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Interview with Bronwyn Corbett, CEO of Grit Real Estate Income Group (LON: GR1T)
December 15, 2020 08:30 AM GMT| By Team Kalkine MediaGrit Real Estate Income Group (LON: GR1T) is a prominent real estate company with a presence across Africa (excluding South Africa), focussing on investing and actively managing a diversified portfolio of assets reinforced by mainly USD and Euro deno...
UK House Price: Rightmove (LON: RMV) predicts 4 per cent 'price rise' in 2021
December 14, 2020 08:31 AM GMT| By Kunal SawhneySummary Rightmove PLC, the largest online property in the UK, has projected that the house price would grow by 4 per cent in 2021. The current figures indicate that the asking price of properties was 6.6 per cent above the 2019 price The h.....
Housing boost: BoE mulls new mortgage impetus for homebuyers
December 13, 2020 12:44 AM GMT| By Kunal SawhneySummary Bank of England explores the idea of making mortgage terms more lucid for first-time home buyers. There are reports that such buyers have been left out due to tough lending regulations. The implementation of the proposal could see the h.....
Diversified Grit (LON: GR1T) Positioned for Long-Term Growth
December 09, 2020 01:11 PM GMT| By Team Kalkine MediaThe potential for African Real Estate The African commercial real estate market is largely in its infancy. Historically, the challenges around security of land tenure, along with the lack of quality tenant counter-parties, and the complexiti.....
SSE (LON: SSE), Equinor (NYSE: EQNR) sell stake in Dogger Bank wind project to ENI (BIT: ENI)
December 04, 2020 03:42 PM GMT| By Kunal SawhneySummary SSE Plc announced a 10 per cent stake sale in Dogger Bank Wind Farm project to Eni The proceeds realised from the stake sale will be set aside for the utilisation for SSE’s low carbon growth plans Equinor is set to operate the as.....
UK housing upbeat: Mortgage approvals reach a 13-year high
December 02, 2020 08:43 AM GMT| By Kunal SawhneySummary The housing market has been one of the strongest performing UK sectors this year, after it reopened after the first lockdown in May Mortgage approvals in October reached a high value of 97,500 The primary reason for the rise in demand .....
Renewable stocks in focus as government subsidises onshore and solar projects
November 27, 2020 04:37 PM GMT| By Team Kalkine MediaThe UK government has decided to double the capacity of renewable energy projects which can ask for support in the next round of subsidy auctions scheduled next year after it consented to include solar power and onshore wind projects for the first ti...
UK housing market: More than 100,000 house sales expected during Q1 2021
November 26, 2020 11:43 AM GMT| By Team Kalkine MediaSummary Property website Zoopla has predicted additional new house sales in the first three months of 2021 The website expects the property market to be busiest around the Christmas due to the unlocking of the pent-up demand from the current lo.....
How House Building Stocks Are Performing Amid Rising Demand for Extending Stamp Duty Holiday?
November 23, 2020 08:36 AM GMT| By Kunal SawhneySummary Property professionals are requesting Chancellor of the UK Rishi Sunak to extend the deadline of the stamp duty In order to boost the property market, Sunak had announced a Stamp Duty Land Tax holiday this year In July, the Government .....
What Does Rightmove’s Report of House Price Tag Edging Down Tell Us About the UK Housing Market?
November 22, 2020 06:46 AM GMT| By Kunal SawhneySummary The average housing price set by home sellers in England was down by 0.5 per cent in October The fall in housing prices seems to have been triggered due to increased supply of housing projects As the pent-up demand and a broad desire t.....
Johnson’s 10-point green plan for economic recovery and job creation
November 18, 2020 03:02 PM GMT| By Hina ChowdharyThe United Kingdom recently came out with a 10-point implement plan to further the country’s objective to make itself carbon neutral by 2050. Dubbed as the ‘green industrial revolution’, the plan has a budget of £12 billion .....
What will the Scotland to England green energy 'superhighway' achieve?
November 18, 2020 10:41 AM GMT| By Team Kalkine MediaSummary UK has launched a major green energy infra project to build undersea power cable from Scotland The power cables to bring vast underutilized resources in Scotland to the UK consumers The energy superhighway will be 270 miles long .....
Why did the UK house prices correct in November after a 4-month rally?
November 17, 2020 10:24 AM GMT| By Hina ChowdharyProperty prices fell by 0.5 per cent in the first half of November after having been on an upturn for the past few months The market correction coincides with the second lockdown and is being haunted by the deteriorating jobs scenario and...
Will The Housing Market Boom Continue In 2021?
November 13, 2020 12:47 PM GMT| By Kunal SawhneySummary The house price index of Royal Institution of Chartered Surveyors (RICS) saw an unexpected rise from +62 in September to +68 in October The reading has been the highest since September 1999 Though there has been an improvement, the hou.....
Grit’s Diversified African Real Estate Buoys Portfolio Against Covid Volatility
November 13, 2020 11:00 AM GMT| By Team Kalkine MediaGrit Real Estate Income Group (LON: GR1T) is a real estate major with a presence across Africa (excluding South Africa), focussing on investing and actively managing a diversified portfolio of assets underpinned by mainly US$ and Euro denom.....
Persimmon Declares Second Dividend, Taylor Wimpey Raises Profit Guidance - Is the Housing Market Growth Sustainable?
November 12, 2020 09:52 AM GMT| By Kunal SawhneySummary Persimmon announced a second interim dividend of 70p per share to be paid in December Taylor Wimpey had revised its profit expectations following the rapid growth in the market fuelled by stamp duty holiday and Government's Help to Buy.....
Second Lockdown Fails to Affect Housing Market Momentum
November 10, 2020 02:48 PM GMT| By Team Kalkine MediaSummary The second lockdown has not affected the momentum of the housing market as prospective buyers are busy purchasing properties before the expiry of the stamp duty holiday period next year. The pandemic this year has been a massive demand .....
What made Countrywide Plc (LON: CWD) Shares Surge?
November 10, 2020 02:15 PM GMT| By Team Kalkine MediaSummary Countrywide received a takeover bid worth £82 million from its rival Connells Company’s share saw a sharp increase of 45 per cent on Monday reacting to the latest development The proposal is at a nascent stage and Connells .....
Severn Trent, United Utilities, Pennon Group, SSE - Can These Utility Stocks Be Looked for Dividend Income?
November 09, 2020 05:27 PM GMT| By Kunal SawhneySummary Companies belonging to the Utility sector usually have stable businesses and are considered regular dividend payers Dividend stocks are stocks which give their holders regular income and are preferred by investors who are risk averse I.....
Countryside homes shine as city properties lose luster post Covid
November 05, 2020 10:36 AM GMT| By Hina ChowdharySummary House property prices in the British countryside have hit a four-year high with Worcester and Cobham witnessing the highest buyer traffic According to data provided by real estate agent Knight Frank LLP, the Prime Country House Index, f.....
