Tag: Real estate
How to create wealth through real estate investments
Real estate investment is one of the myriad of ways that you can use to create wealth.
Wealth grows through compounding, which means putting money...
State fronts low REITS threshold to boost real estate investment
The high investment and transaction fees have been identified as the main challenges currently facing development of Real Estate Investment Trusts (REITs) in the...
China police detain staff at Evergrande wealth unit
Staff of embattled property developer Evergrande's wealth management unit have been detained by police in Shenzhen, southern China.
In a post on social media police...
Unity Homes, Absa ink deal for housing offtake in Tatu City
Potential home buyers will access up to 90pc of financing for the purchase of affordable homes constructed by Unity Homes in Tatu City.
This follows...
China debt-laden property giant reports record loss
Country Garden, one of China's biggest property developers, has become the latest real estate giant to warn that it could default on its debts.
This...
Crisis-hit China Evergrande shares plunge by 80pc
Shares in embattled Chinese developer Evergrande have fallen by around 80% as they started trading in Hong Kong for the first time in a...
Kenyans in diaspora prefer investing in real estate
Many Kenyans living abroad opt to participate in the real estate market for a variety of reasons, including the potential of a good return...
Evergrande: Crisis-hit Chinese property giant reveals $81bn loss
Crisis-hit Chinese property giant Evergrande has revealed that in 2021 and 2022 it lost a combined 581.9bn yuan ($81.1bn; £62bn).
The firm, which defaulted on...
Mizizi Africa set to exit off-plan housing development
Mizizi Africa Homes has commenced its exit from off-plan housing as it entrenches the ‘Buy, We build’ concept into its operations.
The developer has roped...
