. Property valuation in Melbourne process.Read More →
Acting on behalf of a long-time client who owned the 40-acre Stonebridge Lane site, property consultancy Fisher German sold the site with planning permission for 400 homes to Barratt and David Wilson Homes.Fisher German has secured allocation of the 40 acre site for housing and Harworth Group obtained outline planningRead More →
Property consultancy Fisher German and co-agent Wiverton have completed the sale of a site off Birchwood Lane, Somercotes, with planning permission for 200 homes to homebuilder Avant Homes. Plans for Nether Farm homes off Birchwood Lane were approved by Borough Council in 2018, but residents of Somercotes have campaigned toRead More →
A multi-million pound land sale has been completed to pave the way for a 400-home development which is expected to support the creation of 800 jobs. Property consultancy Fisher German has sold the Stonebridge Lane site to Barratt and David Wilson Homes on behalf of a long-time client. Fisher GermanRead More →
We talked about it. And now it has finally happened. The Reserve Bank raised interest rates by 0.25%, and this has already had an impact on the equity market. But in these uncertain times, commercial real estate funds can be a stable and reliable investment. There are a lot ofRead More →
Over the past few weeks, the popularity of NFTs has been debated. A metaverse land sale sparked a frenzy that temporarily overwhelmed the Ethereum cryptocurrency. The application to become an owner in the Metaverse resulted in a sale of 55,838 Ether, or approximately $158 million, drawing criticism and providing fodderRead More →
Around 800 local jobs are set to be created at a new 400-home residential development in the Nottinghamshire town of Market Warsop following the completion of a multi-million pound land deal. Barratt and David Wilson Homes have obtained planning permission for the 40-acre site off Stonebridge Lane after Fisher GermanRead More →
Yuga Labs refunded $265,000 worth of ETH for failed deals in its sale of digital land in its Otherside metaverse last weekend. In English: People have been getting their money back for wasted magic space money trying to buy a fake property in a place that doesn’t exist but mightRead More →
By Wendong Zhang – Iowa State University Extension and Outreach Join Iowa State University and Iowa State University Extension and Outreach to learn about land evaluation and good soil practices at their 94th Annual Soil Management and Land Evaluation Conference . AMES, Iowa — Record commodity prices, farm inputs andRead More →
Marketreports.info has unveiled the addition of a new study titled Global Property Valuation Software Market which incorporates regional and global price information and is expected to generate profitable value between 2022 and 2030. The research defines the market, designates it, describes its operations, interactions and global trends in the realRead More →
Henry Boot’s land development business has completed the sale of 2,170 residential plots in Didcot, Oxfordshire, to national builders Taylor Wimpey UK and Persimmon Homes. The deal – struck by Hallam Land Management (HLM) under a town planning promotion agreement (PPA) on behalf of private landowners – represents a “significantRead More →
Owning your dream home can be one of the most exciting times of your life. However, the journey has to start somewhere. Sometimes you have to start with an equity lease. Here are some elements that could influence the valuation of the property. 1. Location The location of your propertyRead More →
NORTHFIELD — Voters at the annual municipal meeting approved all but two of 31 items on Monday evening’s term, showing their support for the creation of the Grandin watershed, planning board member allowances and the purchase of land for a public security complex. Held in the auditorium of the PioneerRead More →
Janus Henderson UK Property PAIF having recently confirmed that it has accepted the sale of its property portfolio, investors in the fund wishing to retain exposure to this asset class may be wondering where to invest the proceeds. Open-ended direct property funds have been in decline since their assets underRead More →
Open-ended funds have been falling since 2016 and this should continue according to Gravis fund manager Matt Norris. He points out that assets under management for this class rose from £22 billion to £9.1 billion between May 2016 and March 2022. Norris, director of real estate securities, said this declineRead More →
The sign puts it bluntly: “This house at 6823 S. Aberdeen was legally stolen from the black couple Mr. and Mrs. James and Lula Malone on October 30, 1963 in a widespread land sale contract scam.” Located in front of the property in question, a vacant house in Chicago’s EnglewoodRead More →
Post views: 181 Property valuations are about to get a whole lot faster, with a new cloud-based SAAS tool called Interval. It is a cloud-based solution that will enable faster valuation of properties. Faster assessments mean many other processes can be accelerated. It is estimated that 70% of the world’sRead More →
ApeCoin (APE) caught its bulls off guard, with APE price losing nearly 40% in just three days. No Dutch Auctions APE’s price hit its second-highest level, hitting $27.57 on April 28, up more than 2,650% from its mid-March debut. Nevertheless, traders started to unwind their positions after Yuga Labs, theRead More →