Hints and tips:
...Fund manager M&G is to close its £565mn property fund following sustained outflows by UK retail investors looking to get out of the ailing real estate market....
...That’s F-L-I-C. For more information about your rights as a tenant, do check out the Generation Rent website. Jason Butler is on Instagram and Twitter. He’s @jbthewealthman. Timi is @mrmoneyjar....
...“Anything below 1 per cent is really just clinging on now,” says David Hollingworth, associate director at broker L&C Mortgages....
...To be clear there has been some acceleration in u/l demand, we’d assume also including the UK as pubs and restaurants have re-opened....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Opportunity for real estate development. Soother of stressed urban minds.” He does not do lyrical....
...Apart from negative l-f-l rental and value growth, we assume recapitalizations to an LTV of c.35% by 2021 lowering the EPS and NAV by c.49% and c.61%....
...“A lot of lenders moved away from accepting as much variable income as they did before the pandemic,” says David Hollingworth, director at mortgage broker L&C Mortgages....
...One area of financial stress we should pay close attention to is in the real estate market. Some UK real estate investment trusts have lost 40% of their value since the start of the month....
...Intu Properties is up a bit after confirming a Sunday Times report that Link Real Estate, a Hong Kong Reit, was in talks to back its rescue rights issue....
...Given our view of a lower rate of u/l FCF, we think the release of LT deposits has been required to replenish lower 1H inventories in 2H and service ST debt....
...One mystery here is the identity of the investment consortia buyers, “Gemstone Investment Holding Ltd” and “Allied Cigar Corporation, S.L”....
...But, on a year-on-year basis, their forecast for US growth shows -11% in Q2, -8% in Q3, and -5% in Q4, which clearly qualifies as U-shaped....
...Like rival tower owner ATC, Crown Castle has been one of the best-performing stocks in real estate....
...For more conservative wealth managers such as L&C, this creates a headache....
...At present, mortgage lenders are required to limit the amount they lend above the 4.5 times-salary threshold to 15 per cent, says David Hollingworth of L & C Mortgages....
...The potential liquidity problem is illustrated also by the panic selling of real estate funds in Britain after the Brexit vote. That selling caused numerous open-end funds to suspend redemptions....
...The large numbers will include car loans in the U.S., student loans (most of whose losses the government will absorb), high loan-to-value (LTV) mortgages in the U.S., commercial real estate loans on retail...
...Five of the UK’s largest property funds are holding more than a fifth of their assets in cash rather than bricks and mortar, as fears persist of a repeat of last year’s run on the real estate investment...
...The group also bought a range of global real estate investments, including the former headquarters of Italian bank UniCredit in Milan for €345m, London’s Thomas More Square development for £300m and the...
...InfraRed Capital Partners, an international investment manager focused on infrastructure and real estate, has appointed Ben Loomes as a managing partner and head of infrastructure....
...(Hard assets such as bullion, art, and real estate that isn’t rented out also wouldn’t show up in the income tax tables, but these assets are both harder to measure and less important than stakes in productive...
...estate....
...Google Scholar lists dozens of entries under the name Janet L. Yellen....
...The real fireworks are expected next week, when contemporary art, now the richest category in the market, hits the block....
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