Property Consulting

Standard Bank indebted to property companies:

Recently released 2021 financial statements for the financial services group show that the company has extended N$12,7 billion in mortgage loans. The company made a profit of N$371 million for the 2021 financial year and shareholders' cut was 31 cents per share for the whole year. The deal is, however, still subject to regulatory approvals from the Bank of Namibia, the Namibian Competition Commission, and the South African Reserve Bank and can only be implemented after these approvals have been received. ______________________________ How much of an effect does this have

Investment

Investment in renewable energy can deliver more jobs than fossil fuels:

Investment in renewable energy can create three times as many jobs as investing in fossil fuels, per million pounds invested. Although investment in energy efficiency can bring 5 times as many jobs. Post the wakening of the Ukraine vs. Russia war, energy prices have risen exponentially- causing the UK to increase and invest in their energy security. As a result in the coming days the government is expected to announce an energy security strategy. Additionally, this report signals the government to subsidise a nationwide programme in the skills and creating a supply chain.

Investment

Climate investment is up to 6 times lower than required:

According to a report from the United Nations , Intergovernmental Panel on Climate change (IPCC) in order to reduce the effects by 43% of greenhouse emissions by 2050 investments need to increase. for decarbonising the sectors. Where significant challenges lie ahead in ensuring human well-being in less carbon-intensive ways than were seen in the development of high-income nations. One area of focus has been to compensate for an apparently unfulfilled pledge made in 2009 by wealthier nations to mobilize $100 billion annually by 2020 to help vulnerable nations deal with clim

Investment

Gulf States Eye Egypt Power Plant, Fuel Firm in Investment Surge:

This support comes as North African nation seeks a deal with the International Monetary Fund. Several international investors, including Gulf sovereign wealth funds, have showed interest in Wataniya and the Siemens-built power plant. Oil-rich Gulf countries are looking to bolster Egypt’s economy as it comes under increasing strain from soaring commodity prices due to the war in Ukraine. Saudi Arabia and the United Arab Emirates pumped billions of dollars into Egypt after the 2013 ouster of a president who hailed from an Islamist political organization many Gulf states see

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

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

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