UK Homeowners Facing Mortgage Rates Over 5%
While Americans are dealing with mortgage rates in the mid-6% range, their U.K. counterparts are being warned that they will be burdened with 5%-plus fixed-rate deals in the coming weeks. According to a report in The Guardian, the publication on Wednesday that April’s...
Survey: 1 in 4 Canadians Plan to Buy Investment Property in Next 5 Years
Canadians have looked to the future and roughly one in four plan to buy investment property over the next five years. According to a new survey from Royal LePage, 11% of Canadians – approximately 4.4 million people – currently invest in residential real estate. Of...
Sydney Opera House Receives 6 Star Rating for Sustainability
Australia’s Sydney Opera House is hailed as one of the world’s most visually innovative structures. And now it can also claim to be a global leader in sustainability. According to a report from Facilities Management Advisor, the Sydney Opera House was awarded a 6 Star...
Survey: The Global Workforce Isn’t Fully Back in the Office
While the world has moved on from the Covid-19 pandemic, the global workplace has yet to fully resume its pre-pandemic status – especially in office properties. A new survey by Unispace of 9,500 employees and 6,650 employers from 17 countries found that only half of...
Toronto Office Market Could Have Oversupply Through 2041
The Greater Toronto Area (GTA) runs the risk of having a significant oversupply of office space that will impact the market until at least 2041. A new report prepared by Altus Group and released by NAIOP Greater Toronto predicted the near-future with three hybrid work...
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