Pwc real estate

TORONTO: Canadian pension funds are seeking to boost their real estate investments, betting the slumping property market will recover as the COVID-19 pandemic recedes and office workers and city dwellers return to downtown properties.Canadian pension funds held $278.7 billion in property assets in 2019, up 4% from 2018, according to the Pension Investment Association of Canada, making them the country's largest real estate owners.In a world of slower economic growth, very low interest rates, volatility in equity markets, real estate offers an attractive opportunity for pension funds, which take a long-term investment horizon, say market participants."We're looking for buying opportunities," said Hilary Spann, Head of Americas, Real Estate at CPP Investments, which manages $456.7 billion. CPP's real estate portfolio generated 5.1% return for the year ended March 2020.CPP announced a U.S. joint venture with Greystar Real Estate Portfolio to build multiple separate housing units this … [Read more...] about Canadian pension funds hunt for real estate bargains during pandemic

Hanoi (VNA) - While 2020 is believed to have changed the real estate industry, trends in the sector this year are forecast to sustain or be aligned with demand in the market. Trang Bui, a senior director at JLL Vietnam, said one of the five main trends in 2021 is “city in the city” and “integrated real estate”, which are popular in large-scale projects. Vietnam’s property market is becoming more mature, with buyers increasingly interested in a healthy and sustainable living environment rather than simply a place to live. To attract buyers, developers are, therefore, building residential areas with a range of facilities to help future residents steer clear of problems caused by rapid urbanisation and outdated public infrastructure. A plus in any large-scale project is the ability to provide different types of housing for many potential groups of buyers, Trang said. The second trend is the result of a shift to working from home, fuelled by the COVID-19 … [Read more...] about Five trends identified for real estate market in 2021

Co-operation a win for real estate groups In its 10 years of operations in Vietnam, Gamuda Land has sought partnerships with many national and international sales agencies, with the most distinguished partnership being the one with CenLand in the area of business development, product sales and advertisement, since 2013. During this period of co-operation, CenLand has successfully marketed and sold several real estate products in the Gamuda Gardens township, which is one of the main precincts of Gamuda City - namely The ONE Residence, The TWO Residence, Iris Homes, Lily Homes, and Camelia Homes. In January 2018, Dahlia Homes was revealed to the public by developer Gamuda Land and CenLand. The product is anticipated to be the premier real estate product in the Year of the Dog. … [Read more...] about Co-operation a win for real estate groups

The 430 transactions reported not only set a record for the month but also for any month, according to our data that tracks Lafayette Parish monthly home sales going back 20 years. It was a fitting way to cap a year that in so many ways was anything but typical. … [Read more...] about Bill Bacque: Here’s why the Acadiana real estate market will stay hot in 2021

It is located in the city's SoMa (South of Market) neighborhood, which is home to the headquarters of several tech companies, including Uber, Airbnb and Salesforce. … [Read more...] about Kamala Harris’ $8 million real estate portfolio includes 3,500sq-ft LA abode, swanky DC condo and $890,000 San Fran loft