Infrastructure and real estate
UK housing market: More than 100,000 house sales expected during Q1 2021
November 26, 2020 10:43 PM AEDT| 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 07:36 PM AEDT| 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 05:46 PM AEDT| 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 19, 2020 02:02 AM AEDT| 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 09:41 PM AEDT| 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 09:24 PM AEDT| 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 11:47 PM AEDT| 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 10:00 PM AEDT| 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 08:52 PM AEDT| 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 11, 2020 01:48 AM AEDT| 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 11, 2020 01:15 AM AEDT| 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 10, 2020 04:27 AM AEDT| 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 09:36 PM AEDT| 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.....
What are growth stocks and why invest in them?
November 01, 2020 11:26 AM AEDT| By Team Kalkine MediaSummary Growth stocks represent companies, which are at a nascent stage and are progressively working to expand their market size and revenue base. These stocks represent high risk high reward opportunities for investors, who have the appetite .....
Should You Hold Real Estate Stocks After the End of Furlough Scheme?
November 01, 2020 11:22 AM AEDT| By Team Kalkine MediaSummary With the escalated demand for the new houses, the average price of a house in the UK has swelled to an unexpected level The UK’s largest building society has warned of a sharp slowdown indicating consolidation in the house prices .....
UK House Prices Witness A Surge In The Month Of October
November 01, 2020 11:10 AM AEDT| By Team Kalkine MediaSummary The country observed a surge in the house prices in October 2020 The average house prices have hit a new record high of £227,826, according to Nationwide The annual growth in property values reached its fastest rate since 2015 T.....
Focus on Ibstock: With stamp duty clock ticking, house prices soar again
October 30, 2020 03:40 AM AEDT| By Hina ChowdharySummary British home buyers seemed to be in a rush to beat the stamp duty holiday deadline Ibstock experienced a surge in demand for its products during Q3 2020 The house prices soared by 3 per cent in September as against the same month d.....
Nikola stock rises as GM backs electric truck deal
October 23, 2020 10:00 PM AEDT| By Team Kalkine MediaSummary The share price of Nikola surged almost 10 per cent on NASDAQ after President of GM said that there still remained potential in partnership with the electric and hydrogen truck startup. GM said that a partnership with Nikola provided it.....
Extension in Energy Price Cap Until 2021 and impact on FTSE Listed Power Companies
October 21, 2020 11:09 PM AEDT| By Hina ChowdharySummary The extension of price cap on standard variable energy tariffs have resulted in savings of between £75 to £100 a year for the average UK household The cap was introduced in 2013 to stop power companies from profiteering, and.....
Landsec To Implement Strategic Changes to Portfolio, Reduce Retail and Leisure Exposure
October 21, 2020 03:17 AM AEDT| By Team Kalkine MediaSummary Land Securities Group PLC, a commercial property investor announced a strategic overhaul, cutting its exposure to the hotel, leisure and retail park sectors from its portfolio Reduced construction outflows and slowdown in project execut.....