International News

What’s Next For UK Mortgage Rates?

What’s Next For UK Mortgage Rates?

Source: Forbes Advisor --- The Bank of England raised interest rates on 15 December from 3.0% to 3.5%. The 0.5 percentage point increase marked the ninth rise since December 2021 when Bank rate stood at just 0.1%. It put the Bank rate at its highest level since 2008...

Canada: What’s Next For Commercial Real Estate In 2023?

Canada: What’s Next For Commercial Real Estate In 2023?

Source: Mondaq ---  As we look ahead to 2023 with COVID-19 hopefully in the rearview mirror for the most part, we are seeing a number of predictions as to what is in store for 2023 and beyond. Rising interest rates, changing tenant demands and a cooling of the...

Europe Braces for a Sharp, Abrupt Real Estate Reversal

Europe Braces for a Sharp, Abrupt Real Estate Reversal

Source: Insurance Journal --- Turmoil at trophy properties in London and Frankfurt offer a glimpse of the damage awaiting European real estate investors as they face the sharpest reversal on record. From a fraught refinancing process for an office building in the City...

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