
Month: January 2025

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…

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…

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,…

World Property Media Launches Funding Round to Develop WPC TV
Miami-based company plans $200 million investment to create global real estate streaming platform. World Property Media, a subsidiary of World Property Ventures, will seek $200 million in private funding in mid-2025. This will support the development of WPC TV, a global real estate streaming service. WPC TV: A New Era in Real Estate Media WPC…

Fast-Track to Homeownership: Top 5 U.S. Cities Where You Can Save for a 20% Down Payment in Under 4 Years
Achieving the American dream of homeownership often hinges on a big down payment. In many parts of the country, this can be daunting. A recent Realty Hop report highlights five U.S. cities. In them, buyers can save for a 20% down payment in under four years. This creates a much lower barrier to entering the…

U.S. Residential Foreclosures Dip 10 Percent Annually in 2024
Foreclosure Rates Decline: A 10% Annual Drop Marks U.S. Housing Stability in 2024 In 2024, the U.S. saw a 10% drop in residential foreclosures from 2023. This trend is encouraging. It suggests the housing market is stabilising. Fewer homeowners now risk losing their properties. According to a report published by ATTOM, a leading curator of…

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…

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…

SmartCentres Real Estate Investment Trust Announces $300 Million Debenture Issue
SmartCentres REIT announced an important development. It has priced a $300 million offering of Series AB senior unsecured debentures. This move is significant for the Trust as it aims to strengthen its finances and improve its position in the competitive Canadian real estate market. The Series AB debentures have an interest rate of 4.737% and…

China’s Real Estate Market Begins to Recover as Home Prices Stabilise
China’s real estate market is starting to bounce back as new home prices have stopped falling after 18 months. This is good news for people in the country, especially for buyers and builders who have faced many challenges. Recent reports show that new home prices in 70 major cities were stable in December 2024. This…