Residential real estate – Talktalk China http://talktalkchina.com/ Sun, 21 Nov 2021 03:53:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://talktalkchina.com/wp-content/uploads/2021/10/icon-2-120x120.png Residential real estate – Talktalk China http://talktalkchina.com/ 32 32 Residential real estate bounces back and heads for consolidation https://talktalkchina.com/residential-real-estate-bounces-back-and-heads-for-consolidation/ Sun, 21 Nov 2021 03:53:00 +0000 https://talktalkchina.com/residential-real-estate-bounces-back-and-heads-for-consolidation/ IN MUMBAI, India’s largest residential real estate market, 8,576 homes were sold in October, the highest for that month in a decade. November looks like it’s going to be just as good: 1,441 properties were registered in the first week of the month, according to real estate consultancy Knight Frank India. The past six years […]]]>

IN MUMBAI, India’s largest residential real estate market, 8,576 homes were sold in October, the highest for that month in a decade. November looks like it’s going to be just as good: 1,441 properties were registered in the first week of the month, according to real estate consultancy Knight Frank India.

The past six years have been tough for the residential real estate industry. Demonetization, disruptions caused by the Real Estate Regulation and Development Act and the Goods and Services Tax and a liquidity crunch have caused demand for housing to plummet. The pandemic was the final blow. Inventories have piled up and developers have held back new launches.

The hard times, however, now seem to be over, with buyers returning to the market. As the prices are stable, it continues to be an excellent market for buyers. The biggest draw, however, is the historically low interest rates. During the pandemic, central banks around the world cut interest rates and pumped money into the system. The Reserve Bank of India cut the repo rate (the benchmark rate it lends to banks) to just 4%. The banks, in turn, cut their rates. Some banks are currently offering home loans at 6.40% interest.

“A healthy environment fostered by low mortgage interest rates is expected to continue as the RBI kept its key rates unchanged for the eighth consecutive time in early October,” said Shishir Baijal, Chairman and CEO of Knight Frank India .

Real estate consultant JLL says 32,863 units were launched between July and September, up 21% from 27,057 from April to June. During the September 2020 quarter, 12,654 units were launched.

Home sales in the July-September quarter in India’s eight largest cities jumped 92% year-on-year to 64,010 units. This was 104% of the quarterly average in 2019, indicating that sales are now above pre-pandemic levels. “The residential market is experiencing pent-up demand. The market will be even more buoyant thanks to favorable festive winds, complemented by favorable market dynamics such as low interest rates and sweeteners from developers, ”said Niranjan Hiranandani, CEO of the Hiranandani group.

The momentum is visible in all major markets. Mumbai saw its sales more than double year-on-year to 15,942 units in the September quarter, according to Knight Frank India. In Hyderabad, sales more than tripled to 5,987 units. In Bengaluru, sales jumped 131% from a year ago to 11,337 units. Sales increased 94 percent in Pune, 75 percent in Kolkata and 48 percent in the National Capital Region. In Calcutta, 6,861 units were sold in the third quarter, 244% more than the 2019 quarter average.

“The way the market has rebounded is better than before Covid,” said Rajeev Ramaswamy, deputy general manager of Sreevatsa Real Estates. “Last year’s lockdown made people realize they needed more space. So people now have specific requirements. Young families with children, for example, seek larger accommodation.

Over the past year, a few states have announced measures that have helped boost demand. West Bengal, for example, announced a 2% rebate on stamp duty for property registrations made between July 9 and October 30, 2021. “We have seen green shoots of recovery throughout the state and in eastern India at large, ”said Harshavardhan Neotia, chairman of the Calcutta-based Ambuja Neotia group. “Projects like condominiums or integrated townships are in high demand as facilities like a gym, recreation, parks, gardens and daily essentials are all located on the company’s premises,” he said. he declares.

Demand for larger housing is expected to continue. “We are incorporating a higher percentage of larger units / additional bedrooms into our product line and configurations,” said Pavitra Shankar, Executive Director, Brigade Group.

As sales improved, developers stepped up project launches. Real estate consultant JLL says 32,863 units were launched between July and September, up 21% from 27,057 from April to June. For comparison, 12,654 units were launched in the September 2020 quarter. However, these are still below the pre-Covid January-March 2020, when around 40,500 units were launched. The emphasis is on destocking and aligning launches with real market demand.

Hyderabad accounted for 31% of new launches between January and September 2021, followed by Mumbai (18%), Pune (17%), Bengaluru (16%) and Delhi NCR (10%), data from JLL showed. .

The pandemic has changed not only buying preferences, but also selling methods. Developers have invested heavily in technology, and customers can now view projects from the comfort of their homes in augmented and virtual reality. The developers have also streamlined online home buying platforms. JLL expects digital marketing to become the industry’s primary channel for generating leads.

However, there are also a lot of challenges. The prices of key raw materials such as steel, cement, aluminum and copper have risen sharply this year, pushing up construction costs. Developers have not been able to pass them on to customers, fearing it could dampen demand. The shortage of skilled labor also adds to the costs. “As housing demand becomes imperative, developers are hoping for sustainable post-pandemic demand. The strong pressure of escalating costs will eventually trickle down to the consumer, ”Hiranandani said.

The pandemic has caused customers to shift their preferences to big brands and reputable developers. This should lead to a wave of consolidation. “Due to healthy balance sheets, access to capital and weaker developers who are excluded from the market, the market share of large organized developers is expected to increase further over the next two or three years,” said Adhidev Chattopadhyay of ‘ICICI Securities.

According to real estate consultant Anarock, the overall share of home sales by the top eight listed players rose to 22% in 2020-2021, down from just 6% in 2016-17. Large unlisted developers increased their share to 18% from 11% during the same period. “Organized and experienced developers will have the opportunity to take over backlogged projects through the JV / Joint Development route,” Neotia said. “The industry will also witness acquisitions of a portfolio of small business projects by larger developers.”

Not surprisingly, real estate stocks have been on a dream run. The NSE Nifty Realty Index hit an all-time high this year and is up over 100% in one year. While housing demand is only expected to accelerate, this bull run may be just the beginning of many.


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Residential real estate defies all attempts to tame it https://talktalkchina.com/residential-real-estate-defies-all-attempts-to-tame-it/ Tue, 16 Nov 2021 05:50:26 +0000 https://talktalkchina.com/residential-real-estate-defies-all-attempts-to-tame-it/ View of the apartment in Seoul on Monday. The ratio of homeowners has declined as the value of housing units increased in 2020. The latest Statistics Korea study indicates that more people are now living in rents. [YONHAP] The percentage of Korean residences owned by individuals, as opposed to public housing, continues to decline, and […]]]>

View of the apartment in Seoul on Monday. The ratio of homeowners has declined as the value of housing units increased in 2020. The latest Statistics Korea study indicates that more people are now living in rents. [YONHAP]

The percentage of Korean residences owned by individuals, as opposed to public housing, continues to decline, and the gap between the most expensive and the cheapest residences continues to widen.

According to Statistics Korea on Tuesday, there were 18.5 million residential units in Korea last year, up 2.2% from the previous year. Some 60 percent or 9.4 million were apartments.

Among residences, including houses and apartments, 16 million units were owned by individuals, up 1.8% from the previous year. This represents 86.2% of the total, a ratio that has been declining since Moon Jae-in took office in 2017.

In 2019 the ratio was 86.5% and at the start of this administration it was 87.4%.

The Moon government tried from the outset to lower house prices. But all of his efforts, from tightening lending to raising taxes on homeowners, have had the opposite effect of what was intended. Prices have risen even faster and finding affordable housing has become more difficult.

Another reason for the housing shortage is the increase in the number of people living alone.

There has been a greater increase in the number of people who no longer own a home than those who buy their first home.

Last year, according to Statistics Korea, there were 570,000 more people who owned a residence but currently do not, an increase of 4.2% year-on-year.

For the first time since the compilation of the data in its current form began in 2015, the total number of families who do not own a single residence has exceeded 9 million.

During the same period, 980,000 people first became homeowners, an increase of 2.7%.

“The prices of the residences have risen as the estimated value has risen sharply,” said Cha Jin-sook, head of the statistics agency.

As part of its efforts to further tax real estate, the government has increased the market value ratio in the assessment of home values. In 2019, the assessed value was 68% of the market value, which rose to 69% in 2020 and 70% this year.

A shortage of apartments in high-demand cities like Seoul has also pushed up prices.

The gap between the most expensive and the cheapest residences has widened further.

The government’s estimated average value for the residences of the top 10% was 1.3 billion won. The cheapest 10 percent averaged 28 million won.

That’s a 47-fold difference.

In 2019, the difference was 40 times.

The gap widened mainly due to an increase in the value of the top 10 percent. In 2019, the average value was 1.1 billion won. That’s an 18 percent increase.

While the cheapest 10 percent only increased 3.7 percent.

The Moon government hoped that the owners of several residences would be forced to sell them. But its success has been limited.

Some 84 percent of homeowners own only one home. Those who own two or more accounted for 15.8% last year, up from 15.9% in 2019.

BY LEE HO-JEONG [lee.hojeong@joongang.co.kr]


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Mixed indicators: where is Rhode Island’s residential real estate market heading https://talktalkchina.com/mixed-indicators-where-is-rhode-islands-residential-real-estate-market-heading/ Sat, 06 Nov 2021 11:55:36 +0000 https://talktalkchina.com/mixed-indicators-where-is-rhode-islands-residential-real-estate-market-heading/ Saturday 06 November 2021 GoLocalProv sales team Enlarge + The 2022 market could be more turbulent PHOTO: GoLocal The future of the national residential real estate market and Rhode Island is increasingly uncertain. Locally, each month has seen double-digit year-over-year price increases. Today, the median price of a single family home in Rhode Island is […]]]>

Saturday 06 November 2021

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The 2022 market could be more turbulent PHOTO: GoLocal

The future of the national residential real estate market and Rhode Island is increasingly uncertain.

Locally, each month has seen double-digit year-over-year price increases. Today, the median price of a single family home in Rhode Island is $ 385,000.

Residential property prices have skyrocketed, but there are some early indications that the market could change.

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An example of the growth is Residential Properties, which has sold a record amount of real estate to date in 2021. The company has sold over $ 1 billion in just 10 months, breaking its own record of $ 1 billion in 12 months in 2020.

And, now there are indicators that the real estate market may be facing some serious challenges – one of the most publicized signals is the reverberations from top digital real estate company Zillow.

Is it the height of the market?

The question that worries many frustrated buyers and those looking to sell is: does it live up to the market?

“I think if you’re looking to maximize your equity in this cycle – and again, real estate cycles here tend to be around 10 to 12 years and we’re absolutely at the top of that number – if you try to maximize your equity in this cycle why take the risk? It could increase further, “said Nelson Taylor of the Blackstone team at Mott & Chace Sotheby’s International.

“But it can also come down a lot more, and if it’s your kind of last hurray, it’s your last home, you retire, et cetera, I say don’t take the risk,” Taylor said who suggested considering to sell now.

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Interest rates may change in 2022 PHOTO: File

2022 Another year on the rise – or cooling?

“We might see some kind of pullback next week, we might see it in four months, we might see it in 14 months who knows, but my personal belief is that we’re going to see a little slowdown in inventory during the winter holidays, which is natural, ”Taylor said.

“Usually that affects prices by driving them up due to dwindling inventory. I think we’re going to have a gangbuster spring, ”he said. “And then I think we’re going to see a bit of reverberation start in the market over the summer or fall.”

Fortune reports: “The housing market is still rising, albeit at a slow pace. This slowdown, or what’s known as normalization, is expected to continue into the next year: every 2022 forecast model Fortune has looked at predicts price growth will slow down next year. However, the range of growth projected among these forecasts is pervasive. Fannie Mae sees prices rise 7.9% in 2022. Zillow / Hotlink Research is more bullish, projecting price growth of 13.6% over the next 12 months. And Ed Pinto, director of the American Enterprise Institute’s Housing Center, told Fortune’s Shawn Tully that prices could rise further from single-digit highs to double-digit lows.

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Zillow is laying off up to 25% of its workforce.

The elephant in the room – Digital real estate darling hits a major speed bump

The Zillow Group’s unexpected decision to end its home turnaround business has raised questions about the company.

The Wall Street Journal reports that the digital real estate company, meanwhile, has “started trying to offload thousands of homes it owns and has spoken to private equity firms and other investment firms to assess The interest. Pretium Partners, one of the largest owners of single-family rental homes, is part of advanced discussions with Zillow about buying homes, according to people familiar with the matter. “

“Zillow’s largest remaining business revolves around its real estate listing website and lead generation to real estate agents. This practice is high margin and grossed $ 207 million based on adjusted earnings before interest. , taxes, depreciation and amortization last quarter. That was up from $ 195.5 million in the same quarter last year and more than double what it earned in the same quarter of 2019 “, according to the WSJ.

Fortune Reports, “This is the conclusion of a Bank of America research report that examined a selection of more than 300 properties that the real estate company’s Zillow Offers unit had purchased in a range of markets and is currently listing. for sale on the site. “

“For example, in Austin, where the housing market has been particularly hot during the pandemic, homes have appreciated an average of 6% per year over the past five years, according to the widely used Case-Shiller House Price Index. But Bank of America found that, on average, the amount Zillow paid for its homes in Austin represented a 27% annual price increase since their last sale, over a four-year period, ”Fortune adds. The bank analysts conclude, “This could suggest that Zillow could buy speculative homes that could be at risk of price deflation if a downturn occurs.”

Taylor of Mott & Chace said Zillow didn’t do the house flipping volume in New England like it did in the rest of the country.

Zillow is expected to lay off more than 25% of its workforce and its shares have gone from a 52-week high of $ 212 per share to trading Friday at $ 66 per share.

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Top 25 Residential Real Estate Deals in Central Ohio in July https://talktalkchina.com/top-25-residential-real-estate-deals-in-central-ohio-in-july/ Thu, 04 Nov 2021 16:00:44 +0000 https://talktalkchina.com/top-25-residential-real-estate-deals-in-central-ohio-in-july/ Top 25 Residential Real Estate Deals in Central Ohio in July Arch City Guides Home & Style Catering Features Weddings Legal Notice Discover the biggest residential offers for July 2021. Monthly Columbus As provided by Columbus Dispatch researcher Julie Fulton. Statistics are collected in the greater Columbus area, including Franklin and parts of other surrounding […]]]>
Top 25 Residential Real Estate Deals in Central Ohio in July


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Top 25 residential real estate transactions for the first half of the year https://talktalkchina.com/top-25-residential-real-estate-transactions-for-the-first-half-of-the-year/ Wed, 03 Nov 2021 13:09:50 +0000 https://talktalkchina.com/top-25-residential-real-estate-transactions-for-the-first-half-of-the-year/ Top 25 residential real estate transactions for the first half of the year Arch City Guides Home & Style Catering Features Weddings Legal Notice Check out the biggest residential deals January 1 through June 30, 2021 in Central Ohio. Monthly Columbus As provided by Columbus Dispatch researcher Julie Fulton. Statistics are collected in the greater […]]]>
Top 25 residential real estate transactions for the first half of the year


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FinCEN renews geographic targeting orders again for residential real estate transactions https://talktalkchina.com/fincen-renews-geographic-targeting-orders-again-for-residential-real-estate-transactions/ Wed, 03 Nov 2021 10:30:25 +0000 https://talktalkchina.com/fincen-renews-geographic-targeting-orders-again-for-residential-real-estate-transactions/ On October 29, 2021, the Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department announced the renewal for 6 months of existing Geographic Targeting Orders (GTOs) relating to money laundering issues in cash purchases of high-end residential real estate. GTOs were originally issued in july 2016 and have been republished several times, most recently […]]]>

On October 29, 2021, the Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department announced the renewal for 6 months of existing Geographic Targeting Orders (GTOs) relating to money laundering issues in cash purchases of high-end residential real estate. GTOs were originally issued in july 2016 and have been republished several times, most recently in May 2021. They require US title insurance companies to identify and declare the ultimate beneficial owners of legal entities making certain real estate purchases entirely in cash. The renewed GTOs are identical to the May 2021 GTOs, which covered major metropolitan areas in nine states, kept the monetary threshold lower of $ 300,000 for all jurisdictions, and included virtual currency as a targeted payment method.

These orders remain significantly expanded from the initial GTOs of January 2016 which only targeted two real estate markets – New York and Miami. Renewed GTOs require U.S. title insurance companies to identify the natural persons who are the ultimate beneficial owners of limited liability companies, partnerships and other legal entities involved in residential cash sales of real estate at the following locations :

  • Bexar, Tarrant and Dallas counties in Texas;
  • Miami-Dade, Broward and Palm Beach counties in Florida;
  • The five boroughs of New York City;
  • the counties of San Diego, Los Angeles, San Francisco, San Mateo and Santa Clara in California;
  • The City and County of Honolulu in Hawaii;
  • Clark County, Nevada;
  • King County in Washington;
  • the counties of Suffolk and Middlesex in Massachusetts; and
  • Cook County, Illinois.

The current GTO purchase price threshold remains at $ 300,000. FinCEN apparently finds it useful to set this threshold relatively low overall, given that the geographic scope includes some of the most expensive real estate markets in the country. Previous versions of GTOs had jurisdictional thresholds of up to $ 3,000,000. FinCEN provided a GTO example and GTO frequently asked questions

This is the second renewal of the program under the Biden administration. Given the program renewal without change, we believe that FinCEN will likely continue the GTO program for the foreseeable future and could potentially further expand orders to cover other geographies suspected of being at high risk of money laundering via the luxury real estate. We don’t expect the FinCEN regulations to change significantly under the Biden administration. Depending on the results of the GTOs, FinCEN may also implement other anti-money laundering compliance requirements in the real estate sector. Although there is little publicly available information showing the specific effects or outcomes of GMOs, based on their continued expansion and renewal, FinCEN clearly sees them as a valuable part of its toolbox to combat against money laundering in the real estate sector.

The renewed and expanded GTOs came into effect on November 1, 2021 and will be in effect for 180 days (until April 29, 2022).


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Benefits of investing in commercial real estate over residential real estate https://talktalkchina.com/benefits-of-investing-in-commercial-real-estate-over-residential-real-estate/ Tue, 02 Nov 2021 07:00:00 +0000 https://talktalkchina.com/benefits-of-investing-in-commercial-real-estate-over-residential-real-estate/ ANI | Update: 02 Nov 2021 14:24 STI Pune (Maharashtra) [India], Nov. 2 (ANI / NewsView): Last year, when COVID-19 gripped the nation leading to lockdowns, stock market uncertainty and low debt market returns turned many investors to other investment options, and unsurprisingly the Indian real estate sector attracted $ 5 billion in institutional investment […]]]>



ANI |
Update:
02 Nov 2021 14:24 STI

Pune (Maharashtra) [India], Nov. 2 (ANI / NewsView): Last year, when COVID-19 gripped the nation leading to lockdowns, stock market uncertainty and low debt market returns turned many investors to other investment options, and unsurprisingly the Indian real estate sector attracted $ 5 billion in institutional investment in 2020, or 93% of transactions recorded the previous year.
The truth is, we Indians have always had a soft spot for two investments – gold and real estate. And when it comes to real estate, residential real estate remains a dominant theme due to its sense of home ownership. But late in the day, many investors are finally seeing the potential of commercial properties and the many benefits that come with it.
It is important to realize that while there are thousands of residential properties with tempting offers, as an investment they do not offer as high returns as commercial properties and carry their risks.
So let’s take a look at some of the reasons why it might make more sense to invest in commercial real estate rather than residential real estate.
Higher returns
Commercial properties generate good rental returns over extended periods of time. Since the residential market has yet to pick up the pace after the pandemic, it will take some time for prices to appreciate. While in commercial real estate, Class A office buildings, due to their high demand, are already generating high returns. The estimated yield for residential properties is around 3-4%; while for commercial properties it is around 8-10%.
Budget 2021 also relaxed debt financing standards for real estate investment trusts (REITs), which could also pave the way for institutional financing in commercial real estate assets and help investors achieve higher returns.
Growing demand
According to research from Anarock, working from home will not become the new normal in India. Due to larger family sizes, smaller homes, inconsistent internet speeds, and vulnerable digital platforms, most people prefer to return to the office.
In addition, the emergence of new registered businesses year after year leads to increased demand for commercial properties. According to the Central Registration Center, around 16,000 new businesses have been registered since the lockdown. In addition to start-ups, multinational companies are considering India as a hub for data center offices and looking for large commercial spaces, especially in Tier 1 cities.
Recently, the big international giant – Barclays opened its second largest office, in Pune. Large IT companies and businesses are looking for office space in Pune. Other metropolitan cities are also not lagging behind when it comes to witnessing the growing demand for retail space.

Stable cash flow
The lease term for commercial properties ranges from anywhere between 2 years and even up to 10 years. The advantages of having such long rental periods are numerous. First of all, you will always have a stable cash flow through regular rentals. Second, you won’t have to worry about looking for tenants every few months.
Residential properties, on the other hand, suffer from erratic cash flows due to the short duration of leases. In most cases, the lease is only 11 months.
Easier maintenance and servicing
While residential properties invest a lot of money to offer attractive lifestyle amenities like swimming pools, children’s play areas, etc., commercial properties focus on amenities that can enhance work abilities and create a healthy and positive work environment. Therefore, due to the fewer number of larger-than-life amenities compared to residential properties, the cost of maintaining commercial properties is lower.
Moreover, unlike residential real estate where the owner is always responsible for the maintenance of the property, in commercial real estate it is the tenant who bears the cost of the maintenance.
Another advantage is the triple net lease. This is a form of rental agreement where the tenant is responsible for all running expenses of the building like maintenance costs, taxes, insurance, etc.
Ultimately, real estate continues to be one of the strongest and most promising investment options, and with the pandemic slowly brought under control, this market is rebounding in most metropolitan cities.
For example, in Pune, which is emerging as the next commercial real estate hub, the increase in IT hires increased by 12% in May 2021. This also indicates that large IT companies and multinationals are looking to Pune.
To meet the need for world-class commercial space, renowned Pune real estate developers, Avishkar Advani Realty, recently launched their flagship project, The Platinum Towers in Kharadi, Pune. The project not only offers commercial offices for sale in Pune, but was also designed to meet the needs of other commercial enterprises – co-working spaces, call centers, restaurants, supermarkets, stores and multi-brand showrooms. .
As the commercial real estate market continues to expand its footprint, The Platinum Towers has become one of the best commercial properties in Pune. With its retail showroom about to take possession and Reliance Smart Superstore (opening soon) occupying two entire floors, this is a must-see investment opportunity for any entrepreneur and investor who is considering buying commercial property in Kharadi, Pune.
For more information on the project, visit: bit.ly/PlatinumTowersPROct21 or call: +91 9607987982.
This story is provided by NewsView. ANI will not be responsible for the content of this article in any way. (ANI / NewsView)


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What type of shareholders make up the share register of European Residential Real Estate Investment Trust (TSE: ERE.UN)? https://talktalkchina.com/what-type-of-shareholders-make-up-the-share-register-of-european-residential-real-estate-investment-trust-tse-ere-un/ Sat, 30 Oct 2021 07:00:00 +0000 https://talktalkchina.com/what-type-of-shareholders-make-up-the-share-register-of-european-residential-real-estate-investment-trust-tse-ere-un/ A look at the shareholders of European Residential Real Estate Investment Trust (TSE: ERE.UN) can tell us which group is more powerful. Insiders often own a large portion of younger and smaller companies, while larger companies tend to have institutions as shareholders. Companies that were previously state-owned tend to have fewer insiders. With a market […]]]>

A look at the shareholders of European Residential Real Estate Investment Trust (TSE: ERE.UN) can tell us which group is more powerful. Insiders often own a large portion of younger and smaller companies, while larger companies tend to have institutions as shareholders. Companies that were previously state-owned tend to have fewer insiders.

With a market cap of C $ 1.0 billion, European Residential Real Estate Investment Trust is a decent size, so it’s probably on the radar of institutional investors. In the graphic below, we can see that the institutions are visible on the share register. Let’s dig deeper into each type of owner, to find out more about European Residential Real Estate Investment Trust.

See our latest analysis for European Residential Real Estate Investment Trust

ownership distribution

What does institutional ownership tell us about the European Residential Real Estate Investment Trust?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. . We would expect most businesses to have some institutions listed, especially if they are growing.

European Residential Real Estate Investment Trust already has institutions registered in the share register. Indeed, they hold a respectable stake in the company. This suggests some credibility among professional investors. But we cannot rely on this fact alone because institutions sometimes make bad investments, like everyone else. It is not uncommon to see a sharp drop in the stock price if two large institutional investors attempt to sell a stock at the same time. It is therefore worth checking out the past earnings trajectory of European Residential Real Estate Investment Trust (below). Of course, keep in mind that there are other factors to consider as well.

profit and revenue growth

profit and revenue growth

We note that the hedge funds do not have a significant investment in European Residential Real Estate Investment Trust. Our data shows that 1832 Asset Management LP is the largest shareholder with 14% of the shares outstanding. With 11% and 7.5% of the shares outstanding respectively, Canadian Apartment Properties Real Estate Investment Trust and CI Global Asset Management are the second and third largest shareholders. Additionally, we found that Phillip Burns, the CEO, owns 0.9% of the shares attributed to their name.

Our studies suggest that the top 25 shareholders collectively control less than half of the company’s shares, which means that the company’s shares are widely disseminated and there is no dominant shareholder.

While it makes sense to study a company’s institutional ownership data, it also makes sense to study analysts’ sentiments to know which way the wind is blowing. There are a lot of analysts covering the stock, so you can look at expected growth quite easily.

Insider ownership of a European residential real estate investment fund

The definition of an insider may differ slightly from country to country, but board members still count. The management of the company manages the company, but the CEO will report to the board of directors, even if he is a member of the board.

I generally consider insider ownership to be a good thing. However, there are times when it is more difficult for other shareholders to hold the board accountable for decisions.

We can see that insiders own shares in European Residential Real Estate Investment Trust. It has a market capitalization of only C $ 1.0 billion and insiders have shares worth C $ 17 million in their own name. It shows at least some alignment. You can click here to see if these insiders have bought or sold.

General public property

The general public – including retail investors – own 57% of European Residential Real Estate Investment Trust. This level of ownership gives mainstream investors some power to influence key policy decisions such as board composition, executive compensation, and dividend payout ratio.

Next steps:

While it is worth considering the different groups that own a business, there are other factors that are even more important. Consider, for example, the ever-present specter of investment risk. We have identified 4 warning signs with European Residential Real Estate Investment Trust (at least 1 which is potentially serious), and understanding them should be part of your investment process.

If you’d rather find out what analysts are predicting in terms of future growth, don’t miss this free analyst forecast report.

NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.


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Central Kentucky residential real estate sizzles, commerce is hot https://talktalkchina.com/central-kentucky-residential-real-estate-sizzles-commerce-is-hot/ Fri, 29 Oct 2021 18:52:24 +0000 https://talktalkchina.com/central-kentucky-residential-real-estate-sizzles-commerce-is-hot/ By Jeff McDanald Total residential sales in central Kentucky through August 2021 remained up 6% from 2020, according to the Lexington-Bluegrass Association of Realtors (LBAR). (KY. CENTRAL MARKET REVIEW) – Real estate prices continue to climb in central Kentucky, as monthly residential property sales totals consistently hit record highs. Demand for real estate remains high […]]]>

By Jeff McDanald

Total residential sales in central Kentucky through August 2021 remained up 6% from 2020, according to the Lexington-Bluegrass Association of Realtors (LBAR).

(KY. CENTRAL MARKET REVIEW) – Real estate prices continue to climb in central Kentucky, as monthly residential property sales totals consistently hit record highs. Demand for real estate remains high as the region struggles with low inventory.

On the trade side, the market has remained fairly strong over the past 12 months with a return to solid levels in 2019. Historically low interest rates are boosting the wave of growth in the residential and commercial sectors.

“As the colder months approach, there are many signs of a strong real estate market,” said Kristy Gooch, president of the Lexington-Bluegrass Association of Realtors. “Houses always sell extremely quickly. However, the wave of multiple (simultaneous) offers has stabilized as inventories increase. “

The time it took to sell homes in central Kentucky in August was an all-time low, averaging 17 days, 55% less than the 38 days it took in 2020. Homes stayed on the market on average 42 days in 2019.

The housing stock has been growing slowly since the start of the summer and has exceeded the 2,000 unit mark for the first time since January. The number of residential properties jumped 16% from the previous month, but remains 20% lower than a year earlier.

Year-to-date, median prices for all residential sales were $ 221,000 compared to $ 194,500 in 2020, a 14% increase.

The total dollar volume of home transactions in August exceeded $ 400 million, a record high, compared to just over $ 354 million last year. For the year, total sales volume exceeded $ 2.6 billion, an increase of 20% from 2020, when the total was $ 2.2 billion.

Lawrence Yun, chief economist of the National Association of Realtors, said that at a general level, house prices are not likely to fall due to continued tight inventory conditions, but he expects prices to fall. (nationally) appreciate more slowly. pace by the end of the year.

“I agree with the national prediction,” Gooch said. “Local demand is still very strong, which will keep prices high, but a double-digit (annual) appreciation should not last long. We might start to experience a plateau over the fall months as the market finally took a deep breath and started to relax. “

Georgetown Growth

SVN Stone Commercial Real Estate recently worked with the development
owners to fully lease and sell retail stores
center and outlots in this 23 acre Kroger market
development in Georgetown.

The commercial real estate market in central Kentucky saw a rise in 2021, supported by low interest rates and supported by population growth, particularly in Georgetown.

Looking back, there were historic levels of growth in commercial real estate nationally and regionally in 2019. The positive wave continued into January and February 2020; However, after March 13, activity was suspended for 90 to 180 days due to the impact of COVID.

In the fall of 2020, investors, developers and lenders were once again confident and comfortable with the idea of ​​buying, selling and building. And in the last 12 months or more, the speed has picked up.

“Our office has done a lot this year in Georgetown,” said Matt Stone, Managing Director of SVN Stone Commercial Real Estate. “Not just for us, but for everyone in the industry, there has been incredible growth in Georgetown.”

According to recently released census figures, three counties in central Kentucky have experienced significant population gains over the past decade. Scott County, just north of Lexington, home to Georgetown, grew 21.2%, up to 57,155 people, making it the fastest growing in the state. Madison County, the southeastern county of Lexington, home to Richmond, also increased 11.8% to 92,701 residents. And Anderson County, home to Lawrenceburg, which grew 11.3% to 22,852 people.

Examples of projects in Georgetown include the former Golden Corral site replaced by a 17,000 square foot shopping center, continued construction around the Kroger Marketplace and Landmark stores, and activities around the Georgetown Community Hospital, including work on the hospital itself.

The service sector continues to grow

“We continued to see the trend in retailing towards the service side rather than durable goods in these new stores around Georgetown,” Stone said. “It’s physical therapy, nail salons, cell phone stores, restaurants, insurance companies, and auto repair. Companies like Rector Hayden Real Estate have opened a new office in the development of Kroger Marketplace. But you’re not going to see things like women’s clothes and shoes. This trend has been going on for 10 years, but it has really been trampled on during COVID, as service-oriented industries continue to grow. “

Growth in Scott County has been accompanied by increasing challenges for their wastewater treatment facilities, resulting in a waiting list for new residential construction this year. Georgetown hopes a $ 50 million wastewater treatment plant expansion project, slated for completion in 2023, will make it easier to get building permits.

Brannon Crossing in Jessamine County has seen new construction and continues to be built, and Woodford County is also experiencing growth.

“We have seen decent growth in Woodford County which is rare,” Stone said. “This ties into the Midway station, which is on Interstate 64 (at number US 62/421), where we have sold almost 15 acres of industrial land. “

The Lakeshore Learning expansion, the new Thoroughbred Landscaping facility and the James E. Pepper Distillery warehouse are notable projects at Midway Station.

So why all the construction activity all around Fayette County and Lexington, but not so much inland?

Messer Construction teams are expected to complete construction of the Central Bank Center expansion in January 2022.

“Anything over an acre in Fayette County is almost impossible to find on the industrial side,” Stone said. “Recently an acre in Fayette County cost almost $ 250,000, while ownership of a project we just completed in Midway cost $ 65,000 an acre, and that had the added value of be on the highway. “

Stone Commercial Real Estate has negotiated the $ 17.4 million sale of the vacant Richmond Road Walmart in Mist Lake Plaza. Stone sees the sale of the property to Lexington Motorsports as a real benefit to Lexington, fitting in perfectly with the city’s redevelopment mindset.

The spur of rising costs

High lumber costs have plummeted, but supply chain issues have impacted residential and commercial projects. However, most of the projects continue to move towards completion. With historically low interest rates and high borrowing power, the spur of additional costs is mitigated as mortgage payments will be lower than they might have been.

Other major construction projects in Lexington include the second Amazon facility on Newtown Pike, a 143,000 square foot delivery station, and a major overhaul of the Central Bank Center, a $ 300 million expansion by Messer Construction that will double l space in the convention center formerly known as Lexington Center. next to Rupp Arena. In the Hamburg area, a $ 47.2 million college on the active Boulevard of the Polo Club is in the design development phase and a new hospital campus, Baptist Health Hamburg, is under construction.

Messer Construction is also working on a new project for Ephraim McDowell Health in Danville and has completed work on the Turfland Clinic for UK HealthCare. Messer’s markets include aviation and transportation, federal / military and government, healthcare, higher education, industry, science and technology.

Design / build projects for hotels, office buildings and education have dominated recent projects by DW Wilburn Construction of Lexington. The company’s recent projects include the City Center in downtown Lexington, Tates Creek High School and a science building at Asbury University.

Gray Construction, a Lexington-based international company that provides engineering, design, construction and smart manufacturing services, works on projects throughout Kentucky and beyond.

Jeff Bischoff, executive vice president of business development for Gray Construction, said the bourbon industry “continues to deliver project after project,” including the $ 130 million opening of the Diageo Lebanon Distillery in County of Marion this year. It is the largest project ever to be carried out by Marion County.

In mid-2021, Kentucky’s new location and expansion announcements since the start of the year showed an economy resurfacing from the challenges of the past 15 months. Private sector companies announced 50 projects totaling over $ 2 billion in new investment and over 4,000 full-time jobs.

Click here for more information on Kentucky businesses.


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Trevian advises on significant residential real estate transactions https://talktalkchina.com/trevian-advises-on-significant-residential-real-estate-transactions/ Thu, 28 Oct 2021 10:04:00 +0000 https://talktalkchina.com/trevian-advises-on-significant-residential-real-estate-transactions/ HELSINKI, 28 October 2021 / PRNewswire / – Trevian Asset Management acted as commercial advisor to an international investment management firm in two transactions, including two significant portfolios of residential properties during the third quarter of 2021. The properties purchased are primarily located in the Helsinki Metropolitan area. The transactions are a strong indication of […]]]>

HELSINKI, 28 October 2021 / PRNewswire / – Trevian Asset Management acted as commercial advisor to an international investment management firm in two transactions, including two significant portfolios of residential properties during the third quarter of 2021. The properties purchased are primarily located in the Helsinki Metropolitan area. The transactions are a strong indication of the growing interest of European investors in Finnish residential real estate portfolios. Trevian strongly believes that Finnish residential real estate development will increasingly need to attract more foreign investment capital to avoid a shortage of rental housing production.

The real estate portfolio transactions consisted of 528 rental apartments built by Finnish construction companies, all of which are actively used for rental. The buyer is a European international investment management company for which Trevian has acted as a local partner, market expert and real estate investment advisor in several investments in Finland and other Nordic countries.

The Finnish housing market has been growing strongly since 2016. As a result, Finnish portfolios have started to attract interest, especially from foreign investors. Foreign investors who have recently entered the Finnish market are mainly European fund management companies and institutional investors. To raise Finnish rental housing production to a level commensurate with future demand, Trevian aims to add international engagement and discussion to bring more foreign investors into the market.

Finland is a notable destination country for foreign residential real estate investors, as the Finnish rental market is very transparent compared to many other countries. Housing is mainly rented through open online platforms, allowing transparency of the level of rents and the collection of historical data on its evolution. This creates predictability for international investors on the development prospects of the entire portfolio. The Finnish residential real estate market also needs foreign investment to ensure a sufficient level of rental housing production to avoid a shortage in the future, says Kim Särs, commercial director of residential real estate at Trevian.

For more information please contact:

Kim Särs
Commercial Director, Residential Real Estate
Trevian Asset Management
+3538 40 501 9981
[email protected]

Trevian Asset Management is a Finnish investment and asset management company specializing in commercial and residential properties. The company was established in 2012 and is owned by its key personnel. The company produces actively managed real estate equity funds and optimized asset management services for its clients. The services are aimed in particular at institutional real estate investors, banks and other professional investors. Assets under management of Trevian close to € 1.0bn. For more information, please visit www.trevian.fi/fr/.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/trevian/r/trevian-advises-in-significant-residential-real-estate-transactions—the-interest-of-foreign-invest,c3442439

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