Month: May 2025
New Wave of B.C. Real Estate Development Trusts Opens Doors for Small Investors
A growing trend in British Columbia’s real estate market is reshaping how large development projects are financed. Real estate development trusts (REDTs) are enabling smaller investors to participate directly in funding major urban towers and mixed-use projects traditionally the domain of institutional investors. This emerging investment vehicle offers attractive returns but also introduces distinct risks…
B.C.’s Shadow Broker Mortgage Fraud Investigation Ends Without Criminal Charges Over Technicality
After a prolonged five-year probe, the Canada Revenue Agency (CRA) has dropped criminal charges against Jay Kanth Chaudhary, a British Columbia mortgage broker accused of orchestrating a sprawling $500 million mortgage fraud scheme. The decision, attributed to an unspecified “technicality,” leaves many questions unanswered about regulatory oversight and enforcement gaps in B.C.’s real estate sector….
Hodge Appoints John Carter to Lead Rebranded Real Estate Finance Division
Hodge has appointed John Carter as the new Head of Real Estate Finance, as part of a broader strategic shift that includes a rebrand of its property finance division. Carter, previously Commercial Director at Aldermore Bank, brings over 20 years of experience in real estate lending and team leadership. His appointment signals Hodge’s intent to…
Confidence Returns to UK Real Estate, But Caution Remains
The UK real estate and infrastructure sectors are experiencing a significant rebound in confidence, according to a major sentiment survey conducted by UKREiiF in partnership with Holistic Insight. Based on responses from over 10,800 professionals at the UKREiiF conference in Leeds, the survey shows that 70% of respondents now feel positive about the year ahead,…
Thames Water Faces Historic £122.7 Million Fine: A Turning Point for UK Water Industry
Thames Water, the UK’s largest water provider, has been hit with a record £122.7 million fine by Ofwat, the country’s water regulator. This penalty is the largest ever imposed on a water company and follows a comprehensive investigation into the company’s failures in sewage operations. While Thames Water has faced several fines in recent months,…
Eden on the Edge: 25 Years After Its Dazzling Debut, Can Cornwall’s Green Dream Survive?
The Icelandic poppies are exploding in colour. Deep inside the tropical biome, cacao pods hang like golden lanterns. In the Japanese garden, koi dart between lily pads beneath a canopy of cherry blossoms. Spring has come to the Eden Project and it’s glorious. But not everything is in bloom. Behind the radiant plant life and…
Revenue Freeze: MOH Nippon Slammed by Project Delays, Swings to Annual Loss
Once riding high on the boom of Japan’s real estate crowdfunding wave, MOH Nippon PLC has hit a wall and hard. The London-listed company now expects to post a staggering net loss of JPY1.15 billion (USD7.77 million) for the 11 months ended March 31, a complete turnaround from its JPY2.08 billion profit just a year…
Why Greener Homes Are the Future of South African Living
What if your next home saved you money, reduced your environmental footprint, and came with perks for being eco-conscious? That’s no longer a futuristic fantasy, it’s fast becoming the new normal in South Africa’s property market. “Sustainability is no longer a trend,” says Eva August, CEO of Century 21 South Africa. “It’s a responsibility.” In…
Prime Offices Fund Acquires 300,000 sq ft Delhi Commercial Asset for Rs 760 Crore in Landmark Deal
Prime Offices Fund, a joint venture between Nuvama Asset Management and Cushman & Wakefield Management Pvt. Ltd. (NCW), has acquired the 300,000 sq ft Prius Platinum commercial property in South Delhi’s Saket District Centre for approximately Rs 760 crore. Originally acquired by a Kotak Alternate Asset Managers-led consortium through the Insolvency and Bankruptcy Code (IBC)…
Britons in Spain Face Potential 100% Property Tax Under Proposed Legislation
British nationals seeking to purchase property in Spain could soon face a staggering financial obstacle, as the Spanish government considers new legislation that would impose a 100% tax on non-EU property buyers. The move, if passed, would effectively double the cost of buying a home in Spain for UK citizens and other non-European Union residents….