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CapitaLand Investment says investments slowing amid economic red flags
Authentic estate traders are now currently being “watchful and prudent” about deploying funds in the experience of increasing economic uncertainty around the entire world, reported main Singaporean assets investment manager CapitaLand Financial investment. Its 50 percent-yr monetary results on Thursday exposed that CapitaLand Investment’s revenue fell 38{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to $433 million Singaporean dollars ($316 million) for the initially half of the year owing to a lessen tempo of “capital recycling” this 12 months, which the agency experienced adopted as a cautionary stance against a troubled global financial system. “We’re remaining really careful, affected person and prudent, as I imagine many of our friends … are,” the company’s chief monetary officer Andrew…
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Gov. Whitmer Announces New Housing Development, Economic Investments for Three Detroit Neighborhoods
Gov. Whitmer Announces New Housing Development, Economic Investments for Three Detroit Neighborhoods FOR IMMEDIATE RELEASE February 2, 2022 Contact: Kathleen Achtenberg, [email protected] Gov. Whitmer Announces New Housing Development, Economic Investments for Three Detroit Neighborhoods LANSING, Mich. – Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) today to announce that the state will be supporting revitalization projects to bring new housing, economic growth and vibrancy to three neighborhoods in Detroit. The projects are expected to generate a total capital investment of $33 million. “These revitalization projects demonstrate our ongoing efforts to meet the housing needs of Michiganders and build a foundation for long-term economic opportunity in Michigan,” said Governor Whitmer. “Today’s investment is helping us put Michiganders first, creating good-paying jobs, and reinforcing Detroit neighborhoods as attractive places to live, work, and play by transforming underutilized properties into productive spaces.” The Brush 8 Townhomes project will include the construction…
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Consumer Confidence and Economic Optimism Bolster Canadian Luxury Real Estate Market as Downtown Living Revitalizes
A return to city living and enduring pandemic influences drive price gains and active fall market, as scarce inventory undermines potential sales, according to Sotheby’s International Realty Canada TORONTO, Oct. 06, 2021 (GLOBE NEWSWIRE) — Canada’s metropolitan luxury real estate markets continue to reflect unprecedented circumstances leading into fall 2021. Following record-shattering sales across major markets through the first half of 2021, pandemic-related influences continue to motivate consumer housing activity, driving new demand for urban real estate as downtown cores revitalize and consumer confidence in higher density, city living continues to rise. However, the supply of available top-tier real estate is deficient in relation to housing needs, constraining sales across…
