Investment

USA: Retirees remaining anxious despite the decline in inflation!

Almost 55% of Senior Citizens will remain sceptical of the rising costs this year, despite the fact the rate of inflation is trending downwards. Virtually the same proportion of respondents said that in 2022, their household costs rose by more than the 6% of the increase in benefits from that year. As to whether 2023 will be the year in which seniors catch up with inflation, an overwhelming 96% of survey respondents don’t think so. On a political note, 62% of the respondents think Congress should protect Social Security and Medicare benefits from delays or automatic cuts t

Property Consulting

Australian Property companies’ earnings suffering!

Rising interest rates could prompt wave of forced sales, further hitting house prices. This has also led to new listings collapsing and sellers unwilling to reduce their prices to the level of many other companies. The real estate company, McGrath has reported an 83% drop in net profit for the next six months, due to the poor spring season. This significant drop has been predicted by reduced sale volumes. The owner of the company predicts rising house prices in 2024, and remarks on the need for a 'breather' after the rapid growth of the past 3 years. The pullback in listin

Property Consulting

Approximately 13000 companies with UK property have failed to declare owners!

These offshore companies will now be facing fines and bans on selling their land, as indicated by the government. The introduction of the new register of overseas owners of UK properties, saying it had been “invaluable for tax and revenue services, bringing transparency to opaque offshore trusts often used to obscure assets for tax purposes”. This number is approximately 40% of properties beneficial owners. There would now be further investigatory powers for Companies House and the Insolvency Service and investment of up to £20m to spend tackling money laundering through c

Investment

Why have interest rates in the UK increased, again?

The Bank of England has raised interest rates for the 10th time in a row, upping the base rate from 3.5 per cent to 4 per cent. The Bank have commented upon the fact that the UK is still heading into a recession, however, but the downturn will be shorter and less steep. Therefore, we will be able to recover quicker. Peak-to-trough gross domestic product (GDP) is set to shrink by 1 per cent – down from the 3 per cent previously projected. Rates will then stay above 3.25 per cent for at least the next three years, according to the forecast. This is despite inflation starting

Property Consulting

UK industrial real estate market is plummeting!

The UK industrial property values have fallen by approximately 26% in 6 months. Since 2008, there has never been such a loss of value in such a short period of time. However, since 2022, the yields on industrial property has increased by more than 120 basis points. Quarterly rental growth remained positive for hotel, office, residential and industrial property, according to the index. A 12.8% drop in all-property capital values in the last three months of 2022 was the major drag on performance as high inflation, rising interest rates and a higher cost of capital all impact

Investment

Finance gap in UK’s economy : Is Nature the answer?

The British economy is currently facing a gap of approximately £97 billion to meet the nature- related goals by 2032. Without investment, as outlined in the public policy of the 25 year environment plan, both the natural environment and the economy are at risk of collapsing. Approximately, £600million worth of housing is at risk of being submerged if the financial sector does not step up. While the recent donation from Aviva of £38 million to the Wildlife Trust is a welcome development, donations are not a sustainable model for financing nature recover.With the Treasury al