CEFC and AXA IM Alts Commit $100 Million to Sustainable, Affordable Housing in Australia

Pioneering Investment to Integrate Clean Energy in Build-to-Rent Developments The Clean Energy Finance Corporation (CEFC) will invest $100 million in a groundbreaking build-to-rent (BTR) strategy led by AXA IM Alts. This initiative aims to use clean energy tech. It seeks to build high-quality, sustainable, and affordable housing in Australia’s largest cities. Addressing Housing Affordability and…

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Jarrod Grasso Appointed as National Association of REALTORS NAR’s First Senior Vice President of Industry Relations

Longtime NJ REALTORS CEO to strengthen the National Association’s partnerships The NAR has appointed Jarrod Grasso as its first SVP of Industry Relations. He was the former CEO of New Jersey REALTORS. This new role aims to boost collaboration between NAR, its state and local associations, and key industry stakeholders. A Proven Leader in Real…

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Philippine Economy Achieves 6.2% Growth in Q4 2024

Robust consumer spending and the services sector drive economic expansion. The Philippine economy demonstrated resilience in the fourth quarter of 2024, achieving a 6.2% growth rate. This performance brings the full-year gross domestic product (GDP) expansion to 5.9%, as reported by Real Estate News Philippines. Key Growth Drivers Consumer Spending: The Christmas season boosted spending,…

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Where do APAC markets stand in their bid to achieve sustainable real estate?

Green Horizons: APAC’s Journey Towards Sustainable Real Estate With the urgent need to fight climate change, the APAC real estate sector is shifting towards sustainability. Buildings cause over 60% of carbon emissions in cities. So, we must shift to green real estate. It’s not just good; it’s essential. Current Landscape of Green-Certified Buildings Recent research…

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MahaRERA Suspends 20,000 Property Brokers Over Certification Non-Compliance

Mumbai, 23 May 2024 — The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended about 20,000 real estate agents. They failed to get the required Certificate of Competency. This cuts the number of registered agents in the state to about 13,000, down from 47,000 since MahaRERA’s 2017 start. The Certificate of Competency requirement started on…

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