Property Consulting

Female property tycoon has sailed through the property slump in China:

The property crackdown in China has meant severe losses for many property tycoons and billions of dollars being removed from them. However, Wu Yajun who is a chair real estate developer for Longfor and now is thought to have a calculated wealth of over $15 billion USD. Despite, her wealth having decreased by almost $3billion USD since 2021, it is still across China the smallest decline. This steadiness is attributed to her 'financial discipline' and management of her resources. Additionally, comments have been made suggesting Longfor would benefit from gaining market share

Property Consulting

Children’s residential care home provider to create jobs with property portfolio expansion:

A children’s residential care home provider has received a £150,000 loan to open new homes and drive recruitment. This latest funding package will support the opening of Prime Nurture Services’ (PNSL) first two homes as part of a plan to establish ten homes over the next three years. The businesses provide accommodation for those aged 8 to 18 years and support with their personal development, health, wellbeing, education, and cultural needs. _______________________ Will this expansion help the children gain their footing?

Investment

Writing off losses on sales of investment:

Selling an investment property at a loss may not be ideal but it may be necessary if you need cash or you simply no longer wish to own the property.  You can write off sales of investment on the property if you understand how deducting capital losses works. When you sell an investment property at a loss, you’ll need to report it on Schedule D of your Form 1040 to claim a deduction. Remember that deductions reduce your taxable income which could mean paying less in taxes or getting back a larger refund. The IRS allows investors to use capital losses to offset capital gains

Investment

Higher energy prices, will trigger investment boom:

The higher oil and gas prices will make it more attractive for traditional energy companies to increase their exploration and production at the same time it accelerates decarbonization technology. Spotlighting, U.K and USA spending plans there are major supply shocks and excess demand. Recent events will accelerate the shift towards greener sources of energy in many parts of the world over the long-term. This presents a significant long-term opportunity for investments in infrastructure, renewable and clean technology. ___________________________________________ How were

Investment

Goldman pays 1.7 billion euros for Dutch-based asset manager:

In order to expand its asset management footprint in Europe and increase its sustainable investment capabilities, Goldman-Sachs has acquired NN Investment Partners investment capabilities. The business will push growth in products such as European equity and investment-grade credit, sustainable investments and "green" bonds. The chief is looking to diversify the bank's revenue to focus on more predictable business such as consumer banking, wealth and asset management. ______________________________ Is this is a good move? Will there be major benefits in the future?

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

Property Consulting

Resolving the property overhang:

The National Property Information Centre (NAPIC) released its overhang numbers for 2021 last week, it revealed that Malaysia is still far from resolving an issue that has been plaguing the property market for years. The statistics also showed that the level of overhang in the country is at its highest since 2018. The number of unsold units under construction improved, dropping by 2.1% to 70,231 units. However, the number of unsold units not constructed recorded a sharp increase by 69.2% to 21,960 units. Investors in search of quicker returns may decide to turn to the finan

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.