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ANNOUNCEMENT: SMALL RELATED PARTY TRANSACTION -December 08, 2023 at 07:42 am EST

ANNOUNCEMENT:

SMALL RELATED PARTY

TRANSACTION

The Directors of PrimeTime Property Holdings Limited hereby give notice. ....

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Supreme Court ruling halts BMC's plans to auction 67 attached properties in Mumbai

The Supreme Court rejected its review petition and upheld the Bombay High Court's order fixing capital values. ....

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Dubai outperforms global prime residential market in 2022

Dubai outperformed global prime residential markets in 2022 as capital values surged 12.4 per cent compared to 3.2 per cent average capital values across 3.. ....

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BBCNEWS Talking Business June 4, 2024 01:38:00

At canary wharf, sort of 15 17% vacancy. what it is showing is we have demand for offices in some of the areas where people want to go. what holds up property valuations is the rents that people want to pay, so super prime, premium rents are holding up, people very much want those sorts of offices and so that is supporting those sorts of capital values. so we see the super premium offices probably have a 20% premium over more traditional standard offices. during the pandemic, rents actually held up surprisingly well, people continued to pay their rent. the other component for property values is interest rates. recently we have seen a spike in interest rates. what that does is it tends to depress the value of real estate, so rent divided by your ....

Property Valuations , Canary Wharf , Capital Values , Interest Rates , Real Estate ,

BBCNEWS Talking Business June 4, 2024 03:39:00

People want to go. what holds up property valuations is the rents that people want to pay, so super prime, premium rents are holding up, people very much want those sorts of offices and so that is supporting those sorts of capital values. so we see the super premium offices probably have a 20% premium over more traditional standard offices. during the pandemic, rents actually held up surprisingly well, people continued to pay their rent. the other component for property values is interest rates. recently we have seen a spike in interest rates. what that does is it tends to depress the value of real estate, so rent divided by your cap rate or your interest rate gives you your capital value, so it s interest rates rises that tend to depress the value of offices. but it s a really mixed picture. as i say, super prime offices in the hearts of cities, values are holding up extremely well. it s the secondary grade ....

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