Bank testing automated payments for small landlords According to CNBC, the world’s largest bank is launching a platform for multifamily owners that automates billing and accepts online rent payments. However, the great majority of renters in …
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Is commercial real estate set to see another shock?
In case it does, Bloomberg reported that well-known lenders for commercial real estate, particularly offices, are looking at selling their loans in low-demand areas like New York. Among them are …
Property market reaction to the Bank of England hiking the base rate to 3%
The Bank of England (BoE) said the UK faces the longest recession in 100 years after raising interest rates to 3% in the highest single increase since 1989. The Bank …
Danube Group, a Dubai-based diversified family-owned business had a soft launch of Danube Sports World – the largest indoor sports facility in the Middle East, set up on a 200,000 square feet …
The property market in Toronto: what’s the scope ?
According to Reuters, Canadian analysts predict the national slowdown to last until 2023, with a possible rebound in 2024. Low loan rates, which were recently boosted by the Bank of …
Climate Resilience Design Guidelines Are Becoming Mandatory
The Federal Emergency Management Agency says that 25% of U.S. cities and towns have adopted the latest building code rules for dealing with hazards. However, modern construction rules may not …