Tag Archives: Property/Assets/Rights

India Sets Norms to Open $20 Billion REIT Market

Posted on by

“India approved the setting up and listing of real estate investment trusts as the nation seeks to unlock a $20 billion market.  The trusts, or REITs, will have to own assets worth at least 5 billion rupees ($82 million). Investors must put in a minimum 200,000 rupees. Final notifications would be issued soon to make the new rules for REITs effective.  The introduction of REITs will provide a new source of funding for cash-strapped developers that are struggling to reduce debt amid one of the highest interest rates in Asia and economic growth near the lowest in a decade. The products will give investors the ability to participate in the country’s property market without investing directly.”

http://www.bloomberg.com/news/2014-08-10/india-sets-norms-to-open-20-billion-reit-market.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

What lies behind this eye-catching 7pc ‘savings bond’?

Posted on by

“We’ve seen this model before. A lender advances money to borrowers. It then sells, or assigns, some or all of those loans to other investors. The model enables the overall business to grow more quickly.  It also gives the ‘bank’ some flexibility about managing its obligations to different groups of funders. If it needs capital to meet one tranche of maturing bonds, it can raise money through the sale of loans to another group. Could it go horribly wrong? Absolutely, yes. Wellesley hopes to raise £100m through these ‘savings bonds’ so you have an idea of just how big – and potentially complex – this business could quickly become.”

http://www.telegraph.co.uk/finance/personalfinance/investing/bonds/11005195/What-lies-behind-this-eye-catching-7pc-savings-bond.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Lake Tahoe Property Sells for $1.6 Million in Bitcoins

Posted on by

“The 1.4-acre acre home site has views of the Pacific Crest, a surrounding mountain range. It is located in Martis Camp, a private luxury recreational resort in Truckee, Calif. The 2,177-acre resort, near Lake Tahoe’s north shore, has a Tom Fazio golf course, a 44-seat movie theater and an ‘aerial adventure park’ with rope courses and a zip line.  Brian Hull, Martis Camp’s director of sales, said the buyer was a ‘Silicon Valley entrepreneur,’ but declined to disclose his name. He said the buyer purchased the land through a trust, and plans to build a home on the site.  BitPay, an online-merchant processor that operates similarly to PayPal or Worldpay, handled the Tahoe transaction.”

http://online.wsj.com/articles/lake-tahoe-property-sells-for-1-6-million-in-bitcoins-1407534997

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bill Bonner: Never Never Land

Posted on by

“Bill Bonner’s presentation from The Sprott Vancouver Natural Resource Symposium 2014 held July 22nd to 25th, 2014.”

http://www.bonnerandpartners.com/never-never-land/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

New Irish REITs Gain Interest From Investors Including Soros, Paulson

Posted on by

“Private-equity firms dominated the buying of distressed commercial property in Ireland in the past year, but other investors can now participate in the market. The Irish government in April 2013 introduced legislation allowing the creation of REITs, a move designed to help pump liquidity into the Irish market. Green REIT launched in July and Hibernia in December.  Both REITs have attracted the interest of some large investors who are betting the Irish property sector is recovering from its slump. George Soros‘s Quantum Fund had an 8.2% stake in Hibernia, according to a disclosure last July. John Paulson’s Paulson & Co. had 12.9% of the voting rights of Green REIT.”

http://online.wsj.com/news/articles/SB10001424052702304851104579363042257515828

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Greek REIT Said to Seek $1.4 Billion as Investors Return

Posted on by

“Foreign investors are returning to Greece after a crisis that nearly pushed the country out of the euro, and the European Commission predicts the economy will grow for the first time in seven years in 2014. Greece’s last IPO was done by MIG Real Estate REIC in 2009. Regulators set a deadline of October 2015 for Pangaea’s IPO. Invel, a London-based real estate investment firm led by Christophoros Papachristophorou, bought a 66 percent stake in Pangaea in a December deal that valued the company at about 1 billion euros. Pangaea has since acquired real estate in Greece and Italy and currently has assets totaling 1.2 billion euros, the people said.”

http://www.bloomberg.com/news/2014-04-02/greek-reit-said-to-seek-1-4-billion-as-foreign-investors-return.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Spanish real estate is where to invest, say Soros and Paulson

Posted on by

“Two billionaire hedge-fund managers, and investment bank Morgan Stanley, have made hefty investments into the Spanish property market.   George Soros and John Paulson, both from the US, have each taken a €92 million stake in Hispania Activos Inmobiliarios, a Spanish property-investment vehicle. Meanwhile, US bank Morgan Stanley has announced it will purchase €20 million of assets within the company.  REITs are companies that own and operate portfolios of income-producing real estate, or related assets, instead of this being done directly by landlords.  Investment in Spanish real estate doubled in 2013, to €2.7 billion, reaching its highest level since the eurozone crisis.”

http://www.terrameridiana.com/blog/849-spanish-real-estate-invest-say-soros-paulson.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

The 20 hottest real estate spots in the world

Posted on by

“It’s safe to say we’re in the midst of a global real estate bull market. According to the Knight Frank Global House Price Index, the value of homes internationally rose by 8.4 percent in 2013, representing the highest annual increase since 1995.  Although it’s a global phenomenon, US buyers — especially New Yorkers — are particularly active abroad.  While much of this money is pouring into established urban centers, experts describe Americans as more entrepreneurial about snapping up property — willing to invest in everything from a private island in Antigua to vast farms in Zambia if the price (and property) is right.”

http://nypost.com/2014/04/08/the-20-hottest-real-estate-spots-in-the-world/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bank of England warns of a bubble as UK house prices rise 10.5%

Posted on by

“Mark Carney told MPs on the Treasury select committee that the threat of a property bubble was the ‘biggest risk’ to economic recovery over the medium term, as official figures showed house prices rose by 10.5% in the year to May – and more than 20% in London. Outlining in detail why the Bank’s financial policy committee made the decision last month to limit the proportion of high loan to income mortgages granted by lenders, he said that a proliferation of highly indebted households could tip the economy back into recession.  Prices have risen more quickly for first-time buyers than for those moving home, going up by 11.3% over the year to an average of £202,000.”

http://www.theguardian.com/money/2014/jul/15/ons-uk-house-prices-may-london

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Rising home prices a global concern

Posted on by

“Take a look at the world’s dizzying surges in the price of housing for 12 months at the end of June: London, up 20%. Manhattan, 18%. Sydney, 15.4%.  Some Singaporeans have bought homes in neighbouring Malaysia, which requires a passport-control stop and a two-hour drive when traffic is heavy to reach the business district.  Prices on Hong Kong island, roughly the size of Manhattan where about 1.2 million people live, are the third-most expensive in the world after Monaco and London, at US$1,920 per square foot.  While housing costs about half as much in the northernmost New Territories, prices there rose 140% from 2008 through 2012.”

http://www.therakyatpost.com/business/2014/07/30/rising-home-prices-global-concern/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet