Property Consulting

Property tech firm Deepki gets €150m backing as it eyes international push:

Real estate software firm Deepki has received a  a €150m funding injection today as it looks to rollout its property data intelligence software to firms across Europe.  a €150m funding injection today as it looks to rollout its property data intelligence software to firms across Europe. The real estate sector is currently responsible for around 40 per cent of global carbon emissions, and bosses at Deepki said more than $5tn of investment is needed each year to decarbonise the sector . Commercial real estate with poor ESG performance is already being affected by brown disco

Investment

Invest in a Junior ISA:

Parents can stash up to £9,000 a year in a Junior Isa for a child, and a third of those who are investors themselves have considered the option, according to research by Fidelity International. If you open a Junior Isa when your child is born, means you can explore some niche and volatile areas of the market. One should ensure that the funds they select contain engaging and innovative companies that are well known to young people will ensure they remain interested and continue to invest well into the future. Costs can build up over time, so make sure you’re opting for a Ju

Investment

J.P. Morgan adds retirement spending tool to target-date funds:

The tool will help participants in the firm's SmartRetirement funds withdraw a portion of the money they have invested each year after they retire. When participants in SmartRetirement funds retire, they can withdraw a portion of their money each year until a target maturity that is 35 years after their retirement. The fund will suggest an annual withdrawal amount that would allow them to continue withdrawing over that time period. The retirement spending tool, which includes an interactive calculator that helps retirees look at spending tradeoffs, is based on JPMorgan Cha

Property Consulting

Foreign ownership of U.K. property must be restricted urgently:

It has been clear for years that foreign ownership of UK property and land must be restricted. Any involvement by offshore trusts should be banned. These restrictions would help prevent, or limit, situations like the present one. More importantly, with a housing shortage that affects large numbers of us, such restrictions would help constrain increasingly ridiculous property prices. It does no favours to any of us if successive governments fail to legislate to prevent the sale of properties to those who use them as vanity projects (often unlived in), and the UK merely as a

Investment

25% of scam victims are ages 18-24 years of age.

Investment scam victims lose £8,585 on average and people aged 18-24 lured by “get rich quick” promises are the most likely to be conned. Victims aged under 45 now account for 70 per cent of reported investment scams, Lloyds Bank said. Analysis of its data also suggests that people typically make three payments to fraudsters over the course of an investment scam. People aged 18-24 lost £1,433 on average. Predictably, analysis suggests that social media platforms are the main breeding ground for these types of scams, with a mix of false advertisements , fake endorsements an

Property Consulting

Get paid £1,000 for saving: Lifetime ISAs

Lifetime ISAs were launched in April 2017 and a total of £1.25 bln were deposited in 2019-20 alone. Using a LISA one can buy a first home which cannot cost more than £450,00 but otherwise the savings cannot be touched until you are 60 or fall seriously ill. The big con however is the exit penalty. To open one, you must be aged 18 or over and under 40. You can deposit up to £4,000 each tax year and earn a 25 per cent bonus on contributions up to £1,000 a year. The £4,000 counts towards your annual £20,000 Isa allowance. To avoid forfeiting the 'free money' and losing some o

Property Consulting

Evergrande has suspended trading, again:

China's property giant has suspended trading in Hong Kong again, this is according to a notice from the stock exchange. China's property firms have struggled in the wake of Beijing's drive to curb excessive debt in the real estate sector. The suspension -- the second this year -- comes ahead of an expected $2 billion repayment obligation on Wednesday, and another next month of $1.4 billion. Earlier struggles to pay suppliers and contractors due to the debt crisis led to sustained protests from homebuyers and investors at the group's Shenzhen headquarters in September. The

Investment

Japan to invest in India to strengthen economic ties:

Japan says it will invest $42 billion in India over the next 5 years in a deal that is expected to shoot up bilateral trade. In a statement, Kishida said the plan of investing will bring huge benefits to several industries, ranging from urban infrastructure to green energy. This investment will also commit to strengthening security ties across the Indo- Pacific region. Japanese investments in India touched $32 billion between 2000 and 2019, mainly in the automobile, electrical equipment, telecommunications, chemicals, insurance and pharmaceutical sectors. Japan has also be

Property Consulting

Luxury residential scheme hits the market!

Property investors are being targeted as a new £3million luxury residential hits the market. Andrew Parker, managing director, and auctioneer at SDL Property Auctions said: “It’s rare to see a property in such a prime location come to auction and we expect interest to be high given its proximity to the city centre and the history of the building itself." A former Nottingham police station is set to go to auction this month with plans to transform the building into £3m residential apartments overlooking the city’s affluent Park Estate. _______________________________ Do

Investment

Here’s where Gen Z are building their wealth.

The Royal Mint released a report whereby it was discovered that 80% of those in Gen Z are investing, approximately £200 a month. It is said that 16 - 25 year olds are choosing to invest in their futures and that by the next financial year the investments made by this generation will amount to £9.4 billion. These young people are typically those following financial influencers or FinFluencers, however, these tips often come without disclaimer and can sometimes falsely promote investments. Investing has also had an affect on lifestyle, in order to support their finances :  8