Chinese regulators will ban the president of the real estate giant from the stock market for life Evergrandea subsidiary of the company announced on Monday, adding that a large fine will be imposed on the company. China Securities Regulatory Commission (CSRC) “plans to speak out in favor of banning Xu Jiayin from the stock market […]
Tag: Real estate
Rise of ‘nearshoring’ worsens the housing crisis on the northern border of Mexico
The relocation of value chains or ‘nearshoring‘threatens to worsen the housing crisis on the northern border of Mexicowhere property prices rose almost 12% in the last year in Ciudad Juárez alone, according to the Mexican Association of Real Estate Professionals. He ‘near shoaring‘has caused the arrival of thousands of foreign workers to Juárez, a city […]
The square meter shot up to S/7,419, one step away from its historical peak
The price of the square meter (m²) in metropolitan Lima reached, in the fourth quarter of 2023, S/7,419, just 0.5% below the previous quarter —when it recorded its highest value ever recorded: S/7,454— and 2.2% more than in the last three months of 2022, revealed the Peruvian Chamber of Construction (Capeco). The largest increase was […]
Country Garden: they file a liquidation request against the Chinese real estate company
A creditor submitted a liquidation request to the Hong Kong Justice against the indebted Chinese real estate giant Country Garden due to the non-payment of 1.6 billion Hong Kong dollars (US$204 million) of a loan, the developer reported today. In a statement sent to the Hong Kong Stock Exchange – where it is listed – […]
Property tax 2024: everything you need to know
In January, all citizens receive the coupon book at home, which is the sworn declaration of the property tax and municipal taxes with our data and those of the property, as well as what we have to pay. However, the question arises as to who receives the payment if the property is transferred or if […]
Gerardo Freiberg: “We are on track to continue increasing prices”
Freiberg details the factors that explain the local real estate market, which is not up to the needs of families and, due to its high concentration, increases costs in a period where rates were tightened due to the monetary policies of the Central Bank of Booking. –How is the real estate market? Will it be […]
Do you want to get into the rental business? This is the district that offers the highest profitability
Despite the economic recession, the real estate and construction sector continues to rise. That is why, if you are looking for invest in a market You can’t lose, buying an apartment or house and then renting it is a great option. “It is always a good year to invest in real estate. “It is an […]
Fall in construction will not stop home sales
He construction sector It would have fallen 8.7% last year and the 3.3% rebound that is expected for 2024 will not bring a significant change in the closing of infrastructure gaps, they warned from the Peruvian Chamber of Construction (Capeco). It would be, without counting the pandemic —when it fell 14% and then rose to […]
Investment in a property is recovered in 20 years with rent
If a person decides to acquire a property to rent it, it will take them 20.7 years to recover their investment, since the average annual rate of return in metropolitan Lima, as of November 2023, remained at 4.82%, details Urbania. In good faith, the owner will receive 4.82% per year of what he spent to […]
China recognizes difficulties and says it will support the real estate market
Senior leaders of the Chinese Communist Party (CCP) recognized that their economy faces “difficulties” and they promised to support their real estate in crisis at a meeting this week, state media reported Tuesday. “China still has to overcome some difficulties and challenges to further reactivate the economy,” top CCP leaders, including President Xi Jinping, admitted […]